Cadence Minerals PLC - Director Share Purchases London Stock Exchange
RNS Number : 3997E
Cadence Minerals PLC
03 July 2019
 

Cadence Minerals Plc

("Cadence Minerals", "Cadence" or "the Company")

 

Director Share Purchases

 

The Company makes the following disclosures in relation to the participation of directors in the recent fundraising as announced on 27th June 2019 with title 'Placing to Raise £1.6 Million'.

Details of the Director purchases are contained in the table below.

Director

Position

Number of ordinary shares acquired

 Price paid per share (pence)

Kiran Morzaria

Director & CEO

45,454,545

0.11

Donald Strang

Finance Director

45,454,545

0.11

After these acquisitions, the total notifiable share interest in the Company for the directors is as follows

Director

Position

 Total holding of ordinary shares

Andrew Suckling

Non-Executive Chairman

       6,409,644

Kiran Morzaria

Director & CEO

     60,957,149

Donald Strang

Non-Executive Director

     58,554,545

Adrian Fairbourn

Finance Director

     13,600,539

 

For further information:

Cadence Minerals plc

+44 (0) 207 440 0647

Andrew Suckling


Kiran Morzaria

 






WH Ireland Limited (NOMAD & Broker)

+44 (0) 207 220 1666

James Joyce


James Sinclair-Ford








NOTIFICATION AND PUBLIC DISCLOSURE OF TRANSACTIONS BY PERSONS DISCHARGING MANAGERIAL RESPONSIBILITIES AND PERSONS CLOSELY ASSOCIATED WITH THEM

 

1

Details of the person discharging managerial responsibilities/person closely associated

a)

Name

Kiran Morzaria

2

Reason for the notification

a)

Position/status

Director & CEO

b)

Initial notification/ Amendment

Initial notification

3

Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor

a)

Name

Cadence Minerals PLC

b)

LEI

213800TUZWG9C2GRNO58

4

Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted

a)

Description of the financial instrument, type of instrument

 

Identification code

Ordinary Share

 

 

 

GB00B067JC96

b)

Nature of the transaction

Defined Directors Share Purchase Programme

c)

Price(s) and volume(s)

Price(s)

Volume(s)

£0.0011

45,454,545

d)

Aggregated information

-      Aggregated volume

-      Price

 

45,454,545

£0.0011

e)

Date of the transaction

02/07/2019

f)

Place of the transaction

XLON, AIM




1

Details of the person discharging managerial responsibilities/person closely associated

a)

Name

Donald Strang

2

Reason for the notification

a)

Position/status

Finance Director

b)

Initial notification/ Amendment

Initial notification

3

Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor

a)

Name

Cadence Minerals PLC

b)

LEI

213800TUZWG9C2GRNO58

4

Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted

a)

Description of the financial instrument, type of instrument

 

Identification code

Ordinary Share

 

 

GB00B067JC96

b)

Nature of the transaction

Defined Directors Share Purchase Programme

c)

Price(s) and volume(s)

Price(s)

Volume(s)

£0.0011

45,454,545

d)

Aggregated information

-      Aggregated volume

-      Price

 

45,454,545

£0.0011

e)

Date of the transaction

02/07/2019

f)

Place of the transaction

XLON, AIM

 


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