| Thu 26 Jun 2025, 13:45 | | RENERGEN LIMITED - Exercise of options in terms of the Renergen bonus share plan and dealings in shares by directors |
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Exercise of options in terms of the Renergen bonus share plan and dealings in shares by directors
RENERGEN LIMITED
Incorporated in the Republic of South Africa
(Registration number: 2014/195093/06)
JSE Share code: REN
A2X Share code: REN
ISIN: ZAE000202610
LEI: 378900B1512179F35A69
Australian Business Number (ABN): 93 998 352 675
ASX Share code: RLT
("Renergen" or "the Company")
EXERCISE OF OPTIONS IN TERMS OF THE RENERGEN BONUS SHARE PLAN AND DEALINGS IN
SHARES BY DIRECTORS
Shareholders are referred to the joint firm intention announcement by Renergen and ASP Isotopes Inc, published
on SENS and on the ASX on 20 May 2025, which referred to shares which Renergen was obliged to issue in
terms of the Renergen Bonus Share Plan, approved in 2017 ("Bonus Share Plan"). Following Renergen's
withdrawal of the cautionary announcement on 12 June 2025, a number of options which were previously
awarded under the Bonus Share Plan, vested and were exercised by the relevant participants.
In compliance with paragraphs 3.63 to 3.74 of the JSE Listings Requirements, the following information regarding
the exercise of options under the Bonus Share Plan, and the subsequent disposal in order to settle tax obligations
arising from the exercise of options, resulting in a net acquisition of Renergen shares by the directors, is disclosed.
1.
NAME OF DIRECTOR Stefano Marani
COMPANY OF WHICH A DIRECTOR Renergen
STATUS: EXECUTIVE/NON-EXECUTIVE Executive
TYPE AND CLASS OF SECURITIES Ordinary shares
NATURE OF TRANSACTION Exercise of options by the director in terms of the
Renergen Bonus Share Plan
(off-market transaction)
VESTING DATE AND PERIOD Awards vested on 20 June 2025, being the date on
which the participant satisfied the employment
condition(s) as specified in the award letter, and, to the
extent applicable, any other conditions imposed.
EXERCISE DATE 23 June 2025
STRIKE PRICE (RAND) R0
NUMBER OF OPTIONS EXERCISED 70 135
NUMBER OF SHARES RECEIVED 70 135
TOTAL DEEMED RAND VALUE OF R854 244.30
TRANSACTION (BASED ON THE CLOSING
SHARE PRICE OF R12.18 ON 23 JUNE 2025)
NATURE AND EXTENT OF INTEREST IN THE Direct, beneficial
TRANSACTION
2.
NAME OF DIRECTOR Stefano Marani
COMPANY OF WHICH A DIRECTOR Renergen
STATUS: EXECUTIVE/NON-EXECUTIVE Executive
TYPE AND CLASS OF SECURITIES Ordinary shares
NATURE OF TRANSACTION Disposal of shares in order to settle tax obligations
arising from the exercise of options as set out above,
resulting in a net acquisition of 37 521 shares by the
director (on-market transaction)
DATE OF TRANSACTION 23 June 2025
PRICE PER SECURITY R11.85
NUMBER OF SECURITIES TRANSACTED 32 614
TOTAL RAND VALUE OF SECURITIES R386 475.90
TRANSACTED
NATURE AND EXTENT OF INTEREST IN THE Direct, beneficial
TRANSACTION
3.
NAME OF DIRECTOR Nicolas Mitchell
COMPANY OF WHICH A DIRECTOR Renergen
STATUS: EXECUTIVE/NON-EXECUTIVE Executive
TYPE AND CLASS OF SECURITIES Ordinary shares
NATURE OF TRANSACTION Exercise of options by the director in terms of the
Renergen Bonus Share Plan
(off-market transaction)
VESTING DATE AND PERIOD Awards vested on 20 June 2025, being the date on
which the participant satisfied the employment
condition(s) as specified in the award letter, and, to the
extent applicable, any other conditions imposed.
EXERCISE DATE 23 June 2025
STRIKE PRICE (RAND) R0
NUMBER OF OPTIONS EXERCISED 72 271
NUMBER OF SHARES RECEIVED 72 271
TOTAL DEEMED RAND VALUE OF R880 260.78
TRANSACTION (BASED ON THE CLOSING
SHARE PRICE OF R12.18 ON 23 JUNE 2025)
NATURE AND EXTENT OF INTEREST IN THE Direct, beneficial
TRANSACTION
4.
NAME OF DIRECTOR Nicolas Mitchell
COMPANY OF WHICH A DIRECTOR Renergen
STATUS: EXECUTIVE/NON-EXECUTIVE Executive
TYPE AND CLASS OF SECURITIES Ordinary shares
NATURE OF TRANSACTION Disposal of shares in order to settle tax obligations
arising from the exercise of options as set out above,
resulting in a net acquisition of 38 664 shares by the
director (on-market transaction)
DATE OF TRANSACTION 23 June 2025
PRICE PER SECURITY R11.85
NUMBER OF SECURITIES TRANSACTED 33 607
TOTAL RAND VALUE OF SECURITIES R398 242.95
TRANSACTED
NATURE AND EXTENT OF INTEREST IN THE Direct, beneficial
TRANSACTION
5.
NAME OF DIRECTOR Brian Harvey
COMPANY OF WHICH A DIRECTOR Renergen
STATUS: EXECUTIVE/NON-EXECUTIVE Executive
TYPE AND CLASS OF SECURITIES Ordinary shares
NATURE OF TRANSACTION Exercise of options by the director in terms of the
Renergen Bonus Share Plan
(off-market transaction)
VESTING DATE AND PERIOD Awards vested on 20 June 2025, being the date on
which the participant satisfied the employment
condition(s) as specified in the award letter, and, to the
extent applicable, any other conditions imposed.
EXERCISE DATE 24 June 2025
STRIKE PRICE (RAND) R0
NUMBER OF OPTIONS EXERCISED 41 260
NUMBER OF SHARES RECEIVED 41 260
TOTAL DEEMED RAND VALUE OF R499 246
TRANSACTION (BASED ON THE CLOSING
SHARE PRICE OF R12.10 ON 24 JUNE 2025)
NATURE AND EXTENT OF INTEREST IN THE Direct, beneficial
TRANSACTION
6.
NAME OF DIRECTOR Brian Harvey
COMPANY OF WHICH A DIRECTOR Renergen
STATUS: EXECUTIVE/NON-EXECUTIVE Executive
TYPE AND CLASS OF SECURITIES Ordinary shares
NATURE OF TRANSACTION Disposal of shares in order to settle tax obligations
arising from the exercise of options as set out above,
resulting in a net acquisition of 22 073 shares by the
director (on-market transaction)
DATE OF TRANSACTION 24 June 2025
PRICE PER SECURITY R11.71
NUMBER OF SECURITIES TRANSACTED 19 187
TOTAL RAND VALUE OF SECURITIES R224 679.77
TRANSACTED
NATURE AND EXTENT OF INTEREST IN THE Direct, beneficial
TRANSACTION
The independent board of directors of Renergen accepts responsibility for the information contained in this
announcement and confirms that, to the best of its knowledge and belief, such information is true and this
announcement does not omit anything likely to affect the importance of such information.
Clearance for the above was obtained in terms of paragraph 3.66 of the JSE Listings Requirements.
26 June 2025
Designated Advisor
PSG Capital
www.renergen.co.za
Date: 26-06-2025 01:45:00
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