REG - Goldplat plc - Directors' Restricted Shares Cash Settlement

GoldplatAnnouncement

01/07/2025 07:00

For best results when printing this announcement, please click on link below:
https://newsfile.refinitiv.com/getnewsfile/v1/story?guid=urn:newsml:reuters.com:20250701:nRSA0816Pa&default-theme=true

RNS Number : 0816P  Goldplat plc  01 July 2025

Goldplat plc / Ticker: GDP / Index: AIM / Sector: Mining & Exploration

1 July 2025

Goldplat plc

('Goldplat' or the 'Company')

Director Remuneration - Restricted Share Units to be Settled in Cash

Goldplat Plc, (AIM:GDP) the AIM listed Mining Services Group, with
international gold recovery operations located in South Africa and Ghana,
servicing the African and South American Mining Industry, announces that,
further to the previously communicated award of Restricted Share Units (RSUs)
to Brent Doster, Chief Financial Officer and to Douglas Davidson, Chief
Operating Officer,  as first announced on 28 May 2024 as part of their
remuneration, the Board has determined that it will award cash, rather than
the issue of new ordinary shares.

Consequently, the Company has cancelled in aggregate 400,000 RSUs, details of
which are set out in the PDMR forms below made in accordance with the Market
Abuse Regulation (EU) No. 596/2014 which is part of UK law by virtue of the
European Union (Withdrawal) Act 2018.

The cash payment has been calculated to be equivalent to number of shares
awarded under the cancelled RSUs multiplied by the volume weighted average
price ("VWAP") of Goldplat's shares over the five trading days preceding the
payment date, 1 July 2025. This change has been made for administrative
simplicity and to avoid dilution to existing shareholders.

 

For further information visit www.goldplat.com, follow on X @GoldPlatGDP or
contact:

 Werner Klingenberg                                   Goldplat plc                                     Tel: +27 (0) 82 051 1071

                                                      (CEO)

 Colin Aaronson / Samantha Harrison / Ciara Donnelly  Grant Thornton UK LLP                            Tel: +44 (0) 20 7383 5100

                                                      (Nominated Adviser)
 Harry Ansell / James Bavister / Andrew de Andrade    Zeus (Broker)                                    Tel: +44 (0) 203 829 5000

 Tim Thompson / Mark Edwards / Fergus Mellon          Flagstaff Strategic and Investor Communications  Tel: +44 (0) 207 129 1474

                                                                                                       goldplat@flagstaffcomms.com

 

 

The information contained within this announcement is deemed to constitute
inside information as stipulated under the retained EU law version of the
Market Abuse Regulation (EU) No. 596/2014 (the "UK MAR") which is part of UK
law by virtue of the European Union (Withdrawal) Act 2018. The information is
disclosed in accordance with the Company's obligations under Article 17 of the
UK MAR. Upon the publication of this announcement, this inside information is
now considered to be in the public domain.

 

 

 1.                          Details of the person discharging managerial responsibilities / person closely
                             associated
 a.                          Name                                                                        Brent Doster
 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                                                                        Goldplat plc
 b.                          LEI                                                                          213800WJG4PAPXBRG516
 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  Ordinary Shares of 1 pence each
                             code

                                                                                                         ISIN: GB00B0HCWM45
 b.                          Nature of the transaction                                                   Consideration in cash for settlement of Restricted Ordinary Shares
 c.                          Price(s) and volume(s)                                                      Price(s)     Volume(s)
                                                                                                         6.201 pence  200,000

 
 d.                          Aggregated information

                             ·Aggregated volume                                                          n/a: single transaction

                             ·Price
 e.                          Date of the transaction                                                     1 July 2025
 f.                          Place of the transaction                                                    Outside a trading venue

 

d.

Aggregated information

·Aggregated volume

·Price

 

n/a: single transaction

e.

Date of the transaction

1 July 2025

f.

Place of the transaction

Outside a trading venue

 

 1.                          Details of the person discharging managerial responsibilities / person closely
                             associated
 a.                          Name                                                                        Douglas Davidson
 2.                          Reason for the notification
 a.                          Position/status                                                             Chief Operating Officer
 b.                          Initial notification/Amendment                                              Initial Notification
 3.                          Details of the issuer, emission allowance market participant, auction
                             platform, auctioneer or auction monitor
 a.                          Name                                                                        Goldplat plc
 b.                          LEI                                                                          213800WJG4PAPXBRG516
 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  Ordinary Shares of 1 pence each
                             code

                                                                                                         ISIN: GB00B0HCWM45
 b.                          Nature of the transaction                                                   Consideration in cash for settlement of Restricted Ordinary Shares
 c.                          Price(s) and volume(s)                                                      Price(s)     Volume(s)
                                                                                                         6.201 pence  200,000

 
 d.                          Aggregated information

                             ·Aggregated volume                                                          n/a: single transaction

                             ·Price
 e.                          Date of the transaction                                                     1 July 2025
 f.                          Place of the transaction                                                    Outside a trading venue

 

d.

Aggregated information

·Aggregated volume

·Price

 

n/a: single transaction

e.

Date of the transaction

1 July 2025

f.

Place of the transaction

Outside a trading venue

 

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact
rns@lseg.com (mailto:rns@lseg.com)
 or visit
www.rns.com (http://www.rns.com/)
.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our
Privacy Policy (https://www.lseg.com/privacy-and-cookie-policy)
.   END  DSHBIGDLLDXDGUG