4th Jul 2025 12:35
4 July 2025
Mosman Oil and Gas Limited
("Mosman" or the "Company")
Grant of Options
Further to the Company's announcement of 25 June 2025, Mosman Oil & Gas Limited (LSE: MSMN), today announces the Granting of previously agreed Options pursuant to the passing of Resolution 5 at the Company Annual General Meeting held on 29 November 2024, a total of 229,815,217 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 466,862,680 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 30 June 2025.
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 |
229,815,217 | 0.077p | 30 June 2028 |
Enquiries:
Mosman Oil & Gas Limited Carl Dumbrell Chairman
| 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 +44 (0) 7525 324431
| 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 royalty interest 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 | Former CEO Director | ||||
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 instrumentIdentification code | Ordinary shares of Mosman Oil and Gas LimitedAU0000XINET1 | ||||
b) | Nature of the transaction | Issue of options
| ||||
c) | Price(s) and volume(s) |
| ||||
d) | Aggregated information - Aggregated volume - Price |
Single transaction as in 4c) above | ||||
e) | Date of the transaction | 4 July 2025 | ||||
f) | Place of the transaction | Outside a trading venue | ||||
Related Shares:
Mosman Oil & Gas