Grant of Share Options

RNS Number : 9620N
Pathfinder Minerals Plc
04 October 2021
 

4 October 2021

 

Pathfinder Minerals Plc

("Pathfinder" or the "Company")

 

Grant of share options

 

Pathfinder announces that it has granted 5,000,000 options over the Company's ordinary shares ("Share Options") to Peter Taylor, Chief Executive Officer of the Company.

 

The Share Options are exercisable at a price of 1.25 pence per share until 3 October 2023.

 

The award was made following an annual review by the Nomination & Remuneration Committee to support the retention of key personnel.

 

Following this award, the directors and company secretary of Pathfinder have the following interests in share options over the Company's shares:

 

Director

No. Options

Exercise price

Ex'able from

Ex'able to

Dennis Edmonds

10,000,000

£0.0125

11/05/2020

11/05/2022

Jonathan Summers

6,000,000

£0.0055

16/03/2021

15/03/2023

Jonathan Summers

6,000,000

£0.0125

30/03/2021

29/03/2023

Peter Taylor

6,000,000

£0.0125

31/07/2020

30/08/2022

Mark Gasson

6,000,000

£0.0125

09/06/2021

08/06/2023

David Taylor

3,000,000

£0.0125

24/06/2021

23/06/2023

Peter Taylor

5,000,000

£0.0125

04/10/2021

03/10/2023

 

 

The notifications form below is provided in accordance with the requirements of the UK Market Abuse Regulation:



 

Notification and public disclosure of transactions by persons discharging managerial responsibilities ("PDMRs") and persons closely associated ("PCA") with them.

1

Details of the person discharging managerial responsibilities / person closely associated

a)

Name

Peter Taylor




2

Reason for the notification

a)

Position/status

Chief Executive Officer

b)

Initial notification /Amendment

Initial announcement




3

Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor

a)

Name

Pathfinder Minerals plc

b)

LEI

2138009YG6AG3K86TN77




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

Options to acquire Ordinary Shares of 0.1 pence each in Pathfinder Minerals Plc at a price of 1.25p pence each



Identification code

ISIN: GB00BYY0JQ23



b)

Nature of the transaction

Grant of share options

c)

Price(s) and volume(s)







Price(s)

Volume(s)




No consideration paid; options are exercisable at 1.25p each

5,000,000







d)

 

Aggregated information

Same as above



e) 

Date of the transaction 

4 October 2021

f)

Place of the transaction

Outside a trading venue

 

Enquiries:

Pathfinder Minerals Plc

Peter Taylor, Chief Executive Officer

Tel. +44 +44 (0)20 3143 6748

 

Strand Hanson Limited (Nominated & Financial Adviser and Broker)

James Spinney / Ritchie Balmer / Rob Patrick

Tel. +44 (0)20 7409 3494

 

Vigo Consulting (Public Relations)

Ben Simons / Fiona Hetherington / Kate Kilgallen

Tel. +44 (0)20 7390 0234

Email pathfinderminerals@vigoconsulting.com

 

The information contained within this announcement is deemed by the Company to constitute inside information as stipulated under the Market Abuse Regulations (EU) No. 596/2014 ("MAR").

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