REG - San Leon Energy PLC - Director Option Grants
RNS Number : 3775TSan Leon Energy PLC24 March 2021
24 March 2021
San Leon Energy plc
("San Leon" or the "Company")
Director Option Grants
On 23 March 2021, San Leon granted options over ordinary shares in the Company ("Options") under the Company's Unapproved Company Share Option Plan to the following Directors:
Director
Role
Number of Options
Exercise price
Lisa Mitchell
Chief Financial Officer
1,000,000
45 pence
Adekolapo Ademola
Non-executive director
1,000,000
45 pence
The Options vest immediately and can be exercised any time up to and including 22 March 2028. The award to Lisa Mitchell, which forms part of her contractual entitlement in her role as Chief Financial Officer, was previously referred to in the Company's annual report for the year ended 31 December 2019.
The CBI notification in respect of the above, made in accordance with the requirements of the Market Abuse Regulation, is appended below.
Enquiries:
San Leon Energy plc
+353 1291 6292
Oisin Fanning, Chief Executive
Allenby Capital Limited
(Nominated adviser and joint broker to the Company)
+44 20 3328 5656
Nick Naylor
Alex Brearley
Panmure Gordon & Co
(Joint broker to the Company)
+44 20 7886 2500
Nick Lovering
Brandon Hill Capital Limited
(Joint broker to the Company)
+44 20 3463 5000
Oliver Stansfield
Jonathan Evans
Tavistock
(Financial Public Relations)
+44 20 7920 3150
Nick Elwes
Simon Hudson
Plunkett Public Relations
+353 1 230 3781
Sharon Plunkett
Notification and public disclosure of transactions by persons discharging managerial responsibilities and persons closely associated with them.
1
Details of the person discharging managerial responsibilities/person closely associated
a)
Name
Lisa Mitchell
2
Reason for the notification
a)
Position/status
CFO
b)
Initial notification /Amendment
Initial notification
3
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)
Name
San Leon Energy Plc
b)
LEI
213800KA6RMGIPCDRZ19
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
Ordinary shares
IE00BWVFTP56
b)
Nature of the transaction
Grant of options under the Company's Unapproved Company Share Option plan
c)
Price(s) and volume(s)
Price(s)
Volume(s)
45 pence
1,000,000
d)
Aggregated information
- Aggregated volume
- Price
N/a
e)
Date of the transaction
23 March 2021
f)
Place of the transaction
Outside a trading venue
1
Details of the person discharging managerial responsibilities/person closely associated
a)
Name
Adekolapo Ademola
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
San Leon Energy Plc
b)
LEI
213800KA6RMGIPCDRZ19
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
Ordinary shares
IE00BWVFTP56
b)
Nature of the transaction
Grant of options under the Company's Unapproved Company Share Option plan
c)
Price(s) and volume(s)
Price(s)
Volume(s)
45 pence
1,000,000
d)
Aggregated information
- Aggregated volume
- Price
N/a
e)
Date of the transaction
23 March 2021
f)
Place of the transaction
Outside a trading venue
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