4 November 2024
Sunda Energy Plc
("Sunda" or the "Company")
Grant of Share Options
Sunda Energy Plc (AIM: SNDA), the AIM-quoted exploration and appraisal company focused on gas assets in
Accordingly, a total of 2,332,500,000 option awards are outstanding following these latest grants, which represents approximately 9.14 per cent. of the Company's existing issued share capital of 25,510,783,788 Ordinary Shares.
The following new Options have been granted to the Company's Executive Directors:
|
Name
|
Position
|
Number of new Options granted |
Type |
Exercise price per Ordinary Share (pence) |
Exercise period
|
Total Options held following this grant |
|
Dr Andrew John Butler |
Chief Executive Officer
|
425,000,000 |
Unapproved Options |
0.0725 |
10 years |
600,000,000 |
|
Robert Stewart Collins |
Chief Financial Officer
|
300,000,000 |
EMI Share Option Scheme |
0.0725 |
10 years |
300,000,000 |
The new Options set out in the table above all vest in three equal tranches (one, two and three years from the date of grant).
The FCA notification, made in accordance with the requirements of
Senior Management, Employees and a Consultant
A further 250,000,000 new Options, in aggregate, have been granted to certain other members of senior management, employees and a consultant at the same exercise price of
For further information, please contact:
|
Sunda Energy Plc Andy Butler, Chief Executive Rob Collins, Chief Financial Officer
|
Tel: +44 (0) 20 7770 6424 |
|
Allenby Capital Limited Nominated Adviser and Joint Broker Nick Athanas, Nick Harriss, George Payne (Corporate Finance) Kelly Gardiner, Stefano Aquilino (Sales and Corporate Broking)
|
Tel: +44 (0) 20 3328 5656
|
|
Cavendish Capital Markets Limited Joint Broker Neil McDonald, Pearl Kellie (Corporate Finance)
|
Tel: +44 (0) 131 220 6939 +44 (0) 207 220 0500 |
|
Celicourt Communications Financial PR and IR Mark Antelme, Philip Dennis, Charles Denley-Myerson |
Tel: +44 (0) 20 7770 6424 sunda@celicourt.uk |
Notification and public disclosure of transactions by persons discharging managerial responsibilities and persons closely associated with them.
|
1. |
Details of the person discharging managerial responsibilities/person closely associated |
|||||
|
(a) |
Full name of person Dealing |
Andrew John Butler |
||||
|
2. |
Reason for notification |
|||||
|
(b) |
Position/status |
PDMR - Chief Executive |
||||
|
(c) |
Initial notification/ Amendment |
Initial notification |
||||
|
3. |
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor |
|||||
|
(d) |
Name of entity |
Sunda Energy Plc |
||||
|
(e) |
LEI |
213800MBSOS9UZ5SW712 |
||||
|
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 |
Ordinary Shares of |
||||
|
(b) |
Identification code |
GB00B01QGH57 |
||||
|
(c) |
Nature of the transaction |
Grant of share options |
||||
|
(d) |
Price(s) and volume(s) |
|
||||
|
(e) |
Aggregated information: - Aggregated volume - Price |
N/A - transactions are as in 4(d) above. |
||||
|
(f) |
Date of transaction |
1 November 2024 |
||||
|
(g) |
Place of transaction |
Outside a trading venue |
||||
|
1. |
Details of the person discharging managerial responsibilities/person closely associated |
|||||
|
(a) |
Full name of person Dealing |
Robert Stewart Collins |
||||
|
2. |
Reason for notification |
|||||
|
(b) |
Position/status |
PDMR - Chief Financial Officer |
||||
|
(c) |
Initial notification/ Amendment |
Initial notification |
||||
|
3. |
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor |
|||||
|
(d) |
Name of entity |
Sunda Energy Plc |
||||
|
(e) |
LEI |
213800MBSOS9UZ5SW712 |
||||
|
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 |
Ordinary Shares of |
||||
|
(b) |
Identification code |
GB00B01QGH57 |
||||
|
(c) |
Nature of the transaction |
Grant of share options |
||||
|
(d) |
Price(s) and volume(s) |
|
||||
|
(e) |
Aggregated information: - Aggregated volume - Price |
N/A - transactions are as in 4(d) above. |
||||
|
(f) |
Date of transaction |
1 November 2024 |
||||
|
(g) |
Place of transaction |
Outside a trading venue |
||||
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