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| Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
|---|---|---|---|---|---|
| Westmount Energy Limited | LSE:WTE | London | Ordinary Share | GB00B0S5KR31 | ORD NPV |
| Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
|---|---|---|---|---|---|---|---|---|---|---|
| 0.025 | 1.82% | 1.40 | 1.30 | 1.50 | 1.40 | 1.375 | 1.375 | 600,000 | 14:40:07 |
| Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
|---|---|---|---|---|---|
| Offices-holdng Companies,nec | -2.7M | -2.97M | -0.0206 | -0.68 | 2.02M |
From May 2019 to May 2024
TIDMWTE
RNS Number : 3426V
Westmount Energy Limited
05 April 2019
5 April 2019
Westmount Energy Limited
("Westmount" or the "Company")
Grant of Options
Westmount Energy Limited (AIM: WTE), the energy investment company, is pleased to announce the grant of options over nil par value ordinary shares in the Company ("Share Options") to the following directors:
Hot Features
Premium
Director No. of Share Exercise Price Expiration Date
Options granted
Gerard Walsh 500,000 14.00 pence per 31 March 2024
share
Dermot Corcoran 500,000 14.00 pence per 31 March 2024
share
Tom O'Gorman 250,000 14.00 pence per 31 March 2024
share
David King 250,000 14.00 pence per 31 March 2024
share
The Share Options may, at any time before expiry, be exercised in whole or in multiples of not less than 5,000 nil par value ordinary shares in the Company ("Ordinary Shares"). Ordinary Shares issued as a result of any such exercise may be sold (subject to applicable laws and AIM Rules) at any time including, but not limited to, a takeover or change of control of the Company.
Following the above grants, the Directors have beneficial interests in Ordinary Shares and Share Options as noted below:
Director No. of Ordinary Approx. % No. of Share
Shares of Options
Share Capital
Gerard Walsh 8,675,000 13.39 1,000,000
Dermot Corcoran 5,250,000 8.11 1,000,000
Tom O'Gorman 4,650,000 7.18 750,000
David King - - 500,000
In addition to the above, Mr Walsh holds GBP500,000 principal of 10% p.a. convertible unsecured loan notes 2021 in the Company.
For further information, please contact:
Westmount Energy Limited www.westmountenergy.com David King, Director Tel: +44 (0) 1534 823133
Jane Vlahopoulou
Cenkos Securities plc (Nomad and Broker)
Nicholas Wells Tel: +44 (0) 20 7397 8900
Harry Hargreaves
Template for 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) Name Gerard Walsh
--------------------------------------- -----------------------------------------
2 Reason for the notification
----------------------------------------------------------------------------------
a) Position/status Chairman
--------------------------------------- -----------------------------------------
b) Initial notification Initial notification
/Amendment
--------------------------------------- -----------------------------------------
3 Details of the issuer, emission allowance market participant,
auction platform, auctioneer or auction monitor
----------------------------------------------------------------------------------
a) Name Westmount Energy Limited
--------------------------------------- -----------------------------------------
b) LEI 213800GJISWVBB5S3L84
--------------------------------------- -----------------------------------------
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 Options over ordinary shares of no
financial instrument, par value
type of instrument
Identification code ISIN: GB00B0S5KR31
--------------------------------------- -----------------------------------------
b) Nature of the transaction Grant of options
--------------------------------------- -----------------------------------------
c) Price(s) and volume(s)
------------------ ------------------
Price(s) Volume(s)
------------------ ------------------
- 500,000
--------------------------------------------------------------- ------------------
d) Aggregated information
- Aggregated volume 500,000
- Price -
--------------------------------------- ----------------------------------------------
e) Date of the transaction 5 April 2019
--------------------------------------- -----------------------------------------
f) Place of the transaction Outside of trading venue
--------------------------------------- -----------------------------------------
1 Details of the person discharging managerial responsibilities
/ person closely associated
a) Name Dermot Corcoran
--------------------------------------- -----------------------------------------
2 Reason for the notification
----------------------------------------------------------------------------------
a) Position/status Director
--------------------------------------- -----------------------------------------
b) Initial notification Initial notification
/Amendment
--------------------------------------- -----------------------------------------
3 Details of the issuer, emission allowance market participant,
auction platform, auctioneer or auction monitor
----------------------------------------------------------------------------------
a) Name Westmount Energy Limited
--------------------------------------- -----------------------------------------
