Long Term Incentive Awards

European Green Transition PLC

17 July 2026

 

European Green Transition PLC

("EGT", or the "Company")

Long Term Incentive Awards and Related Party Transaction / PDMR Notification

17 July 2026 - European Green Transition plc (AIM: EGT), a company operating in the critical infrastructure sector, announces that the Company has granted options over ordinary shares of 0.25p each in the Company ("Ordinary Shares") to certain Directors and members of its senior management team.

Retention and Incentive Awards

Following the approval of the Company's 2025 Remuneration Report at the Company's Annual General Meeting, the Remuneration Committee has awarded, in aggregate, options over 11,833,333 Ordinary Shares to its Executive Chairman (Cathal Friel), Chief Financial Officer (Jack Kelly) and members of its management team ("Retention and Incentive Awards"). These awards have a nominal exercise price of 0.25p each and vest after three years subject to continued employment and the meeting of a 20% 2026 revenue growth target for the Wind Energy Services business. These awards represent in aggregate 4.4% of the Company's current issued share capital with options over 6,666,667 Ordinary Shares made to the Executive Chairman and 4,166,667 options over Ordinary Shares made to the Chief Financial Officer.

Related Party Transaction

The Remuneration Committee believes this award is essential to retain and incentivise key executives and align them with the long-term interests of the Company and Shareholders. The Directors of the Company, excluding Cathal Friel and Jack Kelly who are participating in the Retention and Incentive Awards, consider that the terms of the Retention and Incentive Awards are fair and reasonable in so far as the Company's shareholders are concerned.

Long Term Incentive Plan Awards

The Remuneration Committee has also awarded options over 571,000 Ordinary Shares through the Company's long term incentive plan ("LTIP") to David Broadbank, a senior member of the Wind Energy Services management team, who is not a director of the Company. These LTIP awards have a nominal exercise price of 0.25p each and will vest after three years subject to the meeting of three-year revenue and EBITDA performance targets for the Wind Energy Services business. The Company intends that these LTIP awards be made under a UK Enterprise Management Incentive ("EMI") scheme which the Company is in the process of establishing.

The Retention and Incentive Awards and LTIP Awards are subject to market-standard malus and clawback provisions, and customary leaver provisions dealing with the departures of recipients from the Company and are designed to reward long term service to the Company.

The person responsible for arranging the release of this announcement on behalf of the Company is Jack Kelly, Chief Financial Officer of the Company.

The notifications below, which have been made in accordance with the requirement of the UK Market Abuse Regulation, provide further details.

Enquiries

European Green Transition plc Cathal Friel, Executive Chair Jack Kelly, CFO	[phone]
Panmure Liberum - Nominated Adviser & Joint Broker James Sinclair-Ford / Gaya Bhatt Mark Murphy / Rauf Munir	+ 44 (0) 20 7886 2500
OAK Securities - Joint Broker Jerry Keen / Calvin Man	[phone] [phone]
Camarco - Financial PR Billy Clegg / Tilly Butcher / Poppy Hawkins	+ 44 (0) 20 3757 4980 [e-mail]

Notes to Editors

European Green Transition plc (AIM: EGT) is a company focused on acquiring, integrating and optimising revenue-generating and profitable services businesses in the critical infrastructure sector across the UK and Ireland.

In 2026, EGT delivered a significant milestone in this strategy by acquiring an EBITDA profitable operation, maintenance, repairs, and remote monitoring platform business which serves over 900 onshore wind turbines across the UK & Ireland. This platform includes Earthmill, Wind Energy Partnership, Silverford Engineering, and Anemos Analytics.

​The Company's strategy is to deliver sustained organic growth by expanding its service offering, driving operational efficiencies to support margin improvement, and generating strong free cash flow to fund reinvestment and a progressive dividend strategy. EGT is pursuing a disciplined capital allocation policy, including targeting selective bolt-on acquisitions across the critical infrastructure space in the UK, Ireland, and Europe, such as water, energy, roads, and data centres. The Company is also seeking to sell or partner its existing portfolio of non-core mining projects, including the Olserum Rare Earth Element (REE) Project. 

Stay updated: Website | Sign up for RNS alerts | X | LinkedIn

Notification and public disclosure of transactions by persons discharging managerial responsibilities ("PDMRs") and persons closely associated ("PCAs") with them.

	1		Details of the person discharging managerial responsibilities / person closely associated
	a)		Name		Cathal Friel
	2		Reason for the notification
	a)		Position/status		Executive Chair
	b)		Initial notification/Amendment		Initial Notification
	3		Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
	a)		Name		European Green Transition plc
	b)		LEI		9845000450IAF4808661
	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 0.25p each GB00BPVG5407
	b)		Nature of transaction		Award of options pursuant to Company Long Term Incentive Plan
	c)		Price(s) and volume(s)		Price(s)		Volume(s)
				£0.0025		6,666,667
			Aggregated information -      Aggregated volume -      Price		As above
	e)		Date of the transaction		16 July 2026
	f)		Place of the transaction		Outside a trading venue

	1		Details of the person discharging managerial responsibilities / person closely associated
	a)		Name		Jack Kelly
	2		Reason for the notification
	a)		Position/status		Chief Financial Officer
	b)		Initial notification/Amendment		Initial Notification
	3		Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
	a)		Name		European Green Transition plc
	b)		LEI		9845000450IAF4808661
	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 0.25p each GB00BPVG5407
	b)		Nature of transaction		Award of options pursuant to Company Long Term Incentive Plan
	c)		Price(s) and volume(s)		Price(s)		Volume(s)
				£0.0025		4,166,667
			Aggregated information -      Aggregated volume -      Price		As above
	e)		Date of the transaction		16 July 2026
	f)		Place of the transaction		Outside a trading venue

	1		Details of the person discharging managerial responsibilities / person closely associated
	a)		Name		David Broadbank
	2		Reason for the notification
	a)		Position/status		Managing Director, Wind Energy Services
	b)		Initial notification/Amendment		Initial Notification
	3		Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
	a)		Name		European Green Transition plc
	b)		LEI		9845000450IAF4808661
	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 0.25p each GB00BPVG5407
	b)		Nature of transaction		Award of options pursuant to Company Long Term Incentive Plan
	c)		Price(s) and volume(s)		Price(s)		Volume(s)
				£0.0025		571,000
			Aggregated information -      Aggregated volume -      Price		As above
	e)		Date of the transaction		16 July 2026
	f)		Place of the transaction		Outside a trading venue

 

END