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ZPHR Zephyr Energy Plc

4.35
-0.20 (-4.40%)
26 Apr 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Zephyr Energy Plc LSE:ZPHR London Ordinary Share GB00BF44KY60 ORD 0.1P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  -0.20 -4.40% 4.35 4.20 4.50 4.55 4.30 4.55 1,333,677 16:18:36
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
Gold Ores 41.06M 19.27M 0.0114 3.82 73.36M

Rose Petroleum PLC Grant of options under incentivisation scheme (4836A)

24/03/2017 12:23pm

UK Regulatory


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TIDMROSE

RNS Number : 4836A

Rose Petroleum PLC

24 March 2017

24 March 2017

Rose Petroleum plc

("Rose", the "Company" or the "Group")

Grant of Options under incentivisation scheme

Rose (AIM: ROSE), the AIM quoted natural resources business, having consulted with its advisers, announces the grant of options over ordinary shares of 0.1p each in the Company ("Ordinary Shares") under the Company's existing employee share option schemes ("Options"). A total of 245,000,000 Options have today been issued to various directors and employees of the Company.

The Options will vest in three equal annual tranches, on the first, second and third anniversary from today's date. Each Option is exercisable into one Ordinary Share and, once vested, can be exercised up until the tenth anniversary of today's date. The Options are exercisable at a price of 0.14p per share and only after the mid-market Ordinary Share price remains at 0.175p (a 25% premium to the exercise price) or higher for 10 consecutive trading days.

Of the 245 million Options issued today, 150 million have been issued to certain directors of the Company as set out below, and the other 95 million Options have been issued to employees of the Company. Details of the Options granted to directors are outlined in the table below:

 
 Name of Director    Number of Options          Total number of 
                               granted    options over Ordinary 
                                                Shares now held 
 Matthew Idiens             70,000,000              111,800,000 
 Chris Eadie                50,000,000               60,000,000 
 Kelly Scott                15,000,000               25,933,333 
 Kris Hefton                15,000,000               31,000,000 
 

The Options granted today represent approximately 6.5 per cent of the Company's current issued share capital. In total 388,283,333 Options are now outstanding, representing approximately 10.3 per cent of the Company's current issued share capital.

Philip Jeffcock, Chairman and Independent Director, commented: "Over the past eighteen months we have implemented a cost cutting programme across the Group. However, given the significant amount of activity that is currently taking place across the Group it is essential to incentivise and motivate the team to ensure that we deliver on our key objectives and I hope these proportionate and well deserved option awards will go a long way towards helping us achieve that."

Enquiries:

 
                         Rose Petroleum    Tel: +44 (0) 
                          plc               20 7225 4595 
 Matthew Idiens (CEO)                       Tel: +44 (0) 
  Chris Eadie (CFO)                         20 7225 4599 
----------------------  ----------------  --------------- 
 Jeremy Porter / James   Allenby Capital   Tel: +44 (0) 
  Reeve / Liz Kirchner    Limited           20 3328 5656 
 James Pope / Ben        Turner Pope       Tel: +44 (0)20 
  Turner                  Investments       3621 4120 
 

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)   Name                             Matthew Idiens 
---  -------------------------------  ------------------------------- 
 2.   Reason for the Notification 
---  ---------------------------------------------------------------- 
 a)   Position/status                  CEO 
---  -------------------------------  ------------------------------- 
 b)   Initial notification/Amendment    Initial notification 
---  -------------------------------  ------------------------------- 
 3.   Details of the issuer, emission allowance 
       market participant, auction platform, 
       auctioneer or auction monitor 
---  ---------------------------------------------------------------- 
 a)   Name                             Rose Petroleum 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                        Options over 
       of the Financial                    ordinary shares 
       instrument,                         of 0.5p 
       type of instrument 
--- 
      Identification                   GB00B013M672 
       code 
---  -------------------------------  ------------------------------- 
 b)   Nature of the                      Grant of Options 
       transaction 
---  -------------------------------  ------------------------------- 
 c)   Price(s) and                      Price(s)          Volume(s) 
       volume(s)                        ----------------  ----------- 
                                         Exercise price 
                                          0.14 pence 
                                          per share        70,000,000 
                                        ----------------  ----------- 
---  -------------------------------  ------------------------------- 
 d)   Aggregated information:           n/a 
       Aggregated 
       volume 
       Price 
---  -------------------------------  ------------------------------- 
 e)   Date of the                      24 March 2017 
       transaction 
---  -------------------------------  ------------------------------- 
 f)   Place of the                     London Stock Exchange, AIM 
       transaction                      Market (XLON) 
---  -------------------------------  ------------------------------- 
 
