REG-Cloudbreak Discovery Plc: PDMR Notification

Cloudbreak DiscoveryAnnouncement

26/06/2023 16:45

26 June 2023

 

Cloudbreak Discovery Plc

(`Cloudbreak', or `the Company')

 

PDMR Notification

Cloudbreak Discovery Plc (LSE: CDL), a natural resource project generator,
announces that Cronin Services Ltd, a company controlled by Samuel "Kyler"
Hardy, former Chief Executive Officer of Cloudbreak has acquired 189,645
Ordinary Shares of £0.001 in Cloudbreak (`Ordinary Shares') at 2.0p per
share.  Kyler Hardy now as an interest in 113,117,329 Ordinary Shares
representing 18.61% of the issue share capital of the Company.

This announcement contains inside information for the purposes of Article 7 of
the Market Abuse Regulation (EU) 596/2014 as it forms part of UK domestic law
by virtue of the European Union (Withdrawal) Act 2018 ("MAR"), and is
disclosed in accordance with the Company's obligations under Article 17 of
MAR.

 

- Ends -

 

For additional information please contact:

 

 Cloudbreak Discovery PLC              Tel: +44 792 6 397675                                             
                                       Andrew Male, Interim CEO                  andrew@westridgemi.com  
                                                                                                         
 Novum Securities (Financial Adviser)  Tel: +44 7399 9400                                                
                                       David Coffman / George Duxberry                                   
                                                                                                         
                                                                                                         
 Oberon Capital (Broker)               Tel: +44 20 3179 5355 / +44 20 3179 5315                          
                                       Nick Lovering / Adam Pollock                                      
                                                                                                         
                                                                                                         

 

About Cloudbreak Discovery PLC

Cloudbreak Discovery PLC is a leading natural resource project generator and
royalty business. Cloudbreak is focused on energy royalty acquisitions with
the aim of bringing near-term cashflow and driving shareholder value. Its
primary operating jurisdiction is the United States, but the Company also
deploys its project generation model in the international energy sector to
acquire minority interests in projects of merit.

 

Through its wholly owned but independently operated subsidiary, Cloudbreak
Exploration Inc., the Company will develop its array of mineral assets, whilst
continuing to generate new projects with a particular focus on commodities key
to the energy transition.

 

Cloudbreak's generative model across the energy and mineral sector enables a
multi-asset approach to investing and exploration. Diversification within the
natural resource sector and amongst resource classes is key to withstanding
the cycles of investing.

 

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:                                                                                              Samuel "Kyler" Hardy                                                                               
 2.        Reason for the notification                                                                                                                                                                           
 a)        Position/status:                                                                                   Former Chief Executive Officer                                                                     
 b)        Initial notification/Amendment:                                                                    Initial notification                                                                               
 3.        Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor                                                                                         
 a)        Name:                                                                                              Cloudbreak Discovery Plc                                                                           
 b)        LEI:                                                                                               213800ZLZVEPOS7YID88                                                                               
 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 £0.001  ISIN Code: GB00B44LQR57                                                 
 b)        Nature of the transaction:                                                                         Acquisition of Ordinary Shares                                                                     
 c)        Price(s) and volume(s):                                                                                                                                                                               
 Price(s)  Volume(s)                                                                                          
 2.0p      189,645                                                                                            
 d)        Aggregated information: · Aggregated volume: · Price:                                              N/A                                                                                                
 e)        Date of the transaction:                                                                           June 16, 2023                                                                                      
 f)        Place of the transaction:                                                                          London, UK                                                                                         

 

 



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