REG - Unicorn Mineral Res. - Exercise of Options

Unicorn Mineral Resources Public CoAnnouncement

30/10/2023 07:15

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RNS Number : 6210R  Unicorn Mineral Resources plc  30 October 2023

30 October 2023

 

 

Unicorn Mineral Resources Plc

 

("Unicorn" or the "Company")

 

Exercise of Options

 

Unicorn Mineral Resources Plc (LSE:UMR),  a mineral exploration and
development company based in Ireland exploring for Zinc, Lead, Copper and
Silver with its main focus at present being the "Limerick basin" in Ireland,
announces that, following his resignation, Richard O'Shea, the previous CEO
and director, has exercised 541,846 of his options at 5p.  The Board has
agreed that the exercise period for his remaining 358,153 options will
continue until 27 October 2028.

Application is being made for the 541,846 new ordinary shares to be admitted
to trading on the Main Market of the London Stock Exchange which is expected
to be on or around 2 November 2023. These shares rank pari passu with the
existing ordinary shares of the Company.

Following the issue of these shares, the Company's issued ordinary share
capital shall consist of 28,297,510 ordinary shares. The figure of 28,297,510
represents the total voting rights in the Company and should be used by
shareholders as the denominator for the calculation by which they can
determine if they are required to notify their interest in, or a change to
their interest in, the Company under the Financial Conduct Authority's ("FCA")
Disclosure Guidance & Transparency Rules.

This announcement contains information which, prior to its disclosure, was
inside information as stipulated under Regulation 11 of the Market Abuse
(Amendment) (EU Exit) Regulations 2019/310 (as amended).

- ENDS -

For further information, please visit www.UnicornMineralResources.com
(http://www.UnicornMineralResources.com) or contact:

Unicorn Mineral Resources Plc

John O'Connor, CFO

Tel: +353 86 259 5123

Email: John.OConnor@UnicornMineralResources.com
(mailto:John.OConnor@UnicornMineralResources.com)

Novum Securities Limited - Financial Adviser and Broker

David Coffman / George Duxberry

Colin Rowbury

Tel: +44 (0)207 399 9400

 

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