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88E 88 Energy Limited

0.09
-0.005 (-5.26%)
11 Dec 2024 - Closed
Delayed by 15 minutes
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

88 Energy Limited Issue of Performance Rights

22/05/2024 1:59pm

RNS Regulatory News


RNS Number : 5069P
88 Energy Limited
22 May 2024
 

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




Fivemark Partners, Investor and Media Relations

 


Michael Vaughan

Tel: +61 (0)422 602 720



EurozHartleys Ltd


Dale Bryan

Tel: +61 (0)8 9268 2829



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



 

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")

1.1    

Name

Ashley Gilbert

1.2    

Position/Status

Managing Director

1.3    

Initial notification / amendment

Initial notification

2       

Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor

2.1    

Name

88 Energy Limited

2.2    

LEI

213800YFW5171TD69V35

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

3.1    

Description of the financial instrument

Identification code

Performance Rights (subject to vesting conditions) over ordinary shares


AU00000088E2

3.2    

Nature of the transaction

Issue of Performance Rights

3.3    

Price(s) and volume(s)

Price(s)

Volume(s)

N/A

37,875,000

3.4    

Aggregated information

·   Aggregated volume

·          Price

 

 

37,875,000 Performance Rights

 

N/A

3.5    

Date of the transaction

 21 May 2024

3.6    

Place of the transaction

Outside of a trading venue

 

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
 
 
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