Option awards and PDMR Dealing

RNS Number : 2472J

Panther Metals PLC

20 August 2021

 

NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, IN WHOLE OR IN PART, DIRECTLY OR INDIRECTLY IN OR INTO AUSTRALIA, CANADA, JAPAN, THE REPUBLIC OF SOUTH AFRICA, THE UNITED STATES OR ANY OTHER JURISDICTION WHERE TO DO SO WOULD CONSTITUTE A VIOLATION OF THE RELEVANT LAWS OF SUCH JURISDICTION

THIS ANNOUNCEMENT CONTAINS INSIDE INFORMATION FOR THE PURPOSES OF ARTICLE 7 OF REGULATION 2014/596/EU WHICH IS PART OF DOMESTIC UK LAW PURSUANT TO THE MARKET ABUSE (AMENDMENT) (EU EXIT) REGULATIIONS (SI 2019/310) ("UK MAR"). UPON THE PUBLICATION OF THIS ANNOUNCEMENT, THIS INSIDE INFORMATION (AS DEFINED IN UK MAR) IS NOW CONSIDERED TO BE IN THE PUBLIC DOMAIN.

FOR IMMEDIATE RELEASE

PANTHER METALS PLC

("Panther" or the "Company")

(Incorporated in the Isle of Man with company number 009753V)

20^th August 2021

Grant of Options and PDMR Dealings

Panther Metals PLC (LSE:PALM) the company focused on mineral exploration in Canada and Australia, announces that following its annual compensartion review, the Remuneration Committee made recommendations to the Board which have been approved by the Board  and as a result the Company has granted a total of 4,600,000 options to Directors and staff members.

All of the options have a five year term from date of grant and an exercise price of 15p per share. The options are all subject to the vesting condition of the price of the Company's ordinary shares trading on the London Stock Exchange plc at a volume weighted average price of 30p per share over any period of 10 trading days during the life of the options.

This information set out below is provided in accordance with Article 19(3) of EU Regulation 596/2014. 

1.	Details of PDMR / person closely associated
a)	Name	(i)  Kerim Sener (ii)  Darren Hazelwood (iii)  Nicholas O'Reilly (iv)  Mitchell Smith (v)  Simon Rothschild (vi)  Kate Asling
2.	Reason for the notification
a)	Position / status	(i)  Non-Executive Chairman (ii)  Chief Executive Officer (iii)  Non-Exective Director (iv)  Chief Operations Officer (v)  Non-Exective Director (vi)  Non-Executive Director
b)	Initial notification /amendment	Initial notification
3.	Details of the issuer
a)	Name	Panther Metals plc
b)	LEI	213800FE99O4CN3DJU27
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	Ordinary Shares of no par value
b)	Identification code of the Financial Instrument	ISIN for Panther Metals plc: IM00BKDM2T52
c)	Nature of the transaction	Grant of options
d)	Price(s) and volume(s)	Price Volume (i) 15p  (i) 1,250,000 (ii) 15p  (ii) 1,250,000 (iii) 15p  (iii) 1,250,000 (iv) 15p  (iv) 250,000 (v) 15p  (v) 250,000 (vi) 15p  (vi) 250,000
f)	Date of the transaction	19 August 2021
g)	Place of the transaction	XLON

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

For the purposes of UK MAR, the person responsible for arranging for the release of this announcement on behalf of Panther is Darren Hazelwood, Chief Executive Officer.

For further information please contact:

Panther Metals PLC:

Darren Hazelwood, Chief Executive Officer:   [phone]

                                                                                 [phone]

Mitchell Smith, Chief Operating Officer:                   [phone]

Broker:

SI Capital Limited

Nick Emerson                                                          [phone]

 

END

 

 

DSHGPUQCRUPGPPB