Grant of Share Options

Clontarf Energy PLC

10 April 2024

 

10^th April 2024

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, 160,000,000 ordinary shares of 0.01p each in the Company ("Ordinary Shares") (the "Options").

The Options vest immediately, have an exercise price of 0.0365p and an expiry date of 8^th April 2031. The exercise price is the closing price on 8^th April 2024, 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                                                           60,000,000

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

Peter O'Toole, Non-Executive Director                                     40,000,000

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

James Finn, Financial Director and Company Secretary         40,000,000

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

Dipti Mehta, Financial Controller                                              20,000,000

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

Following the grant of Options, a total of 660,500,000 long-term, incentive options are outstanding, representing approximately 10.42% 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 Fia Long Alan Reynolds	[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) £0.000365 60,000,000
d)	Aggregated information Aggregated volume Price	N/A (Single Transaction)
e)	Date of the transaction	9th April 2024
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) £0.000365 40,000,000
d)	Aggregated information Aggregated volume Price	N/A (Single Transaction)
e)	Date of the transaction	9th April 2024
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) £0.000365 40,000,000
d)	Aggregated information Aggregated volume Price	N/A (Single Transaction)
e)	Date of the transaction	9th April 2024
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) £0.000365 20,000,000
d)	Aggregated information Aggregated volume Price	N/A (Single Transaction)
e)	Date of the transaction	9th April 2024
f)	Place of the transaction	Outside of a trading venue

 

END