Molten Ventures Plc: Grant of Share Options to Key Personnel

Molten Ventures Plc (LSE: GROW, Euronext Dublin: GRW) has announced the awarding of options over 977,169 ordinary shares. These awards were made to key persons discharging managerial responsibilities (PDMRs) under the Company’s 2021 Long-Term Incentive Plan (LTIP) and 2021 Deferred Bonus Plan (DBP).

Martin Davis, the CEO, received 337,512 options under LTIP and 73,751 options under DBP. Stuart Chapman, an Executive Director, was awarded 231,995 options under LTIP and 50,694 under DBP. Ben Wilkinson, the CFO, was granted 233,592 options under LTIP and 49,625 under DBP.

The LTIP options carry an exercise price of 1p each and are subject to specific performance conditions outlined in the Annual Report for the year ended 31 March 2024. The DBP options also have an exercise price of 1p each and a deferral period of two years before they can be exercised.