 
 1.   Details of the person discharging managerial 
       responsibilities / person closely associated 
---  ---------------------------------------------------------------- 
 a)   Name                             Christopher Eadie 
---  -------------------------------  ------------------------------- 
 2.   Reason for the Notification 
---  ---------------------------------------------------------------- 
 a)   Position/status                  CFO 
---  -------------------------------  ------------------------------- 
 b)   Initial notification/Amendment    Initial notification 
---  -------------------------------  ------------------------------- 
 3.   Details of the issuer, emission allowance 
       market participant, auction platform, 
       auctioneer or auction monitor 
---  ---------------------------------------------------------------- 
 a)   Name                             Rose Petroleum 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                        Options over 
       of the Financial                    ordinary shares 
       instrument,                         of 0.5p 
       type of instrument 
--- 
      Identification                   GB00B013M672 
       code 
---  -------------------------------  ------------------------------- 
 b)   Nature of the                      Grant of Options 
       transaction 
---  -------------------------------  ------------------------------- 
 c)   Price(s) and                      Price(s)          Volume(s) 
       volume(s)                        ----------------  ----------- 
                                         Exercise price 
                                          0.14 pence 
                                          per share        50,000,000 
                                        ----------------  ----------- 
---  -------------------------------  ------------------------------- 
 d)   Aggregated information:           n/a 
       Aggregated 
       volume 
       Price 
---  -------------------------------  ------------------------------- 
 e)   Date of the                      24 March 2017 
       transaction 
---  -------------------------------  ------------------------------- 
 f)   Place of the                     London Stock Exchange, AIM 
       transaction                      Market (XLON) 
---  -------------------------------  ------------------------------- 
 
 
 1.   Details of the person discharging managerial 
       responsibilities / person closely associated 
---  ---------------------------------------------------------------- 
 a)   Name                             Kelly Scott 
---  -------------------------------  ------------------------------- 
 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                             Rose Petroleum 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                        Options over 
       of the Financial                    ordinary shares 
       instrument,                         of 0.5p 
       type of instrument 
--- 
      Identification                   GB00B013M672 
       code 
---  -------------------------------  ------------------------------- 
 b)   Nature of the                      Grant of Options 
       transaction 
---  -------------------------------  ------------------------------- 
 c)   Price(s) and                      Price(s)          Volume(s) 
       volume(s)                        ----------------  ----------- 
                                         Exercise price 
                                          0.14 pence 
                                          per share        15,000,000 
                                        ----------------  ----------- 
---  -------------------------------  ------------------------------- 
 d)   Aggregated information:           n/a 
       Aggregated 
       volume 
       Price 
---  -------------------------------  ------------------------------- 
 e)   Date of the                      24 March 2017 
       transaction 
---  -------------------------------  ------------------------------- 
 f)   Place of the                     London Stock Exchange, AIM 
       transaction                      Market (XLON) 
---  -------------------------------  ------------------------------- 
 
 
 1.   Details of the person discharging managerial 
       responsibilities / person closely associated 
---  ---------------------------------------------------------------- 
 a)   Name                             Kristopher Hefton 
---  -------------------------------  ------------------------------- 
 2.   Reason for the Notification 
---  ---------------------------------------------------------------- 
 a)   Position/status                  COO 
---  -------------------------------  ------------------------------- 
 b)   Initial notification/Amendment    Initial notification 
---  -------------------------------  ------------------------------- 
 3.   Details of the issuer, emission allowance 
       market participant, auction platform, 
       auctioneer or auction monitor 
---  ---------------------------------------------------------------- 
 a)   Name                             Rose Petroleum 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                        Options over 
       of the Financial                    ordinary shares 
       instrument,                         of 0.5p 
       type of instrument 
--- 
      Identification                   GB00B013M672 
       code 
---  -------------------------------  ------------------------------- 
 b)   Nature of the                      Grant of Options 
       transaction 
---  -------------------------------  ------------------------------- 
 c)   Price(s) and                      Price(s)          Volume(s) 
       volume(s)                        ----------------  ----------- 
                                         Exercise price 
                                          0.14 pence 
                                          per share        15,000,000 
                                        ----------------  ----------- 
---  -------------------------------  ------------------------------- 
 d)   Aggregated information:           n/a 
       Aggregated 
       volume 
       Price 
---  -------------------------------  ------------------------------- 
 e)   Date of the                      24 March 2017 
       transaction 
---  -------------------------------  ------------------------------- 
 f)   Place of the                     London Stock Exchange, AIM 
       transaction                      Market (XLON) 
---  -------------------------------  ------------------------------- 
 
