Kefi Gold and Copper PLC Grant of Share Options to an Adviser (2225M)
September 12 2023 - 12:50PM
UK Regulatory
TIDMKEFI
RNS Number : 2225M
Kefi Gold and Copper PLC
12 September 2023
12 September 2023
KEFI Gold and Copper plc
("KEFI" or the "Company")
Grant of Share Options to an Adviser
KEFI Gold and Copper Plc (AIM: KEFI) announces that following
the appointment of 3PPB LLC ("3PPB") as the Company's non-UK
investor relations adviser on 1 July 2023, 3PPB has today been
issued options to acquire 8,000,000 new ordinary shares of 0.1p
each in the capital of the Company ("Ordinary Shares") at an
exercise price of 0.6 pence per Ordinary Share (the "Options"). The
exercise price is at a small premium to the prevailing market price
of the Ordinary Shares on the date of 3PPB's appointment.
The Options have a term of seven years and shall vest at the
earlier of the Company's Tulu Kapi Gold Project closing its project
financing or six months from the date of 3PPB's appointment. If the
Company's contract with 3PPB is not renewed or extended beyond its
initial six month term, the Options will remain exercisable for 12
months from the end date of 3PPB's engagement with the Company.
Enquiries
KEFI Gold and Copper plc
Harry Anagnostaras-Adams (Managing Director) +357 99457843
John Leach (Finance Director) +357 99208130
SP Angel Corporate Finance LLP (Nominated
Adviser) +44 (0) 20 3470 0470
Jeff Keating, Adam Cowl
Tavira Securities Limited (Lead Broker) +44 (0) 20 7100 5100
Oliver Stansfield, Jonathan Evans
IFC Advisory Ltd (Financial PR and IR) +44 (0) 20 3934 6630
Tim Metcalfe, Florence Chandler
3PPB LLC International (Non-UK IR)
Patrick Chidley +1 (917) 991 7701
Paul Durham + 1 (203) 940 2538
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END
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