Issue of Options

RNS Number : 9782F

Future Metals NL

10 November 2022

 

10 November 2022

Future Metals NL

Issue of Options

Future Metals NL ("Future Metals" or the "Company", ASX | AIM: FME) announces that it has today issued 62,868 options ("Options") to Jardee Kininmonth (Managing Director & CEO of the Company) on the terms and conditions set out in Resolution 5 and the Explanatory Statement in respect of the Company's 2022 Annual General Meeting ("2022 AGM") held on 7 November 2022.

Pursuant to the Company's Share Purchase Plan ("SPP"), as announced on 17 August 2022, eligible shareholders who participated were entitled to receive one free attaching option for every three new Ordinary Shares purchased under the SPP. Further to the passing of Resolution 5 at the 2022 AGM, the Company has now issued 62,868 Options to Mr Kininmonth, which have an exercise price of A$0.10 and an expiry date of 11 June 2024.

Further details are provided in the below PDMR Notification Form, announced in accordance with Article 19 of the Market Abuse Regulation (EU) 596/2014 as it forms part of United Kingdom domestic law by virtue of the European Union (Withdrawal) Act 2018, as amended.

This announcement has been approved for release by the Company Secretary of Future Metals NL.

PDMR Notification Form :

1.	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	Jardee Kininmonth
2.	Reason for the Notification
a)	Position/status	Managing Director and CEO
b)	Initial notification/amendment	Initial notification
3.	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)	Name	Future Metals NL
b)	LEI	213800WZ1MNQPOAKNU50
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 over Ordinary Shares
	Identification code	AU0000157745
b)	Nature of the Transaction	Issue of Options
c)	Price(s) and volume(s)	Price(s) Volume(s) A$0.10 62,868
d)	Aggregated information Aggregated volume Price	N/A (Single transaction)
e)	Date of the transaction	10 November 2022
f)	Place of the transaction	Outside of a trading venue

For further information, please contact :

Future Metals NL	[phone]
Jardee Kininmonth	[e-mail]
Strand Hanson Limited (Nominated Adviser)	[phone]
James Harris/James Bellman
W H Ireland Limited (UK Broker) Harry Ansell/Katy Mitchell	[phone]
White Noise Communications (Australian IR/PR) Fiona Marshall	[phone]
FlowComms (UK IR/PR) Sasha Sethi	[phone]

 

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