Meridian Announces Notification of Transactions of Persons Discharging Managerial Responsibilities
LONDON, United Kingdom, 10 July, 2026 / Newsfile / 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 condi�onal share awards under the Meridian Mining Omnibus Incen�ve Plan (the “Omnibus Plan”) to the following Directors and persons discharging managerial responsibili�es (“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-execuƟve director | DSU | 33,296 |
| Douglas Ford | Non-execuƟve director | DSU | 33,296 |
| Neil Gregson | Non-execuƟve director | DSU | 33,296 |
| Carlos Vilhena | Non-execuƟve director | DSU | 33,296 |
| Felipe Holzhacker Alves | Non-execuƟve director | DSU | 33,296 |
In calcula�ng the number of shares in the Company over which these awards have been granted, the Remunera�on Commi�ee 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 liabili�es will be subject to a two-year post-ves�ng holding period.
RSUs
The Company’s remunera�on commi�ee (the “Commi�ee”) 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 condi�onal upon the relevant individual’s con�nued employment and the Commi�ee’s determina�on that the ves�ng outcome appropriately reflects the Company's underlying performance and progress during the relevant ves�ng period.
PSUs
The Commi�ee 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 condi�onal upon the relevant individual’s con�nued employment and the Commi�ee’s determina�on of performance against a combina�on of the following measures:
- rela�ve total shareholder return (75%) against a bespoke peer group of similar companies based on development stage/advanced explora�on copper and copper-gold focused businesses; and
- strategic/opera�onal targets (25%).
DSUs
The Commi�ee has granted DSUs at 50% of the relevant director’s annual fee.
DSUs will normally vest in twelve equal monthly instalments condi�onal upon the relevant individual’s con�nued engagement. The actual payout or se�lement of a DSU is only applicable once a Director leaves the Board.
The relevant no�fica�ons set out below are provided in accordance with the requirements of the UK Market Abuse Regula�on.
On behalf of the Board of Directors of Meridian Mining plc
Mr. Gilbert Clark - CEO and Director Meridian Mining plc 8th Floor, 4 More London Riverside London SE1 2AU United Kingdom Email: [email protected] Ph: +44 (0) 203 930 3145 (GMT)
Media Enquiries:
Gareth Tredway / Saskia Sizen Tel: +44 (0) 207 920 3150 Email: [email protected] Stay up to date by subscribing for news alerts here: h�ps://meridianmining.co/contact/ Follow Meridian on X: h�ps://X.com/MeridianMining Further informa�on can be found at: www.meridianmining.co
NOTIFICATION OF TRANSACTIONS OF PERSONS DISCHARGING MANAGERIAL RESPONSIBILITIES
| 1 | Details of the person discharging managerial responsibiliƟes / person closely associated | |
| a) | Name | Donald (Bruce) McLeod |
| 2 | Reason for the noƟficaƟon | |
| a) | PosiƟon/status | Non-ExecuƟve Director |
| b) | IniƟal noƟficaƟon /Amendment | IniƟal noƟficaƟon |
| 3 | Details of the issuer, emission allowance market parƟcipant, aucƟon plaƞorm, aucƟoneer or aucƟon monitor | |
| a) | Name | Meridian Mining plc |
| b) | LEI | 984500EB404A37FD8886 |
| 4 | Details of the transacƟon(s): secƟon to be repeated for (i) each type of instrument; (ii) each type of transacƟon; (iii) each date; and (iv) each place where transacƟons have been conducted | |
| a) | DescripƟon of the financial instrument, type of instrument IdenƟficaƟon code | Ordinary Shares of EUR 0.01 each GB00BVPND783 |
| b) | Nature of the transacƟon | Grant of an award under the Meridian Mining Omnibus IncenƟve Plan |
| c) | Price(s) and volume(s) | Price(s) Volume(s) Nil consideraƟon 66,592 |
| d) | Aggregated informaƟon - Aggregated volume - Price | N/A |
| e) | Date of the transacƟon | 9 July 2026 |
| f) | Place of the transacƟon | Outside a trading venue |
| Price(s) | Volume(s) |
|---|---|
| Nil consideraƟon | 66,592 |
| 1 | Details of the person discharging managerial responsibiliƟes / person closely associated | |
| a) | Name | Susanne Sesselmann |
| 2 | Reason for the noƟficaƟon | |
| a) | PosiƟon/status | Non-ExecuƟve Director |
