Ironveld PLC Grant of Share Options (4818Z)
10 Gennaio 2020 - 1:45PM
UK Regulatory
TIDMIRON
RNS Number : 4818Z
Ironveld PLC
10 January 2020
10 January 2020
IRONVELD PLC
("Ironveld" or the "Company")
Grant of Share Options
Ironveld plc announces that on 10 January 2020 the Company's
Remuneration Committee granted options to Martin Eales, Chief
Executive Officer, over 27,400,000 new ordinary shares of 1 pence
each, representing 4.18 per cent of the current issued share
capital of the Company, under the Long Term Incentive Plan approved
at the General Meeting held on 15 August 2012.
The options have an exercise price of 1 pence and vest in two
equal tranches: 50 per cent immediately and 50 per cent 12 months
following the award. The options expire on the 10(th) anniversary
of the grant.
The information set out below is provided in accordance with the
requirements of Article 19(3) of the Market Abuse Regulation (EU)
No 596/2014.
1. Details of the person discharging managerial responsibilities
/ person closely associated
a) Name Martin Eales
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2. Reason for the Notification
----------------------------------------------------------------------
a) Position/status Chief Executive Officer
------------------------------- -------------------------------------
b) Initial notification/Amendment Initial
------------------------------- -------------------------------------
3. Details of the issuer, emission allowance market participant,
auction platform, auctioneer or auction monitor
----------------------------------------------------------------------
a) Name Ironveld Plc
------------------------------- -------------------------------------
b) LEI 2138004LU52LQBNXG604
------------------------------- -------------------------------------
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 Ordinary Shares of 1 pence
Financial instrument,
type of instrument
Identification code GB0030426455
------------------------------- -------------------------------------
b) Nature of the transaction Grant of share options to PDMR under
the Ironveld Long Term Incentive
Plan with an exercise price of 1
pence per share.
------------------------------- -------------------------------------
c) Price(s) and volume(s) Price(s) Volume(s)
n/a 27,400,000
-----------
------------------------------- -------------------------------------
d) Aggregated information: See above
* Aggregated volume
* Price
------------------------------- -------------------------------------
e) Date of the transaction 10 January 2020
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f) Place of the transaction Outside trading venue
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For further information, please contact:
Ironveld plc c/o Blytheweigh
Giles Clarke, Chairman +44 20 7138 3204
Martin Eales, Chief Executive Officer
finnCap (Nomad and Broker)
Christopher Raggett / Hannah Boros +44 20 7220 0500
Blytheweigh
Tim Blythe / Megan Ray +44 20 7138 3204
This information is provided by RNS, the news service of the
London Stock Exchange. RNS is approved by the Financial Conduct
Authority to act as a Primary Information Provider in the United
Kingdom. Terms and conditions relating to the use and distribution
of this information may apply. For further information, please
contact rns@lseg.com or visit www.rns.com.
END
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January 10, 2020 07:45 ET (12:45 GMT)
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