Exercise of RSUs
Orosur Mining Inc. announced the issuance of 85,000 common shares following the exercise of restricted stock units by non-executive director Thomas Masney, representing 0.02% of the company's issued share capital. Mr. Masney will retain 50,000 shares, with 35,000 sold to cover withholding taxes, bringing his total holding to 260,000 shares. Following admission, expected around March 2nd, 2026, the company's total issued shares will be 394,632,125, with 2,755,004 options and 9,065,000 RSUs remaining outstanding.
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London, February 26th 2026. Orosur Mining Inc. ("Orosur" or the "Company") (TSX/AIM:OMI) announces the following:
The Company has issued 85,000 Common Shares ("Shares") representing 0.02% of the Company's current issued share capital, following the exercise of 85,000 restricted stock units ("RSUs") by non-executive director, Mr.Thomas Masney.
- Masney will retain 50,000 of these Shares and 35,000 Shares have been sold to pay the applicable withholding taxes.
After this exercise, and including his current holding in the Company, Mr Masney will hold 260,000 Shares.
Application has been made for 85,000 Common Shares, which rank pari passu with the existing Common Shares in issue, to be admitted to trading on AIM ("Admission"). It is expected that Admission will become effective and dealings will occur at 8:00am UK time on or around March 2nd, 2026.
Following Admission of these 85,000 Shares, for the purposes of the Disclosure Guidance and Transparency Rules, the Company will have 394,632,125 Common Shares in issue. Shareholders may 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 issued share capital of the Company.
Following Admission, the Company will have 2,755,004 options outstanding and 9,065,000 RSUs outstanding.
Cleaned text: letterheads, contacts and legal notices removed. View the original announcement ↗ · Company filings. Not investment advice.