XTRACT RESOURCES PLC

Transaction in Own Shares • May 9, 2025

National Storage Mechanism | Additional information

RNS Number : 1363I

Xtract Resources plc

09 May 2025

For immediate release

9 May 2025

Xtract Resources Plc

("Xtract" or the "Company")

Award of Share Options

The Board of Xtract announces that on 8 May 2025, the Company awarded 13,700,000 new options (representing 1.6 per cent. of the current issued share capital) to Directors and a further 11,860,000 new options (representing 1.38 per cent. of the current issued share capital) to employees, consultants and officers of the Company.

The new options vest and are exercisable immediately on award, with an exercise price of 1.35p per new Ordinary Share. The new options will lapse five years after the date of the award, being 7 May 2030. The exercise price represents a 35 per cent. premium to the mid-market closing price of 1.00p of the Ordinary Shares as at 8 May 2025, and a 42 per cent. premium to the 30-day volume weighted average share price for the 30 trading days ended 8 May 2025.  Further details of the new options awards are as follows:

Individual	Number of new options
Directors:
Colin Bird	9,000,000
Kjeld Thygesen	350,000
Alastair Ford	350,000
Joel Silberstein	4,000,000
Employees:
Other	11,860,000
Total	25,560,000

A copy of this announcement:  www.xtractresources.com

Enquiries :

Xtract Resources Plc	Colin Bird, Executive Chairman	+44 (0)20 3416 6471 www.xtractresources.com
Beaumont Cornish Limited Nominated Adviser and Joint Broker	Roland Cornish Michael Cornish Felicity Geidt	+44 (0)207628 3369 www.beaumontcornish.co.uk
Novum Securities Limited Joint Broker	Jon Bellis Colin Rowbury	+44 (0) 207 399 9427 www.novumsecurities.com

The following disclosure is made in accordance with Article 19 of the EU Market Abuse Regulation 596/2014.

1

Details of the person discharging managerial responsibilities / person closely associated

a)

Name

1.    Colin Bird

2.    Joel Silberstein

3.    Kjeld Thygesen

4.    Alastair Ford

2

Reason for the notification

a)

Position/status

1. Chairman

2. Finance Director

3. Non-Executive Director

4  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

Xtract Resources plc

b)

LEI

213800A71LZ79EKUNC34

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

Options over Ordinary Shares of 0.02p each ("Ordinary Shares")

Identification code

ISIN: GB00BYSX2795

b)

Nature of the transaction

Issue of Options over Ordinary Shares

c)

Price(s) and volume(s)

Director	Price payable on exercise of option		Volume(s)
Colin Bird	P	1.35	9,000,000
Joel Silberstein	P	1.35	4,000,000
Kjeld Thygesen	p	1.35	350,000
Alastair Ford	p	1.35	350,000

d)

Aggregated information

- Aggregated volume

13,700,000 options over Ordinary Shares

- Price

1.35p

e)

Date of the transaction

8 May 2025

f)

Place of the transaction

Outside a trading venue

ENDS

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