REG - Blencowe Resources - EXERCISE OF SHARE OPTIONS

Blencowe ResourcesAnnouncement

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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.

 

 Director        Share Options Granted  Exercise Cost at 6p  Current Holdings  Holdings on Admission*  % Holdings on Admission
 Cameron Pearce  500,000                £30,000              16,016,667        16,516,667              3.40

 

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    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@flowcomms.com (mailto:sasha@flowcomms.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   Reason for the notification
 a)  Position/status                                               1. Director

 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

213800UXIHBIRK36GG11
 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                                     Exercise of Share options
 c)  Price(s) and volume(s)                                        Price    Volume
                                                                   1. 0.06  1. 500,000

 d)  Aggregated information

N/A

     - Aggregated volume

     - Price

                                                                   £0.06
 e)  Date of Transaction                                           19 March 2026

 f)  Place of transaction                                          London Stock Exchange

 

 

2

Reason for the notification

a)

Position/status

 1. Director

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

 

 213800UXIHBIRK36GG11

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

Exercise of Share options

c)

Price(s) and volume(s)

 Price    Volume
 1. 0.06  1. 500,000

d)

Aggregated information

 

- Aggregated volume

 

- Price

 

 N/A

 £0.06

e)

Date of Transaction

 

19 March 2026

f)

Place of transaction

London Stock Exchange

 

 

 

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