Issue of Share Options

RNS Number : 5514O
Clontarf Energy PLC
02 October 2019
 

                                                                                                                                                                                               

2nd October 2019

 


Clontarf Energy plc

("Clontarf" or "the Company")

 

Issue of Share Options

 

The board of Clontarf Energy plc announces that Directors John Teeling, David Horgan, Jim Finn and Peter O'Toole have each been granted options over 10,000,000 ordinary shares of 0.25 pence in the Company ("the Options").  The Options vest in equal tranches over a three year period commencing from the date of grant, have an exercise price is 0.7 pence and an expiry date of 1 October 2026.

 

Accordingly, as at today's date, a total of 40,000,000 options are outstanding, accounting for approximately 5.6 per cent. of the Company's currently issued share capital.

 

 

This announcement contains inside information for the purposes of Article 7 of Regulation 596/2014.

 

Ends

 

 

For further information please visit http://clontarfenergy.com or contact:

 

Clontarf Energy

John Teeling, Chairman

David Horgan, Director

+353 (0) 1 833 2833



Nominated & Financial Adviser

Strand Hanson Limited

Rory Murphy

Ritchie Balmer

Georgia Langoulant

+44 (0) 20 7409 3494



Broker

Novum Securities Limited

Colin Rowbury

        +44 (0) 207 399 9400



Public Relations

Blytheweigh

Julia Tilley

Fergus Cowan

 

+44 (0) 207 138 3206

+44 (0) 207 138 3553

+44 (0) 207 138 3208



Teneo

Luke Hogg

Alan Tyrrell

+353 (0) 1 661 4055

+353 (0) 1 661 4055

 


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