Metal Tiger plc Exercise of Director's Share Options & Issue of Bonus Shares
July 20 2018 - 2:00AM
UK Regulatory
TIDMMTR
Metal Tiger plc
20 July 2018
Metal Tiger Plc
("Metal Tiger" or the "Company")
Exercise of Director's Share Options & Issue of Bonus
Shares
Metal Tiger (LON: MTR), the London Stock Exchange AIM listed
investor in strategic natural resources is pleased to announce that
it has today received completed signed exercises of options for
3,000,000 options at a price of 3p from Charles Hall, Non-Executive
Chairman of the Company, for a value of GBP90,000, and for
3,330,000 options at a price of 2p from Terry Grammer,
Non-Executive Director of the Company, for a value of
GBP66,600.
Additionally, 267,466 bonus shares have been awarded to a former
Director, under the terms of his employment contract, and 1,927,710
bonus shares have been awarded to two employees of the Company's
subsidiary in Thailand. All have been approved for issue.
The total of 8,525,176 new ordinary shares from these issues are
expected to be admitted to trading on or around 26 July 2018.
Following the issue, Mr Hall will have a beneficial interest in
35,394,699 ordinary shares representing circa 3.13% of the issued
share capital of the Company, and Mr Grammer will have a beneficial
interest in 71,480,667 ordinary shares representing circa 6.32% of
the issued share capital of the Company.
Following the issue of the new ordinary shares, the number of
ordinary shares in issue in the Company will increase to
1,130,956,614. For the purposes of the Financial Conduct
Authority's Disclosure and Transparency Rules ("DTRs"), the issued
ordinary share capital of Metal Tiger following this allotment
consists of 1,130,956,614 ordinary shares with voting rights
attached (one vote per share). There are no shares held in
treasury. This total voting rights figure may be used by
shareholders as the denominator for the calculation by which they
will determine whether they are required to notify their interest
in, or a change to their interest in, Metal Tiger under the
DTRs.
For further information on the Company, visit:
www.metaltigerplc.com:
Michael McNeilly (Chief Executive Officer) Tel: +44 (0)20 7099 0738
Keith Springall (Finance Director & Tel: +44 (0)20 7099 0738
Company Secretary)
Stephen Allen or RFC Ambrian Ltd Tel +44 (0)20 3440 6800
Bhavesh Patel (Nominated Adviser)
Charlie Cryer RFC Ambrian Ltd Tel +44 (0)20 3440 6800
(Joint Broker)
Nick Emerson SI Capital (Joint Broker) Tel: +44 (0)1483 413 500
Gordon Poole Camarco Tel: +44 (0)20 3757 4980
James Crothers (Financial PR)
Monique Perks
LEI number 213800K1IN6M1VCVPA93
Classification 3.1
Dissemination of a Regulatory Announcement that contains inside
information according to REGULATION (EU) No 596/2014 (MAR).
View source version on businesswire.com:
https://www.businesswire.com/news/home/20180719005981/en/
This information is provided by Business Wire
(END) Dow Jones Newswires
July 20, 2018 02:00 ET (06:00 GMT)
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