Key Information

ISIN: GB00B15FS791
Exchange: NEX
Par: 0.01p
Inst Type: ORD
Symbol: MNRG
MiFID Status: MTF
Issued Shares: 205,218,980
Sector: Financial Services

* as at 3 December 2018

Share Price

Directors' Shareholdings:

97,258,694 Ordinary shares are held in public hands representing 59.82% of issued share capital.

Name Number of Ordinary Shares  % of Issued Share Capital
Christopher Latilla-Campbell (Chairman)(*) 36,040,442 17.56%
Rolf Gerritsen (CEO)(**) 1,000,000 0.49%
Gervaise Heddle (NED) 15,513,634 7.56%
Christian Schaffalitzky (NED) 4,600,000 2.24%
Total director holdings 57,154,076 27.85%


(*) Christopher Latilla-Campbell’s interests includes 24,750,000 shares held by Buchanan Trading Inc, in whose shares he is deemed to be interested, as he is a potential beneficiary of a discretionary trust which controls it.

(**) As announced on 23 February 2018, Rolf Gerritsen will be subscribing for 2,500,000 ordinary shares at 2p per share.

 

Outstanding Director Options:

Expiring 30 April 2021:  Number of Ordinary Shares  Exercise Price
Rolf Gerritsen (CEO)   5,000,000 3p per share

Outstanding Warrants:

  Number of Ordinary Shares  Exercise Price
Expiring 8 June 2020: 15,750,000 3p per share
Expiring 8 June 2020: 9,700,000 2p per share
Expiring 30 March 2021: 2,500,000 3p per share

Pursuant to his equity investment in the Company as announced on 23 February 2018, on completion of his investment Rolf Gerritsen will be issued with 2,500,000 warrants.  The warrants will have a term of 36 months from the date of grant and will be exercisable at 3p per share.

Effect of options and warrants exercise:

Should all the outstanding options and warrants outlined above be exercised the Company will receive additional funds of £891,500 and the fully diluted ordinary shares in issue will total 239,060,480 shares.

Effect of options and warrants exercise:

Should all the options and warrants outlined above be exercised the Company will receive additional funds of £1,006,250 and the fully diluted ordinary shares in issue will total 215,076,404 shares.