REG - Landore Resources Ld - Award of Options
22/07/2022 17:00
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RNS Number : 5089T Landore Resources Limited 22 July 2022
22 July 2022
Landore Resources Limited
("Landore Resources" or the "Company")
Award of Options
Landore Resources Limited (AIM: LND) announces that on 22 July 2022 the
Company issued a total of 1,150,000 options over new ordinary shares (the
"Options") to certain Directors and employees of the Company, equating to 1%
of the current issued share capital. The Options have an exercise price of 25
pence, being a 38% premium to the closing market price on 21 July 2022 and can
be exercised for a period of five years from the date of grant.
Further details of the Options granted to Directors and PDMRs are set out
below.
For more information, please contact:
Landore Resources Limited
Bill Humphries, Chief Executive Officer Tel: 07734 681262
Glenn Featherby, Finance Director Tel: 07730 420318
www.landore.com
Cenkos Securities plc (Nominated Adviser and Broker)
Derrick Lee / Pete Lynch Tel: 0131 220 9771
1. Details of the person discharging managerial responsibilities/person closely
associated
a) Name: William Humphries
2. Reason for the notification
a) Position/status: Chief Executive Officer
b) Initial notification/Amendment: Initial Notification
3. Details of the issuer, emission allowance market participant, auction
platform, auctioneer or auction monitor
a) Name: Landore Resources Limited
b) LEI: 21380019CJ5T1PNY3Q69
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: Options over Ordinary Shares of no par value in Landore Resources Limited
Identification code:
GG00BMX4VR69
b) Nature of the transaction: Award of Options exercisable at a price of 25 pence for a period of five years
from the date of grant
c) Price(s) and volume(s): Price Volume
25p 500,000
d) Aggregated information: Single transaction as in 4 c) above
Aggregated volume: 500,000
Price: 25p
e) Date of the transaction: 22 July 2022
f) Place of the transaction: Outside a trading venue
1. Details of the person discharging managerial responsibilities/person closely
associated
a) Name: Glenn Featherby
2. Reason for the notification
a) Position/status: Finance Director
b) Initial notification/Amendment: Initial Notification
3. Details of the issuer, emission allowance market participant, auction
platform, auctioneer or auction monitor
a) Name: Landore Resources Limited
b) LEI: 21380019CJ5T1PNY3Q69
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: Options over Ordinary Shares of no par value in Landore Resources Limited
Identification code:
GG00BMX4VR69
b) Nature of the transaction: Award of Options exercisable at a price of 25 pence for a period of five years
from the date of grant
c) Price(s) and volume(s): Price Volume
25p 25
0,
00
0
d) Aggregated information: Single transaction as in 4 c) above
Aggregated volume: 250,000
Price: 25p
e) Date of the transaction: 22 July 2022
f) Place of the transaction: Outside a trading venue
1. Details of the person discharging managerial responsibilities/person closely
associated
a) Name: Charles Wilkinson
2. Reason for the notification
a) Position/status: Non-executive Chairman
b) Initial notification/Amendment: Initial Notification
3. Details of the issuer, emission allowance market participant, auction
platform, auctioneer or auction monitor
a) Name: Landore Resources Limited
b) LEI: 21380019CJ5T1PNY3Q69
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: Options over Ordinary Shares of no par value in Landore Resources Limited
Identification code:
GG00BMX4VR69
b) Nature of the transaction: Award of Options exercisable at a price of 25 pence for a period of five years
from the date of grant
c) Price(s) and volume(s): Price Volume
25p 50
,0
00
d) Aggregated information: Single transaction as in 4 c) above
Aggregated volume: 50,000
Price: 25p
e) Date of the transaction: 22 July 2022
f) Place of the transaction: Outside a trading venue
1. Details of the person discharging managerial responsibilities/person closely
associated
a) Name: Helen Green
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: Landore Resources Limited
b) LEI: 21380019CJ5T1PNY3Q69
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: Options over Ordinary Shares of no par value in Landore Resources Limited
Identification code:
GG00BMX4VR69
b) Nature of the transaction: Award of Options exercisable at a price of 25 pence for a period of five years
from the date of grant
c) Price(s) and volume(s): Price Volume
25p 50
,0
00
d) Aggregated information: Single transaction as in 4 c) above
Aggregated volume: 50,000
Price: 25p
e) Date of the transaction: 22 July 2022
f) Place of the transaction: Outside a trading venue
1. Details of the person discharging managerial responsibilities/person closely
associated
a) Name: Huw
Salter
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: Landore Resources Limited
b) LEI: 21380019CJ5T1PNY3Q69
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: Options over Ordinary Shares of no par value in Landore Resources Limited
Identification code:
GG00BMX4VR69
b) Nature of the transaction: Award of Options exercisable at a price of 25 pence for a period of five years
from the date of grant
c) Price(s) and volume(s): Price Volume
25p 50
,0
00
d) Aggregated information: Single transaction as in 4 c) above
Aggregated volume: 50,000
Price: 25p
e) Date of the transaction: 22 July 2022
f) Place of the transaction: Outside a trading venue
1. Details of the person discharging managerial responsibilities/person closely
associated
a) Name: Michele Tuomi
2. Reason for the notification
a) Position/status: Exploration Manager
b) Initial notification/Amendment: Initial Notification
3. Details of the issuer, emission allowance market participant, auction
platform, auctioneer or auction monitor
a) Name: Landore Resources Limited
b) LEI: 21380019CJ5T1PNY3Q69
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: Options over Ordinary Shares of no par value in Landore Resources Limited
Identification code:
GG00BMX4VR69
b) Nature of the transaction: Award of Options exercisable at a price of 25 pence for a period of five years
from the date of grant
c) Price(s) and volume(s): Price Volume
25p 250,000
d) Aggregated information: Single transaction as in 4 c) above
Aggregated volume: 250,000
Price: 25p
e) Date of the transaction: 22 July 2022
f) Place of the transaction: Outside a trading venue
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