Ariana Resources Management

Management criteria checks 4/4

Ariana Resources' CEO is Ahmet Sener, appointed in Apr 2005, has a tenure of 19.08 years. total yearly compensation is £260.00K, comprised of 90.8% salary and 9.2% bonuses, including company stock and options. directly owns 1.88% of the company’s shares, worth £495.04K. The average tenure of the management team and the board of directors is 10.3 years and 12.3 years respectively.

Key information

Ahmet Sener

Chief executive officer

UK£260.0k

Total compensation

CEO salary percentage	90.8%
CEO tenure	19.1yrs
CEO ownership	1.9%
Management average tenure	10.3yrs
Board average tenure	12.3yrs

Recent management updates

Recent updates

Read This Before Buying Ariana Resources plc (LON:AAU) Shares

Feb 13

CEO Compensation Analysis

How has Ahmet Sener's remuneration changed compared to Ariana Resources's earnings?
Date	Total Compensation	Salary	Company Earnings
Jun 30 2023	n/a	n/a	UK£2m
Mar 31 2023	n/a	n/a	UK£3m
Dec 31 2022	UK£260k	UK£236k	UK£4m
Sep 30 2022	n/a	n/a	UK£3m
Jun 30 2022	n/a	n/a	UK£1m
Mar 31 2022	n/a	n/a	UK£3m
Dec 31 2021	UK£248k	UK£225k	UK£4m
Sep 30 2021	n/a	n/a	UK£6m
Jun 30 2021	n/a	n/a	UK£8m
Mar 31 2021	n/a	n/a	UK£6m
Dec 31 2020	UK£185k	UK£162k	UK£5m
Sep 30 2020	n/a	n/a	UK£6m
Jun 30 2020	n/a	n/a	UK£7m
Mar 31 2020	n/a	n/a	UK£7m
Dec 31 2019	UK£138k	UK£115k	UK£7m
Sep 30 2019	n/a	n/a	UK£6m
Jun 30 2019	n/a	n/a	UK£4m
Mar 31 2019	n/a	n/a	UK£3m
Dec 31 2018	UK£166k	UK£150k	UK£2m
Sep 30 2018	n/a	n/a	UK£2m
Jun 30 2018	n/a	n/a	UK£1m
Mar 31 2018	n/a	n/a	UK£915k
Dec 31 2017	UK£229k	UK£168k	UK£424k

Compensation vs Market: Ahmet's total compensation ($USD326.26K) is about average for companies of similar size in the UK market ($USD348.42K).

Compensation vs Earnings: Ahmet's compensation has been consistent with company performance over the past year.

CEO

Ahmet Sener (47 yo)

19.1yrs

Tenure

UK£260,000

Compensation

Dr. Ahmet Kerim Sener, B.Sc. (Hons.), M.Sc., DIC, Ph D., FGSL, MIMM, MSEC, has been Managing Director and Executive Director at Ariana Resources plc since April 2005. He serves as Independent Non-Executive...

Leadership Team

Name	Position	Tenure	Compensation	Ownership
Michael de Villiers	Executive Chairman & Company Secretary	10.8yrs	UK£144.00k	4.23% £ 1.1m
Ahmet Sener	MD & Executive Director	19.1yrs	UK£260.00k	1.88% £ 495.0k
William Benedict Payne	CFO & Non-Executive Director	17.2yrs	UK£42.00k	0.99% £ 261.3k
Zack van Coller	Special Projects Geologist	no data	no data	no data
Mentor Demi	Managing Director of Western Tethyan Resources	3.3yrs	no data	no data
Peter van Borgh	Managing Director of Venus Minerals	3.3yrs	no data	no data

10.3yrs

Average Tenure

52.5yo

Average Age

Experienced Management: AAU's management team is seasoned and experienced (10.3 years average tenure).

Board Members

Name	Position	Tenure	Compensation	Ownership
Michael de Villiers	Executive Chairman & Company Secretary	10.8yrs	UK£144.00k	4.23% £ 1.1m
Ahmet Sener	MD & Executive Director	19.1yrs	UK£260.00k	1.88% £ 495.0k
William Benedict Payne	CFO & Non-Executive Director	13.8yrs	UK£42.00k	0.99% £ 261.3k
Christopher Stuart Sangster	Independent Non-Executive Director	7.8yrs	UK£59.00k	0.69% £ 182.3k

12.3yrs

Average Tenure

59yo

Average Age

Experienced Board: AAU's board of directors are seasoned and experienced ( 12.3 years average tenure).

