ADVFN Logo

We could not find any results for:
Make sure your spelling is correct or try broadening your search.

Trending Now

Toplists

It looks like you aren't logged in.
Click the button below to log in and view your recent history.

Hot Features

Registration Strip Icon for discussion Register to chat with like-minded investors on our interactive forums.

KENV Kennedy Venture

4.625
0.00 (0.00%)
28 Mar 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Kennedy Venture LSE:KENV London Ordinary Share GB00B830HW33 ORD 1P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 4.625 4.50 4.75 0.00 00:00:00
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
0 0 N/A 0

Kennedy Ventures PLC Grant of Share Options (3098O)

17/08/2017 12:48pm

UK Regulatory


Kennedy Venture (LSE:KENV)
Historical Stock Chart


From Mar 2019 to Mar 2024

Click Here for more Kennedy Venture Charts.

TIDMKENV

RNS Number : 3098O

Kennedy Ventures PLC

17 August 2017

17 August 2017

Kennedy Ventures plc

Grant of Share Options

Kennedy Ventures plc ("Kennedy Ventures" or "the Company"), the AIM quoted investment company, who through its stake in African Tantalum (Pty) Limited ("Aftan") has an interest in the Namibia Tantalite Investments mine (historically referred to as the Tantalite Valley Mine) in Namibia, announces that on 17 August 2017, the Board granted options ("Options") to Larry Johnson, over 10,000,000 new ordinary shares of 1p each ("Ordinary Shares"), exercisable at 6p per Ordinary Share. The Options represent 3.98 per cent of the current issued share capital.

The Options will vest over a three-year period, 3,300,000 in 2018 and 2019 and 3,400,000 in 2020 and are subject to certain performance related conditions.

There was no consideration paid upon the grant of the Options and the Options expire on the third anniversary of their vesting.

 
 Director         Options      Vesting     Expiry      Exercise 
                   Granted      Date        Date        Price (per 
                                                        Ordinary 
                                                        Share) 
---------------  -----------  ----------  ----------  ------------ 
                               17 August   17 August 
 Larry Johnson    3,300,000     2018        2021       6p 
---------------  -----------  ----------  ----------  ------------ 
                               17 August   17 August 
                  3,300,000     2019        2022       6p 
---------------  -----------  ----------  ----------  ------------ 
                               17 August   17 August 
                  3,400,000     2020        2023       6p 
---------------  -----------  ----------  ----------  ------------ 
 Total            10,000,000 
---------------  -----------  ----------  ----------  ------------ 
 

The information communicated in this announcement contains inside information for the purposes of Article 7 of the Market Abuse Regulation (EU) No. 596/2014.

For further information on the Company, visit: www.kvplc.com:

 
 Kennedy Ventures plc 
 Larry Johnson (CEO), c/o                Tel: +44 (0)203 757 
  Camarco                                               4983 
 finnCap (Nominated Adviser              Tel: +44 (0)20 7220 
  and broker)                                           0500 
  Christopher Raggett / Scott 
  Mathieson / Anthony Adams 
  (corporate finance) 
  Simon Johnson (corporate 
  broking) 
 Shore Capital (Broker)                     Tel: +44 (0) 207 
  Mark Percy / Toby Gibbs (corporate                408 4090 
  finance) 
  Jerry Keen (corporate broking) 
 Camarco (PR)                          Tel: +44 (0) 203 
  Gordon Poole / Billy Clegg            757 4980 
 
 

The information contained within this announcement is considered to be inside information, for the purposes of Article 7 of EU Regulation 596/2014, prior to its release.

 
 1.   Details of the person discharging managerial 
       responsibilities / person closely associated 
---  -------------------------------------------------------------------- 
 a)   Name                             Larry Johnson 
---  -------------------------------  ----------------------------------- 
 2.   Reason for the Notification 
---  -------------------------------------------------------------------- 
 a)   Position/status                  Chief Executive Officer 
---  -------------------------------  ----------------------------------- 
 b)   Initial notification/Amendment   Initial notification 
---  -------------------------------  ----------------------------------- 
 3.   Details of the issuer, emission allowance 
       market participant, auction platform, auctioneer 
       or auction monitor 
---  -------------------------------------------------------------------- 
 a)   Name                             Kennedy Ventures plc 
---  -------------------------------  ----------------------------------- 
 b)   LEI                              n/a 
---  -------------------------------  ----------------------------------- 
 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                   Ordinary shares of 1 pence 
       the Financial 
       instrument, type 
       of instrument 
--- 
      Identification                   GB00B830HW33 
       code 
---  -------------------------------  ----------------------------------- 
 b)   Nature of the                    Grant of options 
       transaction 
---  -------------------------------  ----------------------------------- 
 c)   Price(s) and                      Price(s)   Volume(s) 
       volume(s)                        ---------  ----------- 
                                         6p         10,000,000 
                                        ---------  ----------- 
---  -------------------------------  ----------------------------------- 
 d)   Aggregated information: 
        *    Aggregated volume           10,000,000 options over ordinary 
                                         shares of 1 pence each (granted) 
                                         at 6 pence per ordinary share 
        *    Price 
---  -------------------------------  ----------------------------------- 
 e)   Date of the transaction          17 August 2017 
---  -------------------------------  ----------------------------------- 
 f)   Place of the                     London Stock Exchange, AIM 
       transaction                      Market (XLON) 
---  -------------------------------  ----------------------------------- 
 

This information is provided by RNS

The company news service from the London Stock Exchange

END

DSHOKODQDBKDPFD

(END) Dow Jones Newswires

August 17, 2017 07:48 ET (11:48 GMT)

1 Year Kennedy Venture Chart

1 Year Kennedy Venture Chart

1 Month Kennedy Venture Chart

1 Month Kennedy Venture Chart

Your Recent History

Delayed Upgrade Clock