REG - Capital Limited - Issue of Equity and Director / PDMR Shareholding
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RNS Number : 3881A Capital Limited 14 April 2026
Capital Limited
("Capital", the "Group" or the "Company")
Issue of Equity, Director / PDMR shareholding and Total Voting Rights
Capital (LSE: CAPD), a leading mining services company, today announces that
it has issued a total of 397,809 new common shares ("Shares") to employees,
pursuant to the Company's Long Term Incentive Plan ("LTIP"). The new Shares
issued will rank pari passu with the Company's existing Shares.
Following the vesting of the LTIPs which were awarded in early 2023, in
accordance with the LTIP's terms, the Company received notices of exercise
from all the option holders. Performance conditions attaching to the awards
pursuant to the LTIP for the three years ended 31 December 2025, as set out in
the Company's annual report, have been met in part. LTIP awards were subject
to two three-year performance targets each covering 50% of the award: a TSR
compound growth condition and an adjusted EPS compound growth performance
condition. TSR was achieved at 8.9% compound growth however the EPS was
missed, and as a result, the awards vested at 17.1% of grant.
Pursuant to the terms of the Company's 2023 LTIP, of the 397,809 Shares
issued, Directors of the Company received 93,453 Shares and other PDMRs of the
Company have received a total of 25,613 Shares:
1. 61,962 Shares awarded to Jamie Phillip Boyton, Executive Chair of
the Company, at an exercise price of $0.0001 per Share under the Group's LTIP;
and
2. 31,491 Shares awarded to Brian Rudd, Executive Director of the
Company, at an exercise price of $0.0001 per Share under the Group's LTIP.
Application has been made to the London Stock Exchange and admission of the
new 397,809 Shares is expected on or around 16 March 2026, following which;
the Company's issued share capital will comprise 225,701,590 Shares of $0.0001
each. 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 change to their interest in, the Company under the FCA's
Disclosure and Transparency Rules.
- ENDS -
For further information, please visit Capital's website www.capdrill.com or
contact:
Capital Limited
investor@capdrill.com
Jamie Boyton, Executive Chair
Rick Robson, Chief Financial Officer
Conor Rowley, GM Commercial & Corporate Development
Ryan Tennis, Corporate Development & Investor Relations
Tamesis Partners
LLP
+44 20 3882
2868
Charlie Bendon
Richard Greenfield
Stifel Nicolaus Europe Limited
+44 20 7710
7600
Ashton Clanfield
Varun Talwar
Panmure Liberum Limited
+44 20 3100 2000
Scott Mathieson
John More
FTI
Consulting
+44 20 3727 1000
Ben
Brewerton
capitallimited@fticonsulting.com
Nick Hennis
About Capital Limited
Capital Limited is a leading mining services company that provides a complete
range of drilling, mining, maintenance and geochemical laboratory solutions to
customers within the global minerals industry. The Company's services include
exploration, delineation and production drilling; load and haul services;
maintenance; and geochemical analysis. The Group's corporate headquarters are
in the United Kingdom and it has established operations in Canada, Côte
d'Ivoire, Democratic Republic of Congo, Egypt, Gabon, Guinea, Kenya, Mali,
Mauritania, Namibia, Pakistan, Saudi Arabia, Tanzania, United States of
America and Zambia.
Notification of transactions by PDMRs
1. Details of the person discharging managerial responsibilities / person closely
associated
a. Name Jamie Boyton
2. Reason for the notification
a. Position/status Executive Chair
b. Initial notification/Amendment Initial notification
3. Details of the issuer, emission allowance market participant, auction
platform, auctioneer or auction monitor
a. Name Capital Limited
b. LEI 213800XG175G91JW8W37
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 Common shares of $0.0001 each
code
BMG022411000
b. Nature of the transaction Award of common shares
c. Price(s) and volume(s) Price(s) Volume(s)
$0.0001 61,962
d. Aggregated information n/a
· Aggregated volume
· Price
e. Date of the transaction 13/04/2026
f. Place of the transaction Outside of trading venue
d.
Aggregated information
· Aggregated volume
· Price
n/a
e.
Date of the transaction
13/04/2026
f.
Place of the transaction
Outside of trading venue
1. Details of the person discharging managerial responsibilities / person closely
associated
a. Name Brian Rudd
2. Reason for the notification
a. Position/status 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 Capital Limited
b. LEI 213800XG175G91JW8W37
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 Common shares of $0.0001 each
code
BMG022411000
b. Nature of the transaction Award of common shares
c. Price(s) and volume(s) Price(s) Volume(s)
$0.0001 31,491
d. Aggregated information n/a
· Aggregated volume
· Price
e. Date of the transaction 13/04/2026
f. Place of the transaction Outside of trading venue
d.
Aggregated information
· Aggregated volume
· Price
n/a
e.
Date of the transaction
13/04/2026
f.
Place of the transaction
Outside of trading venue
1. Details of the person discharging managerial responsibilities / person closely
associated
a. Name Rick Robson
2. Reason for the notification
a. Position/status Chief Financial Officer
b. Initial notification/Amendment Initial notification
3. Details of the issuer, emission allowance market participant, auction
platform, auctioneer or auction monitor
a. Name Capital Limited
b. LEI 213800XG175G91JW8W37
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 Common shares of $0.0001 each
Identification code
BMG022411000
b. Nature of the transaction Award of common shares
c. Price(s) and volume(s) Price(s) Volume(s)
$0.0001 25,613
d. Aggregated information See above
· Aggregated volume
· Price
e. Date of the transaction 13/04/2026
f. Place of the transaction Outside of trading venue
d.
Aggregated information
· Aggregated volume
· Price
See above
e.
Date of the transaction
13/04/2026
f.
Place of the transaction
Outside of trading venue
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