The number of options issued to directors, employees and consultants are noted below:
Position | Number of Options | |
Director | 125,000 | |
Róisín Magee | Director & Chair | 200,000 |
Director & Officer | 1,000,000 | |
Director & Strategic Advisor | 125,000 | |
Director | 125,000 | |
Officer | 250,000 | |
Officer | 250,000 | |
Officer | 75,000 | |
Employees and Consultants | Various | 1,025,000 |
Total Options Granted | 3,175,000 |
The Company's Stock Option Plan allows for the issuance of up to 10% of issued and outstanding share capital in the form of incentive stock options. The total number of incentive stock options outstanding prior to this award was 5,777,500 which results in the total number of incentive stock options now outstanding for the Company being 8,952,500, representing 7.8% of the Company’s issued and outstanding shares, which total 114,535,293.
The aforementioned stock option grants are subject to
Neither
This announcement contains inside information for the purposes of Article 7 of Regulation (EU) No 596/2014.
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Enquiries
Email: info@galantas.com
Website: www.galantas.com
Telephone: +44(0)28 8224 1100
Telephone: +44(0)20 7383 5100
Telephone: +44(0)20 3470 0470
( FOR USE BY PERSONS DISCHARGING MANAGERIAL RESPONSIBILITY AND THEIR CLOSELY ASSOCIATED PERSONS | ||
1. | Details of the person discharging managerial responsibilities/person closely associated | |
a) | 1. 2. Róisín Magee 3. 4. 5. 6. 7. 8. | |
2. | Reason for the notification | |
a) | Position/status: | 1. Director 2. Director & Chair 3. Director & Officer 4. Director & Strategic Advisor 5. Director 6. Officer 7. Officer 8. Officer |
b) | Initial notification/Amendment: | Initial Notification |
3. | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | |
a) | ||
b) | LEI: | LEI: 213800JKVPLLKO4KVB93 |
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 | Common Shares of nil par value ISIN: CA36315W2022 |
b) | Nature of the transaction | Grant of Stock Options |
c) | Price(s) and volume | Price for all grants Volumes
|
d) | Aggregated information | Stock Options: 3,175,000 Exercise price: |
e) | Date of the transaction | |
f) | Place of the transaction | Outside a trading venue |
Source:
2024 GlobeNewswire, Inc., source