Business
Long-Term Incentive Awards and PDMR Dealing
Arc Minerals Limited has announced the award of long-term equity incentives to directors and senior management, comprising Restricted Stock Units (RSUs) and Share Options. The RSUs are performance-based with a five-year term, vesting in tranches upon achieving share price targets of 0.8p, 1.2p, and 1.6p, or upon specific discovery, investment, or transaction milestones. Share Options have an exercise price of 0.8p, vesting over three years. These awards represent approximately 4.88% of the company's issued share capital, increasing the total percentage subject to RSUs and Options from 3.11% to 7.99%. The total number of RSUs awarded is 61,000,000 and the total number of Options awarded is 59,000,000. Disclaimer*
About this update from Arc Minerals Limited
9 July 2026 The information contained within this announcement is deemed by the Company to constitute inside information as stipulated under the Market Abuse Regulations (EU) No. 596/2014 (MAR) as in force in the United Kingdom pursuant to the European Union (Withdrawal) Act 2018. Upon the publication of this announcement via Regulatory Information Service (RIS), this inside information will be in the public domain. Arc Minerals Ltd ("Arc" or "the Company") Long-Term Incentive Awards PDMR Dealing Arc Minerals (LSE: ARCM) announces the award of long-term equity incentives to directors and senior management. Long-Term Incentives The Board has approved the award of a combination of Restricted Stock Units and Share Options over ordinary shares in the Company to directors and senior management. Restricted Stock Units ("RSUs") The RSUs granted to Executive Director Rémy Welschinger and senior management are performance-based, have a five-year term and will vest in three equal tranches upon achievement of share price targets of 0.8p, 1.2p and 1.6p or upon achieving certain alternative vesting conditions, as set out below. Any one of the following alternative vesting conditions, if achieved, will result in the immediate vesting of one-third of the RSUs, up to a maximum of 100%: · a qualifying discovery in Zambia, defined as a new resource where at least three holes drilled each assayed more than 25m% CuEq. (e.g. 50m @ 0.5% Cu, or 25m @ 1% Cu); · a qualifying discovery in Botswana, defined as a new resource where at least three holes drilled each assayed more than 10m% CuEq. (e.g. 5m @ 2.0% Cu, or 10m @ 1% Cu); · a new investment in the Company resulting in gross proceeds of at least £3 million, at a premium to the 21-day volume weighted average share price of at least 25%; · The Group completing a value accretive transaction that increases its aggregate economic interest by at least 10 percentage points in any of its mineral assets, including through interests held directly or indirectly by subsidiaries, located in Zambia or Botswana; Any RSUs that do not satisfy the applicable vesting conditions before expiry will lapse. Share Options ("Options") Options have been granted to directors (other than the independent director) and senior mana...
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