Ormonde Mining PLC Granting of Options (1517C)
17 January 2018 - 10:58PM
UK Regulatory
TIDMORM
RNS Number : 1517C
Ormonde Mining PLC
17 January 2018
17 January 2018
Ormonde Mining plc
("Ormonde" or "the Company")
Granting of Options
Ormonde Mining plc announces that, on 16 January 2018, the
Company granted conditional options ("Options") over 4,875,000
ordinary shares in the capital of the Company ("Ordinary Shares")
to certain employees of the Company.
The exercise price for each option is Euro 0.027, being the
closing share price of an Ordinary Share on the ESM Market of the
Irish Stock Exchange on the day prior to award of the options,
being 15 January 2018.
Details of the PDMR option awards are included below:
PDMR Options granted Total Options
on held following
16 January grant
2018
Paul Carroll 2,000,000 5,100,000
Fraser Gardiner 2,000,000 2,000,000
PDMR Dealings
The notification of dealing forms for each Director can be found
below. This announcement is made in accordance with Article 19 of
the EU Market Abuse Regulation 596/2014.
Enquiries to:
Ormonde Mining plc Tel: +353 (0)1 8014184
Paul Carroll, Chief Financial Officer
Fraser Gardiner, Chief Operating Officer
Capital M Consultants
Simon Rothschild Mob: +44 (0)7703 167065
Murray Consultants
Mark Brennock Tel: +353 (0)1 4980300 Mob: +353 (0)87 2335923
Davy (Nomad, ESM Adviser and Joint Broker)
John Frain Tel: +353 (0)1 679 6363
SP Angel Corporate Finance LLP (Joint Broker)
Ewan Leggat Tel: +44 (0)20 3 470 0470
About Ormonde
Ormonde has a 30% interest in the Barruecopardo Tungsten Mine,
located in northwest Spain. Barruecopardo is a fully permitted and
fully funded mining project currently being developed through a
US$99.7 million funding package agreed with Oaktree Capital
Management (70% interest) in 2015. The Barruecopardo Mine is
scheduled to commence commissioning in Q3 2018.
For more information, visit www.ormondemining.com.
1 Details of the person discharging managerial
responsibilities/person closely associated
==== ===========================================================
a) Name PAUL CARROLL
==== =================== ======================================
2 Reason for the notification
==== ===========================================================
a) Position/status CHIEF FINANCIAL OFFICER
==== =================== ======================================
b) Initial INITIAL NOTIFICATION
Notification
Amendment
==== =================== ======================================
3 Details of the issuer, emission allowance market
participant, auction platform, auctioneer or
auction monitor
==== ===========================================================
a) Name ORMONDE MINING PLC.
==== =================== ======================================
b) LEI 635400EA9DCKKQEWL348
==== =================== ======================================
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 OPTIONS OVER ORDINARY SHARES OF 0.01
of the financial EURO IN THE SHARE CAPITAL OF ORMONDE
instrument, MINING PLC
type of
instrument ISIN: IE00BF0MZF04
Identification
code
==== =================== ======================================
b) Nature of GRANT OF SHARE OPTIONS
the transaction
==== =================== ======================================
c) Price(s) Price(s) Volume(s)
and volume(s) ========= ==========
EUR0.027 2,000,000
========= ==========
==== =================== ======================================
Aggregated
information
- Aggregated
volume 2,000,000
d) - Price EUR0.027
==== =================== ======================================
e) Date of 16/01/18
the transaction
==== =================== ======================================
f) Place of DUBLIN
the transaction
==== =================== ======================================
g) Additional
Information
==== =================== ======================================
1 Details of the person discharging managerial
responsibilities/person closely associated
==== ===========================================================
a) Name FRASER GARDINER
==== =================== ======================================
2 Reason for the notification
==== ===========================================================
a) Position/status CHIEF OPERATING OFFICER
==== =================== ======================================
b) Initial INITIAL NOTIFICATION
Notification
Amendment
==== =================== ======================================
3 Details of the issuer, emission allowance market
participant, auction platform, auctioneer or
auction monitor
==== ===========================================================
a) Name ORMONDE MINING PLC.
==== =================== ======================================
b) LEI 635400EA9DCKKQEWL348
==== =================== ======================================
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 OPTIONS OVER ORDINARY SHARES OF 0.01
of the financial EURO IN THE SHARE CAPITAL OF ORMONDE
instrument, MINING PLC
type of
instrument ISIN: IE00BF0MZF04
Identification
code
==== =================== ======================================
b) Nature of GRANT OF SHARE OPTIONS
the transaction
==== =================== ======================================
c) Price(s) Price(s) Volume(s)
and volume(s) ========= ==========
EUR0.027 2,000,000
========= ==========
==== =================== ======================================
Aggregated
information
- Aggregated
volume 2,000,000
d) - Price EUR0.027
==== =================== ======================================
e) Date of 16/01/18
the transaction
==== =================== ======================================
f) Place of DUBLIN
the transaction
==== =================== ======================================
g) Additional
Information
==== =================== ======================================
This information is provided by RNS
The company news service from the London Stock Exchange
END
DSHKMGMMMNMGRZM
(END) Dow Jones Newswires
January 17, 2018 06:58 ET (11:58 GMT)
Ormonde Mining (AQSE:ORM)
Historical Stock Chart
From Apr 2024 to May 2024
Ormonde Mining (AQSE:ORM)
Historical Stock Chart
From May 2023 to May 2024