Clontarf Energy PLC Grant of Share Options (9184H)
01 August 2023 - 7:38PM
UK Regulatory
TIDMCLON
RNS Number : 9184H
Clontarf Energy PLC
01 August 2023
1 August 2023
Clontarf Energy plc
("Clontarf" or "the Company")
Grant of Share Options
Clontarf Energy plc (AIM: CLON) is pleased to announce that the
following long-term, incentive share options have been granted
over, in aggregate, 300,000,000 ordinary shares of 0.01p each in
the Company ("Ordinary Shares") (the "Options").
The Options vest immediately, have an exercise price of 0.10p
and an expiry date of 30(th) July 2030. The exercise price
represents a premium of c. 11.11% to the closing price on 31(st)
July 2023, being the last trading day before the award of the
Options.
The Options have been awarded as follows:
Director/PDMR Number of Options granted
David Horgan, Chairman 115,000,000
------------------------
Peter O'Toole, Non-Executive Director 75,000,000
------------------------
James Finn, Financial Director and Company Secretary 75,000,000
------------------------
Dipti Mehta, Financial Controller 35,000,000
-------------------------
Following the grant of Options, a total of 500,500,000
long-term, incentive options are outstanding, representing
approximately 9.63% of the Company's issued share capital.
S
For further information please visit http://clontarfenergy.com
or contact:
Clontarf Energy
David Horgan, Chairman
Jim Finn, Director +353 (0) 1 833 2833
Nominated & Financial Adviser
Strand Hanson Limited
Rory Murphy
Ritchie Balmer +44 (0) 20 7409 3494
Broker
Novum Securities Limited
Colin Rowbury +44 (0) 207 399 9400
Public Relations
BlytheRay
Megan Ray +44 (0) 207 138 3206
Teneo
Luke Hogg
Alan Tyrrell +353 (0) 1 661 4055
1. Details of the person discharging managerial responsibilities
/ person closely associated
a) Name David Horgan
-------------------------------- -----------------------------------
2. Reason for the Notification
---------------------------------------------------------------------
a) Position/status Chairman
-------------------------------- -----------------------------------
b) Initial notification/amendment Initial notification
-------------------------------- -----------------------------------
3. Details of the issuer, emission allowance market participant,
auction platform, auctioneer or auction monitor
---------------------------------------------------------------------
a) Name Clontarf Energy plc
-------------------------------- -----------------------------------
b) LEI 213800NKZVQUY8I72R68
-------------------------------- -----------------------------------
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 Share Options over Ordinary Shares
instrument, type of instrument
-------------------------------- -----------------------------------
Identification code GB00B09WLX62
-------------------------------- -----------------------------------
b) Nature of the Transaction Grant of Options
-------------------------------- -----------------------------------
c) Price(s) and volume(s) Price(s) Volume(s)
GBP0.0010 115,000,000
-------------------------------- -----------------------------------
d) Aggregated information N/A (Single Transaction)
Aggregated volume Price
-------------------------------- -----------------------------------
e) Date of the transaction 31 July 2023
-------------------------------- -----------------------------------
f) Place of the transaction Outside of a trading venue
-------------------------------- -----------------------------------
1. Details of the person discharging managerial responsibilities
/ person closely associated
a) Name Peter O'Toole
-------------------------------- -----------------------------------
2. Reason for the Notification
---------------------------------------------------------------------
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 Clontarf Energy plc
-------------------------------- -----------------------------------
b) LEI 213800NKZVQUY8I72R68
-------------------------------- -----------------------------------
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 Share options over Ordinary Shares
instrument, type of instrument
-------------------------------- -----------------------------------
Identification code GB00B09WLX62
-------------------------------- -----------------------------------
b) Nature of the Transaction Grant of Options
-------------------------------- -----------------------------------
c) Price(s) and volume(s) Price(s) Volume(s)
GBP0.0010 75,000,000
-------------------------------- -----------------------------------
d) Aggregated information N/A (Single Transaction)
Aggregated volume Price
-------------------------------- -----------------------------------
e) Date of the transaction 31 July 2023
-------------------------------- -----------------------------------
f) Place of the transaction Outside of a trading venue
-------------------------------- -----------------------------------
1. Details of the person discharging managerial responsibilities
/ person closely associated
a) Name James Finn
-------------------------------- -----------------------------------------
2. Reason for the Notification
---------------------------------------------------------------------------
a) Position/status Financial Director and Company Secretary
-------------------------------- -----------------------------------------
b) Initial notification/amendment Initial notification
-------------------------------- -----------------------------------------
3. Details of the issuer, emission allowance market participant,
auction platform, auctioneer or auction monitor
---------------------------------------------------------------------------
a) Name Clontarf Energy plc
-------------------------------- -----------------------------------------
b) LEI 213800NKZVQUY8I72R68
-------------------------------- -----------------------------------------
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 Share options over Ordinary Shares
instrument, type of instrument
-------------------------------- -----------------------------------------
Identification code GB00B09WLX62
-------------------------------- -----------------------------------------
b) Nature of the Transaction Grant of Options
-------------------------------- -----------------------------------------
c) Price(s) and volume(s) Price(s) Volume(s)
GBP0.0010 75,000,000
-------------------------------- -----------------------------------------
d) Aggregated information N/A (Single Transaction)
Aggregated volume Price
-------------------------------- -----------------------------------------
e) Date of the transaction 31 July 2023
-------------------------------- -----------------------------------------
f) Place of the transaction Outside of a trading venue
-------------------------------- -----------------------------------------
1. Details of the person discharging managerial responsibilities
/ person closely associated
a) Name Dipti Mehta
-------------------------------- -----------------------------------
2. Reason for the Notification
---------------------------------------------------------------------
a) Position/status Financial Controller
-------------------------------- -----------------------------------
b) Initial notification/amendment Initial notification
-------------------------------- -----------------------------------
3. Details of the issuer, emission allowance market participant,
auction platform, auctioneer or auction monitor
---------------------------------------------------------------------
a) Name Clontarf Energy plc
-------------------------------- -----------------------------------
b) LEI 213800NKZVQUY8I72R68
-------------------------------- -----------------------------------
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 Share options over Ordinary Shares
instrument, type of instrument
-------------------------------- -----------------------------------
Identification code GB00B09WLX62
-------------------------------- -----------------------------------
b) Nature of the Transaction Grant of Options
-------------------------------- -----------------------------------
c) Price(s) and volume(s) Price(s) Volume(s)
GBP0.0010 35,000,000
-------------------------------- -----------------------------------
d) Aggregated information N/A (Single Transaction)
Aggregated volume Price
-------------------------------- -----------------------------------
e) Date of the transaction 31 July 2023
-------------------------------- -----------------------------------
f) Place of the transaction Outside of a trading venue
-------------------------------- -----------------------------------
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END
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