REG - Star Energy Group - Grant of Awards

Star EnergyAnnouncement

19/09/2023 07:00

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RNS Number : 8280M  Star Energy Group PLC  19 September 2023

19 September 2023

Star Energy Group plc (AIM: STAR)

("Star Energy" or "the Company" or "the Group")

Grant of awards under the Star Energy Group plc Executive Incentive Plan

The Company announces that it has issued options under a long-term incentive
plan to certain Directors, Persons Discharging Managerial Responsibilities
("PDMRs") and other key employees of the Group.

The individual's award will vest and become exercisable on the first
anniversary of the date of grant of the options, 14 September 2023, subject to
continued employment. The awards will vest on the condition that a share price
of at least 15p is achieved.

The grant of nil cost options over ordinary shares of the Company of nominal
value 0.002 pence per share under the Company's Executive Incentive Plan (the
"Plan"), which was adopted by the Board on 16  March 2016, are as set out
below:

 Name of Director/PDMR  Position                 Number of Ordinary Shares subject to Award
 Chris Hopkinson        Chief Executive Officer  185,000
 Frances Ward           Chief Finance Officer    185,000

The options are subject to malus and clawback provisions contained in the
rules of the Plan.

This notification is made pursuant to rule 17 and Schedule 5 of the AIM Rules
for Companies.

For further information please contact:

 

Star Energy Group plc

Tel: +44 (0)20 7993 9899

Ann-marie Wilkinson, Chief of Staff

 

Investec Bank plc (NOMAD and Joint Corporate Broker)

Tel: +44 (0)20 7597 5970

Virginia Bull/Chris Sim

 

Canaccord Genuity (Joint Corporate Broker)

Tel: +44 (0)20 7523 8000

Henry Fitzgerald-O'Connor/James Asensio

 

Vigo Consulting

Tel: +44 (0)20 7390 0230

Patrick d'Ancona/Finlay Thomson/Kendall Hill

 

 

The information set out below is provided in accordance with the requirements
of Article 19 of the UK Market Abuse Regulation:

 

 1   Details of Director/ PDMR / person closely associated
 a)  Name                                             Christopher Hopkinson
 2   Reason for the notification
 a)  Position / status                                Chief Executive Officer

 b)  Initial notification /amendment                   Initial notification
 3   Details of the issuer
 a)  Name                                             Star Energy Group plc
 b)  LEI                                              213800S8WP2L294NR559
 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          Ordinary shares of 0.002p each
 b)  Identification code of the Financial Instrument  ISIN for Star Energy Group plc: GB00BZ042C28
 c)  Nature of the transaction                        Grant of nil cost options by the Company under the Company's EIP
 d)  Price(s) and volume(s)                            Price /  Volume
                                                      (i)  £nil / 185,000
 e)  Aggregated information                           N/A
     -  Aggregated volume
     -  Price
 f)  Date of the transaction                          14 September 2023
 g)  Place of the transaction                         Outside a trading venue

 

 

 

 1   Details of Director/ PDMR / person closely associated
 a)  Name                                             Frances Ward
 2   Reason for the notification
 a)  Position / status                                Chief Financial Officer

 b)  Initial notification /amendment                   Initial notification
 3   Details of the issuer
 a)  Name                                             Star Energy Group plc
 b)  LEI                                              213800S8WP2L294NR559
 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          Ordinary shares of 0.002p each
 b)  Identification code of the Financial Instrument  ISIN for Star Energy Group plc: GB00BZ042C28
 c)  Nature of the transaction                        Grant of nil cost options by the Company under the Company's EIP
 d)  Price(s) and volume(s)                            Price /  Volume
                                                      (i)  £nil / 185,000
 e)  Aggregated information                           N/A
     -  Aggregated volume
     -  Price
 f)  Date of the transaction                          14 September 2023
 g)  Place of the transaction                         Outside a trading venue

 

 

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