Grant of Options
Aminex PLC has announced the grant of 70 million compensation share options under its Restricted Share Plan, with an exercise price of 2.00 pence per share, vesting on January 1, 2027, and expiring five years later. These options, the first granted in over three years, are in lieu of salary increases, director fees, and bonuses, with 30 million awarded to Executive Chairman Charles Santos and 10 million to Senior Independent Director Tom Mackay, alongside 30 million for staff. Additionally, existing options for Tom Mackay and certain staff, originally set to expire on November 11, 2026, have been extended for one year.
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Aminex announces that, following a recommendation of the Remuneration Committee, the Board has approved the grant of 70 million compensation share options (the "Options") under the Aminex PLC Restricted Share Plan (the "Plan").
The Options are the first share options granted by the Company in over three years and are being awarded as compensation in lieu of increases in salaries and directors' fees and in lieu of performance bonuses.
The Options have been granted to:
- Charles Santos, Executive Chairman - 30 million options
- Tom Mackay, Senior Independent Director - 10 million options
- Staff - 30 million options
The Options are granted pursuant to the terms of the Plan and have an exercise price of 2.00 pence per share. The Options will vest on 1 January 2027 and have a five-year life.
The awards reflect the Company's continued disciplined approach to cash preservation and remuneration while aligning the interests of directors and staff with those of shareholders.
The Board has also approved the extension of existing options granted to Tom Mackay, Senior Independent Director, and certain members of staff that were due to expire on 11 November 2026 for one year (the "2019 Options"). The grant of the 2019 Options was made as an incentive to participants to remain with the Company through to delivery of the Ntorya gas development, that has now been delayed to the end of 2026 and into 2027. The Board also noted that the options granted to certain directors and members of staff in January 2022 are due to expire in January 2027 and cannot be extended under the terms of the Plan.
Director/PDMR Shareholding
The notification below is made in accordance with the Article 19 of the Market Abuse Regulation (EU) 596/2014, as it forms part of United Kingdom domestic law by virtue of the European Union (Withdrawal) Act 2018, as amended.
| 1 | Details of the person discharging managerial responsibilities/person closely associated | |
| a) | Name | Charles Santos |
| 2 | Reason for the notification | |
| a) | Position/status | Director |
| b) | Initial Notification Amendment | Initial Notification |
| a) | Name | Aminex PLC |
| b) | LEI | 635400CSEBJAYPUUFC95 |
| a) | Description of the financial instrument, type of instrument Identification code | Ordinary Shares of €0.001 each IE0003073255 |
| b) | Nature of the transaction | Grant of Options over Ordinary Shares |
| c) | Price(s) and volume(s) | Options over 30,000,000 Ordinary Shares at an exercise price of 2.00 pence each |
| d) | Aggregated information - Aggregated volume - Price | N/A |
| e) | Date of the transaction | 28 September 2026 |
| f) | Place of the transaction | London Stock Exchange |
| g) | Additional Information | Options will vest on 1 January 2027 |
| 1 | Details of the person discharging managerial responsibilities/person closely associated | |
| a) | Name | Thomas Mackay |
| 2 | Reason for the notification | |
| a) | Position/status | Director |
| b) | Initial Notification Amendment | Initial Notification |
| a) | Name | Aminex PLC |
| b) | LEI | 635400CSEBJAYPUUFC95 |
| a) | Description of the financial instrument, type of instrument Identification code | Ordinary Shares of €0.001 each IE0003073255 |
| b) | Nature of the transaction | Grant of Options over Ordinary Shares |
| c) | Price(s) and volume(s) | Options over 10,000,000 Ordinary Shares at an exercise price of 2.00 pence each |
| d) | Aggregated information - Aggregated volume - Price | N/A |
| e) | Date of the transaction | 28 September 2026 |
| f) | Place of the transaction | London Stock Exchange |
| g) | Additional Information | Options will vest on 1 January 2027 |
| 1 | Details of the person discharging managerial responsibilities/person closely associated | |
| a) | Name | Thomas Mackay |
| 2 | Reason for the notification | |
| a) | Position/status | Director |
| b) | Initial Notification Amendment | Amendment |
| a) | Name | Aminex PLC |
| b) | LEI | 635400CSEBJAYPUUFC95 |
| a) | Description of the financial instrument, type of instrument Identification code | Ordinary Shares of €0.001 each IE0003073255 |
| b) | Nature of the transaction | Extension of Grant of Options over Ordinary Shares to 11 November 2027 |
| c) | Price(s) and volume(s) | Options over 20,000,000 Ordinary Shares at an exercise price of 1.40 pence each granted on 11 November 2019 |
| d) | Aggregated information - Aggregated volume - Price | N/A |
| e) | Date of the transaction | 28 September 2026 |
| f) | Place of the transaction | London Stock Exchange |
| g) | Additional Information | Options originally due to expire on 11 November 2026 extended to 11 November 2027 |
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