Business
Issuance of Share Options to Directors and Em...
Issuance of Share Options to Directors and Em....
About this update from Anglesey Mining Plc
[{"type":"text","content":"\n\n \n \n\n\n\n\n Trading SymbolAIM: AYM 9 May 2025 Anglesey Mining plc(“Anglesey” or “the Company”) Issuance of Share Options to Directors and Employees Anglesey Mining plc (AIM:AYM), the UK minerals development company, announces that the Board has approved the issuance of options to directors and employees of the Company.The Company’s policy on director and executive compensation is to provide compensation to directors and management to ensure directors and senior management are appropriately compensated, motivated and retained. It is considered important that the contribution of directors be recognised and that directors be incentivised to help move the Company forward. Today's award of share options (the “Options”) to the directors and employees will have an exercise price of 1.2 pence, representing a premium of approx. 41% to the closing share price of 0.85p on 8 May. A total of 12,100,000 Options have been granted to directors and employees. The Options are exercisable upon grant and will lapse on 30 September 2032. The Options have been issued under the Company's existing Share Option Scheme. The award of the Options represents the first issuance of share options to directors and employees since August 2022. The non-executive directors of the Company have waived the payment of cash fees since July 2014. Details of Awards Details of the awards made to Directors are presented in the following table: \t\t\t\t\t\t\t\t\tDirector/PDMR\t\t\t\t\t\t\t\t\tNumber of Options Granted\t\t\t\t\t\t\t\t\tExercise Price per Share Option\t\t\t\t\t\t\t\t\tOptions as a per cent of existing issued share capital1 \t\t\t\t\t\t\t\t\t\t\t\t\tAndrew King\t\t\t\t\t\t\t\t\t3,300,000\t\t\t\t\t\t\t\t\t£0.012\t\t\t\t\t\t\t\t\t0.681%\t\t\t\t\t\t\t\t\t\t\t\t\tRob Marsden\t\t\t\t\t\t\t\t\t4,400,000\t\t\t\t\t\t\t\t\t£0.012\t\t\t\t\t\t\t\t\t0.908%\t\t\t\t\t\t\t\t\t\t\t\t\tDouglas Hall\t\t\t\t\t\t\t\t\t2,200,000\t\t\t\t\t\t\t\t\t£0.012\t\t\t\t\t\t\t\t\t0.454%\t\t\t\t\t\t 1 Existing issued share capital of 484,822,255 ordinary shares Following the grant of the Options, the Company has a total of 21,900,000 Ordinary Shares currently under option pursuant to the Company’s share option schemes. Notification And Public Disclosure Of Transactions By Persons Discharging M...