REG - Ferro-Alloy Rsrcs - Directors Share Purchase

Ferro-Alloy ResourcesAnnouncement

02/05/2023 14:30

For best results when printing this announcement, please click on link below:
http://newsfile.refinitiv.com/getnewsfile/v1/story?guid=urn:newsml:reuters.com:20230502:nRSB1521Ya&default-theme=true

RNS Number : 1521Y  Ferro-Alloy Resources Limited  02 May 2023

This announcement contains inside information for the purposes of Article 7 of
EU Regulation No. 596/2014, which forms part of United Kingdom domestic law by
virtue of the European Union (Withdrawal) Act 2018 (as amended).

 

2 May 2023

Ferro-Alloy Resources Limited

("Ferro-Alloy" or "the Company")

 

Director Share Purchase

Ferro-Alloy Resources Limited (LSE:FAR), the vanadium producer and developer
of the large Balasausqandiq vanadium deposit in Southern Kazakhstan, is
pleased to announce it has been informed that on 2 May 2023, Nicholas Bridgen,
CEO, purchased 6,400,000 ordinary shares in the Company at a price of 10.15p
per ordinary share. Following this purchase Mr Bridgen has a beneficial
interest of 59,472,133 shares representing 13.22% of the issued share capital
of the Company.

 

- Ends -

For further information, visit www.ferro-alloy.com or contact:

 

 Ferro-Alloy Resources Limited     Nick Bridgen (CEO) / William Callewaert (CFO)  info@ferro-alloy.com

 Shore Capital                     Toby Gibbs/John More                           +44 207 408 4090

 (Joint Corporate Broker)

 Liberum Capital Limited           Scott Mathieson/William King                   +44 20 3100 2000

 (Joint Corporate Broker)
 St Brides Partners Limited        Catherine Leftley/Ana Ribeiro                  +44 207 236 1177

 (Financial PR & IR Adviser)

 

 

Details of the full notifications received by the Company are set out below:

 

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                                                         Nicholas Bridgen

 2    Reason for the notification

 a)   Position/status                                              CEO of Ferro-Alloy Resources Limited

 b)   Initial notification /Amendment                              Initial notification

 3    Details of the issuer, emission allowance market participant, auction

    platform, auctioneer or auction monitor

 a)   Name                                                         FERRO-ALLOY RESOURCES LIMITED

 b)   LEI                                                          2138003T5CF6U9W7Z780

 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

      Identification code                                          GG00BGDYDZ69

 b)   Nature of the transaction                                    Off market purchase of shares

 c)   Price(s) and volume(s)

                                                                                     Price(s)          Volume(s)
                                                                                     10.15p            6,400,000

 d)   Aggregated information

      - Aggregated volume                                          N/A Single transaction

      - Price

 e)   Date of the transaction                                      2 MAY 2023

 f)   Place of the transaction                                     Outside a trading venue

 

 

 

 

 

 

 

 

 

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact
rns@lseg.com (mailto:rns@lseg.com)
 or visit
www.rns.com (http://www.rns.com/)
.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our
Privacy Policy (https://www.lseg.com/privacy-and-cookie-policy)
.   END  DSHUUAORONUVRAR