Issue of Options
Talisman Metals PLC has announced the issue of 200,000 share options to two key employees, Vernon Shein and Driss El Bouhli, with an exercise price of 8.5 pence per ordinary share. These options, representing 0.28% of the company's current issued share count, will fully vest on the first anniversary of the grant date and have a three-year term. This move follows the expansion of the management team since the company's AIM admission on 27 January 2026.
Select text to share a quote on X · sign in to keep highlights & notes in your TLM notes
Talisman Metals PLC (“Talisman” or the “Company”) announces an issue of options to Vernon Shein (Lead Geologist) and Driss El Bouhli (Country Manager/Senior Geologist) with effect from 9 October 2026. Since the Company's admission to AIM on 27 January 2026 the management team has expanded to meet the business objectives of the Group. The Board of the Company has accordingly approved the grant of options over 100,000 Ordinary Shares (the "Options") to Vernon Shein and Driss El Bouhli (200,000 Options in total), which represent 0.28% of the Company’s present issued and outstanding share count.
The principal terms of the Options are:
Exercise price of 8.5 pence per ordinary share.
The Options vest fully on the first anniversary of the date of grant, subject to the option holder remaining a Nominated Person under the Share Option Scheme (please see Admission Document of 31 December 2025 for reference); and, once vested, may be exercised in accordance with the rules of the Share Option Scheme.
The Options have a term of three years from the date of grant.
Distribution
Cleaned text: letterheads, contacts and legal notices removed. View the original announcement ↗ · Company filings. Not investment advice.