SolGold PLC Announces Grant of Share Options
Grant of Share Options
BISHOPSGATE, October 10, 2019 - The Board of SolGold plc (SolGold or the Company) wishes to advise of the grant of 3,150,000 unlisted options over ordinary shares of the Company to a nominee of Mr Liam Twigger, a Director of SolGold, following approval granted by shareholders at the Company's AGM convened on 20 September 2019.
The share options have a strike price of 60 pence each, vesting immediately, and expire on 20 December 2021.
Following the allotment of these share options, the Company has on issue a total of 1,846,321,033 fully-paid ordinary shares, 21,250,000 share options exercisable at 40p and 142,162,000 share options exercisable at 60p.
By order of the Board
Karl Schlobohm
Company Secretary
CONTACTS
| Nicholas Mather SolGold plc (Chief Executive Officer) nmather@solgold.com.au | Tel: +61 (0) 7 3303 0665 +61 (0) 417 880 448 |
| Karl Schlobohm | Tel: +61 (0) 7 3303 0661 |
| Anna Legge | Tel: +44 (0) 20 3823 2131 |
| Gordon Poole / Nick Hennis | Tel: +44 (0) 20 3757 4997 |
| Andrew Chubb | Tel: +44 (0) 20 7907 8500 |
| Ross Allister / David McKeown | Tel: +44 (0)20 7418 8900 |
| James Kofman / Darren Wallace | Tel: +1 416 943 6411 |
Follow us on twitter @SolGold_plc
NOTIFICATION AND PUBLIC DISCLOSURE OF TRANSACTIONS BY PERSONS DISCHARGING MANAGERIAL RESPONSIBILITIES AND PERSONS CLOSELY ASSOCIATED WITH THEM
| 1. | Details of the person discharging managerial responsibilities/person closely associated | ||||||
| a) | Name: | Liam Twigger | |||||
| 2. | Reason for the notification | ||||||
| a) | Position/status: | Director | |||||
| b) | Initial notification/Amendment: | Initial notification | |||||
| 3. | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | ||||||
| a) | Name: | ||||||
| b) | LEI: | 213800HGFADQBMIEVI76 | |||||
| 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: | Options over Ordinary shares of 1p each GB00B0WD0R35 | |||||
| b) | Nature of the transaction: | Issue of options | |||||
| c) | Price(s) and volume(s): |
| |||||
| d) | Aggregated information: Aggregated volume: Price: | Single transaction as in 4 c) above
| |||||
| e) | Date of the transaction | 9 October 2019 07:00am GST | |||||
| f) | Place of the transaction: | Outside of trading venue | |||||
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SOURCE: SolGold plc
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