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On 30 July 2025, Milton Capital Plc announced that former director Edward Dawson relinquished 3,000,000 Share Options, originally awarded in November 2023 as part of a 7,500,000 package. The Company simultaneously awarded 3,000,000 new Share Options, with 1,000,000 each to Directors Richard Mays and Nick Pillar, and 1,000,000 to Consultants, all at an exercise price of 1.5p per share. These options vest on completion of a substantial transaction, have a 3-year expiry from vesting, and bring the total Share Options to 4,000,000 for Richard Mays, 1,750,000 for Nick Pillar, and 1,750,000 for Consultants.
| Date | 30 Jul 2025 |
| Time | 13:08:25 |
| Category | Miscellaneous |
| ID | 2321T |
30 July 2025
Milton Capital Plc
("Milton" or the "Company")
OPTIONS: AWARD AND CANCELLATION
The Company announces that following the resignation of Edward Dawson as a director of the Company, Edward has agreed to relinquish the three million (3,000,000) Share Options that were awarded to him, as part of a 7,500,000 award of options to directors and consultants in November 2023 ("Share Options").
In accordance with the Company's recently adopted remuneration policy the following new awards have been made to Directors and Consultants:
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Richard Mays (Director)
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1,000,000 |
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Nick Pillar (Director)
|
1,000,000 |
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Consultants |
1,000,000
|
All Share Options have an exercise price of 1.5p per share. Share Options will vest on completion of a substantial transaction and will have a life to expiry of 3 years from the date of vesting.
Following these recent Share Options award, the total Share Options awarded by the Company are as follows:
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|
Options |
|
Richard Mays |
4,000,000 |
|
Nick Pillar |
1,750,000 |
|
Consultants |
1,750,000 |
Enquiries
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Milton Capital plc Directors Richard Mays
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Peterhouse Capital Limited Financial Adviser Brefo Gyasi / Guy Miller
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+44 (0)20 7469 0930
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Corporate Broker Lucy Williams / Duncan Vasey |
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