Issuance of Share Options to Directors and Employees

 

Anglesey Mining plc (AIM:AYM), the UK minerals development company, announces that the Board has approved the issuance of options to directors and employees of the Company.

The Company’s policy on director and executive compensation is to provide compensation to directors and management to ensure directors and senior management are appropriately compensated, motivated and retained. It is considered important that the contribution of directors be recognised and that directors be incentivised to help move the Company forward.

 

Today’s award of share options (the “Options”) to the directors and employees will have an exercise price of 1.2 pence, representing a premium of approx. 41% to the closing share price of 0.85p on 8 May. A total of 12,100,000 Options have been granted to directors and employees. The Options are exercisable upon grant and will lapse on 30 September 2032. The Options have been issued under the Company’s existing Share Option Scheme.

 

The award of the Options represents the first issuance of share options to directors and employees since August 2022. The non-executive directors of the Company have waived the payment of cash fees since July 2014.

 

Details of Awards

 

Details of the awards made to Directors are presented in the following table:

 

Director/PDMR Number of Options Granted Exercise Price per Share Option Options as a per cent of existing issued share capital1
Andrew King 3,300,000 £0.012 0.681%
Rob Marsden 4,400,000 £0.012 0.908%
Douglas Hall 2,200,000 £0.012 0.454%

 

1 Existing issued share capital of 484,822,255 ordinary shares

 

Following the grant of the Options, the Company has a total of 21,900,000 Ordinary Shares currently under option pursuant to the Company’s share option schemes.

 

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:
  1. Andrew King
  2. Rob Marsden
  3. Douglas Hall

2.

 Reason for the notification
a) Position/status:
  1. Chairman (PDMR)
  2. Chief Executive (PDMR)
  3. Non-Executive Director (PDMR)

 

 
b) Initial notification/Amendment: Initial notification

3.

 Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a) Name: Anglesey Mining Plc
b) LEI: 213800X8BO8EK2B4HQ71

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 1 pence each

ISIN: GB0000320472
b) Nature of the transaction: Award of share options over ordinary shares. Each option has an exercise price of £0.012. The Options will lapse on 30 September 2032.
c) Price(s) and volume(s):  

Price(s) Volume(s)
  1. 1.2 pence
  2. 1.2 pence
  3. 1.2 pence

 
  1. 3,300,000
  2. 4,400,000
  3. 2,200,000

 

 
d) Aggregated information:

Aggregated volume:

Price:

  

Price(s) Volume(s)
1.2 pence 9,900,000

 
e) Date of the transaction:
  1. 8 May 2025
  2. 8 May 2025
  3. 8 May 2025

 

 

 

 
f) Place of the transaction: Outside a trading venue