26 June 2024
Ecora Resources
PLC
("Ecora"
or the "Company")
Notification of transactions
by Directors, Transfer of Treasury Shares and Total Voting
Rights
Ecora Resources PLC (LSE/TSX: ECOR)
announces that on 25 June 2024 the Company transferred 185,809
ordinary shares of 2 pence each in the Company (the "Shares") out
of treasury (the "Transfer"), to satisfy exercises of options by a
number of employees, including Marc Bishop Lafleche, Chief
Executive Officer and Kevin Flynn, Chief Financial
Officer.
Mr. Bishop Lafleche and Mr. Flynn
exercised 49,903 and 79,565 nil cost option awards (the "Awards")
granted under the Company's Long Term Inventive Plan on 27 May
2021, respectively. The Awards vested on 27 May 2024, following the
assessment of the performance conditions which are disclosed in the
2023 Remuneration Report on page 120 of the 2023 Annual Report and
Accounts, available on the Company's website
www.ecora-resources.com.
Subsequently, Mr. Bishop Lafleche and Mr. Flynn sold 23,549 and
37,546 Shares, respectively, at an average approximate price of
£0.746 per Share, to satisfy income tax associated with the
Awards.
Following the above Transfer, the
Company's issued capital consisted of 261,732,553 Shares, of which
13,134,660 Shares were held in treasury.
Therefore, the total number of
voting rights in the Company is 248,597,893. This number may be
used by shareholders as the denominator for the calculations by
which they will determine if they are required to notify their
interest in, or a change to their interest in, the Company under
the FCA's Disclosure and Transparency Rules.
Director Share Dealings - Further
information
In accordance with Article 19 of the
UK Market Abuse Regulation, the relevant FCA notification is set
out below.
1.
|
Details of the person discharging managerial responsibilities
/ person closely associated
|
a.
|
Name
|
Mr.
Marc Bishop Lafleche
|
2.
|
Reason for the notification
|
a.
|
Position/status
|
Chief Executive Officer of Ecora Resources
PLC
|
b.
|
Initial
notification/Amendment
|
Initial Notification
|
3.
|
Details of the issuer, emission allowance market participant,
auction platform, auctioneer or auction monitor
|
a.
|
Name
|
Ecora Resources PLC
|
b.
|
LEI
|
213800LXSV317746JZ71
|
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
Identification code
|
2p
Ordinary Shares
GB0006449366
|
b.
|
Nature of the transaction
|
Exercise of options, sale of shares
|
c.
|
Price(s) and volume(s)
|
Exercise of options
Price(s)
|
Volume(s)
|
Nil (exercise of options)
|
49,903
|
Sale of shares
Price(s)
|
Volume(s)
|
£0.746
|
23,549
|
|
d.
|
Aggregated information
· Aggregated
volume
· Price
|
See above
|
e.
|
Date of the transaction
|
25
June 2024
|
f.
|
Place of the transaction
|
London Stock Exchange, Main Market
(XLON)
|
1.
|
Details of the person discharging managerial responsibilities
/ person closely associated
|
a.
|
Name
|
Mr.
Kevin Flynn
|
2.
|
Reason for the notification
|
a.
|
Position/status
|
Chief Financial Officer of Ecora Resources
PLC
|
b.
|
Initial
notification/Amendment
|
Initial Notification
|
3.
|
Details of the issuer, emission allowance market participant,
auction platform, auctioneer or auction monitor
|
a.
|
Name
|
Ecora Resources PLC
|
b.
|
LEI
|
213800LXSV317746JZ71
|
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
Identification code
|
2p
Ordinary Shares
GB0006449366
|
b.
|
Nature of the transaction
|
Exercise of options, sale of shares
|
c.
|
Price(s) and volume(s)
|
Exercise of options
Price(s)
|
Volume(s)
|
Nil (exercise of options)
|
79,565
|
Sale of shares
Price(s)
|
Volume(s)
|
£0.746
|
37,546
|
|
d.
|
Aggregated information
· Aggregated
volume
· Price
|
See above
|
e.
|
Date of the transaction
|
25
June 2024
|
f.
|
Place of the transaction
|
London Stock Exchange, Main Market
(XLON)
|
For further information: