Meridian Announces Notification of Transactions of Persons Discharging Managerial Responsibilities

London, United Kingdom–(Newsfile Corp. – July 10, 2026) – Meridian Mining plc (LSE: MNO) (TSX: MNO) (FSE: N2E0) (Tradegate: N2E0) (OTCQX: MRRDF) (“Meridian” or the “Company”) announces that, on 9 July 2026 it granted the following conditional share awards under the Meridian Mining Omnibus Incentive Plan (the “Omnibus Plan”) to the following Directors and persons discharging managerial responsibilities (“PDMRs”). Awards take the form of restricted share units (“RSUs”), performance share units (“PSUs”) or deferred share units (“DSUs”), as explained below.

Name	Role	Award type	Number of shares under award
Gilbert Clark	CEO	RSU	166,481
Gilbert Clark	CEO	PSU	332,963
David Halkyard	CFO	RSU	107,796
David Halkyard	CFO	PSU	215,593
Bruce McLeod	Chairman	DSU	66,592
Susanne Sesselmann	Non-executive director	DSU	33,296
Douglas Ford	Non-executive director	DSU	33,296
Neil Gregson	Non-executive director	DSU	33,296
Carlos Vilhena	Non-executive director	DSU	33,296
Felipe Holzhacker Alves	Non-executive director	DSU	33,296

 

In calculating the number of shares in the Company over which these awards have been granted, the Remuneration Committee of the Company has applied the price of CAD1.70/GBP£0.92.

Any shares that vest under the CEO’s RSU or PSU which are not sold to pay tax and social security liabilities will be subject to a two-year post-vesting holding period.

RSUs

The Company’s remuneration committee (the “Committee”) has granted RSUs at 50% of salary for the CEO and 37.5% of salary for the CFO.

RSUs will normally vest on the third anniversary of grant conditional upon the relevant individual’s continued employment and the Committee’s determination that the vesting outcome appropriately reflects the Company’s underlying performance and progress during the relevant vesting period.

PSUs

The Committee has granted PSUs at 100% of salary for the CEO and 75% of salary for the CFO.

PSUs will normally vest on the third anniversary of grant conditional upon the relevant individual’s continued employment and the Committee’s determination of performance against a combination of the following measures:

• relative total shareholder return (75%) against a bespoke peer group of similar companies based on development stage/advanced exploration copper and copper-gold focused businesses; and
• strategic/operational targets (25%).

DSUs

The Committee has granted DSUs at 50% of the relevant director’s annual fee.

DSUs will normally vest in twelve equal monthly instalments conditional upon the relevant individual’s continued engagement. The actual payout or settlement of a DSU is only applicable once a Director leaves the Board.

The relevant notifications set out below are provided in accordance with the requirements of the UK Market Abuse Regulation.

On behalf of the Board of Directors of Meridian Mining plc

NOTIFICATION OF TRANSACTIONS OF
PERSONS DISCHARGING MANAGERIAL RESPONSIBILITIES

1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	Donald (Bruce) McLeod
2	Reason for the notification
a)	Position/status	Non-Executive Director
b)	Initial notification /Amendment	Initial notification
3	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)	Name	Meridian Mining plc
b)	LEI	984500EB404A37FD8886
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	Ordinary Shares of EUR 0.01 each
	Identification code	GB00BVPND783
b)	Nature of the transaction	Grant of an award under the Meridian Mining Omnibus Incentive Plan
c)	Price(s) and volume(s)
			Price(s)	Volume(s)
			Nil consideration	66,592
d)	Aggregated information	N/A
	– Aggregated volume
	– Price
e)	Date of the transaction	9 July 2026
f)	Place of the transaction	Outside a trading venue

 

1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	Susanne Sesselmann
2	Reason for the notification
a)	Position/status	Non-Executive Director
b)	Initial notification /Amendment	Initial notification
3	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)	Name	Meridian Mining plc
b)	LEI	984500EB404A37FD8886
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	Ordinary Shares of EUR 0.01 each
	Identification code	GB00BVPND783
b)	Nature of the transaction	Grant of an award under the Meridian Mining Omnibus Incentive Plan
c)	Price(s) and volume(s)
			Price(s)	Volume(s)
			Nil consideration	33,296
d)	Aggregated information	N/A
	– Aggregated volume
	– Price
e)	Date of the transaction	9 July 2026
f)	Place of the transaction	Outside a trading venue

 

