We could not find any results for:
Make sure your spelling is correct or try broadening your search.
Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
---|---|---|---|---|---|
Bradda Head Lithium Limited | LSE:BHL | London | Ordinary Share | VGG154091083 | ORD NPV (DI) |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
-0.10 | -5.88% | 1.60 | 1.50 | 1.70 | 1.70 | 1.60 | 1.70 | 490,472 | 15:02:17 |
Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
---|---|---|---|---|---|
Metal Mining Services | 4.52M | -3.89M | -0.0100 | -1.60 | 6.25M |
TIDMBHL
RNS Number : 7833L
Bradda Head Holdings Ltd
15 September 2021
15 September 2021
Bradda Head Holdings Limited
("Bradda Head", "Bradda", or the "Company")
Name Change and Award of Options
Bradda Head (AIM: BHL) is pleased to announce that the Company has decided to change its name as well as awarding members of the Board and management share options.
Name Change
The Company proposes to change its name to Bradda Head Lithium Limited to better reflect the Company's business and focus. The Company's ticker on AIM (BHL) will remain the same post this change, as will the Company's ISIN. Trading on AIM under the new name is expected to become effective from 8.00am on Wednesday 22 September 2021.
Award of Options
As set out in the Company's AIM Admission Document, recognising the performance of members of the management and executive team in recent months, and to additionally incentivise management during the Company's upcoming exploration programme, the Board has resolved to issue 4,000,000 Options to acquire ordinary shares at an exercise price of 9p to management and certain Board members, with the exercise price representing a premium of 20% to the closing share price of 7.5p on 13 September 2021.
Options for management and directors, are subject to the following conditions:
- Options issued vest immediately; - Are exercisable for a period of five years from date of issue; and
- The awards of options should lapse upon any participant no longer being an employee or connected person remunerated by the Company.
Directors and management included in the award are detailed in the table below:
Director Current Options New Options Total Options Held awarded Held Ian Stalker (Chair) 13,000,000 1,250,000 14,250,000 ---------------- ------------ -------------- Charles FitzRoy (CEO) 4,500,000 1,500,000 6,000,000 ---------------- ------------ -------------- Jim Guilinger 1,460,252 500,000 1,960,252 ---------------- ------------ -------------- John Keller - 500,000 500,000 ---------------- ------------ -------------- Piotr Schabik (CFO) 500,000 250,000 750,000 ---------------- ------------ --------------
The total number of Options in the Company is now 23,606,277 representing 7.4% of the Company's fully diluted share capital.
For further information please visit the Company's website: www.braddaheadltd.com
Contact:
Bradda Head Holdings Limited +44 (0) 1624 639 396 Charlie FitzRoy, CEO Denham Eke, Finance Director Beaumont Cornish (Nomad) James Biddle/Roland Cornish +44 20 7220 1666 Peterhouse (Joint Broker) +44 207 469 0930 Charles Goodfellow Duncan Vasey Lucy Williams Shard Capital (Joint Broker) +44 207 186 9927 Isabella Pierre Tavistock (PR) + 44 20 7920 3150 Nick Elwes braddahead@tavistock.co.uk Oliver Lamb Adam Baynes
Notes to Editors
Bradda Head Holdings Ltd is a North America-focused lithium development group. The Company currently has interests in a variety of lithium projects, the most advanced of which are in Central and Western Arizona: the Burro Creek project (Burro Creek East Project, and the Burro Creek West Project) and the Wikieup Project.
The Burro Creek East Project has an estimated an Inferred Mineral Resource (JORC) of 42.6 Mt of lithium bearing clays at an average grade of 818 ppm of lithium for 185,000 tonnes of lithium carbonate equivalent (LCE). The Burro Creek East Project also has additional exploration potential for extensions to the current model of between 50,000 to 300,000 tonnes of lithium carbonate equivalent.
The Group intends to continue to develop its three phase one projects in Arizona, whilst endeavouring to unlock value at its other prospective pegmatite and brine assets in Arizona, Nevada and Pennsylvania.
All Bradda Head's licences are held on a 100% equity basis and are in close proximity to the required infrastructure.
Bradda Head is listed on the AIM market of the London Stock Exchange with the ticker of BHL.
