REG - Arc Minerals Limited - PDMR Dealing

ARC MineralsAnnouncement

01/07/2024 16:45

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RNS Number : 6696U  Arc Minerals Limited  01 July 2024

1 July 2024

Arc Minerals Ltd

('Arc' or the 'Company')

PDMR Dealing

Arc Minerals announces that it was notified that Ian Lynch, Chief Financial
Officer of the Company, has purchased 719,424 shares of no par value in the
Company ("Ordinary Shares") at a price of 1.39 pence per share.

Following this transaction, Ian Lynch holds a beneficial interest in 5,024,195
Ordinary Shares representing approximately 0.35 per cent. of the Company's
issued share capital.

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:                                                         Ian Lynch
 2.            Reason for the notification
 a)            Position/status:                                              Chief Financial Officer
 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)
                                                                             (i)       1.39 pence        719,424

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

Price(s)              Volume(s)
               Aggregated volume:                                            (i)    1.39 pence     719,424

               Price:

 
 e)            Date of the transaction:                                      (i)  2024-06-27, 11:22 BST

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

 

d)

Aggregated information:

Aggregated volume:

Price:

Single transaction as in 4 c) above

 Price(s)              Volume(s)
 (i)    1.39 pence     719,424

 

e)

Date of the transaction:

(i)  2024-06-27, 11:22 BST

 

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 Joint Broker)  +44 (0) 20 7220 1666

 Harry Ansell / Katy Mitchell

 

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