Katoro Gold PLC Share Option Plan (8485X)
02 September 2020 - 10:20PM
UK Regulatory
TIDMKAT
RNS Number : 8485X
Katoro Gold PLC
02 September 2020
Katoro Gold plc (Incorporated in England and Wales )
( Registration Number: 9306219)
Share code on AIM: KAT
ISIN: GB00BSNBL022
("Katoro" or "the Company")
Dated: 2 September 2020
Katoro Gold PLC ('Katoro' or the 'Company')
Share Option Plan
Katoro Gold plc (AIM: KAT), the AIM listed gold and nickel
exploration and development company, announces the issue of options
to the Board of Directors (the "Board") and Management of the
Company.
The Board has resolved to grant options ("Options") over a total
of 17,300,000 new ordinary shares of GBP0.01 each in the capital of
the Company ("Ordinary Shares") to the Board and Management of the
Company. The Options are exercisable at 2.6 pence per Ordinary
Share, constituting a c. 10% premium to the Company's recent
closing share price on 28 August 2020. The Options have an expiry
date of the seventh anniversary from the date of grant of 28 August
2020, with 50% vesting on issue and the remaining 50% vesting in
one year.
Name and Position No. of Options
Louis Coetzee (Executive Chairman) 3 300 000
---------------------
Myles Campion (Non-executive Director) 2 600 000
---------------------
Tinus Maree (Non-executive Director) 2 600 000
---------------------
Paul Dudley (Non-executive Director) 2 600 000
---------------------
Louis Scheepers (Non-executive Director) 3 100 000
---------------------
Pieter Krugel (Financial Controller) 3 100 000
---------------------
Total 17 300 000
---------------------
Following these grants the total number of options in issue over
Ordinary Shares is 17,300,000. The Options if fully exercised will
constitute 5.34% of the Company's current issued share capital.
PDMR Notification Forms:
The notifications below are made in accordance with the
requirements of the Market Abuse Regulation:
1. Details of the person discharging managerial responsibilities/person
closely associated
a) Name Louis Lodewyk Coetzee
---------------------------------------- ----------------------------
2. Reason for the Notification
----------------------------------------------------------------------
a) Position/status Executive Chairman
---------------------------------------- ----------------------------
b) Initial notification/amendment Initial notification
---------------------------------------- ----------------------------
3. Details of the issuer, emission allowance market participant,
auction platform, auctioneer or auction monitor
----------------------------------------------------------------------
a) Name Katoro Gold PLC
---------------------------------------- ----------------------------
b) LEI 213800Q9L29ZXI53T558
---------------------------------------- ----------------------------
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 Ordinary share of GBP0.01 each
Financial instrument,
type of instrument
----------------------------- ---------------------------------
Identification code GB00BSNBL022
----------------------------- ---------------------------------
b) Nature of the Transaction Grant of options
----------------------------- ---------------------------------
c) Price(s) Volume(s) Exercise price - 2.6 pence
3,300,000
----------------------------- ---------------------------------
d) Aggregated information N/A - single transaction
Aggregated volume
price
----------------------------- ---------------------------------
e) Date of the transaction 28 August 2020
----------------------------- ---------------------------------
f) Place of the transaction Outside a trading venue
----------------------------- ---------------------------------
1. Details of the person discharging managerial responsibilities/person
closely associated
a) Name Myles Campion
---------------------------------- ----------------------------------
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 Katoro Gold PLC
---------------------------------- ----------------------------------
b) LEI 213800Q9L29ZXI53T558
---------------------------------- ----------------------------------
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 Ordinary share of GBP0.01 each
Financial instrument,
type of instrument
---------------------------------- ----------------------------------
Identification code GB00BSNBL022
---------------------------------- ----------------------------------
b) Nature of the Transaction Grant of options
---------------------------------- ----------------------------------
c) Price(s) Volume(s) Exercise price - 2.6 pence
2,600,000
---------------------------------- ----------------------------------
d) Aggregated information N/A - single transaction
Aggregated volume
price
---------------------------------- ----------------------------------
e) Date of the transaction 28 August 2020
---------------------------------- ----------------------------------
f) Place of the transaction Outside a trading venue
---------------------------------- ----------------------------------
1. Details of the person discharging managerial responsibilities/person
closely associated
a) Name Tinus Maree
---------------------------------- ----------------------------------
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 Katoro Gold PLC
---------------------------------- ----------------------------------
b) LEI 213800Q9L29ZXI53T558
---------------------------------- ----------------------------------
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 Ordinary share of GBP0.01 each
Financial instrument,
type of instrument
---------------------------------- ----------------------------------
Identification code GB00BSNBL022
---------------------------------- ----------------------------------
b) Nature of the Transaction Grant of options
---------------------------------- ----------------------------------
c) Price(s) Volume(s) Exercise price - 2.6 pence
2,600,000
---------------------------------- ----------------------------------
d) Aggregated information N/A - single transaction
Aggregated volume
price
---------------------------------- ----------------------------------
e) Date of the transaction 28 August 2020