b) LEI 213800GJISWVBB5S3L84
--------------------------------------- -----------------------------------------
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 Options over ordinary shares of no
financial instrument, par value
type of instrument
Identification code ISIN: GB00B0S5KR31
--------------------------------------- -----------------------------------------
b) Nature of the transaction Grant of options
--------------------------------------- -----------------------------------------
c) Price(s) and volume(s)
------------------ ------------------
Price(s) Volume(s)
------------------ ------------------
- 500,000
--------------------------------------------------------------- ------------------
d) Aggregated information
- Aggregated volume 500,000
- Price -
--------------------------------------- ----------------------------------------------
e) Date of the transaction 5 April 2019
--------------------------------------- -----------------------------------------
f) Place of the transaction Outside of trading venue
--------------------------------------- -----------------------------------------
1 Details of the person discharging managerial responsibilities
/ person closely associated
a) Name Tom O'Gorman
--------------------------------------- -----------------------------------------
2 Reason for the notification
----------------------------------------------------------------------------------
a) Position/status Director
--------------------------------------- -----------------------------------------
b) Initial notification Initial notification
/Amendment
--------------------------------------- -----------------------------------------
3 Details of the issuer, emission allowance market participant,
auction platform, auctioneer or auction monitor
----------------------------------------------------------------------------------
a) Name Westmount Energy Limited
--------------------------------------- -----------------------------------------
b) LEI 213800GJISWVBB5S3L84
--------------------------------------- -----------------------------------------
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 Options over ordinary shares of no
financial instrument, par value
type of instrument
Identification code ISIN: GB00B0S5KR31
--------------------------------------- -----------------------------------------
b) Nature of the transaction Grant of options
--------------------------------------- -----------------------------------------
c) Price(s) and volume(s)
------------------ ------------------
Price(s) Volume(s)
------------------ ------------------
- 250,000
--------------------------------------------------------------- ------------------
d) Aggregated information
- Aggregated volume 250,000
- Price -
--------------------------------------- ----------------------------------------------
e) Date of the transaction 5 April 2019
--------------------------------------- -----------------------------------------
f) Place of the transaction Outside of trading venue
--------------------------------------- -----------------------------------------
1 Details of the person discharging managerial responsibilities
/ person closely associated
a) Name David King
--------------------------------------- -----------------------------------------
2 Reason for the notification
----------------------------------------------------------------------------------
a) Position/status Non-Executive Director
--------------------------------------- -----------------------------------------
b) Initial notification Initial notification
/Amendment
--------------------------------------- -----------------------------------------
3 Details of the issuer, emission allowance market participant,
auction platform, auctioneer or auction monitor
----------------------------------------------------------------------------------
a) Name Westmount Energy Limited
--------------------------------------- -----------------------------------------
b) LEI 213800GJISWVBB5S3L84
--------------------------------------- -----------------------------------------
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 Options over ordinary shares of no
financial instrument, par value
type of instrument
Identification code ISIN: GB00B0S5KR31
--------------------------------------- -----------------------------------------
b) Nature of the transaction Grant of options
--------------------------------------- -----------------------------------------
c) Price(s) and volume(s)
------------------ ------------------
Price(s) Volume(s)
------------------ ------------------
- 250,000
--------------------------------------------------------------- ------------------
d) Aggregated information
- Aggregated volume 250,000
- Price -
--------------------------------------- ----------------------------------------------
e) Date of the transaction 5 April 2019
--------------------------------------- -----------------------------------------
f) Place of the transaction Outside of 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.
END
DSHEELFBKZFLBBK
(END) Dow Jones Newswires
April 05, 2019 11:32 ET (15:32 GMT)
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