TomCo Energy PLC Granting of Share Options / PDMR Dealing (8849W)
August 06 2018 - 2:01AM
UK Regulatory
TIDMTOM
RNS Number : 8849W
TomCo Energy PLC
06 August 2018
6 August 2018
TomCo Energy plc (AIM: TOM)
("TomCo" or the "Company")
Granting of Share Options / PDMR Dealing
TomCo Energy plc, the oil shale exploration and development
company focused on using innovative technology to unlock
unconventional hydrocarbon resources, announces it has granted
options to subscribe for, in aggregate, 5,142,855 new ordinary
shares of no par value each in the Company ("Ordinary Shares")
("Options").
The Options have been granted to the Company's Executive
Directors under an Enterprise Management Incentives Share Option
Plan ("EMI Scheme") and to the Company's Non-executive Directors
under an unapproved scheme and have an exercise price of 5.25 pence
per share, being the closing price on the date of grant.
Following this grant of the Options, the Directors will be
interested in the following number of ordinary shares and
options:
Number of Options granted
Number of ordinary and resulting number
Director shares of options held
Andrew Jones 7,670 2,666,666
------------------ -------------------------
John Potter - 1,714,285
------------------ -------------------------
Alexander Benger - 380,952
------------------ -------------------------
Malcolm Groat - 380,952
------------------ -------------------------
The Options are exercisable for five years from the date of
vesting and will vest on the following basis:
-- One-third on or after 30 November 2018;
-- One-third on or after 30 November 2019; and
-- One-third on or after 30 November 2020.
The 5,142,855 Options represent, in aggregate, approximately
8.3% of the Company's current issued share capital.
Enquiries:
TomCo Energy plc
Andrew Jones (Chairman) +44 (0) 20 3823 3635
John Potter (CEO)
Strand Hanson Limited (Nominated Adviser)
James Harris +44 (0) 20 7409 3494
Richard Tulloch
James Dance
SVS Securities plc (Broker)
Tom Curran +44 (0) 20 3700 0093
Ben Tadd
Lionsgate Communications (Financial PR)
Jonathan Charles +44 (0) 20 3697 1209
For further information, please visit www.tomcoenergy.uk.com
This announcement contains inside information for the purposes
of Article 7 of the Market Abuse Regulation (EU) No 596/2014.
The information contained within this announcement is deemed by
the Company to constitute inside information as stipulated under
the Market Abuse Regulations (EU) No. 596/2014.
The notification below, made in accordance with the requirements
of the EU Market Abuse Regulation, provides further detail:
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 ANDREW JONES
--------------------------- -----------------------------------------
2 Reason for the notification
----------------------------------------------------------------------
a) Position/status EXECUTIVE CHAIRMAN
--------------------------- -----------------------------------------
b) Initial notification Initial
/Amendment
--------------------------- -----------------------------------------
3 Details of the issuer, emission allowance market participant,
auction platform, auctioneer or auction monitor
----------------------------------------------------------------------
a) Name TomCo Energy plc
--------------------------- -----------------------------------------
b) LEI 213800FEW97Y1CD38B95
--------------------------- -----------------------------------------
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 no par value
financial instrument,
type of instrument ISIN: IM00BZBXMN96
Identification code
--------------------------- -----------------------------------------
b) Nature of the transaction Grant of share options
--------------------------- -----------------------------------------
c) Price(s) and volume(s) Price(s) Volume(s)
--------------------------- ------------------------------ ---------
Exercise price of 5.25 pence
per share 2,666,666
--------------------------------------------------------------- ---------
d Aggregated information N/A - single transaction
- Aggregated volume
- Price
--------------------------- -----------------------------------------
e) Date of the transactions 3 August 2018
--------------------------- -----------------------------------------
f) Place of the transactions Outside a trading venue
--------------------------- -----------------------------------------
1 Details of the person discharging managerial responsibilities
/ person closely associated
a) Name JOHN POTTER
--------------------------- -----------------------------------------
2 Reason for the notification
----------------------------------------------------------------------
a) Position/status CEO
--------------------------- -----------------------------------------
b) Initial notification Initial
/Amendment
--------------------------- -----------------------------------------
3 Details of the issuer, emission allowance market participant,
auction platform, auctioneer or auction monitor