1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	Douglas Ford
2	Reason for the notification
a)	Position/status	Non-Executive Director
b)	Initial notification /Amendment	Initial notification
3	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)	Name	Meridian Mining plc
b)	LEI	984500EB404A37FD8886
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	Ordinary Shares of EUR 0.01 each
	Identification code	GB00BVPND783
b)	Nature of the transaction	Grant of an award under the Meridian Mining Omnibus Incentive Plan
c)	Price(s) and volume(s)
			Price(s)	Volume(s)
			Nil consideration	33,296
d)	Aggregated information	N/A
	– Aggregated volume
	– Price
e)	Date of the transaction	9 July 2026
f)	Place of the transaction	Outside a trading venue

 

1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	Neil Gregson
2	Reason for the notification
a)	Position/status	Non-Executive Director
b)	Initial notification /Amendment	Initial notification
3	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)	Name	Meridian Mining plc
b)	LEI	984500EB404A37FD8886
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	Ordinary Shares of EUR 0.01 each
	Identification code	GB00BVPND783
b)	Nature of the transaction	Grant of an award under the Meridian Mining Omnibus Incentive Plan
c)	Price(s) and volume(s)
			Price(s)	Volume(s)
			Nil consideration	33,296
d)	Aggregated information	N/A
	– Aggregated volume
	– Price
e)	Date of the transaction	9 July 2026
f)	Place of the transaction	Outside a trading venue

 

1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	Carlos Vilhena
2	Reason for the notification
a)	Position/status	Non-Executive Director
b)	Initial notification /Amendment	Initial notification
3	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)	Name	Meridian Mining plc
b)	LEI	984500EB404A37FD8886
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	Ordinary Shares of EUR 0.01 each
	Identification code	GB00BVPND783
b)	Nature of the transaction	Grant of an award under the Meridian Mining Omnibus Incentive Plan
c)	Price(s) and volume(s)
			Price(s)	Volume(s)
			Nil consideration	33,296
d)	Aggregated information	N/A
	– Aggregated volume
	– Price
e)	Date of the transaction	9 July 2026
f)	Place of the transaction	Outside a trading venue

 

1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	Felipe Holzhacker Alves
2	Reason for the notification
a)	Position/status	Non-Executive Director
b)	Initial notification /Amendment	Initial notification
3	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)	Name	Meridian Mining plc
b)	LEI	984500EB404A37FD8886
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	Ordinary Shares of EUR 0.01 each
	Identification code	GB00BVPND783
b)	Nature of the transaction	Grant of an award under the Meridian Mining Omnibus Incentive Plan
c)	Price(s) and volume(s)
			Price(s)	Volume(s)
			Nil consideration	33,296
d)	Aggregated information	N/A
	– Aggregated volume
	– Price
e)	Date of the transaction	9 July 2026
f)	Place of the transaction	Outside a trading venue

 

1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	Gilbert Clark
2	Reason for the notification
a)	Position/status	CEO
b)	Initial notification /Amendment	Initial notification
3	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)	Name	Meridian Mining plc
b)	LEI	984500EB404A37FD8886
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	Ordinary Shares of EUR 0.01 each
	Identification code	GB00BVPND783
b)	Nature of the transaction	Grant of an award under the Meridian Mining Omnibus Incentive Plan
c)	Price(s) and volume(s)
			Price(s)	Volume(s)
			Nil consideration	332,963
			Nil consideration	166,481
d)	Aggregated information
	– Aggregated volume	499,444
	– Price	N/A
e)	Date of the transaction	9 July 2026
f)	Place of the transaction	Outside a trading venue

 

1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	David Halkyard
2	Reason for the notification
a)	Position/status	CFO
b)	Initial notification /Amendment	Initial notification
3	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)	Name	Meridian Mining plc
b)	LEI	984500EB404A37FD8886
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	Ordinary Shares of EUR 0.01 each
	Identification code	GB00BVPND783
b)	Nature of the transaction	Grant of an award under the Meridian Mining Omnibus Incentive Plan
c)	Price(s) and volume(s)
			Price(s)	Volume(s)
			Nil consideration	107,796
			Nil consideration	215,593
d)	Aggregated information
	– Aggregated volume	323,389
	– Price	N/A
e)	Date of the transaction	9 July 2026
f)	Place of the transaction	Outside a trading venue

 

Source: https://www.newsfilecorp.com/release/304688/Meridian-Announces-Notification-of-Transactions-of-Persons-Discharging-Managerial-Responsibilities