Share Option Award and PDMR Notification

Summary by AI BETAClose X

Technologies New Energy plc announced that on June 17, 2026, it granted its Chief Executive Officer, Julio Perez, a share option award for 1,647,727 ordinary shares, representing approximately 1.03% of the company's issued share capital. These options, with an exercise price of 10 pence per share, are in settlement of a performance-related bonus and vest on December 31, 2026, aligning executive remuneration with long-term shareholder value creation and preserving cash for project development.

Disclaimer*

Technologies New Energy PLC
19 June 2026
 

19 June 2026

Technologies New Energy plc

Share Option Award and PDMR Notification

Technologies New Energy plc (LSE: TNE), the energy transition company focused on developing clean energy projects to drive industrial decarbonisation, announces that on 17 June 2026 it granted a share option award over 1,647,727 ordinary shares to Julio Perez, Chief Executive Officer and Executive Director.

The award was granted in settlement of a performance-related bonus approved by the Board for the performance period from 30 April 2025 to 30 April 2026.

The options have an exercise price of 10 pence per share, vest on 31 December 2026 and expire on 17 June 2031.

The options are subject only to continued service until the vesting date and are not subject to any additional performance conditions.

The award of 1,647,727 options represents approximately 1.03% of the Company's existing issued share capital of 159,263,550 ordinary shares. The Board believes that settlement of the bonus through options aligns executive remuneration with long-term shareholder value creation while preserving cash resources for the development of the Company's clean energy projects.

The notification below is made in accordance with Article 19 of the UK Market Abuse Regulation.

 

- Ends -

 

Enquiries:

Technologies New Energy plc
Julio Perez

info@tneplc.com
+351 915 126 782

Burson Buchanan

Simon Compton, Abigail Gilchrist

+44 (0)20 7466 5000

TNE@buchanancomms.co.uk

 

 

PDMR Notification Forms:

 

The notification of dealing forms set out below are provided in accordance with the requirements of the UK Market Abuse Regulation.

 

 


 

1

Details of the person discharging managerial responsibilities / person closely associated

 

 

a)

Name

Julio Perez

 

 

2

Reason for the Notification

 

 

a)

Position/status

Chief Executive Officer and 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

Technologies New Energy plc

 

 

b)

LEI

213800VBVRGDTYL9Y928

 

 

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

Options over Ordinary Shares with a nominal value of £0.10 each

 

 

Identification code

GB00BNVRHQ51

 

 

b)

Nature of the transaction

Issue of options

 

 

c)

Price(s) and volume(s)

Price(s)

Volume(s)

 

 

10p

1,647,727

 

 

d)

Aggregated information:


 

 

Aggregated volume

See 4c) above

 

 

Price


 

 

e)

Date of the transaction

17-Jun-26

 

 

f)

Place of the transaction

Outside a trading venue

 

 

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