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Marula Mining PLC
(“Marula’’ or the “Company”)
31 August 2023
Issue of Equity, PDMR Shareholding
Marula Mining (AQSE: MARU), an African focused mining and development company, announces that following completion of the Phase 1 Exploration Program at the Kinusi Copper Mine (“Kinusi” or the “Project”) as announced 29 June 2023, the Company has issued 613,876 new ordinary shares of
Following the issuance of the Fee Shares, Takela holds 4,092,626 ordinary shares in the Company, representing approximately 3.13 % of the Company’s issued share capital.
Edward Ruheni, General Manager Operations East Africa of the Company is a substantial shareholder and director of Takela.
Admission
Application has been made for the Fee Shares to be admitted to trading on the Aquis Stock Exchange Growth Market on or around 6 September 2023 (“Admission") and will rank pari passu with the ordinary shares of the Company in issue.
Total voting rights
Following Admission, the Company's issued share capital will comprise 130,798,624 ordinary shares of 0.01p each, with each share carrying the right to one vote, therefore the total number of voting rights in the Company will be 130,798,624. This figure may be used by shareholders as the denominator for calculations by which they will determine if they are required to notify their interest in the Company, or a change to their interest in the Company, under the Financial Conduct Authority's Disclosure Guidance and Transparency Rules.
The Directors of Marula are responsible for the contents of this announcement. This announcement contains inside information for the purposes of
About Marula Mining
Marula Mining (AQSE: MARU) is an African focused battery metals investment and exploration company and has interests in several high value mine projects in
Marula’s strategy is to identify and invest in advanced and high-value mining projects throughout East, Central and
Marula’s shares are traded on the AQUIS Stock Exchange (AQSE), Marula is exploring opportunities to admit its shares to trading on AIM, the market operated by the London Stock Exchange Group plc, Kenya’s Nairobi Securities Exchange and South Africa’s Johannesburg Stock Exchange.
For enquiries contact:
Marula Mining PLC Jason Brewer, Chief Executive Officer
Faith Kinyanjui Mumbi Investor Relations |
Email : jason@marulamining.com
Email : info@marulamining.com
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AQSE Corporate Adviser Cairn Financial Advisers LLP, Liam Murray / Ludovico Lazzaretti |
+44 (0)20 7213 0880 |
Broker Peterhouse Capital Limited, |
+44 (0)20 7469 0930
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Financial PR and IR BlytheRay Tim Blythe / Megan Ray / Said Izagaren |
+44 (0)20 7138 3204
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Notification of a Transaction pursuant to Article 19(1) of Regulation (EU) No. 596/2014 |
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1 |
Details of the person discharging managerial responsibilities/person closely associated |
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a. |
Name |
Edward Ruheni
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2 |
Reason for notification |
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a. |
Position/Status |
General Manager Operations East Africa of the Company is a substantial shareholder and director of Takela. |
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b. |
Initial notification/ Amendment |
Initial notification |
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3 |
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor |
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a. |
Name |
Marula Mining plc |
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b. |
LEI |
2138002UCKAEBPYWVT15 |
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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 |
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a. |
Description of the financial instrument, type of instrument |
Ordinary shares of ISIN: GB00BNBS4S95 |
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b. |
Nature of the transaction |
Issue to Takela of the Fee Shares following completion of an initial exploration program at Kinusi |
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c. |
Price(s) and volume(s) |
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Price(s) Volume(s) 12.82p 613,876
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d. |
Aggregated information
- Aggregated Volume
- Price |
N/A |
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e. |
Date of the transaction |
31 August 2023 |
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f. |
Place of the transaction |
AQSE |
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