Business
Sintana Energy Inc. Announces Grant of Restricted Share Units and Issue of Shares
TORONTO, ON / ACCESS Newswire / January 6, 2026 / Sintana Energy Inc. (TSXV:SEI)(AIM:SEI)(OTCQ...
About this update from Sintana Energy Inc.
[{"type":"text","content":"Sintana Energy Inc. Announces Grant of Restricted Share Units and Issue of SharesTORONTO, ON / ACCESS Newswire / January 6, 2026 / Sintana Energy Inc. (TSXV:SEI)(AIM:SEI)(OTCQX:SEUSF) (\"Sintana\" or the \"Company\") is pleased to announce that its Board of Directors has approved the grant of a total of 7,250,000 restricted share units (\"RSUs\") to several directors and service providers of the Company.In addition, the Company announces that it has received a notice of exercise in respect of stock options over 400,000 common shares of no-par value each in the Company (\"Common Shares\"). The Company is also issuing an aggregate of 2,600,000 Common Shares upon the conversion of RSUs.The Persons Discharging Managerial Responsibilities (\"PDMRs\") who have exercised stock options and/or converted RSUs into Common Shares are as follows:Name of PDMRNumber of RSUs converted into Common SharesNumber of stock options exercisedResultant holding in the CompanyResultant percentage interest in the CompanyKeith Spickelmier(Non-Executive Chairman)800,000300,0006,552,5001.3%Douglas Manner(Non-Executive Director)600,000-5,595,5581.1%Total Voting RightsApplication has been made for admission to trading on the AIM of a total of 3,000,000 new Common Shares of no-par value (\"Admission\"). Admission is expected on 7 January 2025. On Admission, the new Common Shares will rank pari passu with the Company's existing Common Shares. Following Admission, the Company's issued share capital will consist of 513,356,240 Common Shares, with each Common Share carrying the right to one vote. The Company does not hold any Common Shares in treasury.This figure of 513,356,240 Common Shares may therefore be used by shareholders in the Company, as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change in their interest in, the share capital of the Company under the FCA's Disclosure Guidance and Transparency Rules.EnquiriesSintana Energy IncRobert Bose, Chief Executive OfficerEytan Uliel, PresidentJonathan Paterson, IRTel: +1 212 201 4125+1 475 477 9401Zeus - Nomad and Joint BrokerAntonio Bossi / Darshan Patel / George DuxberrySimon Johnson (Broking)Tel: +44 (0) 20 3829 5000Cavendish Capital Markets Limited - Joint BrokerNeil McDonald / Derrick Lee / Pearl KellieTel: +44 (0) 20 3493 8000About S...