REG - Zinnwald Lithium PLC - Issuance of Share Incentive Awards
12/02/2026 07:00
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RNS Number : 6739S Zinnwald Lithium PLC 12 February 2026
12 February 2026
Zinnwald Lithium plc
("Zinnwald Lithium" or the "Company")
Issuance of Share Incentive Awards
Zinnwald Lithium plc (AIM: ZNWD), the German focussed lithium development
company, announces the grant of a total of 2,918,813 Restricted Share Units
("RSUs") and 3,455,000 Options under the Company's Long-Term Incentive Plans
relating to performance in 2025, and a total of 880,932 Performance Share
Units ("PSUs") relating to performance from 1 January 2023 to 31 December
2025.
The RSUs being granted to Executive Management under the terms of the RSU
Scheme, approved by shareholders in October 2020, relate to the performance
period that ran from 1 January 2025 to 31 December 2025. The RSUs will
vest two years from the date of grant, being 12 February 2028. The RSUs are
being granted to Executive Management on the following basis:
Name Role No of RSUs Grant Date Vesting Date
Anton du Plessis CEO 1,592,080 12 February 2026 12 February 2028
Cherif Rifaat CFO 1,326,733 12 February 2026 12 February 2028
Total 2,918,813
The Options have been granted to employees, consultants and Directors under
the terms of the Scheme put in place at the time of the Company's original IPO
in 2017. These Options to acquire ordinary shares in the capital of the
Company have been granted at a price of 7.10p being the price at close on 11
February 2026. Such options vest as to 1/3 on the date of grant and an
additional 1/3 on each of the first and second anniversaries of the date of
grant and are exercisable for a period of five years. The Options are being
granted on the following basis:
Name Role No of Options Issue Price Grant Date Expiry Date
Jeremy Martin Non-executive Chairman 350,000 7.10p 12 February 2026 12 February 2031
Graham Brown Non-executive Director 250,000 7.10p 12 February 2026 12 February 2031
Peter Secker Non-executive Director 250,000 7.10p 12 February 2026 12 February 2031
Employees and Consultants 2,605,000 7.10p 12 February 2026 12 February 2031
Total 3,455,000
The PSUs being granted to Executive Management under the terms of the PSU
Scheme, approved by shareholders in October 2020, relate to the performance
period that ran from 1 January 2023 to 31 December 2025. The PSUs will
vest two years from the date of grant, being 12 February 2028. The PSUs are
being granted to Executive Management on the following basis:
Name Role No of PSUs Grant Date Vesting Date
Anton du Plessis CEO 480,508 12 February 2026 12 February 2028
Cherif Rifaat CFO 400,424 12 February 2026 12 February 2028
Total 880,932
ENDS
For further information visit the Zinnwald website www.zinnwaldlithium.com
(http://www.zinnwaldlithium.com/) or sign up to our investor community to
connect directly with the management team
investors.zinnwaldlithium.com/auth/signup
(https://investors.zinnwaldlithium.com/auth/signup) .
Anton du Plessis Zinnwald Lithium plc info@zinnwaldlithium.com (mailto:info@zinnwaldlithium.com)
Cherif Rifaat
Submit questions via the Zinnwald investor hub https://investors.zinnwaldlithium.com/s/92fa2f
(https://investors.zinnwaldlithium.com/s/92fa2f)
David Hart Allenby Capital +44 (0) 20 3328 5656
(Nominated Adviser)
Michael Seabrook Oberon Capital Ltd +44 (0) 20 3179 5300
Adam Pollock (Broker)
Jessica Cave
Isabel de Salis St Brides Partners zinnwald@stbridespartners.co.uk (mailto:zinnwald@stbridespartners.co.uk)
Paul Dulieu (Financial PR)
Notes
AIM quoted Zinnwald Lithium plc (EPIC: ZNWD.L) is focused on becoming an
important supplier of lithium hydroxide to Europe's fast-growing battery
sector. The Company owns 100% of the Zinnwald Lithium Project in Germany,
which has an approved mining licence, is located in the heart of Europe's
chemical and automotive industries and has the potential to be one of Europe's
more advanced battery grade lithium projects.
