In Pursuit of Gold: New Executives at SolGold Rewarded with Lucrative Share Options
Mining giant SolGold has set its sights on a glittering future by granting significant share options to their newly appointed Chief Executive Officer, Slobodan Vujcic, and Chief Financial Officer, Christopher Stackhouse. The move, part of executive incentive and employee share plans, signals the company’s commitment to experiencing sustained prosperity under fresh and strong leadership. As part of his appointment as CEO, Mr. Vujcic has been granted options over 15 million ordinary shares in the company, valued at £0.01 each. These shares will vest over three dates: 5 million on 11 April 2026, the same quantity on 11 April 2027, and a final 5 million set for 11 April 2028. Alongside these specified vesting dates, the granted shares carry a maximum term of ten years from the date of the grant. Mr. Stackhouse, on the other hand, as part of his lucrative remuneration package, has been awarded options on 5 million ordinary shares. Like Vujcic’s, they are priced at £0.01 each, but their vesting timetable differs slightly. Stackhouse will receive 1,666,667 shares on 11 April 2025, a similar allocation on January 1, 2026, and the remaining share options on January 1, 2027. His share options have been priced at 110% of the closing share price as reported on the London Stock Exchange on the day before the grant and carry a maximum term of six years from the grant date. These brave actions unmistakably display SolGold’s desire to accelerate their financial prosperity while ensuring both Vujcic and Stackhouse are appropriately rewarded for any advances under their new leadership roles. Boldly diving into what lies beneath and confidently pursuing new riches, it seems SolGold bosses have struck gold with their executive appointments.
- •Director/PDMR Shareholding investegate.co.uk15-04-2025