10 December 2024
Mosman Oil and Gas
Limited
("Mosman"
or the "Company")
Issue of
Options
Capital Structure
Update
Mosman Oil and Gas Limited (AIM:
MSMN) the helium, hydrogen and hydrocarbon exploration, development
and production company, announces the grant of options to Mr Andrew
Carroll as approved at the recent AGM and announced, alongside the
exercise price of 0.077p on 29 November 2024 and provides an
updated summary of its capital structure.
Capital Structure Update
Shares
Number of Shares in issue:
19,537,077,218 (as at 10 December 2024)
Percentage of Shares not in public
hands: 1.19%
Number of Shares not in public
hands: 232,967,767
Director Shareholding
|
Name of
Director
|
No. of Ordinary
Shares
|
% of Ordinary Share
Capital
|
No. of
Warrants/Options
|
|
Andrew
Carroll
|
169,296,432
|
0.87%
|
237,047,463
|
|
Nigel
Harvey
|
63,671,335
|
0.32%
|
21,052,632
|
|
Carl
Dumbrell
|
-
|
-
|
-
|
Table of Director share acquisitions in 2024
|
Name of
Director
|
31 December 2023
Balance
|
Shares Acquired 13 February
2024
|
Shares Acquired 5 December
20241
|
10 December 2024
Balance
|
|
Andrew
Carroll
|
63,657,334
|
84,210,526
|
21,428,572
|
169,296,432
|
|
Nigel
Harvey
|
137,500
|
42,105,263
|
21,428,572
|
63,671,335
|
1. Pursuant
to the passing of Resolutions 2 and 3 at the Company Annual General
Meeting held on 29 November 2024, 21,428,572 shares were issued to
Mr Carroll and 21,428,572 shares were issued to Mr Harvey on 5
December 2024.
Grant of Options
Pursuant to the passing of
Resolution 4 at the Company Annual General Meeting held on 29
November 2024, a total of 194,942,200 options with an exercise
price of 0.077p, exercisable for 3 years have been granted to Mr
Andrew Carroll. Mr Carroll now holds a total of 237,047,463
warrants/options in the Company. The exercise price of the options
was calculated and announced previously and was based on a premium
to the average 5 day VWAP share price ahead of the AGM.
Total Warrants/Options over shares in the Company outstanding
as at 10 December 2024
|
Number of
Warrants/Options
|
Exercisable
at
|
Expiry Date
|
|
428,571,428
|
0.07p
|
20 July
2025
|
|
80,000,000
|
0.025p
|
5
December 2025
|
|
120,000,000
|
0.025p
|
8
February 2026
|
|
63,157,895
|
0.025p
|
13
February 2026
|
|
254,571,428
|
0.035p
|
19
September 2026
|
|
194,942,200
|
0.077p
|
10
December 2027
|
Enquiries:
|
Mosman Oil & Gas Limited
Andy Carroll
CEO
acarroll@mosmanoilandgas.com
|
NOMAD and Joint Broker
SP Angel Corporate Finance
LLP
Stuart Gledhill / Richard Hail /
Adam Cowl
+44 (0) 20 3470 0470
|
|
Alma
Justine James / Will
Merison
+44 (0) 20 3405 0205
mosman@almastrategic.com
|
Joint Broker
CMC Markets UK Plc
Douglas Crippen
+44 (0) 020 3003 8632
|
Updates on the Company's activities
are regularly posted on its website: www.mosmanoilandgas.com
Notes to editors
Mosman (AIM: MSMN) is a helium,
hydrogen and hydrocarbon exploration, development, and production
company with projects in the US and Australia. Mosman's strategic
objectives remain consistent: to identify opportunities which will
provide operating cash flow and have development upside, in
conjunction with progressing exploration. The Company has several
projects in the US, in addition to exploration projects in the
Amadeus Basin in Central Australia.
|
1.
|
Details of PDMR/person closely associated with them
("PCA")
|
|
a)
|
Name
|
Andy Carroll
|
|
2.
|
Reason for the notification
|
|
a)
|
Position/status
|
CEO
|
|
b)
|
Initial notification/
amendment
|
Initial notification
|
|
3.
|
Details of the issuer, emission allowance market participant,
auction platform, auctioneer or auction monitor
|
|
a)
|
Full name of the entity
|
Mosman Oil and Gas
Limited
|
|
b)
|
Legal Entity Identifier
code
|
213800PWZID9URNNGZ54
|
|
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
Identification code
|
Ordinary shares of Mosman Oil and Gas
Limited
AU0000XINET1
|
|
b)
|
Nature of the transaction
|
Issue of options
|
|
c)
|
Price(s) and volume(s)
|
|
Price(s)
|
Volume(s)
|
|
0.077p
|
194,942,200
|
|
|
d)
|
Aggregated information
- Aggregated
volume
-
Price
|
Single transaction as in 4c)
above
|
|
e)
|
Date of the transaction
|
10 December 2024
|
|
f)
|
Place of the transaction
|
Outside a trading venue
|