REG - Anglo Asian Mining - Director/PDMR Shareholding

Anglo Asian MiningAnnouncement

23/11/2021 13:20

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RNS Number : 3077T  Anglo Asian Mining PLC  23 November 2021

Anglo Asian Mining plc / Ticker: AAZ / Index: AIM / Sector Mining

23 November 2021

Anglo Asian Mining plc

Director Dealing

 

Anglo Asian Mining plc ("Anglo Asian" or the "Company"), the AIM-listed gold,
copper and silver producer focused in Azerbaijan, announces that it was
notified on Tuesday, 23 November 2021, that John Monhemius, non-executive
director purchased 25,000 ordinary shares of 1 pence each in the capital of
the Company ("Ordinary Shares") at a price of 112.90 pence per Ordinary Share.

Following these transactions, John Monhemius holds a beneficial interest in
366,890 Ordinary Shares representing approximately 0.32 per cent. of the
Company's issued share capital.

Market Abuse Regulation (MAR) Disclosure

This announcement contains inside information for the purposes of Article 7 of
the Market Abuse Regulation (EU) 596/2014 as it forms part of UK domestic law
by virtue of the European Union (Withdrawal) Act 2018 ("MAR"), and is
disclosed in accordance with the Company's obligations under Article 17 of
MAR.

NOTIFICATION AND PUBLIC DISCLOSURE OF TRANSACTIONS BY DIRECTORS AND PERSONS
CLOSELY ASSOCIATED WITH THEM.

 1.            Details of the person director
 a)            Name:                                                         John Monhemius
 2.            Reason for the notification
 a)            Position/status:                                              Non-executive director (board)
 b)            Initial notification/Amendment:                               Initial notification
 3.            Details of the issuer, emission allowance market participant, auction
               platform, auctioneer or auction monitor
 a)            Name:                                                         Anglo Asian Mining plc
 b)            LEI:                                                          213800F9JM669WH34359
 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 of 1 pence each

               Identification code:                                           GB00B0C18177
 b)            Nature of the transaction:                                    Purchase of shares
 c)            Price(s) and volume(s):

Price(s)  Volume(s)

                                                                             £1.1290   25,000

 
 d)            Aggregated information:                                       Price(s)  Volume(s)

                                                             £1.1290   25,000
               Aggregated volume:

               Price:
 e)            Date of the transaction:                                      11:02 UTC, 23 November 2021
 f)            Place of the transaction:                                     London Stock Exchange, AIM Market

 

d)

Aggregated information:

Aggregated volume:

Price:

 Price(s)  Volume(s)
 £1.1290   25,000

e)

Date of the transaction:

11:02 UTC, 23 November 2021

f)

Place of the transaction:

London Stock Exchange, AIM Market

 

**ENDS**

 

For further information please contact:

 Reza Vaziri       Anglo Asian Mining plc          Tel: +994 12 596 3350
 Bill Morgan       Anglo Asian Mining plc          Tel: +994 502 910 400
 Stephen Westhead  Anglo Asian Mining plc          Tel: +994 502 916 894
 Ewan Leggat       SP Angel Corporate Finance LLP  Tel: +44 (0) 20 3470 0470

                   Nominated Adviser and Broker
 Adam Cowl         SP Angel Corporate Finance LLP  Tel + 44 (0) 20 3470 0470

                   Nominated Adviser and Broker
 Charlie Jack      Hudson Sandler                  Tel: +44(0) 20 7796 4133

 Elfie Kent        Hudson Sandler                  Tel: +44(0) 20 7796 4133

 

Notes to editors:

 

Anglo Asian Mining plc (AIM:AAZ) is a gold, copper and silver producer
in Central Asia with a broad portfolio of production and exploration assets
in Azerbaijan. The Company produced 67,249 gold equivalent ounces ("GEOs")
for the year ended 31 December 2020.  The Company has a production target
for the year to 31 December 2021 of 48,000 ounces to 54,000 ounces of gold
and 2,500 tonnes to 2,800 tonnes of copper. This total production target
expressed as gold equivalent ounces ("GEOs") at budgeted prices is between
64,000 GEOs and 72,000 GEOs.

 

The Company has recently announced a transaction with the Government of
Azerbaijan which grants it three additional concessions with a combined area
of 882 square kilometers which include the Garadagh porphyry copper deposit
with a Soviet classified resource of over 300,000 tonnes of copper. The
transaction is subject to ratification by the parliament of Azerbaijan.

https://www.angloasianmining.com/ (https://www.angloasianmining.com/)

 

 

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