Vesting of Share Awards and PDMR Disclosure
Jadestone Energy plc announced the vesting of 1,336,552 restricted share awards on March 1, 2026, under its Long-Term Incentive Plan. As a result, Andrew Fairclough, Executive Director and Chief Financial Officer, received 98,479 ordinary shares, bringing his total holding to 0.03% of the company's issued share capital. Following this issuance, Jadestone Energy will have 543,499,267 ordinary shares in issue, which will be used as the denominator for shareholder notification calculations. The ordinary shares are expected to be admitted to trading on AIM on March 9, 2026.
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3 March 2026 - 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 a total of 1,336,552 restricted share awards ("RS Awards"), granted by the Company under its Long-Term Incentive Plan on 20 November 2025, vested on 1 March 2026.
Under the RS Awards, Andrew Fairclough, Executive Director and Chief Financial Officer of Jadestone, was issued 98,479 ordinary shares of £0.001 each in the capital of the Company on 1 March 2026. Following the share issuance, Mr. Fairclough holds a total of 0.03% of the Company's issued share capital.
Andrew Fairclough, Executive Director and Chief Financial Officer, 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 transaction.
An application has been made to the London Stock Exchange for the RS Awards to be admitted to trading on AIM. It is expected that admission will become effective, and that dealings will commence, at 8.00 a.m. GMT on 9 March 2026.
Total Voting Rights
Following the vesting of the RS Awards and admission of the ordinary shares referenced above, the Company will have 543,499,267 Ordinary Shares (excluding treasure shares) of £0.001 par value each in issue, and no Ordinary Shares in treasury. Therefore, the total voting rights in the Company will be 543,499,267.
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: | Vesting of restricted shares award |
| c) | Price(s) and volume(s): | Price Volume Nil 98,479 shares |
| d) | Aggregated information: · Aggregated volume: · Price: | 98,479 ordinary shares Nil |
| e) | Date of the transaction: | 1 March 2026 |
| f) | Place of the transaction: | XOFF |
Cleaned text: letterheads, contacts and legal notices removed. View the original announcement ↗ · Company filings. Not investment advice.