PDMR Long-Term Incentive Plan Award
Jadestone Energy plc announced that on November 20, 2025, Chief Financial Officer Andrew Fairclough was granted 260,584 share options exercisable at GBP 0.24, 344,678 performance shares with a market value of GBP 0.1847 per share tied to ESG and total shareholder return metrics, and 295,438 restricted shares also valued at GBP 0.1847 each. Additionally, CEO T Mitch Little received 1,142,648 Restricted Share Units equivalent to US$300,000 with a three-year vesting period.
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20 November 2025 - Singapore: Jadestone Energy plc (AIM:JSE) (the "Company" and together with its subsidiaries, "Jadestone" or the "Group"), an independent upstream production and development company focused on the Asia-Pacific region, announces that on 20 November 2025 it granted (a) 260,584 share options; (b) 344,678 performance shares; and (c) 295,438 restricted shares to Andrew Fairclough, Chief Financial Officer.
Upon vesting, the share option grants will be exercisable at a price of GBP 0.24 per share for a period of five years from the grant date of the options.
The market value of the performance shares grant is GBP 0.1847 per share. The number of performance shares to be issued on vesting will be determined against two performance measures which will be applied annually: (i) an ESG[1] metric based on the Group's Scope 1 and 2 greenhouse gas emissions from operated assets over the 2025-27 period, weighted at 35%, and (ii) an absolute total shareholder return metric over the 2025-2027 period, weighted at 65%.
The market value of the restricted shares grant is GBP 0.1847 per share.
- T Mitch Little, Executive Director and CEO of the Company, received 1,142,648 Restricted Share Units (equivalent to US$300,000) with a three-year vesting period as part of his sign-on package when joining the Company in June 2025.
Andrew Fairclough, Executive Director and Chief Financial Officer of the Company is a person discharging managerial responsibilities. The FCA notification, made in accordance with the requirements of the UK Market Abuse Regulation, is appended below and gives further details on the transactions.
DEALING NOTIFICATION FORM
FOR USE BY PERSONS DISCHARGING MANAGERIAL RESPONSIBILITY AND THEIR CLOSELY ASSOCIATED PERSONS
| 1. | Details of the person discharging managerial responsibilities/person closely associated | |
| a) | Name: | Andrew Fairclough |
| 2. | Reason for the notification | |
| a) | Position/status: | Executive Director and Chief Financial Officer |
| b) | Initial notification/Amendment: | Initial Notification |
| a) | Name | Jadestone Energy Plc |
| b) | LEI: | 21380076GWJ8XDYKVQ37 |
| a) | Description of the financial instrument, type of instrument: Identification code: | Ordinary shares of £0.001 each in the share capital of Jadestone Energy plc ISIN: GB00BLR71299 |
| b) | Nature of the transaction: | i) Share options award; ii) Performance shares award; and i) Restricted shares award |
| c) | Price(s) and volume(s): | Price Volume Nil 260,584 share options Nil 344,678 performance shares Nil 295,438 restricted shares |
| d) | Aggregated information: · Aggregated volume: · Price: | 900,700 ordinary shares Nil |
| e) | Date of the transaction: | 20 November 2025 |
| f) | Place of the transaction: | XOFF |
[1] Environmental, Social and Governance
Cleaned text: letterheads, contacts and legal notices removed. View the original announcement ↗ · Company filings. Not investment advice.