CLON.L

Clontarf Energy Plc
Clontarf Energy PLC - Grant of Share Options
10th April 2024, 12:35
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RNS Number : 0684K
Clontarf Energy PLC
10 April 2024
 

 

10th April 2024

 

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, 160,000,000 ordinary shares of 0.01p each in the Company ("Ordinary Shares") (the "Options").

 

The Options vest immediately, have an exercise price of 0.0365p and an expiry date of 8th April 2031. The exercise price is the closing price on 8th April 2024, 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                                                           60,000,000

                                                                                                 ------------------------

Peter O'Toole, Non-Executive Director                                     40,000,000

                                                                                                 ------------------------

James Finn, Financial Director and Company Secretary         40,000,000

                                                                                                 ------------------------    

Dipti Mehta, Financial Controller                                              20,000,000

                                                                                                -------------------------

 

Following the grant of Options, a total of 660,500,000 long-term, incentive options are outstanding, representing approximately 10.42% of the Company's issued share capital.

 

ENDS

 

 

 


 

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

Fia Long

Alan Reynolds

+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 instrument, type of instrument

Share Options over Ordinary Shares

Identification code

GB00B09WLX62

b)

Nature of the Transaction

Grant of Options

c)

Price(s) and volume(s)

Price(s)

Volume(s)

£0.000365

60,000,000




d)

Aggregated information

Aggregated volume Price

N/A (Single Transaction)

e)

Date of the transaction 

9th April 2024

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 instrument, type of instrument

Share options over Ordinary Shares

Identification code

GB00B09WLX62

b)

Nature of the Transaction

Grant of Options

c)

Price(s) and volume(s)

Price(s)

Volume(s)

£0.000365

40,000,000




d)

Aggregated information

Aggregated volume Price

N/A (Single Transaction)

e)

Date of the transaction 

9th April 2024

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 instrument, type of instrument

Share options over Ordinary Shares

Identification code

GB00B09WLX62

b)

Nature of the Transaction

Grant of Options

c)

Price(s) and volume(s)

Price(s)

Volume(s)

£0.000365

40,000,000




d)

Aggregated information

Aggregated volume Price

N/A (Single Transaction)

e)

Date of the transaction 

9th April 2024

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 instrument, type of instrument

Share options over Ordinary Shares

Identification code

GB00B09WLX62

b)

Nature of the Transaction

Grant of Options

c)

Price(s) and volume(s)

Price(s)

Volume(s)

£0.000365

20,000,000




d)

Aggregated information

Aggregated volume Price

N/A (Single Transaction)

e)

Date of the transaction 

9th April 2024

f)

Place of the transaction

Outside of a trading venue

 

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