Richmond Hill Resources Plc - Grant of Options
Richmond Hill Resources PLC
(“Richmond Hill” or the “Company”)
Grant of Options
Grant of Options
Options over a total of 31,000,000 new ordinary shares in the Company ("Ordinary Shares") were awarded on
The Options represent approximately 4.2 per cent. of the Company's current issued ordinary share capital. The Options have been issued to certain directors of the Company as set out in the table below.
____________________________________________________________________________ | Name | Position | Date of Issue| Options | Exercise| Expiry date| | | | | |Price | | |_____________|_____________|______________|__________|_________|____________| |Hamish Harris|CEO |27/04/2026 |25,000,000|2 pence |31/03/2028 | |_____________|_____________|______________|__________|_________|____________| |Sheldon |Non-Executive|27/04/2026 |3,000,000 |2 pence |31/03/2028 | |Modeland |Director | | | | | |_____________|_____________|______________|__________|_________|____________| |David Tink |Non-Executive|27/04/2026 |3,000,000 |2 pence |31/03/2028 | | |Chairman | | | | | |_____________|_____________|______________|__________|_________|____________|
Following the issue of the Options, as at the date of this announcement there are a total of 63,262,071 options over Ordinary Shares in issue, representing 8.6% of the current issued share capital of the Company.
Forward Looking Statements
This announcement contains forward-looking statements relating to expected or anticipated future events and anticipated results that are forward-looking in nature and, as a result, are subject to certain risks and uncertainties, such as general economic, market and business conditions, competition for qualified staff, the regulatory process and actions, technical issues, new legislation, uncertainties resulting from potential delays or changes in plans, uncertainties resulting from working in a new political jurisdiction, uncertainties regarding the results of exploration, uncertainties regarding the timing and granting of prospecting rights, uncertainties regarding the Company's ability to execute and implement future plans, and the occurrence of unexpected events. Actual results achieved may vary from the information provided herein as a result of numerous known and unknown risks and uncertainties and other factors.
This announcement contains inside information for the purposes of the
For further information, please contact:
Richmond Hill Resources
Hamish Harris
Tel: +44 (0) 203 582 6636
Cairn Financial Advisers LLP (Nominated Adviser)
Ludovico Lazzaretti / James Western Tel: +44 (0)20 7213 0880
Clear Capital Limited (Broker)
Tel: +44 (0) 20 3869 6080
Bob Roberts
______________________________________________________________________________ | | Details of the persons discharging managerial responsibilities / person | | 1|closely associated | | | | | | | |__|___________________________________________________________________________| | | |A) Hamish Harris | | |Name | | |a)| |B) Sheldon Modeland | | | | | | | |C) David Tink | |__|_______________________________|___________________________________________| | | Reason for the notification | | 2| | | | | |__|___________________________________________________________________________| | | |A) CEO | | |Position/Status | | |a)| |B) Non-Executive Director | | | | | | | |C) Non-Executive Chairman | |__|_______________________________|___________________________________________| | |Initial notification/ Amendment|Initial notification | |b)| | | | | | | |__|_______________________________|___________________________________________| | | Details of the issuer, emission allowance market participant, auction | | 3|platform, auctioneer or auction monitor | | | | | | | |__|___________________________________________________________________________| | |Name | | |a)| |Richmond Hill Resources plc | | | | | |__|_______________________________|___________________________________________| | |LEI |2138009XFT53PKLIH113 | |b)| | | | | | | |__|_______________________________|___________________________________________| | | 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 | | 4|place where transactions have been conducted | | | | | | | |__|___________________________________________________________________________| | |Description of the financial | | | | | | | |instrument, type of | | | | | | | |instrument |Options over new ordinary shares of 0.1 | | | |pence each | |a)| | | | | | | | |Identification code | | | | | | | | | | | | |GB00BNTBWF32 | | | | | |__|_______________________________|___________________________________________| | | |Options awarded | |b)|Nature of the transaction | | | | | | |__|_______________________________|___________________________________________| | | | | | | | | | | | ______________________ | | | || | Price(s)| Volume(s)| | | | ||_|_________|__________| | | |Price(s) and volume(s) ||A|2 pence |25,000,000| | |c)| ||_|_________|__________| | | | ||B|2 pence |3,000,000 | | | | ||_|_________|__________| | | | ||C|2 pence |3,000,000 | | | | ||_|_________|__________| | | | | | | | | | |__|_______________________________|___________________________________________| | |Aggregated information | | | | | | | | | | | | | | |d)|- Aggregated volume| | | | | | | | | | | | | | | |- Price | See above | |__|_______________________________|___________________________________________| | |Date of transaction | | |e)| |27 April 2026 | | | | | |__|_______________________________|___________________________________________| | |Place of transaction | | |f)| |London Stock Exchange | | | | | |__|_______________________________|___________________________________________|
