REG - Europa Oil & Gas - Award of Options

Europa Oil & Gas (Holdings)Announcement

09/04/2025 17:00

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RNS Number : 3792E  Europa Oil & Gas (Holdings) PLC  09 April 2025

 

Europa Oil & Gas (Holdings) plc / Index: AIM / Epic: EOG / Sector: Oil
& Gas

 

9 April 2025

 

Europa Oil & Gas (Holdings) plc

("Europa" or the "Company")

 

Award of Options

 

Europa Oil & Gas (Holdings) plc, the AIM quoted UK, West Africa and
Ireland focused oil and gas exploration, development and production company,
announces that on 9 April 2025 (the "Grant Date"), under the Company's 2024
EMI scheme, a total of 5,599,840 options were granted over Ordinary Shares.

 

 Grantee          Number of EMI Options Granted  Exercise Price of EMI Options Granted  Number of EMI Options already held  Resultant total number of options held
 William Holland  5,599,840                      £0.01                                  20,000,000                          25,599,840

 

The options granted shall vest on the third anniversary of the Grant Date (the
"Vesting Date"), expire ten years from the Grant Date, and are subject to a
performance condition requiring the volume weighted average share price over
the last 20 trading days prior to the Vesting Date to be greater than or equal
to 1.25 times the volume weighted average share price over the last 20 trading
days prior to the Grant Date.

 

Following the above-mentioned option award, as of 9 April 2025, the Company
has a total of 56,439,840 options outstanding over Ordinary Shares.

 

 

* * ENDS * *

 

For further information, please visit www.europaoil.com or contact:

 

 William Holland / Louise Armstrong                              Europa Oil & Gas (Holdings) plc            mail@europaoil.com

 Samantha Harrison / Ciara Donnelly / Elliot Peters              Grant Thornton UK LLP - Nominated Adviser  +44 (0) 20 7383 5100

 Peter Krens                                                     Tennyson Securities                        +44 (0) 20 7186 9033

 Patrick d'Ancona / Finlay Thomson / Kendall Hill / Anna Stacey  Vigo Consulting                            +44 (0) 20 7390 0230

 

 

 

Notification and public disclosure of transactions by persons discharging
managerial responsibilities and persons closely associated with them.

 

 

 1    Details of the person discharging managerial responsibilities

 a)   Name                                                         William Holland

 2    Reason for the notification
 a)   Position/status                                              Chief Executive Officer

 b)   Initial notification /Amendment                              Initial notification
 3    Details of the issuer, emission allowance market participant, auction
      platform, auctioneer or auction monitor
 a)   Name                                                         EUROPA OIL & GAS (HOLDINGS) PLC

 b)   LEI                                                          213800JWTCW7TN3WRC06

 4    Details of the transaction(s): section to be repeated for (i) each type of

    instrument; (ii) each type of transaction; (iii) each date; and (iv) each
      place where transactions have been conducted
 a)   Description of the financial instrument, type of instrument  Ordinary Shares of 1p each

      Identification code

                                                                   GB00B03CJS30
 b)   Nature of the transaction                                    Grant of Options under EMI scheme

 c)   Price(s) and volume(s)                                       Name             Price(s)           Volume(s)

                                                            William Holland  1.00 pence         5,599,840

                                                                            (exercise price)

 
 d)   Aggregated information

      -  Aggregated volume                                         -      5,599,840

      -  Price                                                     -      N/A

 e)   Date of the transaction                                      09/04/2025

 f)   Place of the transaction                                     Outside a trading venue

 

d)

 

Aggregated information

 

-  Aggregated volume

 

-  Price

 

 

 

-      5,599,840

 

-      N/A

 

e)

 

Date of the transaction

 

09/04/2025

f)

 

Place of the transaction

 

Outside a trading venue

 

 

 

 

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