REG - Block Energy PLC - Bonus Shares, Options, PDMR Dealings and Holding
23/02/2026 07:00
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RNS Number : 9913T Block Energy PLC 23 February 2026
23 February 2026
Block Energy plc
("Block" or the "Company")
Issue of Bonus Shares and Options and PDMR Dealings
Block operates a performance related scheme ("Scheme") for senior executives
within the Company. Awards under the Scheme are determined by the Remuneration
Committee ("RemCom") and typically made in February for the previous year.
Awards can be made in cash, shares or by the issue of nil-cost options at the
discretion of the RemCom.
Following a review of performance against established Key Performance
Indicators for the financial year ended 31 December 2025 ("FY2025"), the
RemCom has determined that bonus awards are to be granted to a Director, one
PDMR and members of staff.
Following consultations with the Director, the PDMR and relevant employees,
the RemCom has elected to settle the bonuses by way of issue of 30,428,200
ordinary shares of 0.25p each ("Ordinary Shares") and 9,231,083 nil-cost
options over Ordinary Shares ("Options"). As in the last two years, the
number of Ordinary Shares and Options has been determined by dividing the
respective bonus by the Volume Weighted Average Price ("VWAP") of the
Company's Ordinary Shares for January 2026 which equals 0.93p per Ordinary
Share, (prior year January 2025 VWAP used for the Bonus calculation was
0.7385p).
Issue of Shares and Options
The issue of Shares and Options to the Director and the PDMR are set out in
the table below:
Name Position Number of Shares Issued Number of Options Granted Resulting Total Options Held Over Ordinary Shares Total Ordinary Shares Following Award Resulting % of Issued Share Capital
Paul Haywood CEO 25,922,903 - - 160,062,808 15.30%
Guram Maisuradze COO - 5,257,666 5,257,666 7,009,636* 0.67%
*only Options were granted which has not affected the Total Ordinary Shares
number
Application will be made for the admission to trading on AIM ("Admission") of
the 30,428,200 Ordinary Shares. The Ordinary Shares will rank pari passu in
all respects with the existing ordinary shares of the Company.
Admission is expected at 8.00 a.m. on or around 27 February 2026.
Total Voting Rights
Following Admission, the Company's issued share capital will comprise
1,046,172,039 ordinary shares with one voting right each. As the Company does
not hold any shares in Treasury, the total number of voting rights in the
Company is 1,046,172,039.
This figure may 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 share capital of the
Company under the FCA's Disclosure Guidance and Transparency Rules.
ENDS
THIS ANNOUNCEMENT CONTAINS INSIDE INFORMATION AS STIPULATED UNDER THE UK
VERSION OF THE MARKET ABUSE REGULATION NO 596/2014 WHICH IS PART OF ENGLISH
LAW BY VIRTUE OF THE EUROPEAN (WITHDRAWAL) ACT 2018, AS AMENDED. ON
PUBLICATION OF THIS ANNOUNCEMENT VIA A REGULATORY INFORMATION SERVICE, THIS
INFORMATION IS CONSIDERED TO BE IN THE PUBLIC DOMAIN.
