Pathfinder Minerals Plc Grant of Share Options (4773B)
September 21 2018 - 1:01AM
UK Regulatory
TIDMPFP
RNS Number : 4773B
Pathfinder Minerals Plc
21 September 2018
21 September 2018
Pathfinder Minerals plc
("Pathfinder" or the "Company")
Grant of Share Options
Pathfinder announces that the Company has today granted a total
of 15,250,000 options over the Company's ordinary shares of 0.1p
each ("Ordinary Shares") to directors (the "Director Options") and
6,000,000 options over the Company's Ordinary Shares to management
of the Company. Further details of the Director Options are set out
below:
Director No. of options Exercise Expiry Total No.
Granted Price of Options
Held
====================== =============== ========= =========== ===========
Simon Farrell 6,000,000 1.75p 20/09/2023 6,000,000
====================== =============== ========= =========== ===========
Scott Richardson
Brown 6,000,000 1.75p 20/09/2023 6,000,000
====================== =============== ========= =========== ===========
Sir Henry Bellingham 3,250,000 1.75p 20/09/2023 6,000,000
====================== =============== ========= =========== ===========
Related Party Transaction
The grant of the Director Options is considered to be a related
party transaction pursuant to Rule 13 of the AIM Rules for
Companies. The Company's Nominated Adviser, Strand Hanson Limited,
considers that the terms of the grant of the Director Options are
fair and reasonable in so far as the Company's shareholders are
concerned.
Enquiries:
Pathfinder Minerals Plc
Scott Richardson Brown, Executive Director
Tel. +44 (0)20 3440 7775
Strand Hanson Limited (Nominated & Financial Adviser and
Broker)
James Spinney / Ritchie Balmer / Jack Botros
Tel. +44 (0)20 7409 3494
Vigo Communications (Public Relations)
Ben Simons or Kate Rogucheva
Tel. +44 (0)20 7390 0234
Email. pathfinderminerals@vigocomms.com
This announcement contains inside information for the purposes
of Article 7 of Regulation (EU) 596/2014.
PDMR Notification
1. Details of the person discharging managerial responsibilities
/ person closely associated
a) Name 1. Simon Farrell
2. Scott Richardson Brown
3. Sir Henry Bellingham
-------------------------------- -----------------------------------------
2. Reason for the Notification
---------------------------------------------------------------------------
a) Position/status 1. Non-Executive Co-Chairman
2. Executive Director
3. Non-Executive Co-Chairman
-------------------------------- -----------------------------------------
b) Initial notification/amendment Initial notification
-------------------------------- -----------------------------------------
3. Details of the issuer, emission allowance market participant,
auction platform, auctioneer or auction monitor
---------------------------------------------------------------------------
a) Name Pathfinder Minerals PLC
-------------------------------- -----------------------------------------
b) LEI 2138009YG6AG3K86TN77
-------------------------------- -----------------------------------------
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 Issue of options over ordinary shares
instrument, type of instrument of 0.1p each
-------------------------------- -----------------------------------------
Identification code GB00BYY0JQ23
-------------------------------- -----------------------------------------
b) Nature of the Transaction Issue of options
-------------------------------- -----------------------------------------
c) Price(s) and volume(s) Price(s) Volume(s)
1. 1.75 pence 6,000,000
2. 1.75 pence 6,000,000
3. 1.75 pence 3,250,000
-----------
-------------------------------- -----------------------------------------
d) Aggregated information N/A
Aggregated volume price
-------------------------------- -----------------------------------------
e) Date of the transaction 21 September 2018
-------------------------------- -----------------------------------------
f) Place of the transaction AIM (LSE)
-------------------------------- -----------------------------------------
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.
END
MSCURUWRWWAKUAR
(END) Dow Jones Newswires
September 21, 2018 02:01 ET (06:01 GMT)
Pathfinder Minerals (LSE:PFP)
Historical Stock Chart
From Apr 2024 to May 2024
Pathfinder Minerals (LSE:PFP)
Historical Stock Chart
From May 2023 to May 2024