REG - Jadestone Energy PLC - PDMR Long-Term Incentive Plan Award

Jadestone EnergyAnnouncement

20/11/2025 07:00

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RNS Number : 2636I  Jadestone Energy PLC  20 November 2025

PDMR Long-Term Incentive Plan Award

 

20 November 2025 - Singapore: Jadestone Energy plc (AIM:JSE) (the "Company"
and together with its subsidiaries, "Jadestone" or the "Group"), an
independent upstream production and development company focused on the
Asia-Pacific region, announces that on 20 November 2025 it granted (a) 260,584
share options; (b) 344,678 performance shares; and (c) 295,438 restricted
shares to Andrew Fairclough, Chief Financial Officer.

 

Upon vesting, the share option grants will be exercisable at a price of GBP
0.24 per share for a period of five years from the grant date of the options.

 

The market value of the performance shares grant is GBP 0.1847 per share. The
number of performance shares to be issued on vesting will be determined
against two performance measures which will be applied annually: (i) an ESG 1 
(#_ftn1) metric based on the Group's Scope 1 and 2 greenhouse gas emissions
from operated assets over the 2025-27 period, weighted at 35%, and (ii) an
absolute total shareholder return metric over the 2025-2027 period, weighted
at 65%.

 

The market value of the restricted shares grant is GBP 0.1847 per share.

 

Mr. T Mitch Little, Executive Director and CEO of the Company, received
1,142,648 Restricted Share Units (equivalent to US$300,000) with a three-year
vesting period as part of his sign-on package when joining the Company in June
2025.

 

Andrew Fairclough, Executive Director and Chief Financial Officer of the
Company is a person discharging managerial responsibilities. The FCA
notification, made in accordance with the requirements of the UK Market Abuse
Regulation, is appended below and gives further details on the transactions.

 

 

DEALING NOTIFICATION FORM

FOR USE BY PERSONS DISCHARGING MANAGERIAL RESPONSIBILITY AND THEIR CLOSELY
ASSOCIATED PERSONS

 

 

  1.                 Details of the person discharging managerial responsibilities/person closely
                     associated
 a)                  Name:                                                         Andrew Fairclough

 2.                  Reason for the notification
 a)                  Position/status:                                              Executive Director and 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                                                          Jadestone Energy Plc

 b)                  LEI:                                                          21380076GWJ8XDYKVQ37

 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 £0.001 each in the share capital of Jadestone Energy plc

                     Identification code:                                          ISIN: GB00BLR71299

 b)                  Nature of the transaction:                                    i)      Share options award;

                                                                                   ii)     Performance shares award; and

                                                                                   i)      Restricted shares award

 c)                  Price(s) and volume(s):

Price  Volume
                                                                                   Nil    260,584 share options
                                                                                   Nil    344,678 performance shares
                                                                                   Nil    295,438 restricted shares

 

 d)                  Aggregated information:

                     · Aggregated volume:                                          900,700 ordinary shares

                     · Price:                                                      Nil

 e)                  Date of the transaction:                                      20 November 2025

 f)                  Place of the transaction:                                     XOFF

 

 

d)

Aggregated information:

· Aggregated volume:

· Price:

 

900,700 ordinary shares

Nil

 

e)

Date of the transaction:

20 November 2025

 

 

f)

Place of the transaction:

XOFF

 

 

 

 

-ends-

 

For further information, please contact:

 

 

 Jadestone Energy plc
 Phil Corbett, Head of Investor Relations              +44 (0) 7713 687467 (UK)
                                                       ir@jadestone-energy.com (mailto:ir@jadestone-energy.com)

 Stifel Nicolaus Europe Limited (Nomad, Joint Broker)  +44 (0) 20 7710 7600 (UK)
 Callum Stewart
 Jason Grossman
 Ashton Clanfield

 Berenberg (Joint Broker)                              +44 (0) 20 3757 4980 (UK)
 Ciaran Walsh
 Dan Gee-Summons
 Ryan Mahnke

 Camarco (Public Relations Advisor)                    +44 (0) 203 757 4980 (UK)
 Billy Clegg                                           jse@camarco.co.uk (mailto:jse@camarco.co.uk)
 Georgia Edmonds
 Poppy Hawkins

 

About Jadestone Energy

 

Jadestone Energy plc is an independent upstream company focused on the
Asia-Pacific region. It has a balanced and increasingly diversified portfolio
of production and development assets in Australia, Malaysia, Indonesia and
Vietnam, all stable jurisdictions with a positive upstream investment climate.

 

The Company is pursuing a strategy to grow and diversify the Company's
production base both organically, through developments such as Nam Du/U Minh
in Vietnam and the Puteri Cluster offshore Malaysia, as well as through
acquisitions that fit within Jadestone's financial framework and play to the
Company's strengths in managing maturing oil assets. Jadestone delivers value
in its acquisition strategy by enhancing returns through operating
efficiencies, cost reductions and increased production through further
investment.

 

Jadestone is a responsible operator and well positioned for the energy
transition through its increasing gas production, by maximising recovery from
existing brownfield developments and through its Net Zero pledge on Scope 1
& 2 GHG emissions from operated assets by 2040. This strategy is aligned
with the IEA Net Zero by 2050 scenario, which stresses the necessity of
continued investment in existing upstream assets to avoid an energy crisis and
meet demand for oil and gas through the energy transition.

 

Jadestone Energy plc (LEI: 21380076GWJ8XDYKVQ37) is listed on the AIM market
of the London Stock Exchange (AIM: JSE).  The Company is headquartered in
Singapore.  For further information on the Company please visit
www.jadestone-energy.com (http://www.jadestone-energy.com) .

 

The information contained within this announcement is considered to be inside
information prior to its release, as defined in Article 7 of the Market Abuse
Regulation No. 596/2014 which is part of UK law by virtue of the European
Union (Withdrawal) Act 2018.

 

 1  (#_ftnref1) Environmental, Social and Governance

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