Mila Resources Grants Management Share Options and Extends Investor Warrants
Why we think this is neutral
This announcement does not contain any of the mandatory news types specified, such as contract news, order news, trading update, or annual results. It is a general corporate update on management share options and warrant extensions, which does not have a significant impact on the company's financial performance or outlook.
Key Points
- Mila Resources Plc has awarded share options to its senior management team
- The share options vest on 24 June 2025 and expire on 24 June 2030
- The Directors' options amount to 2.6% of the share capital following the admission of placing shares
- The company has also awarded options to other senior members of the team
- Mila Resources Plc has extended the expiry of 200,000,000 investor warrants from 9 November 2025 to 9 November 2026
Summary
Mila Resources Plc has awarded share options to its senior management team and extended the expiry of investor warrants. The share options vest on 24 June 2025 and expire on 24 June 2030, with the Directors' options amounting to 2.6% of the share capital following the admission of placing shares. The company has also awarded options to other senior members of the team. Additionally, the company has agreed to extend the expiry of 200,000,000 investor warrants from 9 November 2025 to 9 November 2026.