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REG - Clontarf Energy PLC - Grant of Share Options

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RNS Number : 9184H  Clontarf Energy PLC  01 August 2023

 

1 August 2023

 

Clontarf Energy plc

("Clontarf" or "the Company")

 

Grant of Share Options

 

Clontarf Energy plc (AIM: CLON) is pleased to announce that the following
long-term, incentive share options have been granted over, in aggregate,
300,000,000 ordinary shares of 0.01p each in the Company ("Ordinary Shares")
(the "Options").

 

The Options vest immediately, have an exercise price of 0.10p and an expiry
date of 30(th) July 2030. The exercise price represents a premium of c. 11.11%
to the closing price on 31(st) July 2023, being the last trading day before
the award of the Options.

 

The Options have been awarded as follows:

 

 

 Director/PDMR
 
 Number of Options granted

 
 
 

David Horgan, Chairman
 
 115,000,000

 
 
                    ------------------------

Peter O'Toole, Non-Executive Director
                               75,000,000

 
 
                    ------------------------

James Finn, Financial Director and Company Secretary
            75,000,000

 
 
                      ------------------------

Dipti Mehta, Financial Controller
                                     35,000,000

 
 
                       -------------------------

 

Following the grant of Options, a total of 500,500,000 long-term, incentive
options are outstanding, representing approximately 9.63% of the Company's
issued share capital.

 

ENDS

 

 

 

 

 

 

 

 

 

 

For further information please visit http://clontarfenergy.com
(http://clontarfenergy.com) or contact:

 

 Clontarf Energy                    +353 (0) 1 833 2833

 David Horgan, Chairman

 Jim Finn, Director

 Nominated & Financial Adviser      +44 (0) 20 7409 3494

 Strand Hanson Limited

 Rory Murphy

 Ritchie Balmer
 Broker                                 +44 (0) 207 399 9400

 Novum Securities Limited

 Colin Rowbury

 Public Relations                   +44 (0) 207 138 3206

 BlytheRay

 Megan Ray
 Teneo                              +353 (0) 1 661 4055

 Luke Hogg

 Alan Tyrrell

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 1.  Details of the person discharging managerial responsibilities / person closely
     associated
 a)  Name                                                         David Horgan
 2.  Reason for the Notification
 a)  Position/status                                              Chairman
 b)  Initial notification/amendment                               Initial notification
 3.  Details of the issuer, emission allowance market participant, auction
     platform, auctioneer or auction monitor
 a)  Name                                                         Clontarf Energy plc
 b)  LEI                                                          213800NKZVQUY8I72R68
 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  Share Options over Ordinary Shares
     Identification code                                          GB00B09WLX62
 b)  Nature of the Transaction                                    Grant of Options
 c)  Price(s) and volume(s)                                       Price(s)  Volume(s)
                                                                  £0.0010   115,000,000
 d)  Aggregated information                                       N/A (Single Transaction)

     Aggregated volume Price
 e)  Date of the transaction                                      31 July 2023
 f)  Place of the transaction                                     Outside of a trading venue

d)

Aggregated information

Aggregated volume Price

N/A (Single Transaction)

e)

Date of the transaction

31 July 2023

f)

Place of the transaction

Outside of a trading venue

 

 

 

 1.  Details of the person discharging managerial responsibilities / person closely
     associated
 a)  Name                                                         Peter O'Toole
 2.  Reason for the Notification
 a)  Position/status                                              Non-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                                                         Clontarf Energy plc
 b)  LEI                                                          213800NKZVQUY8I72R68
 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  Share options over Ordinary Shares
     Identification code                                          GB00B09WLX62
 b)  Nature of the Transaction                                    Grant of Options
 c)  Price(s) and volume(s)                                       Price(s)  Volume(s)
                                                                  £0.0010   75,000,000
 d)  Aggregated information                                       N/A (Single Transaction)

     Aggregated volume Price
 e)  Date of the transaction                                      31 July 2023
 f)  Place of the transaction                                     Outside of a trading venue

d)

Aggregated information

Aggregated volume Price

N/A (Single Transaction)

e)

Date of the transaction

31 July 2023

f)

Place of the transaction

Outside of a trading venue

 

 

 

 1.  Details of the person discharging managerial responsibilities / person closely
     associated
 a)  Name                                                         James Finn
 2.  Reason for the Notification
 a)  Position/status                                              Financial Director and Company Secretary
 b)  Initial notification/amendment                               Initial notification
 3.  Details of the issuer, emission allowance market participant, auction
     platform, auctioneer or auction monitor
 a)  Name                                                         Clontarf Energy plc
 b)  LEI                                                          213800NKZVQUY8I72R68
 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  Share options over Ordinary Shares
     Identification code                                          GB00B09WLX62
 b)  Nature of the Transaction                                    Grant of Options
 c)  Price(s) and volume(s)                                       Price(s)  Volume(s)
                                                                  £0.0010   75,000,000
 d)  Aggregated information                                       N/A (Single Transaction)

     Aggregated volume Price
 e)  Date of the transaction                                      31 July 2023
 f)  Place of the transaction                                     Outside of a trading venue

d)

Aggregated information

Aggregated volume Price

N/A (Single Transaction)

e)

Date of the transaction

31 July 2023

f)

Place of the transaction

Outside of a trading venue

 

 

 

 1.  Details of the person discharging managerial responsibilities / person closely
     associated
 a)  Name                                                         Dipti Mehta
 2.  Reason for the Notification
 a)  Position/status                                              Financial Controller
 b)  Initial notification/amendment                               Initial notification
 3.  Details of the issuer, emission allowance market participant, auction
     platform, auctioneer or auction monitor
 a)  Name                                                         Clontarf Energy plc
 b)  LEI                                                          213800NKZVQUY8I72R68
 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  Share options over Ordinary Shares
     Identification code                                          GB00B09WLX62
 b)  Nature of the Transaction                                    Grant of Options
 c)  Price(s) and volume(s)                                       Price(s)  Volume(s)
                                                                  £0.0010   35,000,000
 d)  Aggregated information                                       N/A (Single Transaction)

     Aggregated volume Price
 e)  Date of the transaction                                      31 July 2023
 f)  Place of the transaction                                     Outside of a trading venue

d)

Aggregated information

Aggregated volume Price

N/A (Single Transaction)

e)

Date of the transaction

31 July 2023

f)

Place of the transaction

Outside of a trading venue

 

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