Issue of Share Options

RNS Number : 5514O

Clontarf Energy PLC

02 October 2019

 

2^nd October 2019

Clontarf Energy plc

("Clontarf" or "the Company")

Issue of Share Options

The board of Clontarf Energy plc announces that Directors John Teeling, David Horgan, Jim Finn and Peter O'Toole have each been granted options over 10,000,000 ordinary shares of 0.25 pence in the Company ("the Options").  The Options vest in equal tranches over a three year period commencing from the date of grant, have an exercise price is 0.7 pence and an expiry date of 1 October 2026.

Accordingly, as at today's date, a total of 40,000,000 options are outstanding, accounting for approximately 5.6 per cent. of the Company's currently issued share capital.

This announcement contains inside information for the purposes of Article 7 of Regulation 596/2014.

Ends

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

Clontarf Energy John Teeling, Chairman David Horgan, Director	[phone]
Nominated & Financial Adviser Strand Hanson Limited Rory Murphy Ritchie Balmer Georgia Langoulant	[phone]
Broker Novum Securities Limited Colin Rowbury	[phone]
Public Relations Blytheweigh Julia Tilley Fergus Cowan	[phone] [phone] [phone]
Teneo Luke Hogg Alan Tyrrell	[phone] [phone]

 

END

 

 

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