Grant of Share Options

RNS Number : 0438W

Technology Minerals PLC

13 April 2023

 

The information contained within this announcement is deemed to constitute inside information as stipulated under the retained EU law version of the Market Abuse Regulation (EU) No. 596/2014 (the "UK MAR") which is part of UK law by virtue of the European Union (Withdrawal) Act 2018. The information is disclosed in accordance with the Company's obligations under Article 17 of the UK MAR. Upon the publication of this announcement, this inside information is now considered to be in the public domain. 

13 April 2023

Technology Minerals Plc

("Technology Minerals" or the "Company")  

Grant of Share Options

Technology Minerals Plc (LSE: TM1), the first listed UK company focused on creating a sustainable circular economy for battery metals, announces the grant of 125,756,072 share options over new ordinary shares of £0.001 each in the Company ("Share Options") to the Directors listed below.

 

The Share Options have been granted to Directors of the Company as follows:

Name	Title	No. of shares under option	Exercise Price
Robin Brundle*	Executive Chairman	43,701,540	2.325p
Alex Stanbury*	CEO	43,701,540	2.325p
James Cable*	CFO	18,263,330	2.325p
Lester Kemp*	COO	6,522,618	2.325p
Wilson Robb**	CTO	6,522,618	2.325p
Chang Oh Turkmani**	Non-executive director	2,348,142	2.325p
Philip Beard**	Non-executive director	2,348,142	2.325p
Nick Kounoupias**	Non-executive director	2,348,142	2.325p

* Exercisable from the Grant Date to the tenth anniversary of the Grant Date.

** The Option will vest and become exercisable in respect of 1/12 of the shares under option on the Grant Date and quarterly thereafter commencing on 1 June 2023 and ending on 1 December 2024.

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	1.  Robin Brundle (Executive Chairman) 2.  Alex Stanbury (CEO) 3.  James Cable (CFO) 4.  Lester Kemp (COO) 5.  Wilson Robb (CTO) 6.  Chang Oh Turkmani (Non-executive director) 7.  Philip Beard (Non-executive director) 8.  Nick Kounoupias (Non-executive director)
2	Reason for the notification
a)	Position/status	1. Executive Chairman 2. CEO 3. CFO 4. COO 5. CTO 6. Non-executive director 7. Non-executive director 8. 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	Technology Minerals Plc
b)	LEI	2138001U1U2XY5UYA479
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 £0.001 par value each  ISIN: GB00BP094P47
b)	Nature of the transaction	Grant of options over ordinary shares
c)	Price(s) and volume(s)	Director/PDMR  Price(s) Volume(s) Robin Brundle 2.325p 43,701,540 Alex Stanbury 2.325p 43,701,540 James Cable 2.325p 18,263,330 Lester Kemp 2.325p 6,522,618 Wilson Robb 2.325p 6,522,618 Chang Oh Turkmani 2.325p 2,348,142 Philip Beard 2.325p 2,348,142 Nick Kounoupias 2.325p 2,348,142
d)	Aggregated information - Aggregated volume - Price	Price(s) Volume(s) 2.325p  per share 125,756,072
e)	Date of the transaction	12 April 2023
f)	Place of the transaction	Outside a trading venue

Enquiries

Technology Minerals Plc
Robin Brundle, Executive Chairman Alexander Stanbury, Chief Executive Officer	c/o [phone]
Oberon Investments Limited
Nick Lovering, Adam Pollock	[phone]
Gracechurch Group
Harry Chathli, Alexis Gore, Rebecca Scott	[phone]

 

END

 

 

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