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Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
---|---|---|---|---|---|
Scotgold Resources Limited | LSE:SGZ | London | Ordinary Share | AU000XINEAK5 | ORD NPV (DI) |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
0.00 | 0.00% | 13.00 | 0.00 | 01:00:00 |
Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
---|---|---|---|---|---|
0 | 0 | N/A | 0 |
TIDMSGZ
RNS Number : 2767Y
Scotgold Resources Ltd
11 May 2021
11 May 2021
Scotgold Resources Limited
("Scotgold" or the "Company")
Grant of Options
Scotgold Resources Limited (AIM: SGZ) ("Scotgold" or the "Company") announces that further to its announcement of 26 February 2021 and in line with Mr Phillip Day's terms of employment the Company has granted an unlisted option over 840,000 depositary interests of no par value each in the Company ("Ordinary Shares") with an exercise price of 60p per Ordinary Share and an expiry date of 10 May 2026 (the "Options"). The Options shall vest on 10 May 2024 subject to Mr Day being an employee in good standing of the Company or any controlled entity of the Company at that date.
The Options have been granted under the Enterprise Management Incentive scheme (EMI Scheme) of the Company, and where restrictions apply, the similar "Unapproved Scheme" of the Company. Mr Day constitutes a PDMR for the purpose of the EU Market Abuse Regulation.
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) Full name of person Phillip Day Dealing ------------------------------- ------------------------------ 2. Reason for notification ------------------------------- ------------------------------ (a) Position/status Chief Executive Officer ------------------------------- ------------------------------ (b) Initial notification/ Initial notification Amendment ------------------------------- ------------------------------ 3. Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor ------------------------------- ------------------------------ (a) Name of entity Scotgold Resources Limited ------------------------------- ------------------------------ (b) LEI 213800HL5A2K7LW2G360 ------------------------------- ------------------------------ 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 Ordinary Shares financial instrument, type of instrument ------------------------------- ------------------------------ (b) Identification code AU000XINEAK5 ------------------------------- ------------------------------ (c) Nature of the transaction Grant of Options ------------------------------- ------------------------------ (d) Price(s) and volume(s) Prices(s) Volume(s) 60 pence 840,000 ---------- ------------------------------- ------------------------------ (e) Aggregated information: Single transaction as in 4(d) - Aggregated volume above - Price ------------------------------- ------------------------------ (f) Date of transaction 10 May 2021 ------------------------------- ------------------------------ (g) Place of transaction Outside a Trading Venue ------------------------------- ------------------------------
This announcement contains inside information for the purposes of Article 7 of the Market Abuse Regulation (EU) 596/2014 as it forms part of UK domestic law by virtue of the European Union (Withdrawal) Act 2018 ("MAR"), and is disclosed in accordance with the Company's obligations under Article 17 of MAR.
For further information please contact:
Scotgold Resources SP Angel Corporate Finance St Brides Partners Limited LLP Financial PR Chief Executive Officer Nomad and Broker Susie Geliher / Frank Philip Day Ewan Leggat / Charlie Buhagiar Bouverat Tel +44 (0) 20 3470 0470 Tel +44 (0) 20 7236 1177
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END
DSHFLFESEIILLIL
(END) Dow Jones Newswires
May 11, 2021 10:51 ET (14:51 GMT)
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