Clontarf Energy PLC Grant of Share Options

RNS Number : 4675G

Clontarf Energy PLC

01 October 2024

 

 

1^st October 2024

 

Clontarf Energy plc

("Clontarf" or "the Company")

 

Grant of Share Options

 

Clontarf Energy plc (AIM: CLON) is pleased to announce that the following long-term, incentive share options have been granted over, in aggregate, 160,000,000 ordinary shares of 0.01p each in the Company ("Ordinary Shares") (the "Options").

 

The Options vest in three months from the issue date, have an exercise price of 0.06p and an expiry date of 26^th September 2031. The exercise price is equal to the closing price on 27^th September 2024, being the last trading day before the award of the Options.

 

The Options have been awarded as follows:

 

 

 Director/PDMR                                                                             Number of Options

                                                                                                  granted

David Horgan, Chairman                                                             60,000,000

                                                                                                 ------------------------

Peter O'Toole, Non-Executive Director                                       40,000,000

                                                                                                 ------------------------

James Finn, Financial Director and Company Secretary             40,000,000

                                                                                                 ------------------------    

Dipti Mehta, Financial Controller                                                 20,000,000

                                                                                                -------------------------

 

Following the grant of Options, a total of 980,500,000 long-term, incentive options are outstanding, representing approximately 11.97% of the Company's issued share capital.

 

ENDS

 

 

 

 

 

 

 

 

 

 

For further information please visit http://clontarfenergy.com or contact:

 

Clontarf Energy David Horgan, Chairman Jim Finn, Director	[phone]
Nominated & Financial Adviser Strand Hanson Limited Rory Murphy Ritchie Balmer	[phone]
Broker Novum Securities Limited Colin Rowbury	[phone]
Public Relations BlytheRay Megan Ray	[phone]
Teneo Luke Hogg Alan Tyrrell Fia Long Alan Reynolds	[phone]

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

1.	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	David Horgan
2.	Reason for the Notification
a)	Position/status	Chairman
b)	Initial notification/amendment	Initial notification
3.	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)	Name	Clontarf Energy plc
b)	LEI	213800NKZVQUY8I72R68
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 the Financial instrument, type of instrument	Share Options over Ordinary Shares
	Identification code	GB00B09WLX62
b)	Nature of the Transaction	Grant of Options
c)	Price(s) and volume(s)	Price(s) Volume(s) £.0006 60,000,000
d)	Aggregated information Aggregated volume Price	N/A (Single Transaction)
e)	Date of the transaction	27th September 2024
f)	Place of the transaction	Outside of a trading venue

 

 

 

1.	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	Peter O'Toole
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	Clontarf Energy plc
b)	LEI	213800NKZVQUY8I72R68
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 the Financial instrument, type of instrument	Share options over Ordinary Shares
	Identification code	GB00B09WLX62
b)	Nature of the Transaction	Grant of Options
c)	Price(s) and volume(s)	Price(s) Volume(s) £.0006 40,000,000
d)	Aggregated information Aggregated volume Price	N/A (Single Transaction)
e)	Date of the transaction	27th September 2024
f)	Place of the transaction	Outside of a trading venue

 

 

 

1.	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	James Finn
2.	Reason for the Notification
a)	Position/status	Financial Director and Company Secretary
b)	Initial notification/amendment	Initial notification
3.	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)	Name	Clontarf Energy plc
b)	LEI	213800NKZVQUY8I72R68
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 the Financial instrument, type of instrument	Share options over Ordinary Shares
	Identification code	GB00B09WLX62
b)	Nature of the Transaction	Grant of Options
c)	Price(s) and volume(s)	Price(s) Volume(s) £.0006 40,000,000
d)	Aggregated information Aggregated volume Price	N/A (Single Transaction)
e)	Date of the transaction	27th September 2024
f)	Place of the transaction	Outside of a trading venue

 

 

 

1.	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	Dipti Mehta
2.	Reason for the Notification
a)	Position/status	Financial Controller
b)	Initial notification/amendment	Initial notification
3.	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)	Name	Clontarf Energy plc
b)	LEI	213800NKZVQUY8I72R68
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 the Financial instrument, type of instrument	Share options over Ordinary Shares
	Identification code	GB00B09WLX62
b)	Nature of the Transaction	Grant of Options
c)	Price(s) and volume(s)	Price(s) Volume(s) £.0006 20,000,000
d)	Aggregated information Aggregated volume Price	N/A (Single Transaction)
e)	Date of the transaction	27th September 2024
f)	Place of the transaction	Outside of a trading venue

 

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