1 Details of the person discharging managerial responsibilities / person closely
associated
a) Name Paul Haywood
2 Reason for the notification
a) Position/status CEO
b) Initial notification /Amendment Initial Notification
3 Details of the issuer, emission allowance market participant, auction
platform, auctioneer or auction monitor
a) Name Block Energy plc
b) LEI 213800E2J8QA1J6KN415
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 £0.0025 each
Identification code GB00BF3TBT48
b) Nature of the transaction 1) Issue of Shares
c) Price(s) and volume(s)
Price(s) Volume(s)
£0.0093 25,922,903
d) Aggregated information Price(s) Volume(s)
£.0093 25,922,903
- Aggregated volume
- Price
e) Date of the transaction 20 February 2026
f) Place of the transaction London, AIM
e)
Date of the transaction
20 February 2026
f)
Place of the transaction
London, AIM
Notification and public disclosure of transactions by persons discharging
managerial responsibilities ("PDMRs")
1 Details of the person discharging managerial responsibilities / person closely
associated
a) Name Guram Maisuradze
2 Reason for the notification
a) Position/status COO
b) Initial notification /Amendment Initial Notification
3 Details of the issuer, emission allowance market participant, auction
platform, auctioneer or auction monitor
a) Name Block Energy plc
b) LEI 213800E2J8QA1J6KN415
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 £0.0025 each
Identification code GB00BF3TBT48
b) Nature of the transaction 1) Grant of Share Options
c) Price(s) and volume(s)
Price(s) Volume(s)
Nil cost 5,257,666
d) Aggregated information Price(s) Volume(s)
Nil cost 5,257,666
- Aggregated volume
- Price
e) Date of the transaction 20 February 2026
f) Place of the transaction London, AIM
e)
Date of the transaction
20 February 2026
f)
Place of the transaction
London, AIM
TR-1: Standard form for notification of major holdings
NOTIFICATION OF MAJOR HOLDINGS (to be sent to the relevant issuer and to the
FCA in Microsoft Word format if possible) (i)
1a. Identity of the issuer or the underlying issuer of existing shares to Block Energy Plc
which voting rights are attached (ii):
1b. Please indicate if the issuer is a non-UK issuer (please mark with an
"X" if appropriate)
Non-UK issuer
2. Reason for the notification (please mark the appropriate box or boxes with
an "X")
An acquisition or disposal of voting rights X
An acquisition or disposal of financial instruments
An event changing the breakdown of voting rights
Other (please specify) (iii):
3. Details of person subject to the notification obligation (iv)
Name Paul Haywood
City and country of registered office (if applicable) Dubai, UAE
4. Full name of shareholder(s) (if different from 3.) (v)
Name
City and country of registered office (if applicable)
5. Date on which the threshold was crossed or reached (vi): 20 February 2025
6. Date on which issuer notified (DD/MM/YYYY): 22 February 2025
7. Total positions of person(s) subject to the notification obligation
% of voting rights attached to shares (total of 8. A) % of voting rights through financial instruments Total of both in % (8.A + 8.B) Total number of voting rights held in issuer (8.A + 8.B) (vii)
(total of 8.B 1 + 8.B 2)
Resulting situation on the date on which threshold was crossed or reached 15.3% 15.3% 160,062,808
Position of previous notification (if 13.3% 13.3%
applicable)
8. Notified details of the resulting situation on the date on which the
threshold was crossed or reached (viii)
A: Voting rights attached to shares
Class/type of Number of voting rights (ix) % of voting rights
shares
ISIN code (if possible)
Direct Indirect Direct I
n
(DTR5.1) (DTR5.2.1) (DTR5.1) d
i
r
e
c
t
(
D
T
R
5
.
2
.
1
)
GB00BF3TBT48 160,062,808 15.3%
SUBTOTAL 8. A 160,062,808 15.3%
B 1: Financial Instruments according to DTR5.3.1R (1) (a)
Type of financial instrument Expiration Exercise/ Number of voting rights that may be acquired if the instrument is % of voting rights
date (x)
Conversion Period (xi)
exercised/converted.
SUBTOTAL 8. B 1
B 2: Financial Instruments with similar economic effect according to DTR5.3.1R
(1) (b)
Type of financial instrument Expiration Exercise/ Physical or cash Number of voting rights % of voting rights
date (x)
Conversion Period (xi)
Settlement (xii)
SUBTOTAL 8.B.2
9. Information in relation to the person subject to the notification
obligation (please mark the
applicable box with an "X")
Person subject to the notification obligation is not controlled by any natural X
person or legal entity and does not control any other undertaking(s) holding
directly or indirectly an interest in the (underlying) issuer (xiii)
Full chain of controlled undertakings through which the voting rights and/or
the
financial instruments are effectively held starting with the ultimate
controlling natural person or legal entity (please add additional rows as
necessary) (xiv)
Name (xv) % of voting rights if it equals or is higher than the notifiable threshold % of voting rights through financial instruments if it equals or is higher Total of both if it equals or is higher than the notifiable threshold
than the notifiable threshold
10. In case of proxy voting, please identify:
Name of the proxy holder
The number and % of voting rights held
The date until which the voting rights will be held
11. Additional information (xvi)
Place of completion Outside a trading venue
Date of completion 22 February 2025
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. END MSCFFFVIFFIFFIR
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