Adopción de nuevos LTIP y concesión de opciones LTIP/CSOP
3 de enero de 2024
SIMEC Atlantis Energy Limited
("SAE Renewables", "SAE" o la "Compañía")
Adoption of new LTIP and Grant of LTIP and CSOP options
SAE announces that that the Company's Remuneration Committee has approved the adoption of a new long term incentive plan ("LTIP"), following expiry of the previous LTIP on 10 December 2023 after a ten-year term. Share option awards under the new LTIP are to be made to key members of SAE's management team including certain of its persons discharging managerial responsibilities ("PDMRs"), in line with the Board's view that it is essential for the Company's executive directors and employees to be incentivised to drive the business forwards, and provide alignment of interest with those of shareholders. Share option awards under the LTIP will ordinarily vest over three years after the grant date subject to the grantee's continued service, and are exercisable for seven years thereafter. Total aggregate awards under the CSOP and LTIP are limited to a maximum 10% of the Company's issued share capital.
Otorgamiento de opciones LTIP
On 3 January 2024 under the terms of the Company's new LTIP, the Board approved the award and grant of, in aggregate, 10,300,000 options over ordinary shares in the Company ("LTIP Options") to the executive directors and a PDMR, as follows:
Nombre | Puesto de trabajo | Opciones LTIP otorgadas |
graham reid | CEO | 5,000,000 |
Simón Hirst | CFO | 2,200,000 |
david taaffe | COO (non-Board, PDMR) | 3,100,000 |
The LTIP Options have been granted subject to continued employment and will vest in three equal annual instalments commencing on the first anniversary of the date of grant. The LTIP Options are exercisable, subject to vesting, for ten years after grant. There are no further performance conditions. The options have an exercise price of 1.5p being the closing price of the Company's ordinary shares on 2 January 2024, being the last dealing day immediately prior to the date of grant.
Additionally, certain members of SAE's executive senior management have surrendered a total 4,550,000 previously-granted LTIP options with exercise prices ranging from 20p to 50p, which are not being replaced.
Otorgamiento de opciones CSOP
On 3 January 2024, under the terms of the Company's CSOP, the Board approved the award and grant of, in aggregate, 9,135,947 options over ordinary shares in the Company ("Opciones de CSOP"), including to the executive directors and a PDMR, as follows:
Nombre | Puesto de trabajo | Opciones CSOP otorgadas |
graham reid | CEO | 1,000,000 |
Simón Hirst | CFO | 1,000,000 |
david taaffe | COO (non-Board, PDMR) | 1,000,000 |
The CSOP Options vest on the third anniversary of grant and are exercisable for seven years thereafter at 1.5p per ordinary share, being the closing price of the Company's ordinary shares on 2 January 2024, being the last dealing day immediately prior to the date of grant.
Following the grant of the above options, the total number of options granted under the Company's CSOP and LTIP schemes is 64,790,643, representing 8.96% of the Company's existing issued share capital.
Para más información, por favor póngase en contacto con:
SAE Renovables Sean Parsons, Director de Asuntos Externos | 44 0 7739 832 446 |
Strand Hanson Limited (Asesor designado y financiero) Richard Johnson rory murphy David Asquith | 44 0 20 7409 3494 |
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Zeus Capital Limited (Broker) Luisa Waddell Simón Johnson
| 44 0 20 3829 5000 |
Notas a los editores
SAE Renewables es un desarrollador, propietario y operador global de proyectos de energía sostenible. SAE posee el proyecto de corrientes de marea más emblemático del mundo, MeyGen. SAE también es propietaria del sitio de la central eléctrica de Uskmouth, que se está reutilizando para convertirlo en un parque de energía sostenible, que inicialmente albergará uno de los proyectos de almacenamiento de energía en baterías más grandes del Reino Unido. https://www.saerenewables.com/
Notificación y divulgación pública de transacciones por parte de personas con responsabilidades de gestión y personas estrechamente relacionadas con ellas.
1. Details of the person discharging managerial responsibilities / person closely associated
a) Name | 1. Graham Reid
|
2. Simon Hirst
| |
3. David Taaffe |
2. Reason for the Notification
a) Position / status | 1. Director
|
2. Director
| |
3. PDMR (non-Board) COO | |
b) Initial notification / amendment |
Notificación inicial |
3. Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a) Name | SIMEC Atlantis Energy Limited |
b) LEI | 21380056V967FGHNU187 |
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
Description of the Financial instrument,
a) type of instrument | Acciones ordinarias | |
Código de identificación (ISIN) | SG9999011118 | |
b) Nature of the Transaction | Otorgamiento de opciones CSOP | |
Precios) | Volumen (s) | |
c) Price(s) and volume(s) |
1.5p (precio de ejercicio) | 1. 1,000,000
|
2. 1,000,000
| ||
3. 1,000,000 |
d)
| Información agregada Precio por volumen agregado |
N / A (transacción única) |
e) |
Fecha de la transacción |
3 de enero de 2024 |
f) |
Lugar de la transacción |
Fuera de bolsa |
1. Details of the person discharging managerial responsibilities / person closely associated
a) Name | 1. Graham Reid
|
2. Simon Hirst
| |
3. David Taaffe |
2. Reason for the Notification
a) Position / status | 1. Director
|
2. Director
| |
3. PDMR (non-Board) COO | |
b) Initial notification / amendment |
Notificación inicial |
3. Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a) Name | SIMEC Atlantis Energy Limited |
b) LEI | 21380056V967FGHNU187 |
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
Description of the Financial instrument,
a) type of instrument | Acciones ordinarias | |
Código de identificación (ISIN) | SG9999011118 | |
b) Nature of the Transaction | Otorgamiento de opciones LTIP | |
Precios) | Volumen (s) | |
c) Price(s) and volume(s) |
1.5p (precio de ejercicio) | 1. 5,000,000
|
2. 2,200,000
| ||
3. 3,100,000 |
d)
| Información agregada Precio por volumen agregado |
N / A (transacción única) |
e) |
Fecha de la transacción |
3 de enero de 2024 |
f) |
Lugar de la transacción |
Fuera de bolsa |
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