24 March 2021
San Leon Energy plc
("San Leon" or the "Company")
Director Option Grants
On 23 March 2021, San Leon granted options over ordinary shares in the Company ("Options") under the Company's Unapproved Company Share Option Plan to the following Directors:
| Director | Role | Number of Options
| Exercise price |
| Lisa Mitchell | Chief Financial Officer
| 1,000,000 | 45 pence |
| Adekolapo Ademola | Non-executive director | 1,000,000 | 45 pence
|
The Options vest immediately and can be exercised any time up to and including 22 March 2028. The award to Lisa Mitchell, which forms part of her contractual entitlement in her role as Chief Financial Officer, was previously referred to in the Company's annual report for the year ended 31 December 2019.
The CBI notification in respect of the above, made in accordance with the requirements of the Market Abuse Regulation, is appended below.
Enquiries:
| San Leon Energy plc | +353 1291 6292 |
| Oisin Fanning, Chief Executive | |
| Allenby Capital Limited (Nominated adviser and joint broker to the Company) | +44 20 3328 5656 |
| Nick Naylor Alex Brearley | |
| Panmure Gordon & Co (Joint broker to the Company) | +44 20 7886 2500 |
| Nick Lovering | |
| Brandon Hill Capital Limited (Joint broker to the Company) | +44 20 3463 5000 |
| Oliver Stansfield Jonathan Evans | |
| Tavistock (Financial Public Relations) | +44 20 7920 3150 |
| Nick Elwes Simon Hudson | |
| Plunkett Public Relations | +353 1 230 3781 |
| Sharon Plunkett | |
Notification and public disclosure of transactions by persons discharging managerial responsibilities and persons closely associated with them.
| 1 | Details of the person discharging managerial responsibilities/person closely associated | |||||||
| a) | Name | Lisa Mitchell | ||||||
| 2 | Reason for the notification | |||||||
| a) | Position/status | CFO
| ||||||
| b) | Initial notification /Amendment | Initial notification | ||||||
| 3 | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | |||||||
| a) | Name | San Leon Energy Plc | ||||||
| b) | LEI | 213800KA6RMGIPCDRZ19 | ||||||
| 4 | Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted | |||||||
| a) | Description of the financial instrument, type of instrument Identification code | Ordinary shares
IE00BWVFTP56 | ||||||
| b) | Nature of the transaction | Grant of options under the Company's Unapproved Company Share Option plan | ||||||
| c) | Price(s) and volume(s) |
| ||||||
| d) | Aggregated information - Aggregated volume - Price
| N/a
| ||||||
| e) | Date of the transaction | 23 March 2021 | ||||||
| f) | Place of the transaction | Outside a trading venue | ||||||
| 1 | Details of the person discharging managerial responsibilities/person closely associated | |||||||
| a) | Name | Adekolapo Ademola | ||||||
| 2 | Reason for the notification | |||||||
| a) | Position/status | Non-executive director
| ||||||
| b) | Initial notification /Amendment | Initial notification | ||||||
| 3 | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | |||||||
| a) | Name | San Leon Energy Plc | ||||||
| b) | LEI | 213800KA6RMGIPCDRZ19 | ||||||
| 4 | Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted | |||||||
| a) | Description of the financial instrument, type of instrument Identification code | Ordinary shares
IE00BWVFTP56 | ||||||
| b) | Nature of the transaction | Grant of options under the Company's Unapproved Company Share Option plan | ||||||
| c) | Price(s) and volume(s) |
| ||||||
| d) | Aggregated information - Aggregated volume - Price
| N/a
| ||||||
| e) | Date of the transaction | 23 March 2021 | ||||||
| f) | Place of the transaction | Outside a trading venue | ||||||
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