REG - Ariana Resources PLC - Exercise of Options

Ariana ResourcesAnnouncement

23/08/2021 07:05

RNS Number : 3889J
  
Ariana Resources PLC
  
23 August 2021
  
 

 
 
 
 
 
23 August 2021 
AIM: AAU
 
Exercise of Options under Employee Share Option Plan
 
Director/PDMR Shareholdings
 
Total Voting Rights
 
Ariana Resources plc ("Ariana" or "the Company"), the AIM-listed mineral exploration and development company with joint-venture gold mining operations in Europe, announces that it received exercise notices under the Ariana Resources PLC 2018 Employee Share Option Plan (the "Notices") as follows:
 
Name of option holder                     Number of Shares
 
Christopher Sangster, Director                       2,000,000   
Michael de Villiers, Chairman                         3,000,000
William Payne, Director                                  2,000,000
 
Accordingly, the Company will issue 7,000,000 new ordinary shares in the Company at a price of 1.55p per share to satisfy the total of 7,000,000 options set out in the Notices ("Option Shares").
 
Application will be made for the Option Shares, which will rank pari passu with all existing ordinary shares, to be admitted to trading on AIM ("Admission").  Admission is expected on or around 27 August 2021.
 
Directors' Dealings
 
The Company were also informed of the following:
 
Michael de Villiers, Chairman on 20 August 2021
 
-     sold a total of 3,800,000 ordinary shares at an average price of 4.68 pence;
-     purchased 900,000 ordinary shares in his SIPP at an average price of 4.85 pence.
 
Mrs de Villiers, wife of Michael de Villiers on 20 August 2021
 
-     purchased 900,000 ordinary shares in her SIPP at an average price of 4.81 pence.
 
Kerim Sener, Managing Director on 20 August 2021 
 
-     purchased 160,000 ordinary shares in his SIPP at 4.78 pence.
 
 
 
Following Admission, and the Directors' Dealings as described above, the Directors shareholdings will be as follows:
 
Name of Director                  Number of Shares                % of issued share capital
 
Christopher Sangster              5,927,287                                0.54
Michael John de Villiers          59,400,000                              5.44
William Payne                         11,359,314                              1.74
Kerim Sener                            20,817,526                              1.91
 
Total Voting Rights
 
Following Admission, the number of shares in issue will be ordinary shares of 0.1p each and therefore, the total number of voting rights in the Company will be 1,091,677,943.
The above statement of voting capital may be used by shareholders as the denominator for the calculations by which they will determine if they are required to notify their interest, or a change to their interest, in the Company under the FCA's Disclosure Guidance and Transparency Rules.
Contacts:
 



Ariana Resources plc


Tel: +44 (0) 20 3476 2080




Michael de Villiers, Chairman








Kerim Sener, Managing Director


















Beaumont Cornish Limited


Tel: +44 (0) 20 7628 3396




Roland Cornish / Felicity Geidt


















Panmure Gordon (UK) Limited


Tel: +44 (0) 20 7886 2500




James Stearns /Atholl Tweedie


















Yellow Jersey PR Limited


Tel: +44 (0) 20 3004 9512




Dom Barretto/Joe Burgess 
/ Henry Wilkinson


arianaresources@yellowjerseypr.com



 
The following information relating to the transaction has been filed with the FCA in accordance with Article 19(1) of the Market Abuse Regulation.
 
Christopher Sangster
 



1


Details of  the  person  discharging  managerial  responsibilities  /  person  closely associated




a)


Name


Christopher Sangster




2


Reason for notification




a)


Position / status


Director 
 




b)


Initial notification
/Amendment


Initial 




3


Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor




a)


Name


Ariana Resources plc
 




b) 


LEI


213800LVVY7GZY21LH22 




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 0.1 pence each in Ariana Resources plc 
 
 
ISIN GB00B085SD50
 








Nature of the transaction


-     Exercise of Options under Employee Share Option Scheme




c)


Price(s) and volumes(s)


 



Price(s)


Volumes(s)




1.55 pence


2,000,000



 
 




d)


Aggregated information


n/a




e)


Date of the transaction


20 August 2021




f)


Place of the transaction


LSX



 
Michael de Villiers 
 



1


Details of  the  person  discharging  managerial  responsibilities  /  person  closely associated




a)


Name


Michael de Villiers 




2


Reason for notification




a)


Position / status


Director 
 




b)


Initial notification
/Amendment


Initial 




3


Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor




a)


Name


Ariana Resources plc
 




b) 


LEI


213800LVVY7GZY21LH22 




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 0.1 pence each in Ariana Resources plc 
 
 
ISIN GB00B085SD50
 








Nature of the transaction


-     Exercise of Options under Employee Share Option Scheme
-     Sale of shares
-     Purchase of share by Mrs de Villiers in SIPP
-     Purchase of shares in SIPP




c)


Price(s) and volumes(s)


 



Price(s)


Volumes(s)




1.55 pence


3,000,000




4.68 pence


3,800,000




4.81 pence 


900,000




4.85 pence


900,000



 
 




d)


Aggregated information


n/a




e)


Date of the transaction


20 August 2021




f)


Place of the transaction


LSX



 
 
William Payne
 



1


Details of  the  person  discharging  managerial  responsibilities  /  person  closely associated




a)


Name


William Payne




2


Reason for notification




a)


Position / status


Director 
 




b)


Initial notification
/Amendment


Initial 




3


Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor




a)


Name


Ariana Resources plc
 




b) 


LEI


213800LVVY7GZY21LH22 




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 0.1 pence each in Ariana Resources plc 
 
 
ISIN GB00B085SD50
 








Nature of the transaction


-     Exercise of Options under Employee Share Option Scheme




c)


Price(s) and volumes(s)


 



Price(s)


Volumes(s)




1.55 pence


2,000,000



 
 




d)


Aggregated information


n/a




e)


Date of the transaction


20 August 2021




f)


Place of the transaction


LSX



 
 
Kerim Sener
 



1


Details of  the  person  discharging  managerial  responsibilities  /  person  closely associated




a)


Name


Kerim Sener




2


Reason for notification




a)


Position / status


Director 
 




b)


Initial notification
/Amendment


Initial 




3


Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor




a)


Name


Ariana Resources plc
 




b) 


LEI


213800LVVY7GZY21LH22 




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 0.1 pence each in Ariana Resources plc 
 
 
ISIN GB00B085SD50
 








Nature of the transaction


-     Purchase of shares in SIPP




c)


Price(s) and volumes(s)


 



Price(s)


Volumes(s)




4.78 pence


160,000



 
 




d)


Aggregated information


n/a




e)


Date of the transaction


20 August 2021




f)


Place of the transaction


LSX



 
 
 

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