REG - Arc Minerals Limited - Directors' Dealing

ARC MineralsAnnouncement

07/08/2019 07:05

RNS Number : 1567I
Arc Minerals Limited
07 August 2019
 


7 August 2019
Arc Minerals Ltd 
('Arc' or the 'Company')
Directors' Dealing 
Arc Minerals announces that yesterday it was notified that Mr Rémy Welschinger, Non-Executive Director of the Company, had purchased 100,000 shares of no par value in the Company ("Ordinary Shares") at a price of 4.00 pence per share.
Following this transaction, Rémy Welschinger holds a beneficial interest in 13,028,844 Ordinary Shares representing approximately 1.82 per cent. of the Company's issued share capital. In addition, Mr Welschinger holds a beneficial interest in 9,044,446 options and warrants.
Market Abuse Regulation (MAR) Disclosure
Certain information contained in this announcement would have been deemed inside information for the purposes of Article 7 of Regulation (EU) No 596/2014 until the release of this announcement.
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:


Rémy Welschinger 




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:


Arc Minerals Limited




b)


LEI:


213800XHFJVCC9GP2G75




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 shares of no par value   
VGG045791016




b)


Nature of the transaction:


Purchase of shares




c)


Price(s) and volume(s):


 



Price(s)


Volume(s)




4.00 pence


100,000



 




d)


Aggregated information:
Aggregated volume:
Price:


Single transaction as in 4 c) above



Price(s)


Volume(s)




4.00 pence


100,000




 


 



 




e)


Date of the transaction:


2019-08-06
08:44 BST




f)


Place of the transaction:


London Stock Exchange, AIM



 
Contacts



Arc Minerals Ltd
Nick von Schirnding (Chairman)
 


+44 (0) 20 3874 8664




SP Angel (Nominated Adviser & Broker)
Ewan Leggat / Soltan Tagiev


+44 (0) 20 3470 0470
 



 




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