What does First Class Metals plc do and where do its shares trade?

First Class Metals plc describes itself as an Ontario focused gold and critical metals exploration company. Its shares trade on the London Stock Exchange under the ticker LSE: FCM.

How many share options does First Class Metals plc have outstanding after the issue?

Following the issue, First Class Metals plc said it had 14,795,000 share options outstanding, representing approximately 3.3% of its issued share capital.

Who received the new First Class Metals plc share options?

The options were granted to James Knowles, Marc Sale, Marc Bamber, Andrew Williamson and Siddharth Muricken. Their stated positions are Executive Chairman, Director & CEO, NED, NED and Company Secretary respectively.

What are the £0.05 First Class Metals plc options and how do they vest?

The £0.05 options were granted to James Knowles, Marc Sale, Marc Bamber, Andrew Williamson and Siddharth Muricken in amounts of 2,000,000, 2,000,000, 1,000,000, 1,000,000 and 1,000,000 respectively. They vest in three equal tranches on the Date of Grant, the first anniversary of the Date of Grant and the second anniversary of the Date of Grant, and are exercisable for a period of three years from the Date of Grant.

What are the terms of Marc Sale's 795,000 First Class Metals plc options?

Marc Sale received 795,000 options with an exercise price of £0.02. They vest immediately on the Date of Grant and expire on 28 July 2027.

When was the Date of Grant for the First Class Metals plc options?

The Date of Grant for all of the options was 17 July 2026.

Why did First Class Metals plc grant these share options?

First Class Metals plc said the options were granted to directors and senior management in recognition of their continued contribution to the company and to further align their interests with those of shareholders through the company's long-term growth strategy.

Which First Class Metals plc prospectus proposals do the options relate to?

The options with exercise prices of £0.05 and £0.10 relate to awards proposed in First Class Metals plc's prospectus published on 25 February 2025. The 795,000 options granted to Marc Sale at £0.02 were awarded under proposals in the company's prospectus published on 26 July 2022 in conjunction with the company's admission to the Official List.

What exercise prices and option volumes did First Class Metals plc disclose in its transaction notification?

The transaction notification listed 795,000 options at 2p, 7,000,000 options at 5.0p and 7,000,000 options at 10.0p. It described the transaction as a grant and issue of options dated 17 July 2026, with the place of the transaction stated as London UK.

Home
News Intelligence
First Class Metals PLC
First Class Metals Issues 14,795,000 Share Options to Directors and Senior Management

Back to all First Class Metals PLC press releases

First Class Metals PLC

LSE:FCM
OTC:FCMXF

First Class Metals Issues 14,795,000 Share Options to Directors and Senior Management

Published Friday, 17 July 2026, 09:16 AM

Get alerts

Plain English summaries when First Class Metals PLC announces news.

At a glance

Company: First Class Metals PLC
Listings: LSE:FCM, OTC:FCMXF
Announcement type: Financing
Published: Friday, 17 July 2026, 09:16 AM
Source announcement: investegate.co.uk

Key figures
Measure	Figure
Share options outstanding	14,795,000 share options
Options granted to Marc Sale	795,000 Options

Figures are quoted from this announcement and selected automatically.

FAQSIR Generated from this announcement View original release below for safe harbor and regulatory notices

Announcement Summary

First Class Metals plc (LSE: FCM) has issued share options under its Share Option Plan to directors and senior management.

The issue covers options over 14,795,000 ordinary shares of £0.001 each.
At £0.05, James Knowles and Marc Sale each received 2,000,000 options; three others each received 1,000,000.
At £0.10, James Knowles and Marc Sale each received 2,000,000 options; three others each received 1,000,000.
The £0.05 options vest in three equal tranches and can be exercised for three years; £0.10 options vest in four and can be exercised for four years.
Marc Sale received 795,000 options at £0.02; these vest immediately on July 17, 2026, and expire on July 28, 2027.

The transaction date and place were July 17, 2026, in London, UK. After the issue, 14,795,000 share options were outstanding, representing approximately 3.3% of issued share capital.

Investor FAQs

First Class Metals plc announced that it had issued options over a total of 14,795,000 ordinary shares of £0.001 each under its Share Option Plan. The options were granted to directors and senior management.

Source announcement

Company: First Class Metals PLC
Title: Issue of Share Options
Published: Friday, 17 July 2026, 09:16 AM
Source site: investegate.co.uk

Read the source announcement on investegate.co.uk

FAQSIR's summary and investor FAQs are generated by AI from the text of this announcement alone, without information from other sources.

Figures, forecasts and other claims are the announcement's, not FAQSIR's. FAQSIR does not independently verify them.

Read the original press release

Full text as published, unedited.

Loading the original release…

Important Notice And Disclaimer

This article was generated by an artificial intelligence system from an announcement published by the issuer. It has not been independently researched, verified, or edited by a journalist, and no person holds editorial responsibility for its wording.

The issuer named in this article has not paid for this page and has no commercial relationship with its publisher. This is an unpaid evaluation preview produced from announcements the issuer published publicly, and it is not independent editorial coverage.

This article does not provide any financial advice and is not a recommendation to deal in any securities or product. Investments may fall in value and an investor may lose some or all of their investment. Past performance is not an indicator of future performance.

Ask about this announcement

Answers drawn only from this announcement

Reading the announcement…