----------------------------------------------------------------------
a) Name TomCo Energy plc
--------------------------- -----------------------------------------
b) LEI 213800FEW97Y1CD38B95
--------------------------- -----------------------------------------
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 no par value
financial instrument,
type of instrument ISIN: IM00BZBXMN96
Identification code
--------------------------- -----------------------------------------
b) Nature of the transaction Grant of share options
--------------------------- -----------------------------------------
c) Price(s) and volume(s) Price(s) Volume(s)
--------------------------- ------------------------------ ---------
Exercise price of 5.25 pence
per share 1,714,285
--------------------------------------------------------------- ---------
d) Aggregated information N/A - single transaction
- Aggregated volume
- Price
--------------------------- -----------------------------------------
e) Date of the transactions 3 August 2018
--------------------------- -----------------------------------------
f) Place of the transactions Outside a trading venue
--------------------------- -----------------------------------------
1 Details of the person discharging managerial responsibilities
/ person closely associated
a) Name ALEXANDER BENGER
--------------------------- -----------------------------------------
2 Reason for the notification
----------------------------------------------------------------------
a) Position/status NON-EXECUTIVE DIRECTOR
--------------------------- -----------------------------------------
b) Initial notification Initial
/Amendment
--------------------------- -----------------------------------------
3 Details of the issuer, emission allowance market participant,
auction platform, auctioneer or auction monitor
----------------------------------------------------------------------
a) Name TomCo Energy plc
--------------------------- -----------------------------------------
b) LEI 213800FEW97Y1CD38B95
--------------------------- -----------------------------------------
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 conducte
----------------------------------------------------------------------
a) Description of the Ordinary shares of no par value
financial instrument,
type of instrument ISIN: IM00BZBXMN96
Identification code
--------------------------- -----------------------------------------
b) Nature of the transaction Grant of share options
--------------------------- -----------------------------------------
c) Price(s) and volume(s) Price(s) Volume(s)
--------------------------- ------------------------------ ---------
Exercise price of 5.25 pence
per share 380,952
--------------------------------------------------------------- ---------
d) Aggregated information N/A - single transaction
- Aggregated volume
- Price
--------------------------- -----------------------------------------
e) Date of the transactions 3 August 2018
--------------------------- -----------------------------------------
f) Place of the transactions Outside a trading venue
--------------------------- -----------------------------------------
1 Details of the person discharging managerial responsibilities
/ person closely associated
a) Name MALCOLM GROAT
--------------------------- -----------------------------------------
2 Reason for the notification
----------------------------------------------------------------------
a) Position/status NON-EXECUTIVE DIRECTOR
--------------------------- -----------------------------------------
b) Initial notification Initial
/Amendment
--------------------------- -----------------------------------------
3 Details of the issuer, emission allowance market participant,
auction platform, auctioneer or auction monitor
----------------------------------------------------------------------
a) Name TomCo Energy plc
--------------------------- -----------------------------------------
b) LEI 213800FEW97Y1CD38B95
--------------------------- -----------------------------------------
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 no par value
financial instrument,
type of instrument ISIN: IM00BZBXMN96
Identification code
--------------------------- -----------------------------------------
b) Nature of the transaction Grant of share options
--------------------------- -----------------------------------------
c) Price(s) and volume(s) Price(s) Volume(s)
--------------------------- ------------------------------ ---------
Exercise price of 5.25 pence
per share 380,952
--------------------------------------------------------------- ---------
d) Aggregated information N/A - single transaction
- Aggregated volume
- Price
--------------------------- -----------------------------------------
e) Date of the transactions 3 August 2018
--------------------------- -----------------------------------------
f) Place of the transactions 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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