Option awards and PDMR Dealing
Updated : 07:00
NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, IN WHOLE OR IN PART, DIRECTLY OR INDIRECTLY IN OR INTO AUSTRALIA, CANADA, JAPAN, THE REPUBLIC OF SOUTH AFRICA, THE UNITED STATES OR ANY OTHER JURISDICTION WHERE TO DO SO WOULD CONSTITUTE A VIOLATION OF THE RELEVANT LAWS OF SUCH JURISDICTION
THIS ANNOUNCEMENT CONTAINS INSIDE INFORMATION FOR THE PURPOSES OF ARTICLE 7 OF REGULATION 2014/596/EU WHICH IS PART OF DOMESTIC UK LAW PURSUANT TO THE MARKET ABUSE (AMENDMENT) (EU EXIT) REGULATIIONS (SI 2019/310) ("UK MAR"). UPON THE PUBLICATION OF THIS ANNOUNCEMENT, THIS INSIDE INFORMATION (AS DEFINED IN UK MAR) IS NOW CONSIDERED TO BE IN THE PUBLIC DOMAIN.
FOR IMMEDIATE RELEASE |
|
PANTHER METALS PLC
("Panther" or the "Company")
(Incorporated in the Isle of Man with company number 009753V)
20th August 2021
Grant of Options and PDMR Dealings
Panther Metals PLC (LSE:PALM) the company focused on mineral exploration in Canada and Australia, announces that following its annual compensartion review, the Remuneration Committee made recommendations to the Board which have been approved by the Board and as a result the Company has granted a total of 4,600,000 options to Directors and staff members.
All of the options have a five year term from date of grant and an exercise price of 15p per share. The options are all subject to the vesting condition of the price of the Company's ordinary shares trading on the London Stock Exchange plc at a volume weighted average price of 30p per share over any period of 10 trading days during the life of the options.
This information set out below is provided in accordance with Article 19(3) of EU Regulation 596/2014.
1. | Details of PDMR / person closely associated | |||||||||||||||
a) | Name | (i) Kerim Sener (ii) Darren Hazelwood (iii) Nicholas O'Reilly (iv) Mitchell Smith (v) Simon Rothschild (vi) Kate Asling | ||||||||||||||
2. | Reason for the notification | |||||||||||||||
a) | Position / status | (i) Non-Executive Chairman (ii) Chief Executive Officer (iii) Non-Exective Director (iv) Chief Operations Officer (v) Non-Exective Director (vi) Non-Executive Director | ||||||||||||||
b) | Initial notification /amendment | Initial notification | ||||||||||||||
3. | Details of the issuer | |||||||||||||||
a) | Name | Panther Metals plc | ||||||||||||||
b) | LEI | 213800FE99O4CN3DJU27 | ||||||||||||||
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 | |||||||||||||||
a) | Description of the financial instrument | Ordinary Shares of no par value | ||||||||||||||
b) | Identification code of the Financial Instrument | ISIN for Panther Metals plc: IM00BKDM2T52 | ||||||||||||||
c) | Nature of the transaction | Grant of options | ||||||||||||||
d) | Price(s) and volume(s) |
| ||||||||||||||
f) | Date of the transaction | 19 August 2021 | ||||||||||||||
g) | Place of the transaction | XLON | ||||||||||||||
This announcement contains inside information for the purposes of Article 7 of EU Regulation 596/2014.
For the purposes of UK MAR, the person responsible for arranging for the release of this announcement on behalf of Panther is Darren Hazelwood, Chief Executive Officer.
For further information please contact:
Panther Metals PLC:
Darren Hazelwood, Chief Executive Officer: +44(0) 1462 429 743
+44(0) 7971 957 685
Mitchell Smith, Chief Operating Officer: +1(604) 209 6678
Broker:
SI Capital Limited
Nick Emerson +44(0) 1438 416 500
RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.