---------------------------------- ----------------------------------
f) Place of the transaction Outside a trading venue
---------------------------------- ----------------------------------
1. Details of the person discharging managerial responsibilities/person
closely associated
a) Name Paul Dudley
---------------------------------- ----------------------------------
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 Katoro Gold PLC
---------------------------------- ----------------------------------
b) LEI 213800Q9L29ZXI53T558
---------------------------------- ----------------------------------
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 Ordinary share of GBP0.01 each
Financial instrument,
type of instrument
---------------------------------- ----------------------------------
Identification code GB00BSNBL022
---------------------------------- ----------------------------------
b) Nature of the Transaction Grant of options
---------------------------------- ----------------------------------
c) Price(s) Volume(s) Exercise price - 2.6 pence
2,600,000
---------------------------------- ----------------------------------
d) Aggregated information N/A - single transaction
Aggregated volume
price
---------------------------------- ----------------------------------
e) Date of the transaction 28 August 2020
---------------------------------- ----------------------------------
f) Place of the transaction Outside a trading venue
---------------------------------- ----------------------------------
1. Details of the person discharging managerial responsibilities/person
closely associated
a) Name Louis Scheepers
---------------------------------- ----------------------------------
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 Katoro Gold PLC
---------------------------------- ----------------------------------
b) LEI 213800Q9L29ZXI53T558
---------------------------------- ----------------------------------
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 Ordinary share of GBP0.01 each
Financial instrument,
type of instrument
---------------------------------- ----------------------------------
Identification code GB00BSNBL022
---------------------------------- ----------------------------------
b) Nature of the Transaction Grant of options
---------------------------------- ----------------------------------
c) Price(s) Volume(s) Exercise price - 2.6 pence
3,100,000
---------------------------------- ----------------------------------
d) Aggregated information N/A - single transaction
Aggregated volume
price
---------------------------------- ----------------------------------
e) Date of the transaction 28 August 2020
---------------------------------- ----------------------------------
f) Place of the transaction Outside a trading venue
---------------------------------- ----------------------------------
1. Details of the person discharging managerial responsibilities/person
closely associated
a) Name Pieter Krugel
----------------------------------------- ---------------------------
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 Katoro Gold PLC
----------------------------------------- ---------------------------
b) LEI 213800Q9L29ZXI53T558
----------------------------------------- ---------------------------
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 Ordinary share of GBP0.01 each
Financial instrument,
type of instrument
----------------------------- ---------------------------------
Identification code GB00BSNBL022
----------------------------- ---------------------------------
b) Nature of the Transaction Grant of options
----------------------------- ---------------------------------
c) Price(s) Volume(s) Exercise price - 2.6 pence
3,100,000
----------------------------- ---------------------------------
d) Aggregated information N/A - single transaction
Aggregated volume
price
----------------------------- ---------------------------------
e) Date of the transaction 28 August 2020
----------------------------- ---------------------------------
f) Place of the transaction Outside a trading venue
----------------------------- ---------------------------------
**ENDS**
This announcement contains inside information as stipulated
under the Market Abuse Regulations (EU) no. 596/2014.
For further information please visit www.katorogold.com or
contact:
Louis Coetzee louisc@katorogold.com Katoro Gold plc Executive Chairman
Bhavesh Patel +44 20 3440 RFC Ambrian Nominated Advisor
Andrew Thomson 6800 Limited
---------------------- ------------------- -------------------
Nick Emmerson +44 (0) 1483 SI Capital Ltd Broker
Sam Lomanto 413 500
---------------------- ------------------- -------------------
Isabel de Salis +44 (0) 20 7236 St Brides Partners Investor and Media
Beth Melluish 1177 Ltd Relations Adviser
---------------------- ------------------- -------------------
This information is provided by RNS, the news service of the
London Stock Exchange. RNS is approved by the Financial Conduct
Authority to act as a Primary Information Provider in the United
Kingdom. Terms and conditions relating to the use and distribution
of this information may apply. For further information, please
contact rns@lseg.com or visit www.rns.com .
This information is provided by RNS, the news service of the
London Stock Exchange. RNS is approved by the Financial Conduct
Authority to act as a Primary Information Provider in the United
Kingdom. Terms and conditions relating to the use and distribution
of this information may apply. For further information, please
contact rns@lseg.com or visit www.rns.com.
RNS may use your IP address to confirm compliance with the terms
and conditions, to analyse how you engage with the information
contained in this communication, and to share such analysis on an
anonymised basis with others as part of our commercial services.
For further information about how RNS and the London Stock Exchange
use the personal data you provide us, please see our Privacy
Policy.
END
DSHSSMFEEESSEFU
(END) Dow Jones Newswires
September 02, 2020 08:20 ET (12:20 GMT)
Katoro Gold (LSE:KAT)
Historical Stock Chart
From Apr 2024 to May 2024
Katoro Gold (LSE:KAT)
Historical Stock Chart
From May 2023 to May 2024
