Corcel PLC Issue of Shares under Share Incentive Plan (8708A)
May 26 2023 - 12:08PM
UK Regulatory
TIDMCRCL
RNS Number : 8708A
Corcel PLC
26 May 2023
Corcel PLC
("Corcel" or the "Company")
Issue of Shares under Share Incentive Plan -
Director's Dealings - TVR
26 May 2023
Corcel Plc, ("Corcel" or "the Company"), the natural resource
exploration and development company with interests in battery
metals and flexible grid solutions, announces that on 26 May 2023,
the Board of Directors approved the issuance of 3,506,490 ordinary
shares of GBP0.0001 each in the Company ("New Ordinary Shares")
under the Company's Share Incentive Plan ("SIP") for the 2022/23
tax year as agreed in the Trustees meeting held on 5 April
2023.
Director's Participation
In respect of the 2022/23 tax year, Mr. Kaintz has purchased and
been awarded 2,571,426 New Ordinary Shares under the SIP. These
shares issued to Mr. Kaintz have been included in the table below,
which sets out the total shareholding and interests of the Director
in the enlarged share capital of the Company.
Directors New Ordinary Ordinary Shares Total % of Warrants Options
Shares Post Issuance Shares Issued
Share
Capital
Direct Indirect
-------------- ------------- ---------- ----------- ---------- --------- --------- ----------
Scott Kaintz 2,571,426 3,554,550 4,973,975* 8,528,525 0.70% - 9,587,764
-------------- ------------- ---------- ----------- ---------- --------- --------- ----------
* Mr. S. Kaintz is a beneficiary of 4,973,975 shares held on his
behalf by Corcel Plc Share Incentive Plan Trustees.
Admission to Trading on AIM and Total Voting Rights
Application is being made to AIM for 3,506,490 New Ordinary
Shares, allotted in relation to the SIP for 2022/23 tax year, to be
admitted to trading on AIM, the admission of which it is expected
on or around 05 June 2023.
Following admission of the New Ordinary Shares, the Company's
total issued share capital will consist of 1,223,598,121 ordinary
shares, with one voting right per share. The Company does not hold
any shares in treasury. Therefore, the total number of voting
rights in the Company will be 1,223,598,121. The above figure may
be used by shareholders as the denominator for the calculations to
determine if they are required to notify their interests in, or
change to their interest in, the share capital of the Company,
pursuant to the Disclosure Guidance and Transparency Rules of the
Financial Conduct Authority.
For Further Information Contact:
Scott Kaintz 020 7747 9960 Corcel Plc CEO
James Joyce / Andrew de Andrade 0207 220 1666 WH Ireland Ltd NOMAD & Broker
Simon Woods 0207 3900 230 Vigo Consulting IR
This announcement contains inside information for the purposes
of Article 7 of Regulation 2014/596/EU, which is part of domestic
UK law pursuant to the Market Abuse (Amendment) (EU Exit)
regulations (SI 2019/310) and is disclosed in accordance with the
Company's obligations under Article 17.
1 Details of t he p erson disc harging managerial responsib ilities
/ p erson closely associated
a) Name Scott Kaintz
------------------------------ ---------------------------------------------
2 Reason for notification
-----------------------------------------------------------------------------
a) Position / status Executive Director, PDMR
------------------------------ ---------------------------------------------
b) I nitial notification Initial Notification
/Amendment
------------------------------ ---------------------------------------------
3 Details of t he issu er, e mission allow a n ce m a r k et
participan t, au ct ionplat for m, au ction eer or auc tion
monitor
-----------------------------------------------------------------------------
a) Name Corcel Plc
------------------------------ ---------------------------------------------
b) LEI LEI: 2138009ECXQQ3EGKVY57
------------------------------ ---------------------------------------------
4 Details of t he t ransact ion (s): section to be re p eated
for ( i) e a ch type ofinstr u m e n t; (ii) each type of transac
tion; (iii) each date; and ( iv) each place w h ere transactions
have b een condu cted
-----------------------------------------------------------------------------
a) Description of the Ordinary shares of GBP0.0001 each in Corcel
financial instrument, Plc
t ype of instrument
I d e ntification ISIN GB00BKM69866
code
------------------------------ ---------------------------------------------
Nature of the transaction Issue of ordinary shares under Corcel Plc
Share Incentive Plan
------------------------------ ---------------------------------------------
c) Price(s) and volumes(s) Name(s) Price(s) Volumes(s)
Scott Kaintz GBP0.00330 1,636,362
GBP0.00385 935,064
---------------------------- -----------
------------------------------ ---------------------------------------------
d) Aggregated information
* Aggregated Volume
2,571,426 shares
GBP0.00350
* Aggregated Price
------------------------------ ---------------------------------------------
e) Date of the transaction 26 May 2023
------------------------------ ---------------------------------------------
f) Place of the transaction Outside of 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.
RNS may use your IP address to confirm compliance with the terms
and conditions, to analyse how you engage with the information
contained in this communication, and to share such analysis on an
anonymised basis with others as part of our commercial services.
For further information about how RNS and the London Stock Exchange
use the personal data you provide us, please see our Privacy
Policy.
END
DSHSEMFMMEDSESI
(END) Dow Jones Newswires
May 26, 2023 12:08 ET (16:08 GMT)
Corcel (AQSE:CRCL.GB)
Historical Stock Chart
From Jul 2024 to Aug 2024
Corcel (AQSE:CRCL.GB)
Historical Stock Chart
From Aug 2023 to Aug 2024