• SolGold PLC Announces Grant of Share Options

    SolGold PLC Announces Grant of Share Options

    Grant of Share Options

    BISHOPSGATE, LONDON / ACCESSWIRE / October 10, 2019 / The Board of SolGold plc (SolGold or the Company) wishes to advise of the grant of 3,150,000 unlisted options over ordinary shares of the Company to a nominee of Mr Liam Twigger, a Director of SolGold, following approval granted by shareholders at the Company’s AGM convened on 20 September 2019.

    The share options have a strike price of 60 pence each, vesting immediately, and expire on 20 December 2021.

    Following the allotment of these share options, the Company has on issue a total of 1,846,321,033 fully-paid ordinary shares, 21,250,000 share options exercisable at 40p and 142,162,000 share options exercisable at 60p.

    By order of the Board
    Karl Schlobohm
    Company Secretary

    CONTACTS

    Nicholas Mather

    SolGold Plc (Chief Executive Officer) nmather@solgold.com.au

    Tel: +61 (0) 7 3303 0665

    +61 (0) 417 880 448

    Karl Schlobohm
    SolGold Plc (Company Secretary)
    kschlobohm@solgold.com.au

    Tel: +61 (0) 7 3303 0661

    Anna Legge
    SolGold Plc (Corporate Communications) alegge@solgold.com.au

    Tel: +44 (0) 20 3823 2131

    Gordon Poole / Nick Hennis
    Camarco (Financial PR / IR)
    solgold@camarco.co.uk

    Tel: +44 (0) 20 3757 4997

    Andrew Chubb
    Hannam & Partners (Joint Broker and Financial Advisor)
    solgold@hannam.partners

    Tel: +44 (0) 20 7907 8500

    Ross Allister / David McKeown
    Peel Hunt (Joint Broker and Financial Advisor)
    solgold@peelhunt.com

    Tel: +44 (0)20 7418 8900

    James Kofman / Darren Wallace
    Cormark Securities Inc. (Financial Advisor)
    dwallace@cormark.com

    Tel: +1 416 943 6411

    Follow us on twitter @SolGold_plc

    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:

    Liam Twigger

    2.

    Reason for the notification

    a)

    Position/status:

    Director

    b)

    Initial notification/Amendment:

    Initial notification

    3.

    Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor

    a)

    Name:

    SolGold plc

    b)

    LEI:

    213800HGFADQBMIEVI76

    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 1p each

    GB00B0WD0R35

    b)

    Nature of the transaction:

    Issue of options

    c)

    Price(s) and volume(s):

    Price(s)

    Volume(s)

    60p

    3,150,000

    d)

    Aggregated information:

    Aggregated volume:

    Price:

    Single transaction as in 4 c) above

    Price(s)

    Volume(s)

    60p

    3,150,000

    e)

    Date of the transaction

    9 October 2019

    07:00am GST

    f)

    Place of the transaction:

    Outside of trading venue

    This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.

    SOURCE: SolGold plc

    View source version on accesswire.com:
    https://www.accesswire.com/562689/SolGold-PLC-Announces-Grant-of-Share-Options