Yellow Cake plc (GB:YCA) has released an update.
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Yellow Cake plc, a company specializing in the long-term holding of physical uranium, has announced the issuance of new share options to its CEO and CFO under the Share Option Plan 2019. The options, awarded on July 26, 2024, with an exercise price of 648 pence per share, are set to become exercisable three years from the date of grant and will remain valid for a decade. This move aligns with the company’s strategy to offer shareholder returns through the value appreciation of uranium holdings, supported by a supply agreement with the world’s largest uranium producer, Kazatomprom.
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