REG - Alien Metals Limited - Issue of Director & PDMR Options

Alien MetalsAnnouncement

27/09/2022 09:00

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RNS Number : 6893A  Alien Metals Limited  27 September 2022

27 September 2022

 

Alien Metals Limited

("Alien Metals" or "the Company")

 

Issue of Director & PDMR Options

 

Alien Metals Ltd (LSE AIM:UFO), a global minerals exploration and development
company, is pleased to announce that, further to the announcements dated 7
September 2022 in respect of the proposal to grant Options over Common Shares
to directors and senior management, Options totalling 345,000,000 (being 6.82%
of the current issued share capital) have been granted under the terms of the
Company's EMI Share Option Plan, which also makes provision for the award of
non-EMI share Options, as follows:

Rod McIllree (Executive Chairman)

 Number of Options  Exercise (Pence)  Exercisable from      Exercisable to
 55,000,000         0.8               6 months from issue   4 years from issue
 55,000,000         1.0               12 months from issue  4 years from issue
 60,000,000         1.2               12 months from issue  4 years from issue
 60,000,000         1.4               12 months from issue  4 years from issue

Bill Brodie Good (Chief Executive Officer)

 Number of Options  Exercise (Pence)  Exercisable from      Exercisable to
 12,500,000         0.8               6 months from issue   4 years from issue
 12,500,000         1.0               12 months from issue  4 years from issue
 15,000,000         1.2               12 months from issue  4 years from issue
 15,000,000         1.4               12 months from issue  4 years from issue

 Daniel Smith (Non-Executive Director)

 Number of Options  Exercise (Pence)  Exercisable from      Exercisable to
 10,000,000         0.8               6 months from issue   4 years from issue
 10,000,000         1.0               12 months from issue  4 years from issue
 12,500,000         1.2               12 months from issue  4 years from issue
 12,500,000         1.4               12 months from issue  4 years from issue

Jo Battershill (Non-Executive Director)

 Number of Options  Exercise (Pence)  Exercisable from      Exercisable to
 7,500,000          1.0               6 months from issue   4 years from issue
 7,500,000          1.2               12 months from issue  4 years from issue

Following this award of Options, the directors have the following interests in
options of the Company:

 Director        No. of Options  Exercise (Pence)  Exercisable from        Exercisable to
 Dan Smith       3,085,627       0.25              29 June 2019            28 March 2024

                 3,085,627       0.25              29 September 2019       28 March 2024

                 6,171,255       0.25              29 March 2020           28 March 2024

                 10,000,000      0.8               26 March 2023           26 September2026

                 10,000,000      1.0               26 September 2023       26 September 2026

                 12,500,000      1.2               26 September 2023       26 September 2026

                 12,500,000      1.4               26 September 2023       26 September 2026
 Rod McIllree    55,000,000      0.8               26 March 2023           26 September 2026

                 55,000,000      1.0               26 September 2023       26 September 2026

                 60,000,000      1.2               26 September 2023       26 September 2026

                 60,000,000      1.4               26   September 2023     26 September 2026
 Jo Battershill  10,000,000      1.11              22 April 2022           22 October 2024

                 10,000,000      1.115             22 April 2022           22 October 2024

                 15,000,000      1.45              22 April 2022           22 October 2024

                 7,500,000       1.0               26 March 2023           26 September 2026

                 7,500,000       1.2               26 September 2023       26 September 2026
 Mark Culbert    1,875,000       0.45              1 March 2021            30 August 2023

                 1,875,000       0.50              1 September 2021        30 August 2023

                 3,750,000       0.55              1 September 2021        30 August 2023

The Company also intends to shortly issue up to an additional maximum of 20
million (4 year) options with an exercise price of 1 pence per share and a
maximum of 20 million (4 year) options with an exercise price of 1.2 pence per
share to Alien staff members and consultants. A further announcement will be
made once this is complete.

The aggregate number of outstanding share options awarded in September 2022 is
expected to be 365,000,000, representing 7.21% of the current issued share
capital.

All outstanding rights to option conversion and performance share issues will
terminate immediately should the recipients leave the employment of the
company.

 

For further information please visit the Company's website at
www.alienmetals.uk, or contact:

Rod McIllree, Executive Chairman

Email: rcm@alienmetals.uk

Bill Brodie Good, CEO

Tel: +44 20 3811 2144

 

Beaumont Cornish Limited (Nomad)

James Biddle / Roland Cornish

www.beaumontcornish.com

Tel: +44 (0) 207 628 3396

 

Turner Pope Investments (TPI) Limited (Joint Broker)

Andrew Thacker / James Pope

Tel: +44 (0) 20 3657 0050

 

WH Ireland Ltd (Joint Broker)

Harry Ansell / Katy Mitchell

Tel +44 (0) 207 220 1666

 

Yellow Jersey PR (Financial PR)

Sarah Hollins / Laurie Gellhorn / James Lingfield

alienmetals@yellowjerseypr.com

Tel: +44 (0) 20 3004 9512

 

 

 

 

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