Exercise of Options

Star Energy Group PLC

20 November 2024

 

20 November 2024

Star Energy Group plc

("Star Energy" or the "Company")

Exercise of Options

Star Energy (AIM:STAR) announces that it has allotted 269,836 Ordinary Shares of 0.002p (the "New Ordinary Shares") to Ross Glover, Chief Executive Officer following the exercise of nil cost options in the Company. The New Ordinary Shares have been admitted to trading on AIM pursuant to the Company's existing block listing admission facility.

Following the exercise , Ross Glover sold 122,038 shares at a price of £0.08800 each to cover tax and national insurance liabilities, and his resultant holding is set out in the table below:

Executive Director	No. of New Ordinary Shares	Resultant Voting Rights	% of Total Voting Rights
Ross Glover	147,798	446,628	0.34%

Total Voting Rights

The issued share capital of the Company following the above detailed issue of shares will be 129,983,995 Ordinary Shares; the number of deferred shares remains 303,305,534. The total number of voting rights in Star Energy will be 129,983,995 Ordinary Shares, which should be used by shareholders as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change to their interest in Star Energy under the Financial Conduct Authority's Disclosure Guidance and Transparency Rules.

The information set out below is provided in accordance with the requirements of the UK Market Abuse Regulation:

1.	Details  of PDMR / person closely associated
a)	Name	(i)            Ross Glover
2.	Reason for the notification
a)	Position / status	(i)            Chief Executive Officer
b)	Initial notification /amendment	Initial notification
3.	Details of the issuer
a)	Name	Star Energy Group plc
b)	LEI	213800S8WP2L294NR559
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 0.002p each
b)	Identification code of the Financial Instrument	ISIN for Star Energy Group plc: GB00BZ042C28
c)	Nature of the transaction	Exercise of Options
d)	Price(s) and volume(s)	Price Volume (i)            £nil 269,836
e)	Aggregated information -       Aggregated volume -       Price	N/A
f)	Date of the transaction	18 November 2024
g)	Place of the transaction	Outside a trading venue

a)	Description of the financial instrument	Ordinary Shares of 0.002p each
b)	Identification code of the Financial Instrument	ISIN for Star Energy Group plc: GB00BZ042C28
c)	Nature of the transaction	Sale of shares to cover tax and national insurance liabilities
d)	Price(s) and volume(s)	Price Volume (i)            £0.08800 122,038
e)	Aggregated information -       Aggregated volume -       Price	N/A
f)	Date of the transaction	18 November 2024
g)	Place of the transaction	London Stock Exchange, AIM

For further information please contact:

Star Energy Group plc Ross Glover, Chief Executive Officer Frances Ward, Chief Financial Officer	Tel: [phone]
Zeus (Nominated Adviser & Broker) Antonio Bossi, Alexandra Campbell-Harris (Investment Banking) Simon Johnson (Corporate Broking)	Tel: [phone]
Vigo Consulting Patrick d'Ancona, Finlay Thomson, Kendall Hill	Tel: [phone]

 

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