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Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
---|---|---|---|---|---|
88 Energy Limited | LSE:88E | London | Ordinary Share | AU00000088E2 | ORD NPV (DI) |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
-0.005 | -5.26% | 0.09 | 0.085 | 0.095 | 0.095 | 0.09 | 0.09 | 9,394,490 | 08:00:22 |
Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
---|---|---|---|---|---|
Crude Petroleum & Natural Gs | 0 | -14.44M | -0.0008 | 0.00 | 17.35M |
22 May 2024
88 Energy Limited
Issue of Performance Rights
88 Energy Limited (ASX:88E, AIM:88E, OTC:EEENF) (88 Energy or the Company) confirms that following receipt of shareholder approval for the issue of certain performance rights ("Performance Rights") at the general meeting of the Company held on 11 November 2022 (the "GM"), the Company has now issued a total of 87,475,000 Performance Rights pursuant to the Company's employee incentive scheme.
This includes the issue of 37,875,000 Performance Rights to Ashley Gilbert, Managing Director of the Company. Following this award and the lapse of certain other Performance Rights, Mr Gilbert now holds a total of 116,098,333 performance rights (subject to vesting conditions).
Further details of the Performance Rights are set out in the notice of meeting for the GM which is available on the Company's website www.88energy.com.
This announcement has been authorised by the Board.
Media and Investor Relations:
88 Energy Ltd Ashley Gilbert, Managing Director Tel: +61 (0)8 9485 0990 Email:investor-relations@88energy.com |
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Fivemark Partners, Investor and Media Relations
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Michael Vaughan |
Tel: +61 (0)422 602 720 |
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EurozHartleys Ltd |
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Dale Bryan |
Tel: +61 (0)8 9268 2829 |
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Cavendish Capital Markets Limited |
Tel: +44 (0)207 220 0500 |
Derrick Lee |
Tel: +44 (0)131 220 6939 |
Pearl Kellie |
Tel: +44 (0)131 220 9775 |
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The information in the below notification is disclosed in accordance with Article 19 of the EU Market Abuse Regulation.
1 |
Details of PDMR/person closely associated with them ("PCA") |
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1.1 |
Name |
Ashley Gilbert |
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1.2 |
Position/Status |
Managing Director |
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1.3 |
Initial notification / amendment |
Initial notification |
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2 |
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor |
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2.1 |
Name |
88 Energy Limited |
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2.2 |
LEI |
213800YFW5171TD69V35 |
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3 |
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 |
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3.1 |
Description of the financial instrument Identification code |
Performance Rights (subject to vesting conditions) over ordinary shares
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3.2 |
Nature of the transaction |
Issue of Performance Rights |
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3.3 |
Price(s) and volume(s) |
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3.4 |
Aggregated information · Aggregated volume · Price |
37,875,000 Performance Rights
N/A |
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3.5 |
Date of the transaction |
21 May 2024 |
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3.6 |
Place of the transaction |
Outside of a trading venue |
1 Year 88 Energy Chart |
1 Month 88 Energy Chart |
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