Arkle Resources PLC Grant of Options (7021R)
March 09 2021 - 11:01AM
UK Regulatory
TIDMARK
RNS Number : 7021R
Arkle Resources PLC
09 March 2021
9 March 2021
Arkle Resources PLC
("Arkle" or the "Company")
Grant of Options
Arkle Resources PLC (LON: ARK), the Irish gold and zinc
exploration and development company, is pleased to announce that
the following long-term, incentive options have today been granted
over 3,000,000 ordinary shares of EUR0.0025 in the Company (the
"Options"). The Options vest immediately, have an exercise price of
1.8 pence and an expiry date of 8 March 2028. The Options will be
distributed between the Directors as follows:
Director Number of Share Options granted
John Teeling, Non-Executive Chairman 1,000,000 ------------------------
David Cockbill, Non-Executive Director 1,000,000 ------------------------
James Finn, Financial Director and Company Secretary 1,000,000 ------------------------
Following this grant of options, a total of 15,800,000
long-term, incentive options are outstanding, representing
approximately 5.2% of the Company's current issued share
capital.
ENDS
Market Abuse Regulation (MAR) Disclosure
Certain information contained in this announcement would have
been deemed inside information for the purposes of Article 7 of
Regulation (EU) No 596/2014 until the release of this
announcement.
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 1. John Teeling
2. David Cockbill
3. J ames Finn
----------------------------------- -------------- --------------------------------------------
2 Reason for the notification
------------------------------------------------------------------------------------------------
a) Position/status 1. Non-Executive Chairman
2. Non-Executive Director
3. Financial Director and Company
Secretary
----------------------------------- -------------- --------------------------------------------
b) Initial notification Initial notification
/Amendment
----------------------------------- -------------- --------------------------------------------
3 Details of the issuer, emission allowance market
participant, auction platform, auctioneer or auction
monitor
------------------------------------------------------------------------------------------------
a) Name Arkle Resources PLC
----------------------------------- -------------- --------------------------------------------
b) LEI 213800CTOO8MOLMNEQ44
----------------------------------- -------------- --------------------------------------------
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 Ordinary shares of EUR0.0025
the financial
instrument, type
of instrument
Identification E00B2357X72
code
b) Nature of the Grant of options over ordinary shares
transaction
----------------------------------- -------------- --------------------------------------------
c) Price(s) and volume(s)
------------------- ------------------- -----------------
Price(s) Volume(s)
------------------- ------------------- -----------------
1 . 1 .8 pence 1 ,000,000
------------------- ------------------- -----------------
2 . 1 .8 pence 1 ,000,000
------------------- ------------------- -----------------
3 . 1 .8 pence 1 ,000,000
------------------- ------------------- -----------------
d) Aggregated information S ingle transactions as in 4 c)
above
- Aggregated volume 3,000,000
- Price 1.8 pence
e) Date of the transaction 2 021-03-09
----------------------------------- -------------- --------------------------------------------
f) Place of the transaction Outside a trading venue
----------------------------------- -------------- --------------------------------------------
ENDS
Enquiries:
Arkle Resources PLC
John Teeling, Chairman +353 (0) 1 833 2833
Jim Finn, Finance Director +353 (0) 1 833 2833
SP Angel Corporate Finance LLP
Nominated Adviser & Joint Broker
Matthew Johnson/Adam Cowl +44 (0) 203 470 0470
First Equity Limited
Joint Broker
Jason Robertson +44 (0) 207 374 2212
Blytheweigh +44 (0) 207 138 3204
Megan Ray
Rachael Brooks
Teneo
Luke Hogg +353 (0) 1 661 4055
Ross Murphy +353 (0) 1 661 4055
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END
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