Business
Exercise of options and change to TVR
Exercise of options and change to TVR.
About this update from Kodal Minerals Plc
[{"type":"text","content":"\n \n \n Kodal Minerals Plc / Index: AIM / Epic: KOD / Sector: Mining\n \n \n \n \n \n 20 March 2023\n \n \n \n Kodal Minerals plc\n \n \n \n (\"Kodal Minerals\", \"Kodal\" or the \"Company\")\n \n \n \n \n \n \n \n \n Exercise of Options, Warrants and Performance Share Rights to raise approximately £342,375\n \n \n \n \n Total Voting Rights\n \n \n \n \n \n \n \n \n Kodal Minerals, the mineral exploration and development company focused on lithium and gold assets in West Africa, announces that it has received notices of exercise for options (\"Options\"), warrants (\"Warrants\") and Performance Share Rights from certain directors, senior management and consultants of the Company to subscribe for a total of 106,250,000 new ordinary shares of 0.03125 pence each in the Company (\"New Ordinary Shares\") (together, the \"exercise(s)\"). Total subscription proceeds for the Company from these exercises is approximately £342,375.\n \n \n \n \n \n Following the exercises, the directors will hold the following shareholdings in the Company as a result of exercising Options:\n \n \n \n \n \n \n \n \n \n \n Name\n \n \n \n \n \n \n No. of New Ordinary Shares issued on exercise\n \n \n \n \n \n \n Subscription amount (£)\n \n \n \n \n \n \n Total No. of Ordinary\n \n \n \n \n Shares held following exercise\n \n \n \n \n \n \n Percentage of the enlarged\n \n \n \n \n share capital\n \n \n \n \n \n \n \n Bernard Aylward\n \n \n \n \n 25,000,000\n \n \n \n \n £ 95,000\n \n \n \n \n 246,007,656\n \n \n \n \n 1.45%\n \n \n \n \n \n \n Steven Zaninovich\n \n \n \n \n 30,000,000\n \n \n \n \n £ 114,000\n \n \n \n \n 37,142,857\n \n \n \n \n 0.22%\n \n \n \n \n \n \n Robert Wooldridge\n \n \n \n \n 16,250,000\n \n \n \n \n £ 53,750\n \n \n \n \n 169,973,858\n \n \n \n \n 1.00%\n \n \n \n \n \n \n Charles Joseland\n \n \n \n \n 10,000,000\n \n \n \n \n £ 19,500\n \n \n \n \n 16,250,000\n \n \n \n \n 0.10%\n \n \n \n \n \n \n Qingtao Zeng\n \n \n \n \n 0\n \n \n \n \n £ 0\n \n \n \n \n 6,250,000\n \n \n \n \n 0.04%\n \n \n \n \n \n \n \n \n \n Details of the Options exercises in which directors are interested in are set out in the table at the end of this announcement, which has been provided in accordance with the requirements of the UK Market Abuse Regulation.\n \n \n &n...