Exercise of Options
Updated : 07:01
20 November 2024
Star Energy Group plc
("Star Energy" or the "Company")
Exercise of Options
Star Energy (AIM:STAR) announces that it has allotted 269,836 Ordinary Shares of 0.002p (the "New Ordinary Shares") to Ross Glover, Chief Executive Officer following the exercise of nil cost options in the Company. The New Ordinary Shares have been admitted to trading on AIM pursuant to the Company's existing block listing admission facility.
Following the exercise , Ross Glover sold 122,038 shares at a price of £0.08800 each to cover tax and national insurance liabilities, and his resultant holding is set out in the table below:
Executive Director | No. of New Ordinary Shares | Resultant Voting Rights | % of Total Voting Rights |
Ross Glover | 147,798 | 446,628 | 0.34% |
Total Voting Rights
The issued share capital of the Company following the above detailed issue of shares will be 129,983,995 Ordinary Shares; the number of deferred shares remains 303,305,534. The total number of voting rights in Star Energy will be 129,983,995 Ordinary Shares, which should be used by shareholders as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change to their interest in Star Energy under the Financial Conduct Authority's Disclosure Guidance and Transparency Rules.
The information set out below is provided in accordance with the requirements of the UK Market Abuse Regulation:
1. | Details of PDMR / person closely associated | |||||
a) | Name | (i) Ross Glover
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2. | Reason for the notification | |||||
a) | Position / status | (i) Chief Executive Officer | ||||
b) | Initial notification /amendment | Initial notification | ||||
3. | Details of the issuer | |||||
a) | Name | Star Energy Group plc | ||||
b) | LEI | 213800S8WP2L294NR559 | ||||
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 | Ordinary Shares of 0.002p each | ||||
b) | Identification code of the Financial Instrument | ISIN for Star Energy Group plc: GB00BZ042C28 | ||||
c) | Nature of the transaction | Exercise of Options
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d) | Price(s) and volume(s) |
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e) | Aggregated information - Aggregated volume - Price | N/A
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f) | Date of the transaction | 18 November 2024 | ||||
g) | Place of the transaction | Outside a trading venue |
a) | Description of the financial instrument | Ordinary Shares of 0.002p each | ||||
b) | Identification code of the Financial Instrument | ISIN for Star Energy Group plc: GB00BZ042C28 | ||||
c) | Nature of the transaction | Sale of shares to cover tax and national insurance liabilities
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d) | Price(s) and volume(s) |
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e) | Aggregated information - Aggregated volume - Price | N/A
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f) | Date of the transaction | 18 November 2024 | ||||
g) | Place of the transaction | London Stock Exchange, AIM |
For further information please contact:
Star Energy Group plc Ross Glover, Chief Executive Officer Frances Ward, Chief Financial Officer
| Tel: +44 (0) 207 993 9899 |
Zeus (Nominated Adviser & Broker) Antonio Bossi, Alexandra Campbell-Harris (Investment Banking) Simon Johnson (Corporate Broking)
| Tel: +44 (0) 203 829 5000 |
Vigo Consulting Patrick d'Ancona, Finlay Thomson, Kendall Hill | Tel: +44 (0) 207 597 5970 |
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