REG - Ecora Resources PLC - Director/PDMR Shareholding

Ecora ResourcesAnnouncement

26/06/2024 12:30

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RNS Number : 0012U  Ecora Resources PLC  26 June 2024

 

 

26 June 2024

 

Ecora Resources PLC

("Ecora" or the "Company")

 

Notification of transactions by Directors, Transfer of Treasury Shares and
Total Voting Rights

 

Ecora Resources PLC (LSE/TSX: ECOR) announces that on 25 June 2024 the Company
transferred 185,809 ordinary shares of 2 pence each in the Company (the
"Shares") out of treasury (the "Transfer"), to satisfy exercises of options by
a number of employees, including Marc Bishop Lafleche, Chief Executive Officer
and Kevin Flynn, Chief Financial Officer.

 

Mr. Bishop Lafleche and Mr. Flynn exercised 49,903 and 79,565 nil cost option
awards (the "Awards") granted under the Company's Long Term Inventive Plan on
27 May 2021, respectively. The Awards vested on 27 May 2024, following the
assessment of the performance conditions which are disclosed in the 2023
Remuneration Report on page 120 of the 2023 Annual Report and Accounts,
available on the Company's website www.ecora-resources.com
(http://www.ecora-resources.com) . Subsequently, Mr. Bishop Lafleche and Mr.
Flynn sold 23,549 and 37,546 Shares, respectively, at an average approximate
price of £0.746 per Share, to satisfy income tax associated with the Awards.

 

Following the above Transfer, the Company's issued capital consisted of
261,732,553 Shares, of which 13,134,660 Shares were held in treasury.

 

Therefore, the total number of voting rights in the Company is 248,597,893.
This number 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 Company under the FCA's
Disclosure and Transparency Rules.

 

Director Share Dealings - Further information

In accordance with Article 19 of the UK Market Abuse Regulation, the relevant
FCA notification is set out below.

 

 1.                            Details of the person discharging managerial responsibilities / person closely
                               associated
 a.                            Name                                       Mr. Marc Bishop Lafleche
 2.                            Reason for the notification
 a.                            Position/status                            Chief Executive Officer of Ecora Resources PLC
 b.                            Initial notification/Amendment             Initial Notification
 3.                            Details of the issuer, emission allowance market participant, auction
                               platform, auctioneer or auction monitor
 a.                            Name                                       Ecora Resources PLC
 b.                            LEI                                        213800LXSV317746JZ71
 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                         2p Ordinary Shares

                               Financial instrument, type of instrument

                               Identification code                        GB0006449366
 b.                            Nature of the transaction                  Exercise of options, sale of shares

 c.                            Price(s) and volume(s)                     Exercise of options

Price(s)                   Volume(s)
                                                                          Nil (exercise of options)  49,903

 

                                                                          Sale of shares

Price(s)  Volume(s)
                                                                          £0.746    23,549

 
 d.                            Aggregated information

                               ·      Aggregated volume                   See above

                               ·      Price
 e.                            Date of the transaction                    25 June 2024
 f.                            Place of the transaction                   London Stock Exchange, Main Market (XLON)

 

 

 

Sale of shares

 Price(s)  Volume(s)
 £0.746    23,549

 

d.

Aggregated information

·      Aggregated volume

·      Price

 

See above

 

e.

Date of the transaction

25 June 2024

f.

Place of the transaction

London Stock Exchange, Main Market (XLON)

 

 1.                            Details of the person discharging managerial responsibilities / person closely
                               associated
 a.                            Name                                       Mr. Kevin Flynn
 2.                            Reason for the notification
 a.                            Position/status                            Chief Financial Officer of Ecora Resources PLC
 b.                            Initial notification/Amendment             Initial Notification
 3.                            Details of the issuer, emission allowance market participant, auction
                               platform, auctioneer or auction monitor
 a.                            Name                                       Ecora Resources PLC
 b.                            LEI                                        213800LXSV317746JZ71
 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                         2p Ordinary Shares

                               Financial instrument, type of instrument

                               Identification code                        GB0006449366
 b.                            Nature of the transaction                  Exercise of options, sale of shares

 c.                            Price(s) and volume(s)                     Exercise of options

Price(s)                   Volume(s)
                                                                          Nil (exercise of options)  79,565

 

                                                                          Sale of shares

Price(s)  Volume(s)
                                                                          £0.746    37,546

 
 d.                            Aggregated information

                               ·      Aggregated volume                   See above

                               ·      Price
 e.                            Date of the transaction                    25 June 2024
 f.                            Place of the transaction                   London Stock Exchange, Main Market (XLON)

 

Sale of shares

 Price(s)  Volume(s)
 £0.746    37,546

 

d.

Aggregated information

·      Aggregated volume

·      Price

 

See above

 

e.

Date of the transaction

25 June 2024

f.

Place of the transaction

London Stock Exchange, Main Market (XLON)

 

 

For further information:

 

 Ecora Resources PLC                        +44 (0) 20 3435 7400
 Jason Gray - Company Secretary

 Website:                                   www.ecora-resources.com (http://www.ecora-resources.com)

 FTI Consulting                             +44(0) 20 3727 1000
 Sara Powell / Ben Brewerton / Nick Hennis  ecoraresources@fticonsulting.com (mailto:ecoraresources@fticonsulting.com)

 

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