REG - Arkle Resources PLC - Warrant Exercise, Director Shareholdings & Options
02/04/2026 07:00
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RNS Number : 1528Z Arkle Resources PLC 02 April 2026
2 April 2026
Arkle Resources PLC
("Arkle" or the "Company")
Exercise of Warrants,
Director/PDMR Shareholdings
&
Grant of Share Options
Arkle Resources PLC (LSE:ARK), the energy metals explorer with a key focus on
uranium, announces that 16,000,000 warrants over ordinary shares of EUR0.0025
each ("Ordinary Shares") with an exercise price of 0.35 pence per share have
been exercised by Directors of the Company ("Director Shares") as set out
below.
Director Warrant Exercises
Director Position No. Warrants Exercised Resultant Shareholding Resultant % Ownership(*)
John Teeling Executive Chairman 10,000,000 73,718,035 4.85
David Cockbill Non-Executive Director 6,000,000 35,893,741 2.36
(*)Of enlarged issued share capital, post Admission of the Director Shares and Other Shares
A further 6,800,000 warrants over Ordinary Shares with an exercise price of
0.35 pence per share have been exercised by other warrant holders ("Other
Shares").
Application has been made for the Director Shares and the Other Shares, which
will rank pari passu with the existing Ordinary Shares, to be admitted to
trading on AIM and it is expected that this will take place at 8.00 a.m. on or
around 9 April 2026 ("Admission"). The Company has received the proceeds of
the warrant exercises of GBP79,800.
Total Voting Rights
Following Admission, Arkle will have 1,521,110,997 Ordinary Shares in issue
which will also represent the total number of voting rights in the Company.
The above figure should be used by shareholders as the denominator for the
calculations by which they will determine if they are required to notify their
interest in, or a change to their interest in, the Company under the FCA's
Disclosure and Transparency Rules.
Grant of Share Options
Arkle also announces the grant of share options over 130,000,000 Ordinary
Shares to certain key employees, advisers, consultants and directors, with an
exercise price of 0.95 pence, approximately a 65% premium to the Company's
closing share price on 1 April 2026, (the "Options"), to incentivise long-term
growth reflected in the Company's valuation. The Options vest immediately and
are valid for a period of five years. The vesting criteria requires the
recipient to remain engaged by the Company at the time of exercise. These new
Options replace all options previously held by directors and management which
have been cancelled.
Schedule of Director/PDMR & Adviser/Consultant Options
Director Position No. Options Granted
John Teeling Executive Chairman 10,000,000
Rory Harding Director, Interim CEO 45,000,000
James Finn Financial Director & Co. Secretary 10,000,000
David Cockbill Non-Executive Director 15,000,000
Robin Birchall Non-Executive Director 10,000,000
Mark Burnett Strategic Adviser & Board Observer 20,000,000
Chris Healey Chief Geologist 5,000,000
Aron Haludilu Country Manager, Namibia 10,000,000
TOTAL 125,000,000
The remaining 5,000,000 Options are being awarded to a consultant on the same
terms as described above.
Contacts:
Arkle Resources
Rory Harding, Interim CEO +44 (0)20 3051 5348
John Teeling, Chairman +353 (0) 1 833 2833
SP Angel Corporate Finance Nominated Adviser & Joint Broker
Matthew Johnson
+44 (0)20 3470 0470
Charlie Bouverat
Adam Cowl
First Equity Limited Joint Broker
Jason Robertson +44 (0)20 7374 2212
Vigo Consulting UK Media & IR
Ben Simons +44 (0)20 7390 0234
Seb Weller arkle.ir@vigoconsulting.com (mailto:arkle.ir@vigoconsulting.com)
Teneo Ireland Media
Luke Hogg +353 (0) 1 661 4055
Molly Mooney
About Arkle Resources
Arkle Resources PLC (LSE:ARK) is a multi-commodity exploration company focused
on metals which are essential for the generation and storage of clean energy -
uranium, lithium and zinc. Its projects are in premier mining jurisdictions in
Namibia, Botswana and Ireland, adjacent to world-class deposits.
Founded in 2004 by John Teeling and Jim Finn, the Company co-discovered the
Stonepark zinc deposit in County Limerick - now Ireland's second largest
undeveloped resource - in joint venture with Teck Ireland. Teck's interest was
acquired by Group Eleven Resources (TSX-V: ZNG), who continue to advance the
project alongside Arkle.
In January 2026, the Company announced a transformative deal to acquire
Namibia Uranium, which has introduced four highly prospective uranium licences
contiguous to major producing and development assets in what is a world-class
uranium jurisdiction.
This acquisition, alongside the Company's existing licence portfolio and the
introduction of new management, repositions Arkle to become a leading explorer
in energy metals.
For more information visit: www.arkleresources.com
(http://www.arkleresources.com)
Follow us on social media:
www.x.com/ArkleResources (http://www.x.com/ArkleResources)
www.linkedin.com/company/arkle-resources-plc
(http://www.linkedin.com/company/arkle-resources-plc)
The person who arranged for the release of this announcement on behalf of the
Company was Jim Finn, Director.
A copy of this announcement is available on the Company's website at:
www.arkleresources.com (http://www.arkleresources.com) .
Market Abuse Regulation (MAR) Disclosure
This announcement contains inside information for the purposes of Article 7 of
the Market Abuse Regulation (EU) 596/2014 as it forms part of UK domestic law
by virtue of the European Union (Withdrawal) Act 2018 ("MAR"), and is
disclosed in accordance with the Company's obligations under Article 17 of
MAR.
APPENDIX
The information set out below is provided in accordance with the requirements
of Article 19(3) of UK MAR.
1. Details of the person discharging managerial responsibilities / person closely
associated
a) Name 1. John Teeling
2. David Cockbill
2. Reason for the Notification
a) Position/status 1. Executive Chairman
2. Non-Executive Director
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 each
Identification Code IE00B2357X72
b) Nature of the transaction Exercise of Warrants
c) Price(s) and volume(s) 1. 10,000,000 at 0.35 pence
2. 6,000,000 at 0.35 pence
d) Aggregated information: 1. 10,000,000 at 0.35 pence
· Aggregated volume 2. 6,000,000 at 0.35 pence
· Price
e) Date of the transaction 1 April 2026
f) Place of the Transaction London Stock Exchange
1. Details of the person discharging managerial responsibilities / person closely
associated
a) Name 3. John Teeling
4. Rory Harding
5. James Finn
6. David Cockbill
7. Robin Birchall
8. Mark Burnett
9. Chris Healey
10. Aron Haludilu
2. Reason for the Notification
a) Position/status 3. Executive Chairman
4. Director, Interim CEO
5. Director, Financial Director & Co. Secretary
6. Non-Executive Director
7. Non-Executive Director
8. Strategic Adviser & Board Observer
9. Chief Geologist
10. Country Manager, Namibia
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 each
Identification Code IE00B2357X72
b) Nature of the transaction Grant of Options
c) Price(s) and volume(s) Exercise price - 0.95 pence
1. 10,000,000
2. 45,000,000
3. 10,000,000
4. 15,000,000
5. 10,000,000
6. 20,000,000
7. 5,000,000
8. 10,000,000
d) Aggregated information: 1. 10,000,000
· Aggregated volume 2. 45,000,000
· Price 3. 10,000,000
4. 15,000,000
5. 10,000,000
6. 20,000,000
7. 5,000,000
8. 10,000,000
Exercise price - 0.95 pence
e) Date of the transaction 1 April 2026
f) Place of the Transaction Off market
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