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Grant of Share Options

19 Sep 2016 18:13

RNS Number : 2538K
Tungsten Corporation PLC
19 September 2016
 

Notification of dealings in shares of Tungsten Corporation plc by Directors and/or other PDMR's of the Company.

1.

Details of the person discharging managerial responsibilities / person closely associated

 

(a)

Name

Mr Richard Hurwitz

2.

Reason for the notification

(b)

Position / status

Chief Executive Officer

(c)

Initial notification / amendment

Initial notification

3.

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

(a)

Name

Tungsten Corporation plc

(b)

LEI

N/A

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

Grant of share options to acquire ordinary shares of 0.438 pence per share under the US Stock Option Plan

(b)

Nature of the transaction

Grant of share options under the US Stock Option Plan

(c)

Price(s) and volume(s)

Price(s)

Volume(s)

Exercise price = 62.7p

455,000

(d)

Aggregated information

Aggregated volume Price

Exercise Price: 62.7p

 

Volume: 455,000

(e)

Date of the transaction

2016-09-19 GMT

(f)

Place of the transaction

Outside a trading venue

 

1.

Details of the person discharging managerial responsibilities / person closely associated

 

(a)

Name

Mr David Williams

2.

Reason for the notification

(b)

Position / status

Chief Financial Officer

(c)

Initial notification / amendment

Initial notification

3.

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

(a)

Name

Tungsten Corporation plc

(b)

LEI

N/A

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

(d)

Description of the financial instrument, type of instrument

Identification code

Grant of share options to acquire ordinary shares of 0.438 pence per share under the UK Share Option Scheme

(e)

Nature of the transaction

Grant of share options under the UK Share Option Scheme

(f)

Price(s) and volume(s)

Price(s)

Volume(s)

Exercise price = 62.7p

250,000

(g)

Aggregated information

Aggregated volume Price

Exercise Price: 62.7p

 

Volume: 250,000

(h)

Date of the transaction

2016-09-19 GMT

(i)

Place of the transaction

Outside a trading venue

 

1.

Details of the person discharging managerial responsibilities / person closely associated

 

(a)

Name

Mr Patrick Clark

2.

Reason for the notification

(b)

Position / status

General Counsel and Company Secretary

(c)

Initial notification / amendment

Initial notification

3.

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

(a)

Name

Tungsten Corporation plc

(b)

LEI

N/A

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

(d)

Description of the financial instrument, type of instrument

Identification code

Grant of share options to acquire ordinary shares of 0.438 pence per share under the UK Share Option Scheme

(e)

Nature of the transaction

Grant of share options under the UK Share Option Scheme

(f)

Price(s) and volume(s)

Price(s)

Volume(s)

Exercise price = 62.7p

110,000

(g)

Aggregated information

Aggregated volume Price

Exercise Price: 62.7p

 

Volume: 110,000

(h)

Date of the transaction

2016-09-19 GMT

(i)

Place of the transaction

Outside a trading venue

 

Name of authorised official of issuer responsible for making notification:

 

 

Patrick Clark

Company Secretary to Tungsten Corporation plc

 

This information is provided by RNS
The company news service from the London Stock Exchange
 
END
 
 
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