Business
Grant of New Share Options and PDMR Disclosures
Kavango Resources plc has announced the grant of 90,000,000 share options to Directors and PDMRs, and 150,000,000 share options to employees and consultants, all exercisable at 1 pence per Ordinary Share, vesting after three years and valid for ten years. This includes grants to PDMRs Alexandra Gorman, Donald McAlister, Hillary Gumbo, and Gautam Dalal, with specific volumes detailed for each. The transactions occurred off-market on January 7, 2026. Disclaimer*
About this update from Kavango Resources Plc
[{"type":"text","content":"\n\n7 January 2026\nKavango Resources plc\n(\"Kavango\" or the \"Company\")\nGrant of New Share Options and PDMR Disclosures\n \nKavango Resources plc (LSE: KAV, VFEX: KAV.VX), the Southern Africa focused metals exploration and gold production company, announces Kavango's Board of Directors (\"the Board\") has approved the grant of 90,000,000 share options to Directors and PDMRs of the Company (the \"Director Options\") and 150,000,000 share options to employees and consultants of the Company and its subsidiaries (the \"Other Options\").\nMore information on the terms of the option grants is provided below.\nThe Director Options are exercisable at a price of 1 pence (\"p\") per Ordinary Share, vesting after three years and for a period of 10 years.\nThe Other Options are exercisable at a price of 1p per Ordinary Share, vesting after three years, for a period of 10 years. \nThe information below is set out in accordance with the requirements of the UK Market Abuse Regulation.\n\n\n\n\n1 \n\n\nDetails of PDMR/person closely associated with them (\"PCA\") \n\n\n\n\na) \n\n\nName \n\n\na) Alexandra Gorman\n\n\n\n\n\n\n\nb) Donald McAlister\n\n\n\n\n\n\n\nc) Hillary Gumbo\n\n\n\n\n\n\n\nd) Gautam Dalal\n\n\n\n\n2 \n\n\nReason for the notification \n\n\n\n\na)\n\n\nPosition/status\n\n\na) PDMR/Director\n\n\n\n\n\n\n\nb) PDMR/Director\n\n\n\n\n\n\n\nc) PDMR/Director\n\n\n\n\n\n\n\nd) PDMR/Director\n\n\n\n\nb) \n\n\nInitial notification /Amendment \n\n\nInitial Notification\n\n\n\n\n3\n\n\nDetails of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor \n\n\n\n\n \n\n\n\n\na) \n\n\nName \n\n\nKavango Resources PLC\n\n\n\n\nb) \n\n\nLEI \n\n\n2138007PZJFATXWUTS29\n\n\n\n\n4\n\n\nDetails 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\n\n\n\n\n \n\n\n\n\na)\n\n\nDescription of the financial instrument, type of instrument\n\n\nOrdinary shares\n\n\n\n\nIdentification code\n\n\nISIN: GB00BF0VMV24\n\n\n\n\nb) \n\n\nNature ...