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KATORO GOLD PLC Remuneration Information 2020
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Remuneration Information
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National Storage Mechanism | Additional information 
RNS Number : 8485X
Katoro Gold PLC
02 September 2020
Katoro Gold plc (Incorporated in England and Wales)
(Registration Number: 9306219)
Share code on AIM: KAT
ISIN: GB00BSNBL022
("Katoro" or "the Company")
Dated: 2 September 2020
Katoro Gold PLC ('Katoro' or the 'Company')
Share Option Plan
Katoro Gold plc (AIM: KAT), the AIM listed gold and nickel exploration and development company, announces the issue of options to the Board of Directors (the "Board") and Management of the Company.
The Board has resolved to grant options ("Options") over a total of 17,300,000 new ordinary shares of £0.01 each in the capital of the Company ("Ordinary Shares") to the Board and Management of the Company. The Options are exercisable at 2.6 pence per Ordinary Share, constituting a c. 10% premium to the Company's recent closing share price on 28 August 2020. The Options have an expiry date of the seventh anniversary from the date of grant of 28 August 2020, with 50% vesting on issue and the remaining 50% vesting in one year.
| Name and Position | No. of Options |
| Louis Coetzee (Executive Chairman) | 3 300 000 |
| Myles Campion (Non-executive Director) | 2 600 000 |
| Tinus Maree (Non-executive Director) | 2 600 000 |
| Paul Dudley (Non-executive Director) | 2 600 000 |
| Louis Scheepers (Non-executive Director) | 3 100 000 |
| Pieter Krugel (Financial Controller) | 3 100 000 |
| Total | 17 300 000 |
Following these grants the total number of options in issue over Ordinary Shares is 17,300,000. The Options if fully exercised will constitute 5.34% of the Company's current issued share capital.
PDMR Notification Forms:
The notifications below are made in accordance with the requirements of the Market Abuse Regulation:
| 1. | Details of the person discharging managerial responsibilities/person closely associated | |
| a) | Name | Louis Lodewyk Coetzee |
| 2. | Reason for the Notification | |
| a) | Position/status | Executive Chairman |
| b) | Initial notification/amendment | Initial notification |
| 3. | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | |
| a) | Name | Katoro Gold PLC |
| b) | LEI | 213800Q9L29ZXI53T558 |
| 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 | Ordinary share of £0.01 each |
| Identification code | GB00BSNBL022 | |
| b) | Nature of the Transaction | Grant of options |
| c) | Price(s) Volume(s) | Exercise price - 2.6 pence 3,300,000 |
| d) | Aggregated information Aggregated volume price | N/A - single transaction |
| e) | Date of the transaction | 28 August 2020 |
| f) | Place of the transaction | Outside a trading venue |
| 1. | Details of the person discharging managerial responsibilities/person closely associated | |
| a) | Name | Myles Campion |
| 2. | Reason for the Notification | |
| a) | Position/status | Non-Executive Director |
| b) | Initial notification/amendment | Initial notification |
| 3. | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | |
| a) | Name | Katoro Gold PLC |
| b) | LEI | 213800Q9L29ZXI53T558 |
| 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 | Ordinary share of £0.01 each |
| Identification code | GB00BSNBL022 | |
| b) | Nature of the Transaction | Grant of options |
| c) | Price(s) Volume(s) | Exercise price - 2.6 pence 2,600,000 |
| d) | Aggregated information Aggregated volume price | N/A - single transaction |
| e) | Date of the transaction | 28 August 2020 |
| f) | Place of the transaction | Outside a trading venue |
| 1. | Details of the person discharging managerial responsibilities/person closely associated | |
| a) | Name | Tinus Maree |
| 2. | Reason for the Notification | |
| a) | Position/status | Non-Executive Director |
| b) | Initial notification/amendment | Initial notification |
| 3. | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | |
| a) | Name | Katoro Gold PLC |
| b) | LEI | 213800Q9L29ZXI53T558 |
| 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 | Ordinary share of £0.01 each |
| Identification code | GB00BSNBL022 | |
| b) | Nature of the Transaction | Grant of options |
| c) | Price(s) Volume(s) | Exercise price - 2.6 pence 2,600,000 |
| d) | Aggregated information Aggregated volume price | N/A - single transaction |
| e) | Date of the transaction | 28 August 2020 |
| f) | Place of the transaction | Outside a trading venue |
| 1. | Details of the person discharging managerial responsibilities/person closely associated | |
| a) | Name | Paul Dudley |
| 2. | Reason for the Notification | |
| a) | Position/status | Non-Executive Director |
| b) | Initial notification/amendment | Initial notification |
| 3. | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | |
| a) | Name | Katoro Gold PLC |
| b) | LEI | 213800Q9L29ZXI53T558 |
| 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 | Ordinary share of £0.01 each |
| Identification code | GB00BSNBL022 | |
| b) | Nature of the Transaction | Grant of options |
| c) | Price(s) Volume(s) | Exercise price - 2.6 pence 2,600,000 |
| d) | Aggregated information Aggregated volume price | N/A - single transaction |
| e) | Date of the transaction | 28 August 2020 |
| f) | Place of the transaction | Outside a trading venue |
| 1. | Details of the person discharging managerial responsibilities/person closely associated | |
| a) | Name | Louis Scheepers |
| 2. | Reason for the Notification | |
| a) | Position/status | Non-Executive Director |
| b) | Initial notification/amendment | Initial notification |
| 3. | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | |
| a) | Name | Katoro Gold PLC |
| b) | LEI | 213800Q9L29ZXI53T558 |
| 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 | Ordinary share of £0.01 each |
| Identification code | GB00BSNBL022 | |
| b) | Nature of the Transaction | Grant of options |
| c) | Price(s) Volume(s) | Exercise price - 2.6 pence 3,100,000 |
| d) | Aggregated information Aggregated volume price | N/A - single transaction |
| e) | Date of the transaction | 28 August 2020 |
| f) | Place of the transaction | Outside a trading venue |
| 1. | Details of the person discharging managerial responsibilities/person closely associated | |
| a) | Name | Pieter Krugel |
| 2. | Reason for the Notification | |
| a) | Position/status | Financial Controller |
| b) | Initial notification/amendment | Initial notification |
| 3. | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | |
| a) | Name | Katoro Gold PLC |
| b) | LEI | 213800Q9L29ZXI53T558 |
| 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 | Ordinary share of £0.01 each |
| Identification code | GB00BSNBL022 | |
| b) | Nature of the Transaction | Grant of options |
| c) | Price(s) Volume(s) | Exercise price - 2.6 pence 3,100,000 |
| d) | Aggregated information Aggregated volume price | N/A - single transaction |
| e) | Date of the transaction | 28 August 2020 |
| f) | Place of the transaction | Outside a trading venue |
**ENDS**
This announcement contains inside information as stipulated under the Market Abuse Regulations (EU) no. 596/2014.
For further information please visit www.katorogold.com or contact:
| Louis Coetzee | [email protected] | Katoro Gold plc | Executive Chairman |
| Bhavesh Patel Andrew Thomson |
+44 20 3440 6800 | RFC Ambrian Limited | Nominated Advisor |
| Nick Emmerson Sam Lomanto |
+44 (0) 1483 413 500 | SI Capital Ltd | Broker |
| Isabel de Salis Beth Melluish |
+44 (0) 20 7236 1177 | St Brides Partners Ltd | Investor and Media Relations Adviser |
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