AI Terminal
ROCKFIRE RESOURCES PLC
Director's Dealing • Feb 26, 2021
7885_dirs_2021-02-26_172e8d2f-4b40-4786-a6f4-ccde591f4efd.html
Director's Dealing
Open in ViewerOpens in native device viewer
National Storage Mechanism | Additional information 
RNS Number : 5401Q
Rockfire Resources PLC
26 February 2021
26 February 2021
Rockfire Resources plc
("Rockfire" or the "Company")
Grant of Options to Directors/PDMRs
Rockfire Resources plc (LON: ROCK), the gold and base metal exploration company announces that it has today granted a total of 36,000,000 options to subscribe for ordinary shares in the Company ("Options") to certain directors and employees of the Company as set out below:
| Name | Position | No. of Options granted | Total Number of Options held following the grant |
| Gordon Hart | Chairman | 10,000,000 | 10,000,000 |
| David Price | Chief Executive Officer | 10,000,000 | 10,000,000 |
| Edward Fry | Exploration Manager (PDMR) | 10,000,000 | 10,000,000 |
| Graeme Hogan | Company Secretary | 6,000,000 | 6,000,000 |
All of the 36,000,000 Options are exercisable for a period of three years from the date of the grant and have an exercise price of 2.1p, being a premium of 110% per cent. to the closing mid-market share price on 25 February 2021, the day prior to this announcement. The Options are being granted pursuant to the terms of the service agreements between each director or employee and the Company.
Following the above grant of the Options, the Company has a total of 60,000,000 options to subscribe for new ordinary shares in the Company outstanding, which represents 7.2 per cent. of the Company's issued share capital.
The FCA notifications in respect of the above, made in accordance with the requirements of the UK Market Abuse Regulation, are appended below.
For further information on the Company, please visit www.rockfireresources.com or contact the following:
| Rockfire Resources plc: | [email protected] |
| David Price, Chief Executive Officer | |
| Allenby Capital Limited (Nominated Adviser & Broker) | Tel: +44 (0) 20 3328 5656 |
| John Depasquale / Asha Chotai (Corporate Finance) Matt Butlin / Guy McDougall (Equity Sales) |
|
| Yellow Jersey | [email protected] |
| Sarah Hollins / Henry Wilkinson | Tel: +44 (0) 20 3004 9512 |
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 ("PDMR") / person closely associated
a)
Name
Gordon Hart (Chairman)
David Price (Chief Executive Officer)
Edward Fry (Exploration Manager - PDMR)
2
Reason for the notification
a)
Position/status
See 1 a) above
b)
Initial notification /Amendment
Initial notification
3
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)
Name
Rockfire Resources plc
b)
LEI
213800THSZQSFKTXOI24
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, type of instrument
Identification code
Options to subscribe for Ordinary Shares of 0.1p
Identification code (ISIN) for ordinary shares: GB00B42TN250
b)
Nature of the transaction
Grant of options to subscribe for ordinary shares
c)
Price(s) and volume(s)
| Director/PDMR | Price(s) | Volume(s) |
| Gordon Hart | Exercisable at 2.1p per share | 10,000,000 |
| David Price | Exercisable at 2.1p per share | 10,000,000 |
| Edward Fry | Exercisable at 2.1p per share | 10,000,000 |
d)
Aggregated information
- Aggregated volume
- Price
| Price(s) | Volume(s) |
| Exercisable at 2.1p | 30,000,000 |
e)
Date of the transaction
26 February 2021
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 [email protected] 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
DSHFLFIFFDIRFIL