RNS Number : 8380M
Star Energy Group PLC
20 November 2024
 

20 November 2024

 

 

 

Star Energy Group plc

("Star Energy" or the "Company")

Exercise of Options

Star Energy (AIM:STAR) announces that it has allotted 269,836 Ordinary Shares of 0.002p (the "New Ordinary Shares") to Ross Glover, Chief Executive Officer following the exercise of nil cost options in the Company. The New Ordinary Shares have been admitted to trading on AIM pursuant to the Company's existing block listing admission facility.

 

Following the exercise , Ross Glover sold 122,038 shares at a price of £0.08800 each to cover tax and national insurance liabilities, and his resultant holding is set out in the table below:

 

Executive Director

No. of New Ordinary Shares

Resultant Voting Rights

% of Total Voting Rights

Ross Glover

147,798

446,628

0.34%

 

 

Total Voting Rights

 

The issued share capital of the Company following the above detailed issue of shares will be 129,983,995 Ordinary Shares; the number of deferred shares remains 303,305,534. The total number of voting rights in Star Energy will be 129,983,995 Ordinary Shares, which should be used by shareholders as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change to their interest in Star Energy under the Financial Conduct Authority's Disclosure Guidance and Transparency Rules.

 

The information set out below is provided in accordance with the requirements of the UK Market Abuse Regulation:

 

 

1.

Details  of PDMR / person closely associated

a)

Name

(i)            Ross Glover

 

2.

Reason for the notification

a)

Position / status

(i)            Chief Executive Officer

b)

Initial notification /amendment

Initial notification

3.

Details of the issuer

a)

Name

Star Energy Group plc

b)

LEI

213800S8WP2L294NR559

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

Ordinary Shares of 0.002p each

b)

Identification code of the Financial Instrument

ISIN for Star Energy Group plc: GB00BZ042C28

c)

Nature of the transaction

Exercise of Options

 

 

 

d)

Price(s) and volume(s)

Price

Volume

(i)            £nil

269,836

e)

Aggregated information

-       Aggregated volume

-       Price

N/A

 

 

 

 

f)

Date of the transaction

18 November 2024

g)

Place of the transaction

Outside a trading venue 

 

a)

Description of the financial instrument

Ordinary Shares of 0.002p each

b)

Identification code of the Financial Instrument

ISIN for Star Energy Group plc: GB00BZ042C28

c)

Nature of the transaction

Sale of shares to cover tax and national insurance liabilities

 

 

 

d)

Price(s) and volume(s)

Price

Volume

(i)            £0.08800

122,038

e)

Aggregated information

-       Aggregated volume

-       Price

N/A

 

 

 

 

f)

Date of the transaction

18 November 2024

g)

Place of the transaction

London Stock Exchange, AIM

 

For further information please contact:

Star Energy Group plc

Ross Glover, Chief Executive Officer

Frances Ward, Chief Financial Officer

 

Tel: +44 (0) 207 993 9899

Zeus (Nominated Adviser & Broker)

Antonio Bossi, Alexandra Campbell-Harris (Investment Banking)

Simon Johnson (Corporate Broking)

 

 Tel: +44 (0) 203 829 5000

Vigo Consulting

Patrick d'Ancona, Finlay Thomson, Kendall Hill

Tel: +44 (0) 207 597 5970

 

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