Dealing by PDMR
COO David Taaffe exercised 1.99m LTIP options and sold all shares at 2.725p per share.
- Ordinary shares exercised 1,989,855
- Exercise prices 1.15p and 1.5p per share
- Sale price 2.725p per share
- Total voting rights (new denominator) 724,802,190 ordinary shares
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SAE announces that, on 12th August 2025, David Taaffe, COO, exercised 956,522 LTIP options ("Options") over ordinary shares of no par value in the capital of the Company ("Ordinary Shares") at 1.15p per share and 1,033,333 Options at 1.5p per shares, resulting in the issue of a total of 1,989,855 new Ordinary Shares. On the same day, David Taaffe sold 1,989,855 Ordinary Shares at 2.725p per share.
Total Voting Rights
The new Ordinary Shares are being issued pursuant to the block listing application, as announced on 11th August 2025, therefore the Company is issuing 1,989,855 new Ordinary Shares, following which there are 724,802,190 Ordinary Shares in issue. Shareholders should therefore use this figure 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, the Company under the FCA's Disclosure Guidance and Transparency Rules.
| a) | Name | 1. Daivd Taaffe |
|---|---|---|
| 2 | Reason for the notification | |
| a) | Position/status | 1. PDMR - COO |
| b) | Initial notification /Amendment | Initial notification |
| a) | Name | Simec Atlantis Energy Limited |
| b) | LEI | 21380056V967FGHNU187 |
| a) | Description of the financial instrument, type of instrument | Ordinary shares of no par value |
| Identification code | SG9999011118 | |
| b) | Nature of the transaction | Exercise of share options and market sale |
| c) | Price(s) and volume(s) | |
| Price(s) | Volume(s) | |
| Option exercise | 1.15p | 956,522 |
| Option exercise | 1.5p | 1,033,333 |
| Market sale | 2.725p | 956,522 |
| Market sale | 2.725p | 1,033,333 |
| d) | Aggregated information | |
| - Aggregated volume (sale) | 1,989,855 | |
| - Price (sale) | 2.725p | |
| e) | Date of the transaction | 12 August 2025 |
| f) | Place of the transaction | London Stock Exchange (XLON) |
Cleaned text: letterheads, contacts and legal notices removed. View the original announcement ↗ · Company filings. Not investment advice.