Sun, 20 Oct 2019

SolGold PLC Announces Grant of Share Options

ACCESSWIRE
10 Oct 2019, 19:05 GMT+10

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

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