TIDMJAY

RNS Number : 5808G

Bluejay Mining PLC

24 July 2019

24 July 2019

Bluejay Mining plc ('Bluejay' or the 'Company')

Grant of Options

Bluejay Mining plc, the AIM and FSE listed company with projects in Greenland and Finland, announces that the Remuneration Committee has agreed to issue options over a total of 16,000,000 ordinary shares of 0.01 pence each in the capital of the Company ("Share Options"). These options will vest immediately and will expire four years following the date of issue.

The details of the options to be granted are set out below:

 
 Exercise price (GBP)      0.10        0.15        0.20 
 Number of options 
  granted                5,200,000   5,200,000   5,600,000 
                        ----------  ----------  ---------- 
 

The Share Options represent in aggregate 1.87% of the existing issued ordinary share capital of the Company and have been issued to key personnel, Persons Discharging Managerial Responsibilities ("PDMRs") and consultants of the Company in line with the Company's ongoing incentive plans.

The breakdown of the options to be granted to PDMRs is set out below:

 
 Name                Position           Number of options   Number of options   Number of 
                                         granted with        granted with        options granted 
                                         an exercise         an exercise         with an exercise 
                                         price of GBP0.10    price of GBP0.15    price of 
                                                                                 GBP0.20 
 Bo Stensgaard       General Manager    1,300,000           1,300,000           1,500,000 
                    -----------------  ------------------  ------------------  ------------------ 
 Eric Sondergaard    Geology Manager    1,000,000           1,000,000           1,200,000 
                    -----------------  ------------------  ------------------  ------------------ 
 Hans Jensen         General Manager    800,000             800,000             800,000 
                    -----------------  ------------------  ------------------  ------------------ 
 

**S**

 
 Roderick McIllree    Bluejay Mining plc            +44 (0) 20 7907 9326 
                      SP Angel Corporate Finance 
 Ewan Leggat           LLP                          +44 (0) 20 3470 0470 
                     ----------------------------  --------------------- 
                      SP Angel Corporate Finance 
 Soltan Tagiev         LLP                          +44 (0) 20 3470 0470 
                     ----------------------------  --------------------- 
                      Hannam & Partners Advisory 
 Andrew Chubb          Ltd.                         +44 (0) 20 7907 8538 
                     ----------------------------  --------------------- 
                      Hannam & Partners Advisory 
 Ingo Hofmaier         Ltd.                         +44 (0) 20 7907 8532 
                     ----------------------------  --------------------- 
 Hugo de Salis        St Brides Partners Ltd        +44 (0) 20 7236 1177 
                     ----------------------------  --------------------- 
 Cosima Akerman       St Brides Partners Ltd        +44 (0) 20 7236 1177 
                     ----------------------------  --------------------- 
 

Market Abuse Regulation (MAR) Disclosure

Certain information contained in this announcement would have been deemed inside information for the purposes of Article 7 of Regulation (EU) No 596/2014 until the release of this announcement.

NOTIFICATION AND PUBLIC DISCLOSURE OF TRANSACTIONS BY PERSONS DISCHARGING MANAGERIAL RESPONSIBILITIES AND PERSONS CLOSELY ASSOCIATED WITH THEM

 
        Details of the person discharging managerial responsibilities/person 
   1.    closely associated 
 a)     Name:                                      Bo Stensgaard 
       -----------------------------------------  ---------------------------- 
 2.     Reason for the notification 
       ----------------------------------------------------------------------- 
 a)     Position/status:                           General Manager 
       -----------------------------------------  ---------------------------- 
 b)     Initial notification/Amendment:            Initial notification 
       -----------------------------------------  ---------------------------- 
 3.     Details of the issuer, emission allowance market participant, 
         auction platform, auctioneer or auction monitor 
       ----------------------------------------------------------------------- 
 a)     Name:                                      Bluejay Mining plc 
       -----------------------------------------  ---------------------------- 
 b)     LEI:                                       213800E9AEFEHFLOVJ19 
       -----------------------------------------  ---------------------------- 
 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,   Share options over ordinary 
         type of instrument:                        shares of GBP0.01 each 
         Identification code:                       GB00BFD3VF20 
       -----------------------------------------  ---------------------------- 
 b)     Nature of the transaction:                 Grant of options over 
                                                    ordinary shares 
       -----------------------------------------  ---------------------------- 
 c)     Price(s) and volume(s):                      Price(s)    Volume(s) 
                                                      GBP0.10     1,300,000 
                                                       GBP0.15     1,300,000 
                                                       GBP0.20     1,500,000 
                                                                 ----------- 
       -----------------------------------------  ---------------------------- 
 d)     Aggregated information:                      Price(s)    Volume(s) 
         Aggregated volume:                           GBP0.10     1,300,000 
         Price:                                        GBP0.15     1,300,000 
                                                       GBP0.20     1,500,000 
                                                                 ----------- 
       -----------------------------------------  ---------------------------- 
 e)     Date of the transaction:                   2019-07-23 
       -----------------------------------------  ---------------------------- 
 f)     Place of the transaction:                  Outside a trading venue 
       -----------------------------------------  ---------------------------- 
 
