TECHNOLOGY MINERALS PLC — Remuneration Information 2023

Apr 13, 2023

National Storage Mechanism | Additional information

RNS Number : 0438W

Technology Minerals PLC

13 April 2023

The information contained within this announcement is deemed to constitute inside information as stipulated under the retained EU law version of the Market Abuse Regulation (EU) No. 596/2014 (the "UK MAR") which is part of UK law by virtue of the European Union (Withdrawal) Act 2018. The information is disclosed in accordance with the Company's obligations under Article 17 of the UK MAR. Upon the publication of this announcement, this inside information is now considered to be in the public domain. 

13 April 2023

Technology Minerals Plc

("Technology Minerals" or the "Company") 

Grant of Share Options

Technology Minerals Plc (LSE: TM1), the first listed UK company focused on creating a sustainable circular economy for battery metals, announces the grant of 125,756,072 share options over new ordinary shares of £0.001 each in the Company ("Share Options") to the Directors listed below.

The Share Options have been granted to Directors of the Company as follows:

Name	Title	No. of shares under option	Exercise Price
Robin Brundle*	Executive Chairman	43,701,540	2.325p
Alex Stanbury*	CEO	43,701,540	2.325p
James Cable*	CFO	18,263,330	2.325p
Lester Kemp*	COO	6,522,618	2.325p
Wilson Robb**	CTO	6,522,618	2.325p
Chang Oh Turkmani**	Non-executive director	2,348,142	2.325p
Philip Beard**	Non-executive director	2,348,142	2.325p
Nick Kounoupias**	Non-executive director	2,348,142	2.325p

* Exercisable from the Grant Date to the tenth anniversary of the Grant Date.

** The Option will vest and become exercisable in respect of 1/12 of the shares under option on the Grant Date and quarterly thereafter commencing on 1 June 2023 and ending on 1 December 2024.

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 / person closely associated

a)

Name

1.   Robin Brundle (Executive Chairman)

2.   Alex Stanbury (CEO)

3.   James Cable (CFO)

4.   Lester Kemp (COO)

5.   Wilson Robb (CTO)

6.   Chang Oh Turkmani (Non-executive director)

7.   Philip Beard (Non-executive director)

8.   Nick Kounoupias (Non-executive director)

2

Reason for the notification

a)

Position/status

1. Executive Chairman

2. CEO

3. CFO

4. COO

5. CTO

6. Non-executive director

7. Non-executive director

8. 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

Technology Minerals Plc

b)

LEI

2138001U1U2XY5UYA479

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 £0.001 par value each 

ISIN: GB00BP094P47

b)

Nature of the transaction

Grant of options over ordinary shares

c)

Price(s) and volume(s)

Director/PDMR	Price(s)	Volume(s)
Robin Brundle	2.325p	43,701,540
Alex Stanbury	2.325p	43,701,540
James Cable	2.325p	18,263,330
Lester Kemp	2.325p	6,522,618
Wilson Robb	2.325p	6,522,618
Chang Oh Turkmani	2.325p	2,348,142
Philip Beard	2.325p	2,348,142
Nick Kounoupias	2.325p	2,348,142

d)

Aggregated information

- Aggregated volume

- Price

Price(s)	Volume(s)
2.325p per share	125,756,072

e)

Date of the transaction

12 April 2023

f)

Place of the transaction

Outside a trading venue

Enquiries

Technology Minerals Plc
Robin Brundle, Executive Chairman Alexander Stanbury, Chief Executive Officer	c/o +44 (0)20 4582 3500
Oberon Investments Limited
Nick Lovering, Adam Pollock	+44 (0)20 3179 0535
Gracechurch Group
Harry Chathli, Alexis Gore, Rebecca Scott	+44 (0)20 4582 3500

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