Business
Grant of Share Options
Grant of Share Options.
About this update from Ironveld Plc
[{"type":"text","content":"\n \n \n \n \n \n28 February 2023\n \n \n \n \n \n \n \n \n \n IRONVELD PLC\n \n \n \n \n (\"Ironveld\" or the \"Company\")\n \n \n \n \n Grant of Share Options\n \n \n \n \n Share Options\n \n \n \n Ironveld plc announces that on 27 February 2023 the Company's Remuneration Committee granted 12,500,000 options to Martin Eales, Chief Executive Officer, and 12,500,000 options to Peter Cox, Technical Director, over new ordinary shares of 0.1 pence each, representing in total 0.86 per cent. of the current issued share capital of the Company under the Company's Long Term Incentive Plan.\n \n \n The options have an exercise price of 0.30 pence and vest in three equal tranches over 36 months from the date of grant. The options expire on the 10th anniversary of the grant.\n \n \n Following these awards the Company has a total of 80,470,001 shares under option, representing 2.78 per cent. of the current issued share capital of the Company.\n \n \n \n \n \n \n \n \n \n For further information, please contact:\n \n \n \n \n \n \n \n \n Ironveld plc\n \n \n \n Giles Clarke, Chairman\n \n \n Martin Eales, Chief Executive Officer\n \n \n \n \n \n \n \n \n \n \n \n \n \n \n c/o BlytheRay\n \n \n +44 20 7138 3204\n \n \n \n \n \n \n \n \n \n \n finnCap (Nomad and Joint Broker)\n \n \n \n Christopher Raggett / Charlie Beeson\n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n +44 20 7220 0500\n \n \n \n \n \n \n \n Turner Pope (Joint Broker)\n \n \n \n Andrew Thacker/James Pope\n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n +44 20 3657 0050\n \n \n \n \n \n \n \n BlytheRay\n \n \n \n Tim Blythe / Megan Ray\n \n \n \n \n \n \n \n \n \n \n \n +44 20 7138 3204\n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n The information set out below is provided in accordance with the requirements of Article 19(3) of the Market Abuse Regulation (EU) No 596/2014.\n \n \n \n Grant of Options\n \n \n \n \n \n \n \n \n 1. \n \n \n \n \n \n \n Details of the person discharging managerial responsibilities / person closely associated\n \n \n \n \n \n \n \n a)\n \n \n \n \n Name\n \n \n \n \n Martin Eales\n \n \n \n \n \n \n \n 2. \n \n \n \n \n \n \n Reason for the Notification\n \n \n \n \n \n \n \n a)\n \n \n \n \n Position/status\n \n \n \n \n Chief Executive Officer\n \n \n \n \n \n \n b)\n ...