REG - African Pioneer PLC - Directors’ Dealings & Shareholder Interest

African PioneerAnnouncement

04/09/2023 07:00

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RNS Number : 1976L  African Pioneer PLC  04 September 2023

 

4 September 2023

African Pioneer Plc

 
("African Pioneer" or the "Company")

Directors' Dealings & Shareholder Interest

 

African Pioneer (TIDM: AFP), the copper-gold exploration and development
company, announces that it has been notified by Wilhelm Shali, a member of the
Concert Party, that on 29 August 2023 he has sold 3,333,335  ordinary shares
of no par value each in the Company ("Shares") ("Share Sale") at 1.8 pence per
Share reducing his shareholding in the Company to 3,657,817 Shares
representing 1.6% of the Company's issued share capital ("Total Voting
Rights"). Of the Shares sold by Wilhelm Shali 2,222,223 Shares representing in
aggregate 0.97% of the Total Voting Rights were acquired by the Company's
Directors Colin Bird (833,334 Shares for £15,000), Raju Samtani (555,556
Shares for £10,000) and Kjeld Thygesen (833,334 Shares for £15,000)
("Directors' Share Purchases"). As a result of the Share Sale and the
Directors' Share Purchases, the aggregated Concert Party interest has been
reduced from 45.3% to 44.8%.

 

Directors' updated shareholdings: The table below shows the current
shareholdings of Directors and their related parties and their shareholdings
as a percentage of Total Voting Rights after the Directors' Share Purchases:

 

                                        Shareholdings
 Director & Position                    Current     Directors' Share Purchases  Resultant shareholding  %

                                                                                                        of TVR
 Colin Bird: Chairman                   23,283,950  833,334                     23,283,950              10.58%
 Raju Samtani: Finance Director         17,839,506  555,555                     17,839,506              8.07%
 Christian Cordier: Director            17,222,222    -                         17,222,222              7.55%
 Kjeld Thygesen: Non Executive          200,000     833,334                     1,033,334               0.45%
 James Cunningham-Davis: Non Executive  -           -                           -                       Nil

 

 

 

For further information, please contact:

 African Pioneer Plc                           Tel +44 (0) 20 7581 4477

 Colin Bird, Chairman
 Beaumont Cornish Limited (Financial Adviser)  Tel +44 (0) 20 7628 3396

 Roland Cornish/Asia Szusciak
 Novum Securities Limited (Broker)             Tel +44 (0) 20 7399 9400

 Jon Belliss

 

or visit   https://africanpioneerplc.com/

 

 The information contained within this announcement is deemed by the Company to
 constitute inside information as stipulated under the Market Abuse Regulations
 (EU) No. 596/2014 as it forms part of UK Domestic Law by virtue of the
 European Union (Withdrawal) Act 2018 ("UK MAR").

 PDMR Notification Forms:

 The notifications below are made in accordance with the requirements of MAR.

 1.  Details of the person discharging managerial responsibilities / person closely
     associated
 a)  Name                                                         Colin Bird
 2.  Reason for the Notification
 a)  Position/status                                              Executive Chairman & Director
 b)  Initial notification/amendment                               Initial notification
 3.  Details of the issuer, emission allowance market participant, auction
     platform, auctioneer or auction monitor
 a)  Name                                                         African Pioneer PLC
 b)  LEI                                                          213800QQF8O18CMJPW43
 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  Ordinary shares with no par value
     Identification code                                          ISIN: IM00B8C0HK22

                                                                  TIDM: AFP
 b)  Nature of the Transaction                                    Purchase of shares for £15,000

 c)  Price(s) and volume(s)                                       No. of Shares  833,334
                                                                  Price          1.8 pence
 d)  Aggregated information

     Aggregated volume                                            833,334 ordinary shares
 e)  Date of the transaction                                      29 August 2023
 f)  Place of the transaction                                     Outside a trading venue

 

d)

Aggregated information

Aggregated volume

 

833,334 ordinary shares

 

e)

Date of the transaction

29 August 2023

 

f)

Place of the transaction

Outside a trading venue

 

 

 

 1.  Details of the person discharging managerial responsibilities / person closely
     associated
 a)  Name                                                         Raju Samtani
 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                                                         African Pioneer PLC
 b)  LEI                                                          213800QQF8O18CMJPW43
 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  Ordinary shares with no par value
     Identification code                                          ISIN: IM00B8C0HK22

                                                                  TIDM: AFP
 b)  Nature of the Transaction                                    Purchase of shares for £10,000

 c)  Price(s) and volume(s)                                       No. of Shares  555,555
                                                                  Price          1.8 pence
 d)  Aggregated information

     Aggregated volume                                            555,555 ordinary shares
 e)  Date of the transaction                                      29 August 2023
 f)  Place of the transaction                                     Outside a trading venue

d)

Aggregated information

Aggregated volume

 

555,555 ordinary shares

e)

Date of the transaction

29 August 2023

f)

Place of the transaction

Outside a trading venue

 

 1.  Details of the person discharging managerial responsibilities / person closely
     associated
 a)  Name                                                         Kjeld Thygesen
 2.  Reason for the Notification
 a)  Position/status                                              Non- Executive Director
 b)  Initial notification/amendment                               Initial notification
 3.  Details of the issuer, emission allowance market participant, auction
     platform, auctioneer or auction monitor
 a)  Name                                                         African Pioneer PLC
 b)  LEI                                                          213800QQF8O18CMJPW43
 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  Ordinary shares with no par value
     Identification code                                          ISIN: IM00B8C0HK22

                                                                  TIDM: AFP
 b)  Nature of the Transaction                                    Purchase of shares for £15,000

 c)  Price(s) and volume(s)                                       No. of Shares  833,334
                                                                  Price          1.8 pence
 d)  Aggregated information

     Aggregated volume                                            833,334 ordinary shares
 e)  Date of the transaction                                      29 August 2023
 f)  Place of the transaction                                     Outside a trading venue

d)

Aggregated information

Aggregated volume

 

833,334 ordinary shares

e)

Date of the transaction

29 August 2023

f)

Place of the transaction

Outside a trading venue

 

 

 

 

 

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