REG - Arc Minerals Limited - PDMR Dealing

ARC MineralsAnnouncement

08/04/2024 10:00

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RNS Number : 6749J  Arc Minerals Limited  08 April 2024

8 April 2024

Arc Minerals Ltd

('Arc' or the 'Company')

PDMR Dealing

Arc Minerals announces that it was notified today, that on 5 April 2024 Nick
von Schirnding, Executive Chairman of the Company, purchased 1,112,347
ordinary shares of no par value in the Company ("Ordinary Shares") at a price
of 1.798 pence per share.

Following this transaction, Nick von Schirnding now holds a direct interest in
23,748,434 Ordinary Shares representing approximately 1.64 per cent. of the
Company's issued share capital.

The notifications set out below are provided in accordance with the
requirements of the UK Market Abuse Regulation:

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:                                                         Nick von Schirnding,
 2.            Reason for the notification
 a)            Position/status:                                              Executive Chairman
 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:  Ordinary shares of no par value

               Identification code:

                                                                             VGG045791016
 b)            Nature of the transaction:                                    Purchase of shares
 c)            Price(s) and volume(s):

Price(s)  Volume(s)
                                                                             1.798     1,112,347

 
 d)            Aggregated information:                                       Single transaction as in 4 c) above

               Aggregated volume:                                            1,112,347

               Price:                                                         1.798 pence

 e)            Date of the transaction:                                      5 April 2024

 f)            Place of the transaction:                                     London Stock Exchange, AIM

 

d)

Aggregated information:

Aggregated volume:

Price:

Single transaction as in 4 c) above

1,112,347

 1.798 pence

 

e)

Date of the transaction:

5 April 2024

 

f)

Place of the transaction:

London Stock Exchange, AIM

 

Contacts

 Arc Minerals Ltd                           +44 (0) 20 7917 2942

 Nick von Schirnding (Executive Chairman)

 WH Ireland Limited (Nomad and Broker)      +44 (0) 20 7220 1666

 Harry Ansell / Katy Mitchell

 

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