Ecora Resources PLC Stock Price, News & Analysis

Ecora Resources has published its Notice of Annual General Meeting (AGM) and Form of Proxy on its website as of April 12, 2023. The AGM is scheduled for May 10, 2023, at The Royal Institution of Great Britain in London at 11:00am. Shareholders opting for paper communications will receive the AGM Notice and Form of Proxy on April 13, 2023. Others will be notified via email or post about the document's availability online.

Moreover, the AGM Notice will be submitted to the UK National Storage Mechanism under LR 9.6.1R and will be accessible for inspection. For more information, shareholders can contact the Company Secretary, Jason Gray, or visit the Company’s website.

Ecora Resources PLC (LSE: ECOR, OTCQX: ECRAF) announced significant director share dealings from March 29 to 30, 2023. CEO Marc Bishop Lafleche acquired 70,000 shares at an average price of 124.26p each. CFO Kevin Flynn purchased 33,944 shares at 127.00p each, while Non-Executive Director Graeme Dacomb bought 15,937 shares averaging 122.14p. These transactions, reported under UK Market Abuse Regulation, reflect the executives' commitment to the company, indicating confidence in its future prospects. Ecora is focused on expanding its sustainable commodity portfolio, aiming for over 90% exposure to key materials by 2026.

Ecora Resources PLC recently announced the awarding of Ordinary Shares under its Long Term Incentive Plan (LTIP) to directors at no cost. These awards were granted on February 24, 2023, based on a share price of £1.3705, the 5-day volume-weighted average prior to the grant. The awards will vest on February 24, 2026, contingent on performance conditions related to total shareholder return, portfolio contributions, and adjusted earnings per share. There is a subsequent two-year holding period before the shares are released on February 24, 2028.

Ecora Resources PLC disclosed that its Non-Executive Chairman, Patrick Meier, acquired 28,370 ordinary shares at 138.74p per share on 23 February 2023, totaling a beneficial holding of 466,151 shares, representing 0.18% of the company's issued ordinary share capital. This transaction was reported in accordance with the UK Market Abuse Regulation, reinforcing transparency in director dealings. Ecora Resources continues its evolution from coal to a focus on commodities essential for sustainable energy, aiming for over 90% of its portfolio to support this transition by 2026.

Ecora Resources PLC has announced that CEO Marc Bishop Lafleche acquired 25,000 ordinary shares at approximately 146.6p each on February 6, 2023. This acquisition increases his total holding to 299,978 shares, representing 0.12% of the company's issued ordinary share capital. The transaction, conducted on the London Stock Exchange, complies with the UK Market Abuse Regulation. Ecora Resources focuses on supporting sustainable commodity supply, transitioning from coal towards essential materials like copper, nickel, and cobalt for the energy transition, aiming for over 90% exposure to sustainable commodities by 2026.

Ecora Resources PLC announces the appointment of Christine Coignard as an independent non-executive director, effective January 1, 2023. Christine brings over 30 years of experience in finance and mining, previously serving in roles at Coignard & Haas GmbH and Norilsk Nickel PJSC. She has held directorships at various companies, enhancing her expertise in strategic finance within the sector. Patrick Meier, Chairman of Ecora, expressed confidence in Christine's ability to contribute to the company's growth and strategic initiatives.