Amaroq Expands RSU Awards and Updates Share Capital Ahead of AIM Admission

Amaroq Ltd. ( (DE:Q11) ) has shared an announcement.

Amaroq Ltd. has granted 2,254,467 restricted share units to directors and employees under its RSU plan, with awards tied to time and performance targets over a three-year period ending December 2028 and a two-year post-vesting holding requirement for the chief executive. The company also reported the vesting of 20,927 RSUs previously granted to its Chief Corporate Development & Strategy Officer, subsequent share sales to cover tax obligations, and confirmed that admission of the resulting RSU shares to AIM will lift its issued share capital with voting rights to 465,462,030 common shares, giving investors an updated basis for calculating disclosure thresholds.

The forthcoming admission of RSU shares to trading on AIM and the enlarged share capital underline Amaroq’s use of equity-based incentives to align management and employee interests with long-term shareholder value. By expanding performance-linked awards to senior leadership and staff while clarifying voting rights and denominator figures, the company reinforces its governance framework and provides greater transparency for shareholders tracking potential changes in ownership stakes.

More about Amaroq Ltd.

Amaroq Ltd. is an independent mine development company focused on unlocking Greenland’s mineral potential, with principal business activities spanning the identification, acquisition, exploration and development of gold and strategic metal properties in South Greenland. Its key asset is a 100% interest in the Nalunaq Gold mine, complemented by a portfolio across two known regional gold belts and advanced projects at Stendalen and the Sava Copper Belt targeting copper, nickel, rare earths and other strategic minerals.

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