DJ Molten Ventures Plc: DSH-Director/PDMR Shareholding
Molten Ventures Plc (GROW; GRW)
Molten Ventures Plc: DSH-Director/PDMR Shareholding
24-Jun-2024 / 17:55 GMT/BST
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MOLTEN VENTURES PLC
("Molten Ventures" or the "Company")
Grant of Options to Persons Discharging Managerial Responsibility ("PDMR")
Molten Ventures PLC (LSE: GROW, Euronext Dublin: GRW) announces that options (the "Options") over a total of 977,169
ordinary shares with a nominal value of 1p each have been awarded to certain PDMRs of the Company pursuant to the
Company's 2021 Long-Term Incentive Plan ("LTIP") and 2021 Deferred Bonus Plan ("DBP"), as set out below.
LTIP No. of Options awarded
Martin Davis 337,512
Stuart Chapman 231,995
Ben Wilkinson 233,592
DBP No. of Options awarded
Martin Davis 73,751
Stuart Chapman 50,694
Ben Wilkinson 49,625
The Options awarded under the LTIP have an exercise price of 1p each and are subject to LTIP performance conditions which, together with a summary of the LTIP, are set out in the Company's Annual Report for the year ended 31 March 2024, which was published on 12 June 2024 (available at www.moltenventures.com) ("Annual Report").
The Options awarded under the DBP have an exercise price of 1p each and are subject to a deferral period of two years before they can be exercised.
The notification set out in the Annex below, made in accordance with the requirements of the UK and EU Market Abuse Regulations, provides further details of the Options awarded:
ANNEX
1. Details of the person discharging managerial responsibilities / person closely associated
a. Martin Davis
Name
2. Reason for the notification
a. Chief Executive Officer
Position / status
b. Initial notification / Initial notification
amendment
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction
3. monitor
a. Molten Ventures plc
Name
b. 213800IPCR3SAYJWSW10
LEI
Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of
4. transaction; (iii) each date; (iv) each place where transactions have been conducted
Description of financial Options in respect of the LTIP and DBP over ordinary shares of 1p each
a. instrument,
type of instrument
GB00BY7QYJ50
Identification Code
b. Issue of options
Nature of the transaction
411,263 options over ordinary shares of 1p each with an exercise price of
c. Price(s) and volume(s) 1p per share
n/a
Aggregated information
d.
- Aggregated volume
- Price
e. 20 June 2024
Date of the transaction
f. n/a
Place of the transaction
1. Details of the person discharging managerial responsibilities / person closely associated
a. Stuart Chapman
Name
2. Reason for the notification
a. Executive Director
Position / status
b. Initial notification / Initial notification
amendment
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction
3. monitor
a. Molten Ventures plc
Name
b. 213800IPCR3SAYJWSW10
LEI
Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of
4. transaction; (iii) each date; (iv) each place where transactions have been conducted
Description of financial Options in respect of the LTIP and DBP over ordinary shares of 1p each
a. instrument,
type of instrument
GB00BY7QYJ50
Identification Code
b. Issue of options
Nature of the transaction
282,689 options over ordinary shares of 1p each with an exercise price of
c. Price(s) and volume(s) 1p per share
n/a
Aggregated information
d.
- Aggregated volume
- Price
e. 20 June 2024
Date of the transaction
f. n/a
Place of the transaction
1. Details of the person discharging managerial responsibilities / person closely associated
a. Ben Wilkinson
Name
2. Reason for the notification
a. Chief Financial Officer
Position / status
b. Initial notification / Initial notification
amendment
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction
3. monitor
a. Molten Ventures plc
Name
b. 213800IPCR3SAYJWSW10
LEI
Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of
4. transaction; (iii) each date; (iv) each place where transactions have been conducted
Description of financial Options in respect of the LTIP and DBP over ordinary shares of 1p each
a. instrument,
type of instrument
GB00BY7QYJ50
Identification Code
b. Issue of options
Nature of the transaction
283,217 options over ordinary shares of 1p each with an exercise price of
1p per share
c. Price(s) and volume(s)
n/a
Aggregated information
d.
- Aggregated volume
- Price
e. 20 June 2024
Date of the transaction
f. n/a
Place of the transaction
----------------------------------------------------------------------------------------------------------------------- Dissemination of a Regulatory Announcement, transmitted by EQS Group. The issuer is solely responsible for the content of this announcement.
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ISIN: GB00BY7QYJ50
Category Code: DSH
TIDM: GROW; GRW
LEI Code: 213800IPCR3SAYJWSW10
OAM Categories: 2.2. Inside information
3.1. Additional regulated information required to be disclosed under the laws of a Member State
Sequence No.: 329595
EQS News ID: 1930989
End of Announcement EQS News Service
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(END) Dow Jones Newswires
June 24, 2024 12:55 ET (16:55 GMT)
