Exercise of Restricted Share Units
Sintana Energy Inc. announced that 4,200,000 restricted share units vested on June 27, 2026, for several directors and service providers, resulting in the conversion of these units into common shares. Following this, the total issued share capital will be 560,432,493 common shares, with admission of the new shares expected on or about July 3, 2026. Key individuals like Robert Bose, CEO, now hold 4.89% of the company's shares, and Knowledge Katti, a Non-Executive Director, holds 4.12%.
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TORONTO, JUNE 30, 2026 - Sintana Energy Inc. (TSX-V: SEI, AIM: SEI, OTCQX: SEUSF) ("Sintana" or the "Company") reports that a total of 4,200,000 restricted share units ("RSUs") previously granted to several directors and service providers of the Company vested on June 27, 2026. Accordingly, the Company reports that the following Persons Discharging Managerial Responsibilities ("PDMRs") have converted RSUs into Common Shares:
| Name of PDMR | Number of RSUs converted into Common Shares | Resultant holding in the Company | Resultant percentage interest in the Company (3) |
|---|---|---|---|
| Keith Spickelmier (Non-Executive Chairman) | 600,000 | 7,152,500 | 1.28% |
| Douglas Manner (Non-Executive Director) | 600,000 | 5,795,558 | 1.03% |
| Knowledge Katti (Non-Executive Director) | 600,000 | 23,090,001 (1) | 4.12% (1) |
| Robert Bose (Chief Executive Officer & Executive Director) | 600,000 | 27,427,368 (2) | 4.89% (2) |
| Sean Austin (co-secretary and treasurer) | 600,000 | 9,175,000 | 1.64% |
Notes:
- Mr. Katti holds the legal and beneficial title in 1,250,000 Common Shares. Mr. Katti is also the beneficial owner of 21,840,001 Common Shares held by Grisham Assets Corp.
- Mr. Bose holds the legal and beneficial title in 2,813,503 Common Shares. Mr. Bose is also regarded as the beneficial owner of 24,613,865 Common Shares held by Charlestown Energy Partners LLC given his association with that entity.
- Calculated based on an aggregate of 560,432,493 common shares of the Company issued and outstanding.
Total Voting Rights
Application has been made for admission to trading on the AIM of a total of 4,200,000 new Common Shares of no-par value ("Admission"). Admission is expected on or about 3 July 2026. Subject to Admission, the new Common Shares will be issued and listed on both AIM and TSX Venture Exchange, and will rank pari passu with the Company's existing Common Shares. Following Admission, the Company's issued share capital will consist of 560,432,493 Common Shares, with each Common Share carrying the right to one vote. The Company does not hold any Common Shares in treasury.
This figure of 560,432,493 Common Shares may therefore be used by shareholders in the Company, as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change in their interest in, the share capital of the Company under the FCA's Disclosure Guidance and Transparency Rules.
| a) | Position/status | 1. Non-Executive Chairman 2. Non-Executive Director 3. Non-Executive Director 4. Chief Executive Officer & Executive Director 5. Co-Secretary and Treasurer |
| b) | Initial notification /Amendment | Initial Notification |
| a) | Name | Sintana Energy inc. |
| b) | LEI | 984500ETD72B0D4E4645 |
| a) | Description of the financial instrument, type of instrument | Restricted share units over common shares |
| Identification code | CA82938H1073 | |
| b) | Nature of the transaction | Vesting of restricted share units. |
| c) | Price(s) and volume(s) | Prices(s) Volume Keith Spickelmier N/A 600,000 Douglas Manner N/A 600,000 Knowledge Katti N/A 600,000 Robert Bose N/A 600,000 Sean Austin N/A 600,000 |
| d) | - Aggregated volume Price | Price N/A, 3,000,000 Restricted Share Units. |
| e) | Date of the transaction | 27 June 2026 |
| f) | Place of the transaction | TSX-V |
Cleaned text: letterheads, contacts and legal notices removed. View the original announcement ↗ · Company filings. Not investment advice.