1 Details of the person discharging managerial responsibilities / person closely
associated
a) Name Name Position
Anton du Plessis CEO
Cherif Rifaat CFO
2 Reason for the notification
a) Position/status See 1a)
b) Initial notification /Amendment Initial notification
3 Details of the issuer, emission allowance market participant, auction
platform, auctioneer or auction monitor
a) Name Zinnwald Lithium plc
b) LEI 213800LXW3HPZ7ZSBE37
4 Details of the transaction(s): section to be repeated for (i) each type of
instrument; (ii) each type of transaction; (iii) each date; and (iv) each
place where transactions have been conducted
a) Description of the financial instrument, type of instrument RSUs in relation to ordinary shares of GBP0.01 each in Zinnwald Lithium plc
(or cash alternative at the Company's discretion)
Identification code
Identification code (ISIN) for Zinnwald Lithium plc ordinary
shares: GB00BFN4GY99
b) Nature of the transaction Grant of RSUs
c) Price(s) and volume(s) Name Price(s) Volume(s)
Anton du Plessis n/a 1,592,080
Cherif Rifaat n/a 1,326,733
d) Aggregated information n/a
- Aggregated volume
- Price
e) Date of the transaction 12 February 2026
f) Place of the transaction Outside a trading venue
a) Description of the financial instrument, type of instrument PSUs in relation to ordinary shares of GBP0.01 each in Zinnwald Lithium plc
(or cash alternative at the Company's discretion)
Identification code (ISIN) for Zinnwald Lithium plc ordinary
Identification code shares: GB00BFN4GY99
b) Nature of the transaction Grant of PSUs
c) Price(s) and volume(s) Name Price(s) Volume(s)
Anton du Plessis n/a 480,508
Cherif Rifaat n/a 400,424
d) Aggregated information n/a
- Aggregated volume
- Price
e) Date of the transaction 12 February 2026
f) Place of the transaction Outside a trading venue
2
Reason for the notification
a)
Position/status
See 1a)
b)
Initial notification /Amendment
Initial notification
3
Details of the issuer, emission allowance market participant, auction
platform, auctioneer or auction monitor
a)
Name
Zinnwald Lithium plc
b)
LEI
213800LXW3HPZ7ZSBE37
4
Details of the transaction(s): section to be repeated for (i) each type of
instrument; (ii) each type of transaction; (iii) each date; and (iv) each
place where transactions have been conducted
a)
Description of the financial instrument, type of instrument
Identification code
RSUs in relation to ordinary shares of GBP0.01 each in Zinnwald Lithium plc
(or cash alternative at the Company's discretion)
Identification code (ISIN) for Zinnwald Lithium plc ordinary
shares: GB00BFN4GY99
b)
Nature of the transaction
Grant of RSUs
c)
Price(s) and volume(s)
Name Price(s) Volume(s)
Anton du Plessis n/a 1,592,080
Cherif Rifaat n/a 1,326,733
d)
Aggregated information
- Aggregated volume
- Price
n/a
e)
Date of the transaction
12 February 2026
f)
Place of the transaction
Outside a trading venue
a)
Description of the financial instrument, type of instrument
Identification code
PSUs in relation to ordinary shares of GBP0.01 each in Zinnwald Lithium plc
(or cash alternative at the Company's discretion)
Identification code (ISIN) for Zinnwald Lithium plc ordinary
shares: GB00BFN4GY99
b)
Nature of the transaction
Grant of PSUs
c)
Price(s) and volume(s)
Name Price(s) Volume(s)
Anton du Plessis n/a 480,508
Cherif Rifaat n/a 400,424
d)
Aggregated information
- Aggregated volume
- Price
n/a
e)
Date of the transaction
12 February 2026
f)
Place of the transaction
Outside a trading venue
1 Details of the person discharging managerial responsibilities / person closely
associated
a) Name Name Position
Jeremy Martin Non-Executive Chairman
Graham Brown Non-Executive Director
Peter Secker Non-Executive Director
2 Reason for the notification
a) Position/status See 1a)
b) Initial notification /Amendment Initial notification
3 Details of the issuer, emission allowance market participant, auction
platform, auctioneer or auction monitor
a) Name Zinnwald Lithium plc
b) LEI 213800LXW3HPZ7ZSBE37
4 Details of the transaction(s): section to be repeated for (i) each type of
instrument; (ii) each type of transaction; (iii) each date; and (iv) each
place where transactions have been conducted
a) Description of the financial instrument, type of instrument Options over ordinary shares of GBP0.01 each in Zinnwald Lithium plc
Identification code
Identification code (ISIN) for Zinnwald Lithium plc ordinary
shares: GB00BFN4GY99
b) Nature of the transaction Grant of options over ordinary shares
c) Price(s) and volume(s) Name Price(s) Volume(s)
Jeremy Martin 7.10p 350,000
Graham Brown 7.10p 250,000
Peter Secker 7.10p 250,000
d) Aggregated information n/a
- Aggregated volume
- Price
e) Date of the transaction 12 February 2026
f) Place of the transaction Outside a trading venue
2
Reason for the notification
a)
Position/status
See 1a)
b)
Initial notification /Amendment
Initial notification
3
Details of the issuer, emission allowance market participant, auction
platform, auctioneer or auction monitor
a)
Name
Zinnwald Lithium plc
b)
LEI
213800LXW3HPZ7ZSBE37
4
Details of the transaction(s): section to be repeated for (i) each type of
instrument; (ii) each type of transaction; (iii) each date; and (iv) each
place where transactions have been conducted
a)
Description of the financial instrument, type of instrument
Identification code
Options over ordinary shares of GBP0.01 each in Zinnwald Lithium plc
Identification code (ISIN) for Zinnwald Lithium plc ordinary
shares: GB00BFN4GY99
b)
Nature of the transaction
Grant of options over ordinary shares
c)
Price(s) and volume(s)
Name Price(s) Volume(s)
Jeremy Martin 7.10p 350,000
Graham Brown 7.10p 250,000
Peter Secker 7.10p 250,000
d)
Aggregated information
- Aggregated volume
- Price
n/a
e)
Date of the transaction
12 February 2026
f)
Place of the transaction
Outside a trading venue
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. END DSHDGGDDLSBDGLB
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