REG - Argos Resources Ltd - Director/PDMR Shareholding
RNS Number : 0173HArgos Resources Ltd12 November 2018
ARGOS RESOURCES LIMITED
("Argos" or "the Company")
Director / PDMR Shareholding
Argos Resources Limited (AIM: ARG.L), the Falkland Islands based company which holds a 5% Overriding Royalty Interest in Licence PL001 in the North Falkland Basin, confirms that it has received notification that on 9 November 2018 Argos Georgia Limited, distributed a total of 700,000 Ordinary Shares for nil consideration to Ian Thomson, Chairman of the Company. Argos Georgia Limited is an entity in which Ian Thomson holds a 51.68 per cent. interest. As a result of this transaction, Mr Thomson's interest in the Company now stands at 28,544,701 shares, representing 12.93 per cent. of the Company's issued share capital.
For further information:
Argos Resources Limited (+500 22685)
www.argosresources.com
Ian Thomson, Chairman
John Hogan, Managing Director
Cenkos Securities plc (Nomad & Broker)
Derrick Lee (+44 131 220 9100)
Neil McDonald (+44 131 220 6939)
1
Details of the person discharging managerial responsibilities / person closely associated
a)
Name
Ian Thomson
2.
Reason for the Notification
a)
Position/status
Chairman
b)
Initial notification/Amendment
Initial
3.
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)
Name
Argos Resources Ltd
b)
LEI
213800JFBALNFGTAJM89
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 2p each
Identification code
FK0114538241
b)
Nature of the transaction
Transfer of shares
c)
Price(s) and volume(s)
Price(s)
Volume(s)
nil
700,000
d)
Aggregated information:
· Aggregated volume
· Price
700,000 Ordinary Shares for nil consideration
e)
Date of the transaction
9 November 2018
f)
Place of the transaction
London Stock Exchange, AIM Market (ARG)
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