Grant of Options

RNS Number : 5808G

Bluejay Mining PLC

24 July 2019

 

24 July 2019

Bluejay Mining plc ('Bluejay' or the 'Company')

Grant of Options

Bluejay Mining plc, the AIM and FSE listed company with projects in Greenland and Finland, announces that the Remuneration Committee has agreed to issue options over a total of 16,000,000 ordinary shares of 0.01 pence each in the capital of the Company ("Share Options"). These options will vest immediately and will expire four years following the date of issue.

The details of the options to be granted are set out below:

Exercise price (£)	0.10	0.15	0.20
Number of options granted	5,200,000	5,200,000	5,600,000

The Share Options represent in aggregate 1.87% of the existing issued ordinary share capital of the Company and have been issued to key personnel, Persons Discharging Managerial Responsibilities ("PDMRs") and consultants of the Company in line with the Company's ongoing incentive plans.

The breakdown of the options to be granted to PDMRs is set out below:

Name	Position	Number of options granted with an exercise price of £0.10	Number of options granted with an exercise price of £0.15	Number of options granted with an exercise price of £0.20
Bo Stensgaard	General Manager	1,300,000	1,300,000	1,500,000
Eric Sondergaard	Geology Manager	1,000,000	1,000,000	1,200,000
Hans Jensen	General Manager	800,000	800,000	800,000

**ENDS**

Roderick McIllree	Bluejay Mining plc	[phone]
Ewan Leggat	SP Angel Corporate Finance LLP	[phone]
Soltan Tagiev	SP Angel Corporate Finance LLP	[phone]
Andrew Chubb	Hannam & Partners Advisory Ltd.	[phone]
Ingo Hofmaier	Hannam & Partners Advisory Ltd.	[phone]
Hugo de Salis	St Brides Partners Ltd	[phone]
Cosima Akerman	St Brides Partners Ltd	[phone]

Market Abuse Regulation (MAR) Disclosure

Certain information contained in this announcement would have been deemed inside information for the purposes of Article 7 of Regulation (EU) No 596/2014 until the release of this announcement.

NOTIFICATION AND PUBLIC DISCLOSURE OF TRANSACTIONS BY PERSONS DISCHARGING MANAGERIAL RESPONSIBILITIES AND PERSONS CLOSELY ASSOCIATED WITH THEM

1.	Details of the person discharging managerial responsibilities/person closely associated
a)	Name:	Bo Stensgaard
2.	Reason for the notification
a)	Position/status:	General Manager
b)	Initial notification/Amendment:	Initial notification
3.	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)	Name:	Bluejay Mining plc
b)	LEI:	213800E9AEFEHFLOVJ19
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: Identification code:	Share options over ordinary shares of £0.01 each  GB00BFD3VF20
b)	Nature of the transaction:	Grant of options over ordinary shares
c)	Price(s) and volume(s):	Price(s) Volume(s) £0.10 £0.15 £0.20 1,300,000 1,300,000 1,500,000
d)	Aggregated information: Aggregated volume: Price:	Price(s) Volume(s) £0.10 £0.15 £0.20 1,300,000 1,300,000 1,500,000
e)	Date of the transaction:	2019-07-23
f)	Place of the transaction:	Outside a trading venue

1.	Details of the person discharging managerial responsibilities/person closely associated
a)	Name:	Eric Sondergaard
2.	Reason for the notification
a)	Position/status:	Geology Manager
b)	Initial notification/Amendment:	Initial notification
3.	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)	Name:	Bluejay Mining plc
b)	LEI:	213800E9AEFEHFLOVJ19
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: Identification code:	Share options over ordinary shares of £0.01 each  GB00BFD3VF20
b)	Nature of the transaction:	Grant of options over ordinary shares
c)	Price(s) and volume(s):	Price(s) Volume(s) £0.10 £0.15 £0.20 1,000,000 1,000,000 1,200,000
d)	Aggregated information: Aggregated volume: Price:	Price(s) Volume(s) £0.10 £0.15 £0.20 1,000,000 1,000,000 1,200,000
e)	Date of the transaction:	2019-07-23
f)	Place of the transaction:	Outside a trading venue

1.	Details of the person discharging managerial responsibilities/person closely associated
a)	Name:	Hans Jensen
2.	Reason for the notification
a)	Position/status:	General Manager
b)	Initial notification/Amendment:	Initial notification
3.	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)	Name:	Bluejay Mining plc
b)	LEI:	213800E9AEFEHFLOVJ19
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: Identification code:	Share options over ordinary shares of £0.01 each  GB00BFD3VF20
b)	Nature of the transaction:	Grant of options over ordinary shares
c)	Price(s) and volume(s):	Price(s) Volume(s) £0.10 £0.15 £0.20 800,000 800,000 800,000
d)	Aggregated information: Aggregated volume: Price:	Price(s) Volume(s) £0.10 £0.15 £0.20 800,000 800,000 800,000
e)	Date of the transaction:	2019-07-23
f)	Place of the transaction:	Outside a trading venue

 

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