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LANDORE RESOURCES LIMITED Director's Dealing 2021
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Director's Dealing
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National Storage Mechanism | Additional information 
RNS Number : 8996F
Landore Resources Limited
21 July 2021
21 July 2021
Landore Resources Limited
("Landore Resources" or the "Company")
Award of Options
Landore Resources Limited (AIM: LND) announces that on 20 July 2021 the Company issued a total of 2,200,000 options over new ordinary shares (the "Options") to certain Directors and employees of the Company, equating to 2.08% of the current issued share capital. The Options have an exercise price of 32.315 pence, being a 15% premium to the closing market price on 20 July 2021, and can be exercised for a period of five years from the date of grant.
Further details of the Options granted to Directors and PDMRs are set out below.
For more information, please contact:
| Landore Resources Limited | ||||||||
| Bill Humphries, Chief Executive Officer | Tel: 07734 681262 | |||||||
| Glenn Featherby, Finance Director | Tel: 07730 420318 | |||||||
| www.landore.com | ||||||||
| Cenkos Securities plc (Nominated Adviser and Broker) | ||||||||
| Derrick Lee / Pete Lynch | Tel: 0131 220 9771 | |||||||
| 1. | Details of the person discharging managerial responsibilities/person closely associated | |||||||
| a) | Name: | William Humphries | ||||||
| 2. | Reason for the notification | |||||||
| a) | Position/status: | Chief Executive Officer | ||||||
| b) | Initial notification/Amendment: | Initial Notification | ||||||
| 3. | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | |||||||
| a) | Name: | Landore Resources Limited | ||||||
| b) | LEI: | 21380019CJ5T1PNY3Q69 | ||||||
| 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 no par value in Landore Resources Limited GG00BMX4VR69 |
||||||
| b) | Nature of the transaction: | Award of Options exercisable at a price of 32.315 pence for a period of five years from the date of grant | ||||||
| c) | Price(s) and volume(s): | Price | Volume | |||||
| 32.315p | 1,000,000 | |||||||
| d) | Aggregated information: Aggregated volume: Price: |
Single transaction as in 4 c) above 1,000,000 32.315p |
||||||
| e) | Date of the transaction: | 20 July 2021 | ||||||
| f) | Place of the transaction: | Outside a trading venue | ||||||
| 1. | Details of the person discharging managerial responsibilities/person closely associated | ||||
| a) | Name: | Glenn Featherby | |||
| 2. | Reason for the notification | ||||
| a) | Position/status: | Finance Director | |||
| b) | Initial notification/Amendment: | Initial Notification | |||
| 3. | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | ||||
| a) | Name: | Landore Resources Limited | |||
| b) | LEI: | 21380019CJ5T1PNY3Q69 | |||
| 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 no par value in Landore Resources Limited GG00BMX4VR69 |
|||
| b) | Nature of the transaction: | Award of Options exercisable at a price of 32.315 pence for a period of five years from the date of grant | |||
| c) | Price(s) and volume(s): | Price | Volume | ||
| 32.315p | 500,000 | ||||
| d) | Aggregated information: Aggregated volume: Price: |
Single transaction as in 4 c) above 500,000 32.315p |
|||
| e) | Date of the transaction: | 20 July 2021 | |||
| f) | Place of the transaction: | Outside a trading venue | |||
| 1. | Details of the person discharging managerial responsibilities/person closely associated | ||||
| a) | Name: | Charles Wilkinson | |||
| 2. | Reason for the notification | ||||
| a) | Position/status: | Non-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: | Landore Resources Limited | |||
| b) | LEI: | 21380019CJ5T1PNY3Q69 | |||
| 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 no par value in Landore Resources Limited GG00BMX4VR69 |
|||
| b) | Nature of the transaction: | Award of Options exercisable at a price of 32.315 pence for a period of five years from the date of grant | |||
| c) | Price(s) and volume(s): | Price | Volume | ||
| 32.315p | 100,000 | ||||
| d) | Aggregated information: Aggregated volume: Price: |
Single transaction as in 4 c) above 100,000 32.315p |
|||
| e) | Date of the transaction: | 20 July 2021 | |||
| f) | Place of the transaction: | Outside a trading venue | |||
| 1. | Details of the person discharging managerial responsibilities/person closely associated | ||||
| a) | Name: | Helen Green | |||
| 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: | Landore Resources Limited | |||
| b) | LEI: | 21380019CJ5T1PNY3Q69 | |||
| 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 no par value in Landore Resources Limited GG00BMX4VR69 |
|||
| b) | Nature of the transaction: | Award of Options exercisable at a price of 32.315 pence for a period of five years from the date of grant | |||
| c) | Price(s) and volume(s): | Price | Volume | ||
| 32.315p | 100,000 | ||||
| d) | Aggregated information: Aggregated volume: Price: |
Single transaction as in 4 c) above 100,000 32.315p |
|||
| e) | Date of the transaction: | 20 July 2021 | |||
| f) | Place of the transaction: | Outside a trading venue | |||
| 1. | Details of the person discharging managerial responsibilities/person closely associated | ||||
| a) | Name: | Michele Tuomi | |||
| 2. | Reason for the notification | ||||
| a) | Position/status: | Exploration Manager | |||
| b) | Initial notification/Amendment: | Initial Notification | |||
| 3. | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | ||||
| a) | Name: | Landore Resources Limited | |||
| b) | LEI: | 21380019CJ5T1PNY3Q69 | |||
| 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 no par value in Landore Resources Limited GG00BMX4VR69 |
|||
| b) | Nature of the transaction: | Award of Options exercisable at a price of 32.315 pence for a period of five years from the date of grant | |||
| c) | Price(s) and volume(s): | Price | Volume | ||
| 32.315p | 500,000 | ||||
| d) | Aggregated information: Aggregated volume: Price: |
Single transaction as in 4 c) above 500,000 32.315p |
|||
| e) | Date of the transaction: | 20 July 2021 | |||
| f) | Place of the transaction: | Outside a trading venue | |||
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