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ROCKFIRE RESOURCES PLC
Remuneration Information • Feb 27, 2025
7885_dirs_2025-02-27_cc289a94-8e69-43f6-9e36-23ca9d5a2da5.html
Remuneration Information
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National Storage Mechanism | Additional information 
RNS Number : 7461Y
Rockfire Resources PLC
27 February 2025
27 February 2025
Rockfire Resources Plc
("Rockfire" or the "Company" or the "Group")
Grant of Share Options
Rockfire Resources plc (LON: ROCK), the base metal, precious metal and critical mineral exploration company, announces that options to subscribe for 175,000,000 new ordinary shares in the Company (the "Ordinary Shares") have been granted to the Directors of Rockfire as part of their service agreements on 21 February 2025 at an exercise price of 0.25 pence per Ordinary Share.
This exercise price is double the mid-market closing price on 21 February 2025 of 0.12 pence, plus 0.01 pence, in accordance with the terms of the Directors' service agreements. The options have a term of three years, and any unexercised options will expire at midnight on 20 February 2028.
The options granted will result in an increase from 57,000,000 to 232,000,000 in the number of outstanding options over Ordinary Shares, representing approximately 5.89% of the Company's issued share capital.
The options vested immediately upon issue.
The grants made are as follows:
| Directors | No. of options | Exercise price | Option expiry date | Total no. of options now held |
| David Price | 50,000,000 | 0. 25 pence | 20 February 2028 | 65,000,000 |
| Gordon Hart | 50,000,000 | 0. 25 pence | 20 February 2028 | 65,000,000 |
| Ian Staunton | 25,000,000 | 0. 25 pence | 20 February 2028 | 34,000,000 |
| Nicholas Walley | 25,000,000 | 0. 25 pence | 20 February 2028 | 34,000,000 |
| Patrick Elliott | 25,000,000 | 0. 25 pence | 20 February 2028 | 34,000,000 |
| Total | 175,000,000 | 232,000,000 |
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 / George Payne (Corporate Finance) | |
| Guy McDougall / Kelly Gardiner (Sales and Corporate Broking) |
Notes to Editors
Rockfire Resources plc (LON: ROCK) is a gold, base metal and critical mineral exploration company, with a high-grade zinc/lead/silver/germanium deposit in Greece and a portfolio of gold/copper/silver projects in Queensland Australia.
The Molaoi deposit in Greece has a JORC Inferred Mineral Resource of 15 million tonnes @ 7.26 % Zn, 1.75 % Pb and 39.5 g/t Ag, for 1.09 million tonnes of zinc, 260,000 tonnes of lead and 19.1 million ounces of silver.
The Plateau deposit in Queensland has a JORC Inferred resource of 131,300 ounces of gold and 800,000 ounces of silver. Plateau is subject to a joint venture with ASX-listed Sunshine Metals Ltd (ASX:SHN).
1
Details of the person discharging managerial responsibilities / person closely associated
a)
Name
| Name | Position |
| 1) Gordon Hart 2) David Price 3) Ian Staunton 4) Patrick Elliott 5) Nicholas Walley |
Chairman Chief Executive Officer Non-Executive Director Non-Executive Director Non-Executive Director |
2
Reason for the notification
a)
Position/status
See 1a)
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 over ordinary shares of 0.1 pence each in Rockfire Resources plc
GB00B42TN250
b)
Nature of the transaction
Grant of options over ordinary shares
c)
Price(s) and volume(s)
| Name | Volume(s) | Price(s) |
| 1) Gordon Hart | 50,000,000 | 0. 25 pence |
| 2) David Price | 50,000,000 | 0. 25 pence |
| 3) Ian Staunton | 25,000,000 | 0. 25 pence |
| 4) Patrick Elliott | 25,000,000 | 0. 25pence |
| 5) Nicholas Walley | 25,000,000 | 0. 25 pence |
d)
Aggregated information
- Aggregated volume
- Price
n/a
e)
Date of the transaction
21 February 2025
f)
Place of the transaction
Outside a trading venue
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