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Blencowe Resources - EXERCISE OF SHARE OPTIONS

RNS Number : 6330W

Blencowe Resources PLC

13 March 2026

 

 

Blencowe Resources Plc

("Blencowe" or the "Company")

Exercise of Share Options

Blencowe Resources Plc (LSE: BRES) announces that Executive Chairman Cameron Pearce exercised share options in the Company.

The share options were issued on 16 December 2021, with a 6p exercise price and a term of five years to maturity. Cameron Pearce was issued 1,500,000 options respectively and is exercising 500,000 at 6p, resulting in proceeds of approximately £30,000 for the Company.

 

DirectorShare Options GrantedExercise Cost at 6pCurrent HoldingsHoldings on Admission*% Holdings on Admission
Cameron Pearce500,000£30,00016,016,66716,516,6673.40
  Admission and Total Voting Rights An application has been made for 500,000 new ordinary shares to be admitted to trading on the Equity Shares (Transition) category of the official list and the main market of the London Stock Exchange from 8.00 a.m. on 19 March 2026 ("Admission"). In accordance with the FCA's Disclosure Guidance and Transparency Rules, the Company confirms that following Admission, the Company's enlarged issued ordinary share capital will comprise 485,257,367 ordinary shares. The Company does not hold any ordinary shares in Treasury. Therefore, following Admission, the above figure may be used by shareholders in the Company as the denominator for the calculations to determine if they are required to notify their interest in, or a change to their interest in the Company, under the FCA's Disclosure Guidance and Transparency Rules.   For further information please contact:
Blencowe Resources Plc
Sam Quinn
www.blencoweresourcesplc.com
Tel: +44 (0)1624 681 250
info@blencoweresourcesplc.com
Investor Relations
Sasha Sethi
Tel: +44 (0) 7891 677 441
sasha@flowcomms.com
Tavira Financial
Jonathan Evans
Tel: +44 (0)20 3192 1733
jonathan.evans@tavira.group
Twitter https://twitter.com/BlencoweRes LinkedIn https://www.linkedin.com/company/72382491/admin/   Appendix Notification of Transactions by Persons Discharging Managerial Responsibilities and Persons Closely Associated with them (This form is required for disclosure of transactions under Article 19 of Regulation (EU) No 596/2014 of the European Parliament and of the Council of 16 April 2014 on market abuse (Market Abuse Regulation)
1Details of the person discharging managerial responsibilities / person closely associated
a)Name
1. Cameron Pearce
2Reason for the notification
a)Position/status
1. Director
b)Initial notification /Amendment
Initial Notification
3Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)Name
Blencowe Resources PLC
b)LEI
213800UXIHBIRK36GG11
4Details 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
Identification code
Ordinary shares
GB00BFCMVS34
b)Nature of the transactionExercise of Share options
c)Price(s) and volume(s)
PriceVolume
1. 0.061. 500,000
d)Aggregated information
-Aggregated volume
-Price
N/A
£0.06
e)Date of Transaction19 March 2026
f)Place of transactionLondon Stock Exchange
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