| b) | IniƟal noƟficaƟon /Amendment | IniƟal noƟficaƟon |
| 3 | Details of the issuer, emission allowance market parƟcipant, aucƟon plaƞorm, aucƟoneer or aucƟon monitor | |
| a) | Name | Meridian Mining plc |
| b) | LEI | 984500EB404A37FD8886 |
| 4 | Details of the transacƟon(s): secƟon to be repeated for (i) each type of instrument; (ii) each type of transacƟon; (iii) each date; and (iv) each place where transacƟons have been conducted | |
| a) | DescripƟon of the financial instrument, type of instrument IdenƟficaƟon code | Ordinary Shares of EUR 0.01 each GB00BVPND783 |
| b) | Nature of the transacƟon | Grant of an award under the Meridian Mining Omnibus IncenƟve Plan |
| c) | Price(s) and volume(s) | Price(s) Volume(s) Nil consideraƟon 33,296 |
| d) | Aggregated informaƟon - Aggregated volume - Price | N/A |
| e) | Date of the transacƟon | 9 July 2026 |
| f) | Place of the transacƟon | Outside a trading venue |
| Price(s) | Volume(s) |
|---|---|
| Nil consideraƟon | 33,296 |
| 1 | Details of the person discharging managerial responsibiliƟes / person closely associated | |
| a) | Name | Douglas Ford |
| 2 | Reason for the noƟficaƟon | |
| a) | PosiƟon/status | Non-ExecuƟve Director |
| b) | IniƟal noƟficaƟon /Amendment | IniƟal noƟficaƟon |
| 3 | Details of the issuer, emission allowance market parƟcipant, aucƟon plaƞorm, aucƟoneer or aucƟon monitor | |
| a) | Name | Meridian Mining plc |
| b) | LEI | 984500EB404A37FD8886 |
| 4 | Details of the transacƟon(s): secƟon to be repeated for (i) each type of instrument; (ii) each type of transacƟon; (iii) each date; and (iv) each place where transacƟons have been conducted | |
| a) | DescripƟon of the financial instrument, type of instrument IdenƟficaƟon code | Ordinary Shares of EUR 0.01 each GB00BVPND783 |
| b) | Nature of the transacƟon | Grant of an award under the Meridian Mining Omnibus IncenƟve Plan |
| c) | Price(s) and volume(s) | Price(s) Volume(s) Nil consideraƟon 33,296 |
| d) | Aggregated informaƟon - Aggregated volume - Price | N/A |
| e) | Date of the transacƟon | 9 July 2026 |
| f) | Place of the transacƟon | Outside a trading venue |
| Price(s) | Volume(s) |
|---|---|
| Nil consideraƟon | 33,296 |
| 1 | Details of the person discharging managerial responsibiliƟes / person closely associated | |
| a) | Name | Neil Gregson |
| 2 | Reason for the noƟficaƟon | |
| a) | PosiƟon/status | Non-ExecuƟve Director |
| b) | IniƟal noƟficaƟon /Amendment | IniƟal noƟficaƟon |
| 3 | Details of the issuer, emission allowance market parƟcipant, aucƟon plaƞorm, aucƟoneer or aucƟon monitor | |
| a) | Name | Meridian Mining plc |
| b) | LEI | 984500EB404A37FD8886 |
| 4 | Details of the transacƟon(s): secƟon to be repeated for (i) each type of instrument; (ii) each type of transacƟon; (iii) each date; and (iv) each place where transacƟons have been conducted | |
| a) | DescripƟon of the financial instrument, type of instrument IdenƟficaƟon code | Ordinary Shares of EUR 0.01 each GB00BVPND783 |
| b) | Nature of the transacƟon | Grant of an award under the Meridian Mining Omnibus IncenƟve Plan |
| c) | Price(s) and volume(s) | Price(s) Volume(s) Nil consideraƟon 33,296 |
| d) | Aggregated informaƟon - Aggregated volume - Price | N/A |
| e) | Date of the transacƟon | 9 July 2026 |
| f) | Place of the transacƟon | Outside a trading venue |
| Price(s) | Volume(s) |
|---|---|
| Nil consideraƟon | 33,296 |
| 1 | Details of the person discharging managerial responsibiliƟes / person closely associated | |
| a) | Name | Carlos Vilhena |
| 2 | Reason for the noƟficaƟon | |
| a) | PosiƟon/status | Non-ExecuƟve Director |
| b) | IniƟal noƟficaƟon /Amendment | IniƟal noƟficaƟon |
| 3 | Details of the issuer, emission allowance market parƟcipant, aucƟon plaƞorm, aucƟoneer or aucƟon monitor | |
| a) | Name | Meridian Mining plc |
| b) | LEI | 984500EB404A37FD8886 |
| 4 | Details of the transacƟon(s): secƟon to be repeated for (i) each type of instrument; (ii) each type of transacƟon; (iii) each date; and (iv) each place where transacƟons have been conducted | |
| a) | DescripƟon of the financial instrument, type of instrument IdenƟficaƟon code | Ordinary Shares of EUR 0.01 each GB00BVPND783 |
