20th Nov 2025 07:00
PDMR Long-Term Incentive Plan Award
20 November 2025 - Singapore: Jadestone Energy plc (AIM:JSE) (the "Company" and together with its subsidiaries, "Jadestone" or the "Group"), an independent upstream production and development company focused on the Asia-Pacific region, announces that on 20 November 2025 it granted (a) 260,584 share options; (b) 344,678 performance shares; and (c) 295,438 restricted shares to Andrew Fairclough, Chief Financial Officer.
Upon vesting, the share option grants will be exercisable at a price of GBP 0.24 per share for a period of five years from the grant date of the options.
The market value of the performance shares grant is GBP 0.1847 per share. The number of performance shares to be issued on vesting will be determined against two performance measures which will be applied annually: (i) an ESG[1] metric based on the Group's Scope 1 and 2 greenhouse gas emissions from operated assets over the 2025-27 period, weighted at 35%, and (ii) an absolute total shareholder return metric over the 2025-2027 period, weighted at 65%.
The market value of the restricted shares grant is GBP 0.1847 per share.
Mr. T Mitch Little, Executive Director and CEO of the Company, received 1,142,648 Restricted Share Units (equivalent to US$300,000) with a three-year vesting period as part of his sign-on package when joining the Company in June 2025.
Andrew Fairclough, Executive Director and Chief Financial Officer of the Company is a person discharging managerial responsibilities. The FCA notification, made in accordance with the requirements of the UK Market Abuse Regulation, is appended below and gives further details on the transactions.
DEALING NOTIFICATION FORM FOR USE BY PERSONS DISCHARGING MANAGERIAL RESPONSIBILITY AND THEIR CLOSELY ASSOCIATED PERSONS
1. | Details of the person discharging managerial responsibilities/person closely associated | |||||||||
a) | Name: | Andrew Fairclough
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2. | Reason for the notification | |||||||||
a) | Position/status: | Executive Director and Chief Financial Officer
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b) | Initial notification/Amendment: | Initial Notification | ||||||||
3. | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | |||||||||
a) | Name | Jadestone Energy Plc
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b) | LEI: | 21380076GWJ8XDYKVQ37
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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 £0.001 each in the share capital of Jadestone Energy plc
ISIN: GB00BLR71299
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b) | Nature of the transaction: | i) Share options award; ii) Performance shares award; and i) Restricted shares award
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c) | Price(s) and volume(s): |
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d) | Aggregated information: · Aggregated volume: · Price: |
900,700 ordinary shares Nil
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e) | Date of the transaction: | 20 November 2025
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f) | Place of the transaction: | XOFF
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-ends-
For further information, please contact:
Jadestone Energy plc | |
Phil Corbett, Head of Investor Relations | +44 (0) 7713 687467 (UK) |
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Stifel Nicolaus Europe Limited (Nomad, Joint Broker) | +44 (0) 20 7710 7600 (UK) |
Callum Stewart | |
Jason Grossman | |
Ashton Clanfield | |
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Berenberg (Joint Broker) | +44 (0) 20 3757 4980 (UK) |
Ciaran Walsh | |
Dan Gee-Summons | |
Ryan Mahnke | |
Camarco (Public Relations Advisor) | +44 (0) 203 757 4980 (UK) |
Billy Clegg | |
Georgia Edmonds | |
Poppy Hawkins |
About Jadestone Energy
Jadestone Energy plc is an independent upstream company focused on the Asia-Pacific region. It has a balanced and increasingly diversified portfolio of production and development assets in Australia, Malaysia, Indonesia and Vietnam, all stable jurisdictions with a positive upstream investment climate.
The Company is pursuing a strategy to grow and diversify the Company's production base both organically, through developments such as Nam Du/U Minh in Vietnam and the Puteri Cluster offshore Malaysia, as well as through acquisitions that fit within Jadestone's financial framework and play to the Company's strengths in managing maturing oil assets. Jadestone delivers value in its acquisition strategy by enhancing returns through operating efficiencies, cost reductions and increased production through further investment.
Jadestone is a responsible operator and well positioned for the energy transition through its increasing gas production, by maximising recovery from existing brownfield developments and through its Net Zero pledge on Scope 1 & 2 GHG emissions from operated assets by 2040. This strategy is aligned with the IEA Net Zero by 2050 scenario, which stresses the necessity of continued investment in existing upstream assets to avoid an energy crisis and meet demand for oil and gas through the energy transition.
Jadestone Energy plc (LEI: 21380076GWJ8XDYKVQ37) is listed on the AIM market of the London Stock Exchange (AIM: JSE). The Company is headquartered in Singapore. For further information on the Company please visit www.jadestone-energy.com.
The information contained within this announcement is considered to be inside information prior to its release, as defined in Article 7 of the Market Abuse Regulation No. 596/2014 which is part of UK law by virtue of the European Union (Withdrawal) Act 2018.
[1] Environmental, Social and Governance
Related Shares:
Jadestone Energy