Alien Metals Limited Grant of Share Options
April 01 2019 - 2:00AM
UK Regulatory
TIDMUFO
ALIEN METALS
Trading Symbols
AIM: UFO
FWB: I3A1
1 April 2019
Alien Metals Ltd
("Alien" or "the Company")
Grant of Share Options
Alien Metals Ltd, the AIM quoted exploration and development company reports
today that following a recommendation of the Nomination & Remuneration
Committee, it has granted options over the Common shares of the Company
("Options") to directors and employees under the terms of the Company's EMI
Share Option Plan, which also makes provision for the award of non-EMI share
options, as set out below.
The Premium as set out below, is by reference to the closing mid-market price
of 0.15 pence on 29 March 2019, and ranges from 20% to 67%.
Peter Taylor (Chief Executive Officer)
No. EMI Options Exercise Price Exercisable from Exercisable to
(pence)
5,000,000 0.180 (20% 29 March 2019 28 March 2024
Premium)
5,000,000 0.189 (26% 29 June 2019 28 March 2024
Premium)
10,000,000 0.227 (51% 29 September 28 March 2024
Premium) 2019
Dan Smith (Non-Executive Director)
No. Unapproved Exercise Price Exercisable from Exercisable to
Options (pence)
3,085,627 0.25 (67% Premium) 29 June 2019 28 March 2024
3,085,627 0.25 (67% Premium) 29 September 2019 28 March 2024
6,171,255 0.25 (67% Premium) 29 March 2020 28 March 2024
James Cable (Independent Non-Executive Director)
No. Unapproved Options Exercise Price Exercisable from Exercisable to
(pence)
1,100,000 0.25 (67% Premium) 29 March 2019 28 March 2024
Employees
No. EMI Options Exercise Price Exercisable from Exercisable to
(pence)
1,100,000 0.25 (67% Premium) 29 March 2019 28 March 2024
The aggregate number of share options awarded on 29 March 2019 was 34,542,509,
representing 4.8% of the Companies issued share capital. Under the terms of the
Company's EMI Share Option Plan, Options over 287,089 Common Shares of the
Company remain available.
Following this award of Options, the directors have the following interests in
shares and options of the Company:
Director No. Shares Percentage
Peter Taylor 16,800,000 2.35%
Dennis Edmonds - -
James Cable - -
Chris Gordon - -
Dan Smith - -
Director No. Options Exercise Price Exercisable from Exercisable to
(pence)
Peter Taylor 5,000,000 0.180 29 March 2019 28 March 2024
5,000,000 0.189 29 June 2019 28 March 2024
10,000,000 0.227 29 September 28 March 2024
2019
Dennis Edmonds 17,142,373 0.25 15 May 2018 14 May 2023
James Cable 500,000 1.00 10 February 2017 9 February 2022
1,100,000 0.25 29 March 2019 28 March 2024
Chris Gordon 17,142,373 0.25 15 May 2018 14 May 2023
Dan Smith 3,085,627 0.25 29 June 2019 28 March 2024
3,085,627 0.25 29 September 28 March 2024
6,171,255 0.25 2019 28 March 2024
29 March 2020
This announcement contains inside information for the purposes of Article 7 of
Regulation (EU) 596/2014.
For further information please visit the Company's website at
www.alienmetals.uk , or contact:
Alien Metals Limited Yellow Jersey PR Limited
Dennis Edmonds, Executive Chairman Felicity Winkles/Annabel Atkins
David Taylor, Company Secretary Tel: +44 (0)774 884 3871
Tel: +44 (0)20 7887 6599
Beaumont Cornish Limited (Nomad) First Equity Limited (Broker)
James Biddle/ Roland Cornish Jason Robertson
www.beaumontcornish.com Tel +44 (0)20 7374 2212
Tel: +44 (0) 207 628 3396
Notes to Editors
Alien Metals Limited is an AIM quoted mining exploration and development
company. Since the recomposition of the Board and company name change in 2018,
Alien has focused on delivering its strategy of acquiring mining projects which
demonstrate significant development upside, in jurisdictions with established
infrastructure and mining codes, where strong operational controls can be
assured.
In addition to its acquisition led strategy, the Board has commenced a
strategic review of the Company's established portfolio of silver exploration
projects in Mexico covering an area of approximately 1,500 hectares, to
identify opportunities for their development and/or monetisation.
END
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