Grant of Share Options

Clontarf Energy PLC

01 August 2023

 

1 August 2023

Clontarf Energy plc

("Clontarf" or "the Company")

Grant of Share Options

Clontarf Energy plc (AIM: CLON) is pleased to announce that the following long-term, incentive share options have been granted over, in aggregate, 300,000,000 ordinary shares of 0.01p each in the Company ("Ordinary Shares") (the "Options").

The Options vest immediately, have an exercise price of 0.10p and an expiry date of 30^th July 2030. The exercise price represents a premium of c. 11.11% to the closing price on 31^st July 2023, being the last trading day before the award of the Options.

The Options have been awarded as follows:

 Director/PDMR                                                                                              Number of Options granted

David Horgan, Chairman                                                                                   115,000,000

                                                                                                                            ------------------------

Peter O'Toole, Non-Executive Director                                                           75,000,000

                                                                                                                            ------------------------

James Finn, Financial Director and Company Secretary                              75,000,000

                                                                                                                              ------------------------    

Dipti Mehta, Financial Controller                                                                    35,000,000

                                                                                                                               -------------------------

Following the grant of Options, a total of 500,500,000 long-term, incentive options are outstanding, representing approximately 9.63% of the Company's issued share capital.

ENDS

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

Clontarf Energy David Horgan, Chairman Jim Finn, Director	[phone]
Nominated & Financial Adviser Strand Hanson Limited Rory Murphy Ritchie Balmer	[phone]
Broker Novum Securities Limited Colin Rowbury	[phone]
Public Relations BlytheRay Megan Ray	[phone]
Teneo Luke Hogg Alan Tyrrell	[phone]

1.	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	David Horgan
2.	Reason for the Notification
a)	Position/status	Chairman
b)	Initial notification/amendment	Initial notification
3.	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)	Name	Clontarf Energy plc
b)	LEI	213800NKZVQUY8I72R68
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	Share Options over Ordinary Shares
	Identification code	GB00B09WLX62
b)	Nature of the Transaction	Grant of Options
c)	Price(s) and volume(s)	Price(s) Volume(s) £0.0010 115,000,000
d)	Aggregated information Aggregated volume Price	N/A (Single Transaction)
e)	Date of the transaction	31 July 2023
f)	Place of the transaction	Outside of a trading venue

1.	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	Peter O'Toole
2.	Reason for the Notification
a)	Position/status	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	Clontarf Energy plc
b)	LEI	213800NKZVQUY8I72R68
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	Share options over Ordinary Shares
	Identification code	GB00B09WLX62
b)	Nature of the Transaction	Grant of Options
c)	Price(s) and volume(s)	Price(s) Volume(s) £0.0010 75,000,000
d)	Aggregated information Aggregated volume Price	N/A (Single Transaction)
e)	Date of the transaction	31 July 2023
f)	Place of the transaction	Outside of a trading venue

1.	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	James Finn
2.	Reason for the Notification
a)	Position/status	Financial Director and Company Secretary
b)	Initial notification/amendment	Initial notification
3.	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)	Name	Clontarf Energy plc
b)	LEI	213800NKZVQUY8I72R68
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	Share options over Ordinary Shares
	Identification code	GB00B09WLX62
b)	Nature of the Transaction	Grant of Options
c)	Price(s) and volume(s)	Price(s) Volume(s) £0.0010 75,000,000
d)	Aggregated information Aggregated volume Price	N/A (Single Transaction)
e)	Date of the transaction	31 July 2023
f)	Place of the transaction	Outside of a trading venue

1.	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	Dipti Mehta
2.	Reason for the Notification
a)	Position/status	Financial Controller
b)	Initial notification/amendment	Initial notification
3.	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)	Name	Clontarf Energy plc
b)	LEI	213800NKZVQUY8I72R68
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	Share options over Ordinary Shares
	Identification code	GB00B09WLX62
b)	Nature of the Transaction	Grant of Options
c)	Price(s) and volume(s)	Price(s) Volume(s) £0.0010 35,000,000
d)	Aggregated information Aggregated volume Price	N/A (Single Transaction)
e)	Date of the transaction	31 July 2023
f)	Place of the transaction	Outside of a trading venue

 

END