Director and PDMR Shareholding Disclosures
1 Details of the person discharging managerial responsibilities / person closely associated a) Name Ian Stalker -------------------------------- --------------------------------- 2 Reason for notification ------------------------------------------------------------------- a) Position / status Chairman -------------------------------- --------------------------------- b) Initial Notification /Amendment Initial -------------------------------- --------------------------------- 3 Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor ------------------------------------------------------------------- a) Name Bradda Head Holdings Limited -------------------------------- --------------------------------- b) LEI LEI: 213800T879QQXKR2WN54 -------------------------------- --------------------------------- 4 Details of the transaction(s): section to be repeated for (i) each type ofinstrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted ------------------------------------------------------------------- a) Description of the financial Ordinary shares of no par value instrument, type of instrument each Identification code ISIN: VGG154091083 -------------------------------- --------------------------------- b) Nature of the transaction Purchase of shares -------------------------------- --------------------------------- c) Price(s) and volumes(s) Price(s) Volumes(s) 9 pence 1,250,000 ----------- -------------------------------- --------------------------------- d) Aggregated information n/a -------------------------------- --------------------------------- e) Date of the transaction 14 September 2021 -------------------------------- --------------------------------- f) Place of the transaction London Stock Exchange, AIM (LON) -------------------------------- --------------------------------- 1 Details of the person discharging managerial responsibilities / person closely associated a) Name Charles FitzRoy -------------------------------- --------------------------------- 2 Reason for notification ------------------------------------------------------------------- a) Position / status CEO -------------------------------- --------------------------------- b) Initial Notification /Amendment Initial -------------------------------- --------------------------------- 3 Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor ------------------------------------------------------------------- a) Name Bradda Head Holdings Limited -------------------------------- --------------------------------- b) LEI LEI: 213800T879QQXKR2WN54 -------------------------------- --------------------------------- 4 Details of the transaction(s): section to be repeated for (i) each type ofinstrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted ------------------------------------------------------------------- a) Description of the financial Ordinary shares of no par value instrument, type of instrument each Identification code ISIN: VGG154091083 -------------------------------- --------------------------------- b) Nature of the transaction Purchase of shares -------------------------------- --------------------------------- c) Price(s) and volumes(s) Price(s) Volumes(s) 9 pence 1,500,000 ----------- -------------------------------- --------------------------------- d) Aggregated information n/a -------------------------------- --------------------------------- e) Date of the transaction 14 September 2021 -------------------------------- --------------------------------- f) Place of the transaction London Stock Exchange, AIM (LON) -------------------------------- --------------------------------- 1 Details of the person discharging managerial responsibilities / person closely associated a) Name Jim Guilinger -------------------------------- --------------------------------- 2 Reason for notification ------------------------------------------------------------------- a) Position / status COO -------------------------------- --------------------------------- b) Initial Notification /Amendment Initial -------------------------------- --------------------------------- 3 Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor -------------------------------------------------------------------
a) Name Bradda Head Holdings Limited -------------------------------- --------------------------------- b) LEI LEI: 213800T879QQXKR2WN54 -------------------------------- --------------------------------- 4 Details of the transaction(s): section to be repeated for (i) each type ofinstrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted ------------------------------------------------------------------- a) Description of the financial Ordinary shares of no par value instrument, type of instrument each Identification code ISIN: VGG154091083 -------------------------------- --------------------------------- b) Nature of the transaction Purchase of shares -------------------------------- --------------------------------- c) Price(s) and volumes(s) Price(s) Volumes(s) 9 pence 500,000 ----------- -------------------------------- --------------------------------- d) Aggregated information n/a -------------------------------- --------------------------------- e) Date of the transaction 14 September 2021 -------------------------------- --------------------------------- f) Place of the transaction London Stock Exchange, AIM (LON) -------------------------------- --------------------------------- 1 Details of the person discharging managerial responsibilities / person closely associated a) Name John Keller -------------------------------- --------------------------------- 2 Reason for notification ------------------------------------------------------------------- a) Position / status Chief Geologist -------------------------------- --------------------------------- b) Initial Notification /Amendment Initial -------------------------------- --------------------------------- 3 Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor ------------------------------------------------------------------- a) Name Bradda Head Holdings Limited -------------------------------- --------------------------------- b) LEI LEI: 213800T879QQXKR2WN54 -------------------------------- --------------------------------- 4 Details of the transaction(s): section to be repeated for (i) each type ofinstrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted ------------------------------------------------------------------- a) Description of the financial Ordinary shares of no par value instrument, type of instrument each Identification code ISIN: VGG154091083 -------------------------------- --------------------------------- b) Nature of the transaction Purchase of shares -------------------------------- --------------------------------- c) Price(s) and volumes(s) Price(s) Volumes(s) 9 pence 500,000 ----------- -------------------------------- --------------------------------- d) Aggregated information n/a -------------------------------- --------------------------------- e) Date of the transaction 14 September 2021 -------------------------------- --------------------------------- f) Place of the transaction London Stock Exchange, AIM (LON) -------------------------------- --------------------------------- 1 Details of the person discharging managerial responsibilities / person closely associated a) Name Piotr Schabik -------------------------------- --------------------------------- 2 Reason for notification ------------------------------------------------------------------- a) Position / status CFO -------------------------------- --------------------------------- b) Initial Notification /Amendment Initial -------------------------------- --------------------------------- 3 Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor ------------------------------------------------------------------- a) Name Bradda Head Holdings Limited -------------------------------- --------------------------------- b) LEI LEI: 213800T879QQXKR2WN54 -------------------------------- --------------------------------- 4 Details of the transaction(s): section to be repeated for (i) each type ofinstrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted ------------------------------------------------------------------- a) Description of the financial Ordinary shares of no par value instrument, type of instrument each Identification code ISIN: VGG154091083 -------------------------------- --------------------------------- b) Nature of the transaction Purchase of shares -------------------------------- --------------------------------- c) Price(s) and volumes(s) Price(s) Volumes(s) 9 pence 250,000 ----------- -------------------------------- --------------------------------- d) Aggregated information n/a -------------------------------- --------------------------------- e) Date of the transaction 14 September 2021 -------------------------------- --------------------------------- f) Place of the transaction London Stock Exchange, AIM (LON) -------------------------------- ---------------------------------
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
MSCDKQBQCBKDFCD
(END) Dow Jones Newswires
September 15, 2021 02:00 ET (06:00 GMT)
1 Year Bradda Head Lithium Chart |
1 Month Bradda Head Lithium Chart |
It looks like you are not logged in. Click the button below to log in and keep track of your recent history.
Support: +44 (0) 203 8794 460 | support@advfn.com
By accessing the services available at ADVFN you are agreeing to be bound by ADVFN's Terms & Conditions