Ariana Resources Management

Management criteria checks 4/4

Key information

Recent management updates

Ariana Resources plc, Annual General Meeting, Jun 18, 2024

Ariana Resources plc, Annual General Meeting, Jun 29, 2023

Less than half of directors are independent

Ariana Resources plc, Annual General Meeting, Aug 10, 2022

Less than half of directors are independent

Executive Chairman & Company Secretary exercised options and sold UK£52k worth of stock

Recent updates

Ariana Resources plc, Annual General Meeting, Jun 18, 2024

New minor risk - Financial data availability

New minor risk - Share price stability

Ariana Resources plc Announces Resource and Reserve Update for the Zenit Mining Operations in Western Turkiye

Ariana Resources plc Announces Recent Resource and Extension Drilling Results from the Tav San Project

Ariana Resources plc Announces Further Positive Drilling Results At Hizarliyayla

Ariana Resources plc Announces Further Set of Results from the Ongoing Drilling Programme at Salinbas

Ariana Resources plc Announces Positive Results from Recentdrilling Programmeat the Kizilcukur Project of the Kiziltepe Sector

Ariana Resources plc Provides an Update on the Dokwe Gold Project of Rockover Holdings Limited

New major risk - Revenue and earnings growth

Consensus EPS estimates increase by 15%

New minor risk - Share price stability

Ariana Resources plc Announces Positive Results from an Airborne Magnetic Survey and the Commencement of Drilling At the Kizilcukur Project of the Kiziltepe Sector

Ariana Resources plc Provides Update on Construction Progress at the Tavsan Mine

Ariana Resources plc Announces Western Tethyan Resources Ltd Completed an Updated Mineral Resource Estimate on the Slivova Gold Project in Kosovo

Ariana Resources plc Announces Significant Drilling Results at Salinbas and Ardala

Consensus EPS estimates fall by 13%

Ariana Resources plc, Annual General Meeting, Jun 29, 2023

Ariana Resources plc Announces Substantial Drilling Progress At Salinbas

Ariana Resources plc Announces Significant Increase in Tavsan Resource

Less than half of directors are independent

Ariana Resources plc announced that it expects to receive €0.5 million in funding from Venus Minerals Ltd

Ariana Resources plc Announces an Updated Mineral Resource Estimate for the Apliki Copper Project

Ariana Resources plc Announces Production Guidance for 2022

Ariana Resources plc, Annual General Meeting, Aug 10, 2022

Ariana Resources plc Announces General Update on its Projects Across All Areas of Current Activity

Ariana Resources plc Announces Positive Resource Drilling At Tavsan

Less than half of directors are independent

Ariana Resources plc Announces an Update to the Mine Development Programme Underway At Tavsan

Ariana Resources plc Announces Second Tranche of Special Dividend, Payable on 25 March 2022

Ariana Resources plc Obtains Recent Drilling Results from the Klirou Sector of the Magellan Project

Ariana Resources plc Announces Resource Update for the Kiziltepe Sector, Including the Satellite Projects of Kepez, Kizilcukur and Ivrindi

Executive Chairman & Company Secretary exercised options and sold UK£52k worth of stock

Consensus forecasts updated

Price target decreased to UK£0.053

Ariana Resources plc Announces Second Part, Third and Final Part of Inaugural Dividend

Ariana Resources plc Announces Recent Resource Drilling Results Obtained from the Kepez North

Ariana Resources plc Announces Recent and Substantial Resource Drilling Results Obtained from the Derya Area of the Kiziltepe Mine

Ariana Resources plc Announces the Commencement of Exploration Activities in Eastern Europe Through Its Interest in Western Tethyan Resources Ltd

Ariana Resources plc Announces Recent Resource Drilling Results Obtained from the Banu Area of the Kiziltepe Mine

Ariana Resources plc Announces the Commencement of Diamond Drilling on the Magellan Project

MD & Executive Director exercised options and sold UK£149k worth of stock

Ariana Resources plc Announces New High-Grade Veins Identified Across Arzu North

Ariana Resources plc Announces Completion of its Transformational Joint Venture with Özaltin Holding A.S. and Proccea Construction Co

Read This Before Buying Ariana Resources plc (LON:AAU) Shares

Executive Chairman & Company Secretary recently bought UK£60k worth of stock

MD & Executive Director exercised options and sold UK£182k worth of stock

Ariana Resources plc Announces Increase in JORC Resources At the Magellan Project, Cyprus

Zenit Madencilik San. ve Tic. A.S. agreed to acquire Satellite Projects in Turkey from Ariana Resources plc (AIM:AAU).

MD & Executive Director recently sold UK£520k worth of stock

MD & Executive Director exercised options to buy UK£357k worth of stock.

Price target raised to UK£0.067

Analysts increase revenue estimates to UK£5.70m

CEO Compensation Analysis

CEO

Tenure

Compensation

Leadership Team

Average Tenure

Average Age

Board Members

Average Tenure

Average Age