 
 1.   Details of the person discharging managerial 
       responsibilities / person closely associated 
---  ---------------------------------------------------------------- 
 a)   Name                             Ty Watson 
---  -------------------------------  ------------------------------- 
 2.   Reason for the Notification 
---  ---------------------------------------------------------------- 
 a)   Position/status                  PDMR 
---  -------------------------------  ------------------------------- 
 b)   Initial notification/Amendment    Initial notification 
---  -------------------------------  ------------------------------- 
 3.   Details of the issuer, emission allowance 
       market participant, auction platform, 
       auctioneer or auction monitor 
---  ---------------------------------------------------------------- 
 a)   Name                             Rose Petroleum 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                     Options over 
       the Financial                       ordinary shares 
       instrument, type                    of 0.5p 
       of instrument 
--- 
      Identification                   GB00B013M672 
       code 
---  -------------------------------  ------------------------------- 
 b)   Nature of the                      Grant of Options 
       transaction 
---  -------------------------------  ------------------------------- 
 c)   Price(s) and                      Price(s)          Volume(s) 
       volume(s)                        ----------------  ----------- 
                                         Exercise price 
                                          0.14 pence 
                                          per share        45,000,000 
                                        ----------------  ----------- 
---  -------------------------------  ------------------------------- 
 d)   Aggregated information:           n/a 
       Aggregated volume 
       Price 
---  -------------------------------  ------------------------------- 
 e)   Date of the transaction          24 March 2017 
---  -------------------------------  ------------------------------- 
 f)   Place of the                     London Stock Exchange, 
       transaction                      AIM Market (XLON) 
---  -------------------------------  ------------------------------- 
 
 
 1.   Details of the person discharging managerial 
       responsibilities / person closely associated 
---  ---------------------------------------------------------------- 
 a)   Name                             Ignacio Elices Teja 
---  -------------------------------  ------------------------------- 
 2.   Reason for the Notification 
---  ---------------------------------------------------------------- 
 a)   Position/status                  PDMR 
---  -------------------------------  ------------------------------- 
 b)   Initial notification/Amendment    Initial notification 
---  -------------------------------  ------------------------------- 
 3.   Details of the issuer, emission allowance 
       market participant, auction platform, 
       auctioneer or auction monitor 
---  ---------------------------------------------------------------- 
 a)   Name                             Rose Petroleum 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                     Options over 
       the Financial                       ordinary shares 
       instrument, type                    of 0.5p 
       of instrument 
--- 
      Identification                   GB00B013M672 
       code 
---  -------------------------------  ------------------------------- 
 b)   Nature of the                      Grant of Options 
       transaction 
---  -------------------------------  ------------------------------- 
 c)   Price(s) and                      Price(s)          Volume(s) 
       volume(s)                        ----------------  ----------- 
                                         Exercise price 
                                          0.14 pence 
                                          per share        20,000,000 
                                        ----------------  ----------- 
---  -------------------------------  ------------------------------- 
 d)   Aggregated information:           n/a 
       Aggregated volume 
       Price 
---  -------------------------------  ------------------------------- 
 e)   Date of the transaction          24 March 2017 
---  -------------------------------  ------------------------------- 
 f)   Place of the                     London Stock Exchange, 
       transaction                      AIM Market (XLON) 
---  -------------------------------  ------------------------------- 
 
 
 1.   Details of the person discharging managerial 
       responsibilities / person closely associated 
---  ---------------------------------------------------------------- 
 a)   Name                             Luis Francisco Perez Agosttini 
---  -------------------------------  ------------------------------- 
 2.   Reason for the Notification 
---  ---------------------------------------------------------------- 
 a)   Position/status                  PDMR 
---  -------------------------------  ------------------------------- 
 b)   Initial notification/Amendment    Initial notification 
---  -------------------------------  ------------------------------- 
 3.   Details of the issuer, emission allowance 
       market participant, auction platform, 
       auctioneer or auction monitor 
---  ---------------------------------------------------------------- 
 a)   Name                             Rose Petroleum 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                     Options over 
       the Financial                       ordinary shares 
       instrument, type                    of 0.5p 
       of instrument 
--- 
      Identification                   GB00B013M672 
       code 
---  -------------------------------  ------------------------------- 
 b)   Nature of the                      Grant of Options 
       transaction 
---  -------------------------------  ------------------------------- 
 c)   Price(s) and volume(s)            Price(s)          Volume(s) 
                                        ----------------  ----------- 
                                         Exercise price 
                                          0.14 pence 
                                          per share        15,000,000 
                                        ----------------  ----------- 
---  -------------------------------  ------------------------------- 
 d)   Aggregated information:           n/a 
       Aggregated volume 
       Price 
---  -------------------------------  ------------------------------- 
 e)   Date of the transaction          24 March 2017 
---  -------------------------------  ------------------------------- 
 f)   Place of the transaction         London Stock Exchange, 
                                        AIM Market (XLON) 
---  -------------------------------  ------------------------------- 
 

This information is provided by RNS

The company news service from the London Stock Exchange

END

MSCSESFELFWSEED

(END) Dow Jones Newswires

March 24, 2017 08:23 ET (12:23 GMT)

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