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WTE Westmount Energy Limited

1.50
0.00 (0.00%)
19 Apr 2024 - Closed
Delayed by 15 minutes
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
  0.00 0.00% 1.50 1.40 1.60 1.50 1.50 1.50 0.00 07:36:40
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
Offices-holdng Companies,nec -2.7M -2.97M -0.0206 -0.73 2.16M

Westmount Energy Limited Grant of options (2120T)

03/01/2017 12:51pm

UK Regulatory


Westmount Energy (LSE:WTE)
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From Apr 2019 to Apr 2024

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TIDMWTE

RNS Number : 2120T

Westmount Energy Limited

03 January 2017

3 January 2017

Westmount Energy Limited

("Westmount" or the "Company")

Grant of options

Further to the expiry on 31 December 2016 of all outstanding options over Westmount's ordinary shares, the Company is pleased to announce the grant of options over Nil Par Value Ordinary Shares in the Company to the following members of the Westmount Board:

 
 Grantee           No. of ordinary   Exercise Price    Expiration 
                     share options                           Date 
                           granted 
 Mervyn Bradlow            500,000        7.5 pence   31 December 
                                          per share          2019 
 Gerard Walsh              500,000        7.5 pence   31 December 
                                          per share          2019 
 Thomas O'Gorman           500,000        7.5 pence   31 December 
                                          per share          2019 
 David King                250,000        7.5 pence   31 December 
                                          per share          2019 
 

Subject to the continued employment of the Grantee, the Share Options may, at any time before their expiry, be exercised in whole or in multiples of not less than 5,000 Nil Par Value Ordinary Shares in the Company. However, no Ordinary share issued as a result of any such exercise shall normally be sold before 31 December 2017 (except if certain conditions are met, including a takeover or change of control of the Company).

For further information, please contact:

 
 Westmount Energy Limited             www.westmountenergy.com 
 David King, Director                 Tel: +44 (0)1534 
                                       823028 
 
 
 
 Cenkos Securities plc Nomad and          Tel: +44 (0)20 
  Broker                                     7397 8900 
 Nicholas Wells / Elizabeth Bowman 
  (Corporate Finance) 
 

ANNEX

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                            Mervyn Bradlow 
----  ------------------------------  -------------------------------------- 
 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                             N/A 
----  ------------------------------  -------------------------------------- 
 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                  Options over Nil Par Value 
        the financial                   Ordinary Shares in the Company 
        instrument, type 
        of instrument 
---- 
 
       Identification                  ISIN: GB00B0S5KR31 
        code 
 
 b)    Nature of the                   Grant of options 
        transaction 
----  ------------------------------  -------------------------------------- 
 c)    Price(s) and volume(s) 
----                                   -----------------  ---------------- 
                                        Price(s)           Volume(s) 
----                                   -----------------  ---------------- 
    NIL                                                    500,000 
   -----------------------------------------------------  ---------------- 
 
 d)    Aggregated information          N/A 
---- 
 
  - Aggregated volume 
 
  - Price 
 
 e)    Date of the transaction         3 January 2017 
----  ------------------------------  -------------------------------------- 
 f)    Place of the transaction        Outside of trading venue 
----  ------------------------------  -------------------------------------- 
 
 
 1     Details of the person discharging managerial 
        responsibilities / person closely associated 
----  ---------------------------------------------------------------------- 
 a)    Name                            Gerard Walsh 
----  ------------------------------  -------------------------------------- 
 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                             N/A 
----  ------------------------------  -------------------------------------- 
 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                  Options over Nil Par Value 
        the financial                   Ordinary Shares in the Company 
        instrument, type 
        of instrument 
---- 
 
       Identification                  ISIN: GB00B0S5KR31 
        code 
 
 b)    Nature of the                   Grant of options 
        transaction 
----  ------------------------------  -------------------------------------- 
 c)    Price(s) and volume(s) 
----                                   -----------------  ---------------- 
                                        Price(s)           Volume(s) 
----                                   -----------------  ---------------- 
    NIL                                                    500,000 
   -----------------------------------------------------  ---------------- 
 
 d)    Aggregated information          N/A 
---- 
 
       - Aggregated volume 
 
       - Price 
 
 e)    Date of the transaction         3 January 2017 
----  ------------------------------  -------------------------------------- 
 f)    Place of the transaction        Outside of trading venue 
----  ------------------------------  -------------------------------------- 
 1     Details of the person discharging managerial 
        responsibilities / person closely associated 
----  ---------------------------------------------------------------------- 
 a)    Name                            Thomas 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                             N/A 
----  ------------------------------  -------------------------------------- 
 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                  Options over Nil Par Value 
        the financial                   Ordinary Shares in the Company 
        instrument, type 
        of instrument 
---- 
 
       Identification                  ISIN: GB00B0S5KR31 
        code 
 
 b)    Nature of the                   Grant of options 
        transaction 
----  ------------------------------  -------------------------------------- 
 c)    Price(s) and volume(s) 
----                                   -----------------  ---------------- 
                                        Price(s)           Volume(s) 
----                                   -----------------  ---------------- 
    NIL                                                    500,000 
   -----------------------------------------------------  ---------------- 
 
 d)    Aggregated information          N/A 
---- 
 
       - Aggregated volume 
 
       - Price 
 
 e)    Date of the transaction         3 January 2017 
----  ------------------------------  -------------------------------------- 
 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                 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                             N/A 
----  ------------------------------  -------------------------------------- 
 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                  Options over Nil Par Value 
        the financial                   Ordinary Shares in the Company 
        instrument, type 
        of instrument 
---- 
 
       Identification                  ISIN: GB00B0S5KR31 
        code 
 
 b)    Nature of the                   Grant of options 
        transaction 
----  ------------------------------  -------------------------------------- 
 c)    Price(s) and volume(s) 
----                                   -----------------  ---------------- 
                                        Price(s)           Volume(s) 
----                                   -----------------  ---------------- 
    NIL                                                    250,000 
   -----------------------------------------------------  ---------------- 
 
 d)    Aggregated information          N/A 
---- 
 
  - Aggregated volume 
 
  - Price 
 
 e)    Date of the transaction         3 January 2017 
----  ------------------------------  -------------------------------------- 
 f)    Place of the transaction        Outside of trading venue 
----  ------------------------------  -------------------------------------- 
 

This information is provided by RNS

The company news service from the London Stock Exchange

END

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January 03, 2017 07:51 ET (12:51 GMT)

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