REG - Ironveld PLC - Grant of Share Options

IronveldAnnouncement

28/02/2023 16:30

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RNS Number : 3909R  Ironveld PLC  28 February 2023

28 February 2023

 

IRONVELD PLC

("Ironveld" or the "Company")

Grant of Share Options

Share Options

Ironveld plc announces that on 27 February 2023 the Company's Remuneration
Committee granted 12,500,000 options to Martin Eales, Chief Executive Officer,
and 12,500,000 options to Peter Cox, Technical Director, over new ordinary
shares of 0.1 pence each, representing in total 0.86 per cent. of the current
issued share capital of the Company under the Company's Long Term Incentive
Plan.

The options have an exercise price of 0.30 pence and vest in three equal
tranches over 36 months from the date of grant. The options expire on the
10(th) anniversary of the grant.

Following these awards the Company has a total of 80,470,001 shares under
option, representing 2.78 per cent. of the current issued share capital of the
Company.

 

 

For further information, please contact:

 Ironveld plc                              c/o BlytheRay

 Giles Clarke, Chairman                    +44 20 7138 3204

 Martin Eales, Chief Executive Officer

 finnCap (Nomad and Joint Broker)          +44 20 7220 0500

 Christopher Raggett / Charlie Beeson

 Turner Pope (Joint Broker)                +44 20 3657 0050

 Andrew Thacker/James Pope

 BlytheRay                                 +44 20 7138 3204

 Tim Blythe / Megan Ray

 

 

 

The information set out below is provided in accordance with the requirements
of Article 19(3) of the Market Abuse Regulation (EU) No 596/2014.

Grant of Options

 1.                        Details of the person discharging managerial responsibilities / person closely
                           associated
 a)                        Name                                                         Martin Eales
 2.                        Reason for the Notification
 a)                        Position/status                                              Chief Executive Officer
 b)                        Initial notification/Amendment                               Initial
 3.                        Details of the issuer, emission allowance market participant, auction
                           platform, auctioneer or auction monitor
 a)                        Name                                                         Ironveld Plc
 b)                        LEI                                                          2138004LU52LQBNXG604
 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 0.1 pence
                           Identification code                                          GB0030426455
 b)                        Nature of the transaction                                    Grant of share options to PDMR under the Ironveld Long Term Incentive Plan
                                                                                        with an exercise price of 0.30 pence per share.
 c)                        Price(s) and volume(s)                                       Price(s)  Volume(s)
                                                                                        n/a       12,500,000
 d)                        Aggregated information:                                      See above

                           ·Aggregated volume

                           ·Price
 e)                        Date of the transaction                                      27 February 2023
 f)                        Place of the transaction                                     Outside trading venue

d)

Aggregated information:

·Aggregated volume

·Price

See above

e)

Date of the transaction

27 February 2023

f)

Place of the transaction

Outside trading venue

 

 

 1.                        Details of the person discharging managerial responsibilities / person closely
                           associated
 a)                        Name                                                         Peter Cox
 2.                        Reason for the Notification
 a)                        Position/status                                              Technical Director
 b)                        Initial notification/Amendment                               Initial
 3.                        Details of the issuer, emission allowance market participant, auction
                           platform, auctioneer or auction monitor
 a)                        Name                                                         Ironveld Plc
 b)                        LEI                                                          2138004LU52LQBNXG604
 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 0.1 pence
                           Identification code                                          GB0030426455
 b)                        Nature of the transaction                                    Grant of share options to PDMR under the Ironveld Long Term Incentive Plan
                                                                                        with an exercise price of 0.30 pence per share.
 c)                        Price(s) and volume(s)                                       Price(s)  Volume(s)
                                                                                        n/a       12,500,000
 d)                        Aggregated information:                                      See above

                           ·Aggregated volume

                           ·Price
 e)                        Date of the transaction                                      27 February 2023
 f)                        Place of the transaction                                     Outside trading venue

d)

Aggregated information:

·Aggregated volume

·Price

See above

e)

Date of the transaction

27 February 2023

f)

Place of the transaction

Outside trading venue

 

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