TIDMMSMN
RNS Number : 5571F
Mosman Oil and Gas Limited
07 November 2022
7 November 2022
Mosman Oil and Gas Limited
("Mosman" or the "Company")
Notice of Annual General Meeting
Mosman Oil and Gas Limited (AIM: MSMN) the oil exploration,
development, and production company, confirms that the Notice of
Annual General Meeting has been sent to shareholders today.
The Annual General Meeting will be held at 10.00am (AEDT) on 29
November 2022 at 24-26 Kent Street, Millers Point NSW 2000
Australia.
The Notice of Meeting includes Resolution 2, the election of
Nigel Harvey as a nominated director of the Company. Nigel is an
experienced company director, currently on the board of Emperor
Energy (ASX:EMP). He also holds a wholesale Australian Financial
Services Licence ("AFSL"). Nigel has a consulting practice focused
on AFSL compliance. He began his career as a business and finance
journalist in London and the Middle East. He was subsequently an
investment banker in Sydney for several decades predominantly
covering the Asia Pacific region for energy derivatives and
hedging. He held roles with large banks including JP Morgan,
Barclays and Macquarie.
Upon shareholder approval Mr. Harvey is expected to be an
independent non-executive director of the Company.
The Notice also includes Resolutions 3 to 7 which relate to the
Issue of Options to John W Barr - Chairman, Andy Carroll -
Technical Director, John Young - Non Executive Director, Nigel
Harvey (on the basis of the approval of Resolution 2) and Key Staff
and consultants under the Employee Share Option Plan.
A summary of the proposed option issues are set out below.
Resolution Director Number of Expiry Date
Options
3 Mr John W Barr 35,000,000 29 November 2027
---------------------------------- ------------------------ ------------------------------
4 Mr Andrew R Carroll 35,000,000 29 November 2027
---------------------------------- ------------------------ ------------------------------
5 Mr John A Young 10,000,000 29 November 2027
---------------------------------- ------------------------ ------------------------------
6 Mr Nigel Harvey 5,000,000 29 November 2027
---------------------------------- ------------------------ ------------------------------
Key Staff and 5 years from
7 Consultants 20,000,000 date of issue
---------------------------------- ------------------------ ------------------------------
Headline Option terms
Entitlement
Each Option entitles the holder to be issued and allotted one
fully paid ordinary share in the Company upon exercise of that
Option and payment to the Company of the exercise price. The fully
paid ordinary share will rank equally with, and have the same
rights and entitlements as, other ordinary shares in the Company on
issue at the date of allotment of the Option.
Exercise price
AUD $0.0027 per Option
Exercise period
Each Option will expire five (5) Years from the date of
issue
Expiration date
Five (5) Years from the date of issue
The Explanatory Memorandum and Proxy Forms are available on the
Company's website: www.mosmanoilandgas.com .
AIM Disclosures
Mr Nigel Howard Harvey, aged 66, currently holds or has held the
following directorships and partnerships in the last five
years:
Current directorships Previous directorships in the
last 5 years
Emperor Energy Ltd
------------------------------
Charterprime Pty Ltd
Charter Group Holdings Pty Ltd
FX Prop Pty Ltd
Market Praxis Pty Ltd
NHH Investments Pty Ltd
H&M Investments Pty Ltd
Black & Grey Holdings Pty Ltd
Independent Community Living Australia
Ltd
Wavery Action Group N/A
------------------------------
Mr Harvey currently holds no ordinary shares or options in the
Company.
Other than as provided in this announcement, no other
disclosures in relation to Mr Harvey are required under Rule 17 or
Schedule 2 (g) of the AIM Rules for Companies.
Enquiries:
Mosman Oil & Gas Limited NOMAD and Joint Broker
John W Barr, Executive Chairman SP Angel Corporate Finance LLP
Andy Carroll, Technical Director Stuart Gledhill / Richard Hail
jwbarr@mosmanoilandgas.com / Adam Cowl
acarroll@mosmanoilandgas.com +44 (0) 20 3470 0470
Alma PR Joint Broker
Justine James Monecor (London) Ltd trading as
+44 (0) 20 3405 0205 OvalX
+44 (0) 7525 324431 Thomas Smith
mosman@almapr.co.uk 020 7392 1432
Updates on the Company's activities are regularly posted on its
website: www.mosmanoilandgas.com
Notes to editors
Mosman (AIM: MSMN) is an oil exploration, development, and
production company with projects in the US and Australia. Mosman's
strategic objectives remain consistent: to identify opportunities
which will provide operating cash flow and have development upside,
in conjunction with progressing exploration of existing exploration
permits. The Company has several projects in the US. In addition to
exploration projects in the Amadeus Basin in Central Australia.
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 1) John W Barr
2) Andy R Carroll
3) John A Young
----------------------------- ----------------------------------------------
2 Reason for the notification
-----------------------------------------------------------------------------
a) Position/status 1) Executive Chairman
2) Technical Director
3) Non-executive Director
----------------------------- ----------------------------------------------
b) Initial notification/ Initial Notification
Amendment
----------------------------- ----------------------------------------------
3 Details of the issuer, emission allowance market participant,
auction platform, auctioneer or auction monitor
-----------------------------------------------------------------------------
a) Name Mosman Oil and Gas Limited
----------------------------- ----------------------------------------------
b) LEI 213800PWZID9URNNGZ54
----------------------------- ----------------------------------------------
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 Ordinary shares of Mosman Oil and Gas Limited
instrument, type of
instrument AU0000XINET1
Identification code
----------------------------- ----------------------------------------------
b) Nature of the transaction Grant of options
----------------------------- ----------------------------------------------
c) Price(s) and volume(s) Price Volume
1) AUD $0.0027 35,000,000
------------ -----------
2) AUD $0.0027 35,000,000
------------ -----------
3) AUD $0.0027 10,000,000
------------ -----------
----------------------------- ----------------------------------------------
d) Aggregated information Price Volume
- Aggregated volume 1) AUD $0.0027 35,000,000
- Price ------------ -----------
2) AUD $0.0027 35,000,000
------------ -----------
3) AUD $0.0027 10,000,000
------------ -----------
----------------------------- ----------------------------------------------
e) Date of the transaction 7 November 2022
----------------------------- ----------------------------------------------
f) Place of the transaction Outside a trading venue
----------------------------- ----------------------------------------------
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END
NOAEADFXEDPAFFA
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