Business
Grant of Options
Grant of Options.
About this update from Phoenix Copper Ltd. (united Kingdom)
[{"type":"text","content":"\n \n \n \n RNS Number : 8991A\n Phoenix Copper Limited\n 04 June 2021\n \n \n \n Phoenix Copper Limited / Ticker: PXC / Sector: Mining \n 4 June 2021\n \n \n Further to RNS number 7917A which was released at 7:00a.m. on 4 June 2021, Phoenix Copper Limited advises that the vesting period of the Options previously stated, as being 50% after six months and 50% after twelve months, was incorrect. The full corrected announcement is as per below. All other information was correct. \n \n \n \n \n Phoenix Copper Limited\n (\"Phoenix\" or the \"Company\")\n \n \n Grant of Options\n \n \n \n \n \n Phoenix Copper Ltd (AIM: PXC, OTCQX: PXCLF), the AIM quoted USA focused base and precious metals emerging producer and exploration company, announces a grant of options over an aggregate of 2,350,000 ordinary shares of no par value (the \"Options\"). \n All the Options have been granted upon the recommendation of the Company's Remuneration Committee and pursuant to the terms of the Company's Staff Incentive Scheme, which was implemented in June 2017, in conjunction with the Company's Admission to trading on AIM. \n \n \n \n \n \n A total of 1,500,000 Options have been granted to Directors of the Company, as per the table below: \n \n \n \n \n \n \n \n \n Director\n \n \n \n \n Position\n \n \n \n \n Number of Options Granted\n \n \n \n \n \n \n Marcus Edwards-Jones\n \n \n \n \n Executive Chairman\n \n \n \n \n 300,000\n \n \n \n \n \n \n Ryan McDermott\n \n \n \n \n Chief Executive Officer\n \n \n \n \n 300,000\n \n \n \n \n \n \n Richard Wilkins\n \n \n \n \n Chief Financial Officer\n \n \n \n \n 300,000\n \n \n \n \n \n \n Roger Turner\n \n \n \n \n Non-Executive Director\n \n \n \n \n 200,000\n \n \n \n \n \n \n Andre Cohen\n \n \n \n \n Non-Executive Director\n \n \n \n \n 150,000\n \n \n \n \n \n \n Catherine Evans\n \n \n \n \n Non-Executive Director\n \n \n \n \n 150,000\n \n \n \n \n \n \n Jason Riley\n \n \n \n \n Non-Executive Director\n \n \n \n \n 100,000\n \n \n \n \n \n \n \n \n In addition, a total of 450,000 Options have been granted to members of the Company's recently created Advisory Board, as per the table below: \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n Number of Options Granted\n \n \n \n \n \n \n Dennis Thomas \n \n \n \n \n 200,000\n \n \n \n \n \n \n Harr...