STAR.L

Star Energy Group Plc
Star Energy Group - Exercise of Options
20th November 2024, 07:00
TwitterFacebookLinkedIn
To continue viewing RNS, please confirm that you are a Private Investor*

* A Private Investor is a recipient of the information who meets all of the conditions set out below, the recipient:

  1. Obtains access to the information in a personal capacity;
  2. Is not required to be regulated or supervised by a body concerned with the regulation or supervision of investment or financial services;
  3. Is not currently registered or qualified as a professional securities trader or investment adviser with any national or state exchange, regulatory authority, professional association or recognised professional body;
  4. Does not currently act in any capacity as an investment adviser, whether or not they have at some time been qualified to do so;
  5. Uses the information solely in relation to the management of their personal funds and not as a trader to the public or for the investment of corporate funds;
  6. Does not distribute, republish or otherwise provide any information or derived works to any third party in any manner or use or process information or derived works for any commercial purposes.
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

 

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
 
 
TVRBXBDBUSBDGSC]]>
TwitterFacebookLinkedIn