REG - Arkle Resources PLC - Grant of Options

Arkle ResourcesAnnouncement

09/03/2021 17:05

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.    James 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 /Amendment
 
 


 


Initial notification


 




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 the financial instrument, type of instrument


 


Ordinary shares of EUR0.0025


 




 


 


 


 




Identification code


 


E00B2357X72


 




 


 


 


 




b)
 


Nature of the transaction
 
 


 


Grant of options over ordinary shares 


 




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


 


 Single transactions as in 4 c) above


 




 


 


 


 




- Aggregated volume


 


3,000,000


 




 


 


 


 




- Price


 


 1.8 pence


 




 


 


 


 




e)
 


Date of the transaction
 
 


 


2021-03-09


 




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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