Share Option Grant

RNS Number : 6985V

Mineral & Financial Invest. Limited

01 February 2017

 

Mineral and Financial Investment Limited

("MAFL" "M&FI" or the "Company")

Share Option Grant

London, UK -- (January 31, 2017) - Mineral & Financial Investments Limited (LSE/AIM: MAFL) (the "Company" or "M&FI" or "MAFL") today announces that the Company granted options ("Options") over a total of 600,000 ordinary shares of 1 pence each in the capital of the Company ("Ordinary Shares").  The Options are exercisable at 7.5 pence per Ordinary Share

Name	Position	No. Of Options Granted	Option Exercise Price (p)	Total # Of Options Held*	Total # of Options as % of total shares O/S
Jacques Vaillancourt	Executive Chairman	230,000	7.5	335,000	1.4%
Alastair Ford	COO	125,000	7.5	335,000	1.4%
Laurence Read	Former Director	110,000	7.5	295,000	1.2%
Sean Keenan	Director	100,000	7.5	100,000	0.4%
Miles Nicholson	Corporate Secretary	35,000	7.5	35,000	0.1%
		600,000		1,100,000	4.48%

The notification below, made in accordance with the requirements of the EU Market Abuse Regulation, provides further detail.

*additional options were issued to certain directors on 25^th June 2014, see RNS dated 26^th June 2014 for the terms of these options.

The following notification, made in accordance with the requirements of the EU Market Abuse Regulation, gives further detail.

1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	Jacques Vaillancourt
2	Reason for the notification   Issue of options
a)	Position/status	Chairman
b)	Initial notification /Amendment	Initial notification 31st Jan 2017
3	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)	Name	Mineral and Financial Limited
b)	LEI	ISIN: KYG6181G1055
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	Ordinary shares of 1 pence each in Mineral and Financial Limited  KYG6181G1055
b)	Nature of the transaction	Issue of Options
c)	Price(s) and volume(s)	Price(s)  7.5p Volume(s) 230,000
d)	Aggregated information - Aggregated volume - Price	230,000 7.5p
e)	Date(s) of the transaction	31st Jan 2017
f)	Place of the transaction	London Stock Exchange, AIM

 The following notification, made in accordance with the requirements of the EU Market Abuse Regulation, gives further detail.

1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	Alastair Ford
2	Reason for the notification   Issue of options
a)	Position/status	Chief Investment Officer
b)	Initial notification /Amendment	Initial notification 31st Jan 2017
3	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)	Name	Mineral and Financial Limited
b)	LEI	- KYG6181G1055
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	Ordinary shares of 1 pence each in Mineral and Financial Limited KYG6181G1055
b)	Nature of the transaction	Issue of Options
c)	Price(s) and volume(s)	Price(s)  7.5p Volume(s) 125,000
d)	Aggregated information - Aggregated volume - Price	125,000 7.5p
e)	Date(s) of the transaction	31st Jan 2017
f)	Place of the transaction	London Stock Exchange, AIM

The following notification, made in accordance with the requirements of the EU Market Abuse Regulation, gives further detail.

1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	Sean Keenan
2	Reason for the notification   Issue of Options
a)	Position/status	Non-executive director
b)	Initial notification /Amendment	Initial notification
3	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)	Name	Mineral and Financial Limited
b)	LEI	- KYG6181G1055
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	Ordinary shares of 1 pence each in Mineral and Financial Limited KYG6181G1055
b)	Nature of the transaction	Issue of Options
c)	Price(s) and volume(s)	Price(s)  7.5p Volume(s) 100,000
d)	Aggregated information - Aggregated volume - Price	100,000 7.5p
e)	Date(s) of the transaction	31st Jan 2017
f)	Place of the transaction	London Stock Exchange, AIM

Mineral & Financial Investments is an Investment Company specializing in investing in the natural resource sector, with a particular focus on the mining sector.

For more information:

Katy Mitchell, WH Ireland Ltd.                        [phone]

Jacques Vaillancourt, Chairman M&FI         [phone]

 

END

 

 

MSCZMGGZNMVGNZG