REG-ECR Minerals plc Director/PDMR Shareholding

ECR MineralsAnnouncement

24/01/2022 07:30

For best results when printing this announcement, please click on link below:
http://newsfile.refinitiv.com/getnewsfile/v1/story?guid=urn:newsml:reuters.com:20220124:nBw1NxYLra&default-theme=true


Director/PDMR Shareholding

 

ECR MINERALS plc

(“ECR Minerals” or the “Company”)

Issue of Options

ECR Minerals plc (LON:ECR), the precious metals exploration and development
company, confirms today that it has issued options over 30,000,000 ordinary
shares in the Company, to senior employees and certain directors / PDMRS of
the Company.

The options vest immediately; have an exercise price of 2.2p and whilst they
can then be exercised at any time for a period of three years, exercise is
conditional on the Volume Weighted Average Price of the shares being 3.75
pence per share for 10 days at the time of exercise (“New Options”).

The Directors and PDMRs receiving shares are as follows:
 Name of PDMR           Number of New Options                           
                                               
                        
                                               Total Options Held       
                                                                        
                                                                        
 David Tang (Chairman)  10,000,000             10,000,000               
 Adam Jones (NED)       5,000,000              5,000,000                


The notifications set out below are provided in accordance with the
requirements of the EU Market Abuse Regulation.
 1   Details of the person discharging managerial responsibilities                                                 
 a)  Name                                                         Adam Jones                                       
 2   Reason for the notification                                                                                   
 a)  Position/status                                              Non-Executive Director                           
 b)  Initial notification/amendment                               Initial notification                             
 3   Details of the issuer, emission allowance market participant, auction                                         
     platform, auctioneer or auction monitor                                                                       
 a)  Name                                                         ECR Minerals plc                                 
 b)  LEI                                                          213800PBXY96KXHISJ17                             
 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 0.001p each                   
     
                                                            
                                                
     Identification code                                                                                           
                                                                  
                                                
                                                                  GB00BYYDKX57                                     
 b)  Nature of the transaction                                    Market purchases                                 
 c)  Price(s) and volume(s)                                       Price(s)               Volume(s)                 
                                                                  
                                                
                                                                  ______________________                           
                                                                  
                                                
                                                                  2.2p per share    5,000,000                      
                                                                  
                                                
                                                                                                                   
 d)  Aggregated information                                                                                        
     
                                                            
                                                
     - Aggregated volume                                          5,000,000                                        
     
                                                            
                                                
     - Price                                                      2.2p                                             
 e)  Date of the transaction                                      24 January 2022                                  
 f)  Place of the transaction                                     London Stock Exchange (XLON)                     

 2   Details of the person discharging managerial responsibilities                                                 
 a)  Name                                                         David Tang                                       
 2   Reason for the notification                                                                                   
 a)  Position/status                                              Chairman & Director                              
 b)  Initial notification/amendment                               Initial notification                             
 3   Details of the issuer, emission allowance market participant, auction                                         
     platform, auctioneer or auction monitor                                                                       
 a)  Name                                                         ECR Minerals plc                                 
 b)  LEI                                                          213800PBXY96KXHISJ17                             
 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 0.001p each                   
     
                                                            
                                                
     Identification code                                                                                           
                                                                  
                                                
                                                                  GB00BYYDKX57                                     
 b)  Nature of the transaction                                    Market purchases                                 
 c)  Price(s) and volume(s)                                       Price(s)               Volume(s)                 
                                                                  
                                                
                                                                  ______________________                           
                                                                  
                                                
                                                                  2.2p per share    10,000,000                     
                                                                  
                                                
                                                                                                                   
 d)  Aggregated information                                                                                        
     
                                                            
                                                
     - Aggregated volume                                          10,000,000                                       
     
                                                            
                                                
     - Price                                                      2.2p                                             
 e)  Date of the transaction                                      24 January 2022                                  
 f)  Place of the transaction                                     London Stock Exchange (XLON)                     


FOR FURTHER INFORMATION, PLEASE CONTACT:
 ECR Minerals plc                                                                                                                                                                                                                                            Tel: +44 (0)20 7929 1010       
 David Tang, Non-Executive Chairman                                                                                                                                                                                                                                                         
                                                                                                                                                                                                                                                                                            
 Email:                                                                                                                                                                                                                                                                                     
 
                                                                                                                                                                                                                                                                                          
 info@ecrminerals.com (mailto:info@ecrminerals.com)                                                                                                                                                                                                                                         
 Website: www.ecrminerals.com                                                                                                                                                                                                                                                               
 (https://cts.businesswire.com/ct/CT?id=smartlink&url=http%3A%2F%2Fwww.ecrminerals.com%2F&esheet=52567140&newsitemid=20220124005198&lan=en-US&anchor=www.ecrminerals.com&index=1&md5=2bfb88d2e35ca50dfadeb844ca51777a)                                                                      
                                                                                                                                                                                                                                                                                            
 WH Ireland Ltd                                                                                                                                                                                                                                              Tel: +44 (0) 20 7220 1666      
 Nominated Adviser                                                                                                                                                                                                                                                                          
 Katy Mitchell/Andrew de Andrade                                                                                                                                                                                                                                                            
                                                                                                                                                                                                                                                                                            
 SI Capital Ltd                                                                                                                                                                                                                                              Tel: +44 (0)148 341 3500       
 Broker                                                                                                                                                                                                                                                                                     
 Nick Emerson                                                                                                                                                                                                                                                                               
                                                                                                                                                                                                                                                                                            
                                                                                                                                                                                                                                                                                            


 



View source version on businesswire.com:
https://www.businesswire.com/news/home/20220124005198/en/
(https://www.businesswire.com/news/home/20220124005198/en/)

ECR Minerals plc


Copyright Business Wire 2022