DJ Director/PDMR Shareholding
Molten Ventures Plc (GROW; GRW)
Director/PDMR Shareholding
04-Dec-2024 / 07:00 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 over ordinary shares with a nominal value
of 1p each (the "Options") have been awarded to Ben Wilkinson, CEO pursuant to the Company's 2021 Long-Term Incentive
Plan ("LTIP"), as set out below.
LTIP No. of Options awarded
Ben Wilkinson 30,669
The award has been made by the Remuneration Committee to reflect the pro-rata salary adjustment following Ben Wilkinson's promotion to CEO with effect from 28 October 2024. Full details will be disclosed in the Directors' Remuneration Report for the year ending 31 March 2025.
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). In accordance with the Directors' Remuneration Policy, the options will vest over three years and are subject to a two-year post-vesting holding period.
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. Ben Wilkinson
Name
2. Reason for the notification
a. CEO
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 over ordinary shares of 1p each
a. instrument,
type of instrument
GB00BY7QYJ50
Identification Code
b. Issue of options
Nature of the transaction
30,669 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. 3 December 2024
Date of the transaction
f. N/a
Place of the transaction
Enquiries
Molten Ventures plc
+44 (0)20 7931 8800
Gareth Faith (Company Secretary)
cosec@molten.vc
Deutsche Numis Securities
Joint Financial Adviser and Corporate Broker
Simon Willis +44 (0)20 7260 1000
Jamie Loughborough
Iqra Amin
Goodbody Stockbrokers
Joint Financial Adviser and Corporate Broker,
Euronext Dublin Sponsor
+44 (0) 20 3841 6202
Don Harrington
Tom Nicholson
William Hall
Sodali & Co.
Public relations +44 (0)7970 246 725
Elly Williamson molten@sodali.com
Jane Glover
----------------------------------------------------------------------------------------------------------------------- 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 Sequence No.: 362896 EQS News ID: 2043525 End of Announcement EQS News Service =------------------------------------------------------------------------------------
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(END) Dow Jones Newswires
December 04, 2024 02:00 ET (07:00 GMT)
