17th June 2024
Clontarf Energy
plc
("Clontarf" or "the
Company")
Grant of Share
Options
Clontarf Energy plc (AIM:
CLON) is pleased to announce that the
following long-term, incentive share options have been granted
over, in aggregate, 160,000,000 ordinary shares of 0.01p each in
the Company ("Ordinary Shares") (the "Options").
The Options vest in 3 months, have
an exercise price of .0385p and an expiry date of 15th
June 2031. The exercise price is the closing price on
14th June 2024, being the last trading day before the
award of the Options.
The Options have been awarded as
follows:
Director/PDMR
Number of
Options
granted
David Horgan,
Chairman
60,000,000
------------------------
Peter O'Toole, Non-Executive
Director
40,000,000
------------------------
James Finn, Financial Director and
Company Secretary 40,000,000
------------------------
Dipti Mehta, Financial Controller
20,000,000
-------------------------
Following the grant of Options, a
total of 820,500,00 long-term, incentive options are outstanding,
representing approximately 11.41% of the Company's issued share
capital.
ENDS
For
further information please visit http://clontarfenergy.com
or contact:
|
Clontarf Energy
David Horgan, Chairman
Jim Finn, Director
|
+353 (0)
1 833 2833
|
|
|
|
|
Nominated & Financial Adviser
Strand Hanson Limited
Rory Murphy
Ritchie Balmer
|
+44 (0)
20 7409 3494
|
|
Broker
Novum Securities Limited
Colin Rowbury
|
+44 (0) 207 399 9400
|
|
|
|
|
Public Relations
BlytheRay
Megan Ray
|
+44 (0)
207 138 3206
|
|
Teneo
Luke Hogg
Alan Tyrrell
Fia Long
Alan Reynolds
|
+353 (0) 1
661 4055
|
|
1.
|
Details of the person discharging managerial responsibilities
/ person closely associated
|
|
a)
|
Name
|
David Horgan
|
|
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
|
Clontarf Energy plc
|
|
b)
|
LEI
|
213800NKZVQUY8I72R68
|
|
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, type of instrument
|
Share Options over Ordinary
Shares
|
|
Identification code
|
GB00B09WLX62
|
|
b)
|
Nature of the Transaction
|
Grant of Options
|
|
c)
|
Price(s) and volume(s)
|
|
Price(s)
|
Volume(s)
|
|
£.000385
|
60,000,000
|
|
|
|
|
|
d)
|
Aggregated information
Aggregated volume Price
|
N/A (Single Transaction)
|
|
e)
|
Date of the
transaction
|
14th June 2024
|
|
f)
|
Place of the transaction
|
Outside of a trading venue
|
|
1.
|
Details of the person discharging managerial responsibilities
/ person closely associated
|
|
a)
|
Name
|
Peter O'Toole
|
|
2.
|
Reason for the Notification
|
|
a)
|
Position/status
|
Non-Executive Director
|
|
b)
|
Initial
notification/amendment
|
Initial notification
|
|
3.
|
Details of the issuer, emission allowance market participant,
auction platform, auctioneer or auction monitor
|
|
a)
|
Name
|
Clontarf Energy plc
|
|
b)
|
LEI
|
213800NKZVQUY8I72R68
|
|
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, type of instrument
|
Share options over Ordinary
Shares
|
|
Identification code
|
GB00B09WLX62
|
|
b)
|
Nature of the Transaction
|
Grant of Options
|
|
c)
|
Price(s) and volume(s)
|
|
Price(s)
|
Volume(s)
|
|
£.000385
|
40,000,000
|
|
|
|
|
|
d)
|
Aggregated information
Aggregated volume Price
|
N/A (Single Transaction)
|
|
e)
|
Date of the
transaction
|
14th June 2024
|
|
f)
|
Place of the transaction
|
Outside of a trading venue
|
|
1.
|
Details of the person discharging managerial responsibilities
/ person closely associated
|
|
a)
|
Name
|
James Finn
|
|
2.
|
Reason for the Notification
|
|
a)
|
Position/status
|
Financial Director and Company
Secretary
|
|
b)
|
Initial
notification/amendment
|
Initial notification
|
|
3.
|
Details of the issuer, emission allowance market participant,
auction platform, auctioneer or auction monitor
|
|
a)
|
Name
|
Clontarf Energy plc
|
|
b)
|
LEI
|
213800NKZVQUY8I72R68
|
|
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, type of instrument
|
Share options over Ordinary
Shares
|
|
Identification code
|
GB00B09WLX62
|
|
b)
|
Nature of the Transaction
|
Grant of Options
|
|
c)
|
Price(s) and volume(s)
|
|
Price(s)
|
Volume(s)
|
|
£.000385
|
40,000,000
|
|
|
|
|
|
d)
|
Aggregated information
Aggregated volume Price
|
N/A (Single Transaction)
|
|
e)
|
Date of the
transaction
|
14th June 2024
|
|
f)
|
Place of the transaction
|
Outside of a trading venue
|
|
1.
|
Details of the person discharging managerial responsibilities
/ person closely associated
|
|
a)
|
Name
|
Dipti Mehta
|
|
2.
|
Reason for the Notification
|
|
a)
|
Position/status
|
Financial Controller
|
|
b)
|
Initial
notification/amendment
|
Initial notification
|
|
3.
|
Details of the issuer, emission allowance market participant,
auction platform, auctioneer or auction monitor
|
|
a)
|
Name
|
Clontarf Energy plc
|
|
b)
|
LEI
|
213800NKZVQUY8I72R68
|
|
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, type of instrument
|
Share options over Ordinary
Shares
|
|
Identification code
|
GB00B09WLX62
|
|
b)
|
Nature of the Transaction
|
Grant of Options
|
|
c)
|
Price(s) and volume(s)
|
|
Price(s)
|
Volume(s)
|
|
£.000385
|
20,000,000
|
|
|
|
|
|
d)
|
Aggregated information
Aggregated volume Price
|
N/A (Single Transaction)
|
|
e)
|
Date of the
transaction
|
14th June 2024
|
|
f)
|
Place of the transaction
|
Outside of a trading venue
|