REG - Blencowe Resources - Exercise of Share Options

Blencowe ResourcesAnnouncement

02/12/2025 07:00

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RNS Number : 7702J  Blencowe Resources PLC  02 December 2025

2 December 2025

Blencowe Resources Plc

("Blencowe" or the "Company")

 

Exercise of Share Options

Blencowe Resources Plc (LSE: BRES) announces that Executive Chairman Cameron
Pearce and Chief Executive Officer Mike Ralston have exercised share options
in the Company.

The share options were issued on 16 December 2020, with a 6p exercise price
and a term of five years to maturity. Cameron Pearce and Mike Ralston were
granted 1,666,667 and 2,333,333 options respectively and are exercising their
full allocation at 6p resulting in proceeds of approximately £240,000 for the
Company.

Holdings on Admission

 Director        Share Options Granted  Exercise Cost at 6p  Current Holdings  Holdings on Admission*  % Holdings on Admission*
 Cameron Pearce  1,666,667              £100,000             10,516,667        12,183,334              3.0

 Mike Ralston    2,333,333              £139,999.96          8,225,000         10,558,333              2.6

*Enlarged share capital on admission will be 409,330,172 ordinary shares

 

Admission and Total Voting Rights

An application has been made for 4,000,000 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 8 December 2025
("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 409,330,172 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    www.blencoweresourcesplc.com

 Sam Quinn                   Tel: +44 (0)1624 681 250

                             info@blencoweresourcesplc.com (mailto:info@blencoweresourcesplc.com)

 Investor Relations          Tel: +44 (0) 7891 677 441

 Sasha Sethi                 sasha.sethi@blencoweresourcesplc.com
                             (mailto:sasha.sethi@blencoweresourcesplc.com)
 Tavira Financial            Tel: +44 (0)20 3192 1733

 Jonathan Evans              jonathan.evans@tavira.group (mailto:jonathan.evans@tavira.group)

Twitter https://twitter.com/BlencoweRes (https://twitter.com/BlencoweRes)

LinkedIn https://www.linkedin.com/company/72382491/admin/
(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)

 

 

 

 1   Details of the person discharging managerial responsibilities / person closely
     associated
 A)  Name                                                         1. Cameron Pearce

                                                                  2. Mike Ralston

 2   Reason for the notification
 a)  Position/status                                              1. Director

                                                                  2. Manager

 b)  Initial notification /Amendment                              Initial Notification
 3   Details of the issuer, emission allowance market participant, auction
     platform, auctioneer or auction monitor
 a)  Name                                                         Blencowe Resources PLC

 b)  LEI                                                          213800UX1HBIRK36GG11
 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

     Identification code

                                                                  GB00BFCMVS34

 b)  Nature of the transaction                                    Performance Shares
 c)  Price(s) and volume(s)                                       Price £         Volume
                                                                  1.    0.06      1.    1,666,667

                                                                  2.    0.06      2.    2,333,333

 d)  Aggregated Information

     - Aggregated volume                                          4,000,000

     - Price                                                      £0.06
 e)  Date of the Transaction                                      2 December 2025

 f)  Place of Transaction                                         London Stock Exchange

a)

Name

Blencowe Resources PLC

 

b)

LEI

213800UX1HBIRK36GG11

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

 

Identification code

Ordinary shares

 

 

 

GB00BFCMVS34

 

b)

Nature of the transaction

Performance Shares

c)

Price(s) and volume(s)

 Price £         Volume
 1.    0.06      1.    1,666,667

 2.    0.06      2.    2,333,333

d)

Aggregated Information

 

- Aggregated volume

 

 

- Price

 

 

4,000,000

 

 

£0.06

e)

Date of the Transaction

2 December 2025

 

f)

Place of Transaction

London Stock Exchange

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