Europa Oil & Gas (Holdings) plc / Index: AIM / Epic: EOG / Sector: Oil & Gas
9 April 2025
Europa Oil & Gas (Holdings) plc
("Europa" or the "Company")
Award of Options
Europa Oil & Gas (Holdings) plc, the AIM quoted UK, West Africa and Ireland focused oil and gas exploration, development and production company, announces that on 9 April 2025 (the "Grant Date"), under the Company's 2024 EMI scheme, a total of 5,599,840 options were granted over Ordinary Shares.
|
Grantee |
Number of EMI Options Granted |
Exercise Price of EMI Options Granted |
Number of EMI Options already held |
Resultant total number of options held |
|
William Holland |
5,599,840 |
£0.01 |
20,000,000 |
25,599,840 |
The options granted shall vest on the third anniversary of the Grant Date (the "Vesting Date"), expire ten years from the Grant Date, and are subject to a performance condition requiring the volume weighted average share price over the last 20 trading days prior to the Vesting Date to be greater than or equal to 1.25 times the volume weighted average share price over the last 20 trading days prior to the Grant Date.
Following the above-mentioned option award, as of 9 April 2025, the Company has a total of 56,439,840 options outstanding over Ordinary Shares.
* * ENDS * *
For further information, please visit www.europaoil.com or contact:
|
William Holland / Louise Armstrong |
Europa Oil & Gas (Holdings) plc |
mail@europaoil.com |
|
Samantha Harrison / Ciara Donnelly / Elliot Peters |
Grant Thornton UK LLP - Nominated Adviser |
+44 (0) 20 7383 5100 |
|
Peter Krens |
Tennyson Securities |
+44 (0) 20 7186 9033 |
|
Patrick d'Ancona / Finlay Thomson / Kendall Hill / Anna Stacey |
Vigo Consulting |
+44 (0) 20 7390 0230 |
Notification and public disclosure of transactions by persons discharging managerial responsibilities and persons closely associated with them.
|
1 |
Details of the person discharging managerial responsibilities |
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|
a) |
Name |
William Holland |
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|
2 |
Reason for the notification |
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a) |
Position/status |
Chief Executive Officer |
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b) |
Initial notification /Amendment |
Initial notification |
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3 |
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor |
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|
a) |
Name |
EUROPA OIL & GAS (HOLDINGS) PLC |
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|
b) |
LEI |
213800JWTCW7TN3WRC06 |
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|
4 |
Details 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 |
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|
a) |
Description of the financial instrument, type of instrument Identification code |
Ordinary Shares of 1p each GB00B03CJS30 |
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|
b) |
Nature of the transaction |
Grant of Options under EMI scheme |
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|
c) |
Price(s) and volume(s) |
|
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|
d) |
Aggregated information - Aggregated volume - Price |
- 5,599,840 - N/A |
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|
e) |
Date of the transaction |
09/04/2025 |
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|
f) |
Place of the transaction |
Outside a trading venue |
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