Westmount Energy Limited Grant of options (2120T)
January 03 2017 - 6:51AM
UK Regulatory
TIDMWTE
RNS Number : 2120T
Westmount Energy Limited
03 January 2017
3 January 2017
Westmount Energy Limited
("Westmount" or the "Company")
Grant of options
Further to the expiry on 31 December 2016 of all outstanding
options over Westmount's ordinary shares, the Company is pleased to
announce the grant of options over Nil Par Value Ordinary Shares in
the Company to the following members of the Westmount Board:
Grantee No. of ordinary Exercise Price Expiration
share options Date
granted
Mervyn Bradlow 500,000 7.5 pence 31 December
per share 2019
Gerard Walsh 500,000 7.5 pence 31 December
per share 2019
Thomas O'Gorman 500,000 7.5 pence 31 December
per share 2019
David King 250,000 7.5 pence 31 December
per share 2019
Subject to the continued employment of the Grantee, the Share
Options may, at any time before their expiry, be exercised in whole
or in multiples of not less than 5,000 Nil Par Value Ordinary
Shares in the Company. However, no Ordinary share issued as a
result of any such exercise shall normally be sold before 31
December 2017 (except if certain conditions are met, including a
takeover or change of control of the Company).
For further information, please contact:
Westmount Energy Limited www.westmountenergy.com
David King, Director Tel: +44 (0)1534
823028
Cenkos Securities plc Nomad and Tel: +44 (0)20
Broker 7397 8900
Nicholas Wells / Elizabeth Bowman
(Corporate Finance)
ANNEX
Template for 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 Mervyn Bradlow
---- ------------------------------ --------------------------------------
2 Reason for the notification
---- ----------------------------------------------------------------------
a) Position/status Director
---- ------------------------------ --------------------------------------
b) Initial notification Initial notification
/Amendment
---- ------------------------------ --------------------------------------
3 Details of the issuer, emission allowance
market participant, auction platform, auctioneer
or auction monitor
---- ----------------------------------------------------------------------
a) Name Westmount Energy Limited
---- ------------------------------ --------------------------------------
b) LEI N/A
---- ------------------------------ --------------------------------------
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 Options over Nil Par Value
the financial Ordinary Shares in the Company
instrument, type
of instrument
----
Identification ISIN: GB00B0S5KR31
code
b) Nature of the Grant of options
transaction
---- ------------------------------ --------------------------------------
c) Price(s) and volume(s)
---- ----------------- ----------------
Price(s) Volume(s)
---- ----------------- ----------------
NIL 500,000
----------------------------------------------------- ----------------
d) Aggregated information N/A
----
- Aggregated volume
- Price
e) Date of the transaction 3 January 2017
---- ------------------------------ --------------------------------------
f) Place of the transaction Outside of trading venue
---- ------------------------------ --------------------------------------
1 Details of the person discharging managerial
responsibilities / person closely associated
---- ----------------------------------------------------------------------
a) Name Gerard Walsh
---- ------------------------------ --------------------------------------
2 Reason for the notification
---- ----------------------------------------------------------------------
a) Position/status Director
---- ------------------------------ --------------------------------------
b) Initial notification Initial notification
/Amendment
---- ------------------------------ --------------------------------------
3 Details of the issuer, emission allowance
market participant, auction platform, auctioneer
or auction monitor
---- ----------------------------------------------------------------------
a) Name Westmount Energy Limited
---- ------------------------------ --------------------------------------
b) LEI N/A
---- ------------------------------ --------------------------------------
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 Options over Nil Par Value
the financial Ordinary Shares in the Company
instrument, type
of instrument
----
Identification ISIN: GB00B0S5KR31
code
b) Nature of the Grant of options
transaction
---- ------------------------------ --------------------------------------
c) Price(s) and volume(s)
---- ----------------- ----------------
Price(s) Volume(s)
---- ----------------- ----------------
NIL 500,000
----------------------------------------------------- ----------------
d) Aggregated information N/A
----
- Aggregated volume
- Price
e) Date of the transaction 3 January 2017
---- ------------------------------ --------------------------------------
f) Place of the transaction Outside of trading venue
---- ------------------------------ --------------------------------------
1 Details of the person discharging managerial
responsibilities / person closely associated
---- ----------------------------------------------------------------------
a) Name Thomas O'Gorman
---- ------------------------------ --------------------------------------
2 Reason for the notification
---- ----------------------------------------------------------------------
a) Position/status Director
---- ------------------------------ --------------------------------------
b) Initial notification Initial notification
/Amendment
---- ------------------------------ --------------------------------------
3 Details of the issuer, emission allowance
market participant, auction platform, auctioneer
or auction monitor
---- ----------------------------------------------------------------------
a) Name Westmount Energy Limited
---- ------------------------------ --------------------------------------
b) LEI N/A
---- ------------------------------ --------------------------------------
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 Options over Nil Par Value
the financial Ordinary Shares in the Company
instrument, type
of instrument
----
Identification ISIN: GB00B0S5KR31
code
b) Nature of the Grant of options
transaction
---- ------------------------------ --------------------------------------
c) Price(s) and volume(s)
---- ----------------- ----------------
Price(s) Volume(s)
---- ----------------- ----------------
NIL 500,000
----------------------------------------------------- ----------------
d) Aggregated information N/A
----
- Aggregated volume
- Price
e) Date of the transaction 3 January 2017
---- ------------------------------ --------------------------------------
f) Place of the transaction Outside of trading venue
---- ------------------------------ --------------------------------------
1 Details of the person discharging managerial
responsibilities / person closely associated
---- ----------------------------------------------------------------------
a) Name David King
---- ------------------------------ --------------------------------------
2 Reason for the notification
---- ----------------------------------------------------------------------
a) Position/status Director
---- ------------------------------ --------------------------------------
b) Initial notification Initial notification
/Amendment
---- ------------------------------ --------------------------------------
3 Details of the issuer, emission allowance
market participant, auction platform, auctioneer
or auction monitor
---- ----------------------------------------------------------------------
a) Name Westmount Energy Limited
---- ------------------------------ --------------------------------------
b) LEI N/A
---- ------------------------------ --------------------------------------
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 Options over Nil Par Value
the financial Ordinary Shares in the Company
instrument, type
of instrument
----
Identification ISIN: GB00B0S5KR31
code
b) Nature of the Grant of options
transaction
---- ------------------------------ --------------------------------------
c) Price(s) and volume(s)
---- ----------------- ----------------
Price(s) Volume(s)
---- ----------------- ----------------
NIL 250,000
----------------------------------------------------- ----------------
d) Aggregated information N/A
----
- Aggregated volume
- Price
e) Date of the transaction 3 January 2017
---- ------------------------------ --------------------------------------
f) Place of the transaction Outside of trading venue
---- ------------------------------ --------------------------------------
This information is provided by RNS
The company news service from the London Stock Exchange
END
DSHLXLFBDFFZBBV
(END) Dow Jones Newswires
January 03, 2017 07:51 ET (12:51 GMT)
Westmount Energy (LSE:WTE)
Historical Stock Chart
From Apr 2024 to May 2024
Westmount Energy (LSE:WTE)
Historical Stock Chart
From May 2023 to May 2024