REG - Cadence Minerals PLC - Director Share Purchases

Cadence MineralsAnnouncement

03/07/2019 15:50

RNS Number : 3997E
Cadence Minerals PLC
03 July 2019
 


Cadence Minerals Plc
("Cadence Minerals", "Cadence" or "the Company")
 
Director Share Purchases
 
The Company makes the following disclosures in relation to the participation of directors in the recent fundraising as announced on 27th June 2019 with title 'Placing to Raise £1.6 Million'.
Details of the Director purchases are contained in the table below.



Director


Position


Number of ordinary shares acquired


 Price paid per share (pence)




Kiran Morzaria


Director & CEO


45,454,545


0.11




Donald Strang


Finance Director


45,454,545


0.11



After these acquisitions, the total notifiable share interest in the Company for the directors is as follows



Director


Position


 Total holding of ordinary shares




Andrew Suckling


Non-Executive Chairman


       6,409,644




Kiran Morzaria


Director & CEO


     60,957,149




Donald Strang


Non-Executive Director


     58,554,545




Adrian Fairbourn


Finance Director


     13,600,539



 
For further information:






Cadence Minerals plc


+44 (0) 207 440 0647




Andrew Suckling








Kiran Morzaria
 




























WH Ireland Limited (NOMAD & Broker)


+44 (0) 207 220 1666




James Joyce








James Sinclair-Ford









































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


Kiran Morzaria




2


Reason for the notification




a)


Position/status


Director & CEO




b)


Initial notification/ Amendment


Initial notification




3


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




a)


Name


Cadence Minerals PLC




b)


LEI


213800TUZWG9C2GRNO58




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 Share
 
 
 
GB00B067JC96




b)


Nature of the transaction


Defined Directors Share Purchase Programme




c)


Price(s) and volume(s)





Price(s)


Volume(s)




£0.0011


45,454,545








d)


Aggregated information
-      Aggregated volume
-      Price


 
45,454,545
£0.0011




e)


Date of the transaction


02/07/2019




f)


Place of the transaction


XLON, AIM


















1


Details of the person discharging managerial responsibilities/person closely associated




a)


Name


Donald Strang




2


Reason for the notification




a)


Position/status


Finance Director




b)


Initial notification/ Amendment


Initial notification




3


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




a)


Name


Cadence Minerals PLC




b)


LEI


213800TUZWG9C2GRNO58




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 Share
 
 
GB00B067JC96




b)


Nature of the transaction


Defined Directors Share Purchase Programme




c)


Price(s) and volume(s)





Price(s)


Volume(s)




£0.0011


45,454,545








d)


Aggregated information
-      Aggregated volume
-      Price


 
45,454,545
£0.0011




e)


Date of the transaction


02/07/2019




f)


Place of the transaction


XLON, AIM









 




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