Grant of Share Options

RNS Number : 9906M

Clontarf Energy PLC

17 January 2023

 

17 January 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 today 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 0.0725p and an expiry date of 16 January 2030. The exercise price represents a premium of c. 4% to the closing price on 16 January 2023, being the last trading day before the award of the Options.

The Options have been awarded as follows:

Director/PDMR	Number of Share 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 200,500,000 long-term, incentive options are outstanding, representing approximately 4.59% of the Company's issued share capital as enlarged by the fundraising announced on 16 January 2023.

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) £0.000725 60,000,000
d)	Aggregated information Aggregated volume Price	N/A (Single Transaction)
e)	Date of the transaction	17 January 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) £0.000725 40,000,000
d)	Aggregated information Aggregated volume Price	N/A (Single Transaction)
e)	Date of the transaction	17 January 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) £0.000725 40,000,000
d)	Aggregated information Aggregated volume Price	N/A (Single Transaction)
e)	Date of the transaction	17 January 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) £0.000725 20,000,000
d)	Aggregated information Aggregated volume Price	N/A (Single Transaction)
e)	Date of the transaction	17 January 2023
f)	Place of the transaction	Outside of a trading venue

 

END

 

 

DSHUBURROKUAAAR