Business
Management Share Options
Mila Resources Plc has awarded share options to its senior management team, including directors Mark Stephenson, Alastair Goodship, and Jonathan Evans, as part of an equity incentive package designed to conserve cash for exploration. A total of 91,304,348 options have been granted, representing approximately 12% of the company's current issued share capital. These options vest on June 26, 2026, and expire on June 26, 2031, with exercise prices ranging from 1.3p to 3.5p. This move aims to align management incentives with shareholder interests. Disclaimer*
About this update from Mila Resources Plc
Mila Resources Plc / Index: LSE / Epic: MILA / Sector: Natural Resources 26 June 2026 Mila Resources Plc ('Mila' or the 'Company') Management Share Options Mila Resources Plc (LSE: MILA), the gold exploration company, announces that it has awarded the senior management team with share options. The Company places a heavy weighting on its equity incentive package in recognition of the modest cash fees to conserve cash for exploration. The equity incentive package allows the Company to remain competitive and aligned with its shareholders. Share Price Directors Total 1.3p 1.75p 2.5p 3.5p Mark Stephenson 21,739,130 6,521,739 6,521,739 4,347,826 4,347,826 Alastair Goodship 21,739,130 6,521,739 6,521,739 4,347,826 4,347,826 Jonathan Evans 21,739,130 6,521,739 6,521,739 4,347,826 4,347,826 Total 65,217,391 19,565,217 19,565,217 13,043,478 13,043,478 Other senior members of the team have been awarded 26,086,957 options on the same terms as the Directors. The share options vest on 26 June 2026 and expire on 26 June 2031. The total amount of share options awarded is 91,304,348 being approximately 12% of the current issued share capital of the Company. **ENDS** For more information visit www.milaresources.com or contact Mark Stephenson Mila Resources Plc [email protected] Jonathan Evans Tavira Financial Limited +44 (0) 20 7100 5100 Nick Emerson SI Capital +44 (0) 20 3143 0600 Damon Heath Shard Capital Partners LLP +44 (0) 20 3971 7000 Susie Geliher / Charlotte Page St Brides Partners Limited +44 (0) 20 7236 1177 1 Details of the person discharging managerial responsibilities / person closely associated a) Name Mark Stephenson 2 Reason for the notification a) Position/status Chairman b) Initial notification /Amendment Initial notification 3 Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor a) Name Mila Resources plc b) LEI 2138002NANE5WMOA7P09 4 Details of the transaction(s): section to be repeated for (i) ...
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