Empire Metals adopts LTIP, grants 8.25 million nil-cost share awards and 12 million options at GBP 0.4

Reuters2026/07/16 06:00

By:Reuters

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Empire Metals adopted a long-term incentive plan on July 16, 2026, issuing 8.25 million nil-cost share awards from its employee benefit trust.
Granted options over 12 million new ordinary shares at GBP 0.4; combined awards equal about 2.67% of issued share capital.
Vesting depends on the closing share price meeting targets for 10 consecutive trading days; four 25% tranches at GBP 0.5, GBP 0.63, GBP 0.78, GBP 0.98.
Managing Director Shaun Bunn received 3 million EBT awards, 3 million options; Finance Director Greg Kuenzel received 3 million EBT awards, 3 million options.
Post-grant share-scheme commitments, including outstanding options and EBT-held shares, total about 12.7% of issued share capital.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Empire Metals Ltd. published the original content used to generate this news brief via ACCESS Newswire (Ref. ID: 202607160200ACCESSWRNAPR_____1191788) on July 16, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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Empire Metals adopts LTIP, grants 8.25 million nil-cost share awards and 12 million options at GBP 0.4

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