Source - LSE Regulatory
RNS Number : 6210R
Unicorn Mineral Resources plc
30 October 2023
 

30 October 2023

 

 

Unicorn Mineral Resources Plc

 

("Unicorn" or the "Company")

 

Exercise of Options

 

Unicorn Mineral Resources Plc (LSE:UMR),  a mineral exploration and development company based in Ireland exploring for Zinc, Lead, Copper and Silver with its main focus at present being the "Limerick basin" in Ireland, announces that, following his resignation, Richard O'Shea, the previous CEO and director, has exercised 541,846 of his options at 5p.  The Board has agreed that the exercise period for his remaining 358,153 options will continue until 27 October 2028.

Application is being made for the 541,846 new ordinary shares to be admitted to trading on the Main Market of the London Stock Exchange which is expected to be on or around 2 November 2023. These shares rank pari passu with the existing ordinary shares of the Company.

Following the issue of these shares, the Company's issued ordinary share capital shall consist of 28,297,510 ordinary shares. The figure of 28,297,510 represents the total voting rights in the Company and should be used by shareholders as the denominator for the calculation by which they can determine if they are required to notify their interest in, or a change to their interest in, the Company under the Financial Conduct Authority's ("FCA") Disclosure Guidance & Transparency Rules.

This announcement contains information which, prior to its disclosure, was inside information as stipulated under Regulation 11 of the Market Abuse (Amendment) (EU Exit) Regulations 2019/310 (as amended). 

- ENDS -

For further information, please visit www.UnicornMineralResources.com or contact:

Unicorn Mineral Resources Plc

John O'Connor, CFO

Tel: +353 86 259 5123

Email: John.OConnor@UnicornMineralResources.com

Novum Securities Limited - Financial Adviser and Broker

David Coffman / George Duxberry

Colin Rowbury

Tel: +44 (0)207 399 9400

 

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