Ecora Resources PLC Notification of transactions by Directors
October 24 2024 - 1:00AM
RNS Regulatory News
RNS Number : 3821J
Ecora Resources PLC
24 October 2024
24 October 2024
Ecora Resources
PLC
("Ecora"
or the "Company")
Notification of transactions
by Directors
Ecora Resources PLC (LSE/TSX: ECOR)
announces that awards of Ordinary Shares ("Shares") were made under
the Company's Long Term Incentive Plan ("LTIP") at nil cost on 23
October 2024 to Directors as detailed below. The awards are in line
with the Directors' Remuneration Policy approved by shareholders at
the 2024 Annual General Meeting on 2 May 2024. A share price of
approximately £0.8341, being the 5-day volume weighted average
price on 2 May 2024 as approved by the Company's Remuneration
Committee, has been used to determine the number of shares
awarded.
The LTIP provides Directors with
Shares awarded on a conditional basis as determined by the
Remuneration Committee. These awards will vest in October
2027, subject to the satisfaction of performance conditions linked
to total shareholder return, portfolio contribution and adjusted
earnings per share. Any vested Shares will then be subject to a
further holding period of two years and will be released in October
2029.
Director Share Dealings - Further
information
In accordance with Article 19 of the
UK Market Abuse Regulation, the relevant FCA notification is set
out below.
|
1.
|
Details of the person discharging managerial responsibilities
/ person closely associated
|
|
a.
|
Name
|
Mr.
Marc Bishop Lafleche
|
|
2.
|
Reason for the notification
|
|
a.
|
Position/status
|
Chief Executive Officer of Ecora Resources
PLC
|
|
b.
|
Initial
notification/Amendment
|
Initial Notification
|
|
3.
|
Details of the issuer, emission allowance market participant,
auction platform, auctioneer or auction monitor
|
|
a.
|
Name
|
Ecora Resources PLC
|
|
b.
|
LEI
|
213800LXSV317746JZ71
|
|
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
|
2p
Ordinary Shares
GB0006449366
|
|
b.
|
Nature of the transaction
|
Award of Shares under the terms of the Ecora Resources PLC
Long-Term Incentive Plan 2021, as amended and approved by
shareholders on 2 May 2024. Subject to the satisfaction of
performance conditions, the award will vest in October 2027; the
Shares will then be subject to a further holding period of two
years and will be released in October 2029.
|
|
c.
|
Price(s) and volume(s)
|
|
Price(s)
|
Volume(s)
|
|
0.00p
|
141,165
|
|
|
d.
|
Aggregated information
· Aggregated
volume
· Price
|
141,165
0.00p
|
|
e.
|
Date of the transaction
|
23
October 2024
|
|
f.
|
Place of the transaction
|
London Stock Exchange, Main Market
(XLON)
|
|
1.
|
Details of the person discharging managerial responsibilities
/ person closely associated
|
|
a.
|
Name
|
Mr.
Kevin Flynn
|
|
2.
|
Reason for the notification
|
|
a.
|
Position/status
|
Chief Financial Officer of Ecora Resources
PLC
|
|
b.
|
Initial
notification/Amendment
|
Initial Notification
|
|
3.
|
Details of the issuer, emission allowance market participant,
auction platform, auctioneer or auction monitor
|
|
a.
|
Name
|
Ecora Resources PLC
|
|
b.
|
LEI
|
213800LXSV317746JZ71
|
|
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
|
2p
Ordinary Shares
GB0006449366
|
|
b.
|
Nature of the transaction
|
Award of Shares under the terms of the Ecora Resources PLC
Long-Term Incentive Plan 2021, as amended and approved by
shareholders on 2 May 2024. Subject to the satisfaction of
performance conditions, the award will vest in October 2027; the
Shares will then be subject to a further holding period of two
years and will be released in October 2029.
|
|
c.
|
Price(s) and volume(s)
|
|
Price(s)
|
Volume(s)
|
|
0.00p
|
100,329
|
|
|
d.
|
Aggregated information
· Aggregated
volume
· Price
|
100,329
0.00p
|
|
e.
|
Date of the transaction
|
23
October 2024
|
|
f.
|
Place of the transaction
|
London Stock Exchange, Main Market
(XLON)
|
For further information:
This information is provided by RNS, the news service of the
London Stock Exchange. RNS is approved by the Financial Conduct
Authority to act as a Primary Information Provider in the United
Kingdom. Terms and conditions relating to the use and distribution
of this information may apply. For further information, please
contact
rns@lseg.com or visit
www.rns.com.
RNS may use your IP address to confirm compliance with the terms
and conditions, to analyse how you engage with the information
contained in this communication, and to share such analysis on an
anonymised basis with others as part of our commercial services.
For further information about how RNS and the London Stock Exchange
use the personal data you provide us, please see our
Privacy
Policy.
END
DSHMJBPTMTJTBRI
Ecora Resources (LSE:ECOR)
Historical Stock Chart
From Dec 2024 to Jan 2025
Ecora Resources (LSE:ECOR)
Historical Stock Chart
From Jan 2024 to Jan 2025