 
        Details of the person discharging managerial responsibilities/person 
   1.    closely associated 
 a)     Name:                                      Eric Sondergaard 
       -----------------------------------------  ---------------------------- 
 2.     Reason for the notification 
       ----------------------------------------------------------------------- 
 a)     Position/status:                           Geology Manager 
       -----------------------------------------  ---------------------------- 
 b)     Initial notification/Amendment:            Initial notification 
       -----------------------------------------  ---------------------------- 
 3.     Details of the issuer, emission allowance market participant, 
         auction platform, auctioneer or auction monitor 
       ----------------------------------------------------------------------- 
 a)     Name:                                      Bluejay Mining plc 
       -----------------------------------------  ---------------------------- 
 b)     LEI:                                       213800E9AEFEHFLOVJ19 
       -----------------------------------------  ---------------------------- 
 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,   Share options over ordinary 
         type of instrument:                        shares of GBP0.01 each 
         Identification code:                       GB00BFD3VF20 
       -----------------------------------------  ---------------------------- 
 b)     Nature of the transaction:                 Grant of options over 
                                                    ordinary shares 
       -----------------------------------------  ---------------------------- 
 c)     Price(s) and volume(s):                      Price(s)    Volume(s) 
                                                      GBP0.10     1,000,000 
                                                       GBP0.15     1,000,000 
                                                       GBP0.20     1,200,000 
                                                                 ----------- 
       -----------------------------------------  ---------------------------- 
 d)     Aggregated information:                      Price(s)    Volume(s) 
         Aggregated volume:                           GBP0.10     1,000,000 
         Price:                                        GBP0.15     1,000,000 
                                                       GBP0.20     1,200,000 
                                                                 ----------- 
       -----------------------------------------  ---------------------------- 
 e)     Date of the transaction:                   2019-07-23 
       -----------------------------------------  ---------------------------- 
 f)     Place of the transaction:                  Outside a trading venue 
       -----------------------------------------  ---------------------------- 
 
 
        Details of the person discharging managerial responsibilities/person 
   1.    closely associated 
 a)     Name:                                      Hans Jensen 
       -----------------------------------------  ---------------------------- 
 2.     Reason for the notification 
       ----------------------------------------------------------------------- 
 a)     Position/status:                           General Manager 
       -----------------------------------------  ---------------------------- 
 b)     Initial notification/Amendment:            Initial notification 
       -----------------------------------------  ---------------------------- 
 3.     Details of the issuer, emission allowance market participant, 
         auction platform, auctioneer or auction monitor 
       ----------------------------------------------------------------------- 
 a)     Name:                                      Bluejay Mining plc 
       -----------------------------------------  ---------------------------- 
 b)     LEI:                                       213800E9AEFEHFLOVJ19 
       -----------------------------------------  ---------------------------- 
 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,   Share options over ordinary 
         type of instrument:                        shares of GBP0.01 each 
         Identification code:                       GB00BFD3VF20 
       -----------------------------------------  ---------------------------- 
 b)     Nature of the transaction:                 Grant of options over 
                                                    ordinary shares 
       -----------------------------------------  ---------------------------- 
 c)     Price(s) and volume(s):                      Price(s)    Volume(s) 
                                                      GBP0.10     800,000 
                                                       GBP0.15     800,000 
                                                       GBP0.20     800,000 
                                                                 ---------- 
       -----------------------------------------  ---------------------------- 
 d)     Aggregated information:                      Price(s)    Volume(s) 
         Aggregated volume:                           GBP0.10     800,000 
         Price:                                        GBP0.15     800,000 
                                                       GBP0.20     800,000 
                                                                 ---------- 
       -----------------------------------------  ---------------------------- 
 e)     Date of the transaction:                   2019-07-23 
       -----------------------------------------  ---------------------------- 
 f)     Place of the transaction:                  Outside a trading venue 
       -----------------------------------------  ---------------------------- 
 

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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