Business
Exercise of Options
Exercise of Options.
About this update from Ariana Resources Plc
[{"type":"text","content":"\n \n \n \n RNS Number : 3889J\n Ariana Resources PLC\n 23 August 2021\n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n 23 August 2021 \n \n \n AIM: AAU\n \n \n \n \n \n Exercise of Options under Employee Share Option Plan\n \n \n \n \n \n Director/PDMR Shareholdings\n \n \n \n \n \n Total Voting Rights\n \n \n \n \n \n Ariana Resources plc (\"Ariana\" or \"the Company\"), the AIM-listed mineral exploration and development company with joint-venture gold mining operations in Europe\n , announces that it \n received exercise notices under the Ariana Resources PLC 2018 Employee Share Option Plan (the \"Notices\") as follows:\n \n \n \n \n \n Name of option holder Number of Shares\n \n \n \n \n \n Christopher Sangster, Director 2,000,000 \n \n \n Michael de Villiers, Chairman 3,000,000\n \n \n William Payne, Director 2,000,000\n \n \n \n \n \n Accordingly, the Company will issue 7,000,000 new ordinary shares in the Company at a price of 1.55p per share to satisfy the total of 7,000,000 options set out in the Notices (\"Option Shares\").\n \n \n \n \n \n Application will be made for the Option Shares, which will rank pari passu with all existing ordinary shares, to be admitted to trading on AIM (\"Admission\"). Admission is expected on or around 27 August 2021.\n \n \n \n \n \n Directors' Dealings\n \n \n \n \n \n The Company were also informed of the following:\n \n \n \n \n \n Michael de Villiers, Chairman on 20 August 2021\n \n \n \n \n \n - sold a total of 3,800,000 ordinary shares at an average price of 4.68 pence;\n \n \n - purchased 900,000 ordinary shares in his SIPP at an average price of 4.85 pence.\n \n \n \n \n \n Mrs de Villiers, wife of Michael de Villiers on 20 August 2021\n \n \n \n \n \n - purchased 900,000 ordinary shares in her SIPP at an average price of 4.81 pence.\n \n \n \n \n \n Kerim Sener, Managing Director on 20 August 2021 \n \n \n \n \n \n - purchased 160,000 ordinary shares in his SIPP at 4.78 pence.\n \n \n \n \n \n \n \n \n \n \n \n Following Admission, and the Directors' Dealings as described above, the Directors shareholdings will be as follows:\n \n \n \n \n \n Name of Directo...