Grant of Options
Rockfire Resources plc announced the grant of options to subscribe for 400,000,000 new ordinary shares to Directors and senior managers at an exercise price of 0.23 pence per share, which is double the mid-market closing price of 0.11 pence on August 21, 2026. These options, exercisable within three years and vesting immediately, will increase the total outstanding options to 632,000,000, representing approximately 5.9% of the Company's issued share capital.
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Rockfire Resources plc (LON: ROCK), the base metal, precious metal and critical mineral exploration company, announces that options to subscribe for 400,000,000 new ordinary shares in the Company (the "Ordinary Shares") were granted on 24 August 2026 to Directors and senior managers of the Company at an exercise price of 0.23 pence per Ordinary Share, being double the mid-market closing price on 21 August 2026 of 0.11 pence plus 0.01 pence, in accordance with the terms of the Directors' service agreements. The options have a term of three years, and any unexercised options will expire at midnight on 24 August 2029.
The options granted will result in an increase from 232,000,000 to 632,000,000 in the number of outstanding options over Ordinary Shares, representing approximately 5.9% of the Company's issued share capital.
The options vested immediately upon issue.
The grants made are as follows:
| Name of Director or Manager | Number of Options | Exercise Price | Option Expriy Date | Total number of Options held |
|---|---|---|---|---|
| Gordon Hart | 70,000,000 | £0.0023 | 24/08/2029 | 135,000,000 |
| David Price | 70,000,000 | £0.0023 | 24/08/2029 | 135,000,000 |
| Ian Staunton | 30,000,000 | £0.0023 | 24/08/2029 | 64,000,000 |
| Nicholas Walley | 30,000,000 | £0.0023 | 24/08/2029 | 64,000,000 |
| Patrick Elliott | 30,000,000 | £0.0023 | 24/08/2029 | 64,000,000 |
| Steven Hunt | 30,000,000 | £0.0023 | 24/08/2029 | 30,000,000 |
| Christos Skevas | 50,000,000 | £0.0023 | 24/08/2029 | 50,000,000 |
| Georgios Skevas | 30,000,000 | £0.0023 | 24/08/2029 | 30,000,000 |
| George Vlachos | 30,000,000 | £0.0023 | 24/08/2029 | 30,000,000 |
| Konstantinos Christodoulou | 30,000,000 | £0.0023 | 24/08/2029 | 30,000,000 |
| Total | 400,000,000 | 632,000,000 | ||
| Rockfire Resources plc | E-mail: info@rockfire.co.uk | |||
| David Price, Chief Executive Officer | ||||
| Allenby Capital Limited (Nominated Adviser & Broker): | Tel: +44 (0) 20 3328 5656 | |||
| John Depasquale / Ashur Joseph (Corporate Finance) | ||||
| Matt Butlin / Kelly Gardiner (Sales and Corporate Broking) | ||||
| CMC Markets UK Plc (Joint Broker) | Tel: +44 (0)20 3003 8632 | |||
| Douglas Crippen | ||||
| Oak Securities (Joint Broker) | Tel: +44 (0) 20 3973 3678 | |||
| Jerry Keen / Robert Bell | ||||
| 2 | Reason for the notification | |||
| a) | Position/status | See 1a) above | ||
| b) | Initial notification /Amendment | Initial notification | ||
| a) | Name | Rockfire Resources plc | ||
| b) | LEI | 213800THSZQSFKTXOI24 | ||
| a) | Description of the financial instrument, type of instrument Identification code | Options over ordinary shares of 0.1 pence each in Rockfire Resources plc ISIN: GB00B42TN250 | ||
| b) | Nature of the transaction | Grant of options over ordinary shares | ||
| c) | Price(s) and volume(s) | Name Volume(s) Exercise Price(s) 1) Gordon Hart 2) David Price 3) Ian Staunton 4) Patrick Elliott 5) Nicholas Walley 6) Steven Hunt 1) 70,000,000 2) 70,000,000 3) 30,000,000 4) 30,000,000 5) 30,000,000 6) 30,000,000 1) 0.23 pence 2) 0.23 pence 3) 0.23 pence 4) 0.23 pence 5) 0.23 pence 6) 0.23 pence | ||
| d) | Aggregated information - Aggregated volume - Price | n/a | ||
| e) | Date of the transaction | 24 August 2026 | ||
| f) | Place of the transaction | Outside a trading venue | ||
Cleaned text: letterheads, contacts and legal notices removed. View the original announcement ↗ · Company filings. Not investment advice.