| b) | Nature of the transacƟon | Grant of an award under the Meridian Mining Omnibus IncenƟve Plan |
| c) | Price(s) and volume(s) | Price(s) Volume(s) Nil consideraƟon 33,296 |
| d) | Aggregated informaƟon - Aggregated volume - Price | N/A |
| e) | Date of the transacƟon | 9 July 2026 |
| f) | Place of the transacƟon | Outside a trading venue |
| Price(s) | Volume(s) |
|---|---|
| Nil consideraƟon | 33,296 |
| 1 | Details of the person discharging managerial responsibiliƟes / person closely associated | |
| a) | Name | Felipe Holzhacker Alves |
| 2 | Reason for the noƟficaƟon | |
| a) | PosiƟon/status | Non-ExecuƟve Director |
| b) | IniƟal noƟficaƟon /Amendment | IniƟal noƟficaƟon |
| 3 | Details of the issuer, emission allowance market parƟcipant, aucƟon plaƞorm, aucƟoneer or aucƟon monitor | |
| a) | Name | Meridian Mining plc |
| b) | LEI | 984500EB404A37FD8886 |
| 4 | Details of the transacƟon(s): secƟon to be repeated for (i) each type of instrument; (ii) each type of transacƟon; (iii) each date; and (iv) each place where transacƟons have been conducted | |
| a) | DescripƟon of the financial instrument, type of instrument IdenƟficaƟon code | Ordinary Shares of EUR 0.01 each GB00BVPND783 |
| b) | Nature of the transacƟon | Grant of an award under the Meridian Mining Omnibus IncenƟve Plan |
| c) | Price(s) and volume(s) | Price(s) Volume(s) Nil consideraƟon 33,296 |
| d) | Aggregated informaƟon - Aggregated volume - Price | N/A |
| e) | Date of the transacƟon | 9 July 2026 |
| f) | Place of the transacƟon | Outside a trading venue |
| Price(s) | Volume(s) |
|---|---|
| Nil consideraƟon | 33,296 |
| 1 | Details of the person discharging managerial responsibiliƟes / person closely associated | |
| a) | Name | Gilbert Clark |
| 2 | Reason for the noƟficaƟon | |
| a) | PosiƟon/status | CEO |
| b) | IniƟal noƟficaƟon /Amendment | IniƟal noƟficaƟon |
| 3 | Details of the issuer, emission allowance market parƟcipant, aucƟon plaƞorm, aucƟoneer or aucƟon monitor | |
| a) | Name | Meridian Mining plc |
| b) | LEI | 984500EB404A37FD8886 |
| 4 | Details of the transacƟon(s): secƟon to be repeated for (i) each type of instrument; (ii) each type of transacƟon; (iii) each date; and (iv) each place where transacƟons have been conducted | |
| a) | DescripƟon of the financial instrument, type of instrument IdenƟficaƟon code | Ordinary Shares of EUR 0.01 each GB00BVPND783 |
| b) | Nature of the transacƟon | Grant of an award under the Meridian Mining Omnibus IncenƟve Plan |
| c) | Price(s) and volume(s) | Price(s) Volume(s) Nil consideraƟon 332,963 Nil consideraƟon 166,481 |
| d) | Aggregated informaƟon - Aggregated volume - Price | 499,444 N/A |
| e) | Date of the transacƟon | 9 July 2026 |
| f) | Place of the transacƟon | Outside a trading venue |
| Price(s) | Volume(s) |
|---|---|
| Nil consideraƟon | 332,963 |
| Nil consideraƟon | 166,481 |
| 1 | Details of the person discharging managerial responsibiliƟes / person closely associated | |
| a) | Name | David Halkyard |
| 2 | Reason for the noƟficaƟon | |
| a) | PosiƟon/status | CFO |
| b) | IniƟal noƟficaƟon /Amendment | IniƟal noƟficaƟon |
| 3 | Details of the issuer, emission allowance market parƟcipant, aucƟon plaƞorm, aucƟoneer or aucƟon monitor | |
| a) | Name | Meridian Mining plc |
| b) | LEI | 984500EB404A37FD8886 |
| 4 | Details of the transacƟon(s): secƟon to be repeated for (i) each type of instrument; (ii) each type of transacƟon; (iii) each date; and (iv) each place where transacƟons have been conducted | |
| a) | DescripƟon of the financial instrument, type of instrument IdenƟficaƟon code | Ordinary Shares of EUR 0.01 each GB00BVPND783 |
| b) | Nature of the transacƟon | Grant of an award under the Meridian Mining Omnibus IncenƟve Plan |
| c) | Price(s) and volume(s) | Price(s) Volume(s) Nil consideraƟon 107,796 Nil consideraƟon 215,593 |
| d) | Aggregated informaƟon - Aggregated volume - Price | 323,389 N/A |
| e) | Date of the transacƟon | 9 July 2026 |
| f) | Place of the transacƟon | Outside a trading venue |
| Price(s) | Volume(s) |
|---|---|
| Nil consideraƟon | 107,796 |
| Nil consideraƟon | 215,593 |