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Grant of Options

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RNS Number : 5808G
Bluejay Mining PLC
24 July 2019
 

24 July 2019

Bluejay Mining plc ('Bluejay' or the 'Company')

Grant of Options

Bluejay Mining plc, the AIM and FSE listed company with projects in Greenland and Finland, announces that the Remuneration Committee has agreed to issue options over a total of 16,000,000 ordinary shares of 0.01 pence each in the capital of the Company ("Share Options"). These options will vest immediately and will expire four years following the date of issue.

 

The details of the options to be granted are set out below:

Exercise price (£)

0.10

0.15

0.20

Number of options granted

5,200,000

5,200,000

5,600,000

 

The Share Options represent in aggregate 1.87% of the existing issued ordinary share capital of the Company and have been issued to key personnel, Persons Discharging Managerial Responsibilities ("PDMRs") and consultants of the Company in line with the Company's ongoing incentive plans.

 

The breakdown of the options to be granted to PDMRs is set out below:

 

Name

Position

Number of options granted with an exercise price of £0.10

Number of options granted with an exercise price of £0.15

Number of options granted with an exercise price of £0.20

Bo Stensgaard

General Manager

1,300,000

1,300,000

1,500,000

Eric Sondergaard

Geology Manager

1,000,000

1,000,000

1,200,000

Hans Jensen

General Manager

800,000

800,000

800,000

 

 

 

 

**ENDS**

 

Roderick McIllree

Bluejay Mining plc

+44 (0) 20 7907 9326

Ewan Leggat

SP Angel Corporate Finance LLP

+44 (0) 20 3470 0470

Soltan Tagiev

SP Angel Corporate Finance LLP

+44 (0) 20 3470 0470

Andrew Chubb

Hannam & Partners Advisory Ltd.

+44 (0) 20 7907 8538

Ingo Hofmaier

Hannam & Partners Advisory Ltd.

+44 (0) 20 7907 8532

Hugo de Salis

St Brides Partners Ltd

+44 (0) 20 7236 1177

Cosima Akerman

St Brides Partners Ltd

+44 (0) 20 7236 1177

 

 

Market Abuse Regulation (MAR) Disclosure

Certain information contained in this announcement would have been deemed inside information for the purposes of Article 7 of Regulation (EU) No 596/2014 until the release of this announcement.

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:

Bo Stensgaard

2.     

Reason for the notification

a)

Position/status:

General Manager

b)

Initial notification/Amendment:

Initial notification

3.     

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

a)

Name:

Bluejay Mining plc

b)

LEI:

213800E9AEFEHFLOVJ19

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:

Share options over ordinary shares of £0.01 each

 GB00BFD3VF20

b)

Nature of the transaction:

Grant of options over ordinary shares

c)

Price(s) and volume(s):

 

Price(s)

Volume(s)

£0.10

£0.15

£0.20

1,300,000

1,300,000

1,500,000

 

d)

Aggregated information:

Aggregated volume:

Price:

 

Price(s)

Volume(s)

£0.10

£0.15

£0.20

1,300,000

1,300,000

1,500,000

 

e)

Date of the transaction:

2019-07-23

f)

Place of the transaction:

Outside a trading venue

 

 

 

1.     

Details of the person discharging managerial responsibilities/person closely associated

a)

Name:

Eric Sondergaard

2.     

Reason for the notification

a)

Position/status:

Geology Manager

b)

Initial notification/Amendment:

Initial notification

3.     

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

a)

Name:

Bluejay Mining plc

b)

LEI:

213800E9AEFEHFLOVJ19

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:

Share options over ordinary shares of £0.01 each

 GB00BFD3VF20

b)

Nature of the transaction:

Grant of options over ordinary shares

c)

Price(s) and volume(s):

 

Price(s)

Volume(s)

£0.10

£0.15

£0.20

1,000,000

1,000,000

1,200,000

 

d)

Aggregated information:

Aggregated volume:

Price:

 

Price(s)

Volume(s)

£0.10

£0.15

£0.20

1,000,000

1,000,000

1,200,000

 

e)

Date of the transaction:

2019-07-23

f)

Place of the transaction:

Outside a trading venue

 

 

1.     

Details of the person discharging managerial responsibilities/person closely associated

a)

Name:

Hans Jensen

2.     

Reason for the notification

a)

Position/status:

General Manager

b)

Initial notification/Amendment:

Initial notification

3.     

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

a)

Name:

Bluejay Mining plc

b)

LEI:

213800E9AEFEHFLOVJ19

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:

Share options over ordinary shares of £0.01 each

 GB00BFD3VF20

b)

Nature of the transaction:

Grant of options over ordinary shares

c)

Price(s) and volume(s):

 

Price(s)

Volume(s)

£0.10

£0.15

£0.20

800,000

800,000

800,000

 

d)

Aggregated information:

Aggregated volume:

Price:

 

Price(s)

Volume(s)

£0.10

£0.15

£0.20

800,000

800,000

800,000

 

e)

Date of the transaction:

2019-07-23

f)

Place of the transaction:

Outside a 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 [email protected] or visit www.rns.com.
 
END
 
 
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