REG - Ormonde Mining PLC - Granting of Options <Origin Href="QuoteRef">ORM.I</Origin>

Ormonde MiningAnnouncement

17/01/2018 12:00

RNS Number : 1517C
Ormonde Mining PLC
17 January 2018
17 January 2018
OrmondeMiningplc
("Ormonde"or "the Company")
Granting of Options
Ormonde Mining plc announces that, on 16 January 2018, the Company granted conditional options ("Options") over 4,875,000 ordinary shares in the capital of the Company ("Ordinary Shares") to certain employees of the Company. 
The exercise price for each option is Euro 0.027, being the closing share price of an Ordinary Share on the ESM Market of the Irish Stock Exchange on the day prior to award of the options, being 15 January 2018.
Details of the PDMR option awards are included below:
PDMR
Options granted on 
16 January 2018
Total Options held following grant



Paul Carroll 
2,000,000
5,100,000
Fraser Gardiner
2,000,000
2,000,000
PDMR Dealings
The notification of dealing forms for each Director can be found below. This announcement is made in accordance with Article 19 of the EU Market Abuse Regulation 596/2014.
Enquiries to:
Ormonde Mining plc Tel:+353 (0)18014184
Paul Carroll, Chief Financial Officer
Fraser Gardiner, Chief Operating Officer 
CapitalM Consultants
Simon RothschildMob:+44 (0)7703 167065
Murray Consultants
MarkBrennock Tel:+353(0)14980300Mob:+353(0)872335923
Davy (Nomad, ESM Adviser and Joint Broker) 
John Frain Tel: +353 (0)1 679 6363
SP Angel Corporate Finance LLP (Joint Broker)
Ewan LeggatTel:+44 (0)20 3 470 0470
About Ormonde
Ormonde has a 30% interest in the Barruecopardo Tungsten Mine, located in northwest Spain. Barruecopardo is a fully permitted and fully funded mining project currently being developed through a US$99.7 million funding package agreed with Oaktree Capital Management (70% interest) in 2015. The Barruecopardo Mine is scheduled to commence commissioning in Q3 2018. 
For more information, visit www.ormondemining.com.
1
Details of the person discharging managerial responsibilities/person closely associated
a)
Name
PAUL CARROLL
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
ORMONDE MINING PLC.
b)
LEI
635400EA9DCKKQEWL348
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 code
OPTIONS OVER ORDINARY SHARES OF 0.01 EURO IN THE SHARE CAPITAL OF ORMONDE MINING PLC
ISIN: IE00BF0MZF04
b)
Nature of the transaction 
GRANT OF SHARE OPTIONS
c)
Price(s) and volume(s)
Price(s)
Volume(s)
0.027
2,000,000
d)
Aggregated information
- Aggregated volume
- Price
2,000,000
0.027
e)
Date of the transaction
16/01/18
f)
Place of the transaction
DUBLIN
g)
Additional Information
1
Details of the person discharging managerial responsibilities/person closely associated
a)
Name
FRASER GARDINER
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
ORMONDE MINING PLC.
b)
LEI
635400EA9DCKKQEWL348
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 code
OPTIONS OVER ORDINARY SHARES OF 0.01 EURO IN THE SHARE CAPITAL OF ORMONDE MINING PLC
ISIN: IE00BF0MZF04
b)
Nature of the transaction 
GRANT OF SHARE OPTIONS
c)
Price(s) and volume(s)
Price(s)
Volume(s)
0.027
2,000,000
d)
Aggregated information
- Aggregated volume
- Price
2,000,000
0.027
e)
Date of the transaction
16/01/18
f)
Place of the transaction
DUBLIN
g)
Additional Information

This information is provided by RNS
The company news service from the London Stock Exchange
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