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RNS Number : 7530L Galileo Resources PLC 23 April 2024
23 April 2024
Galileo Resources Plc
("Galileo" or the "Company")
Director dealings
Galileo, the exploration and development mining company, announces that it was
informed on 22 April 2024 that on the same date, Colin Bird, Executive
Chairman of Galileo and Richard Wollenberg, Non-Executive Director acquired
850,000 Ordinary Shares of 0.1p in the Company ("Ordinary Shares") at a price
of 1.2p per share and 250,000 Ordinary Shares of 0.1p at a price of 1.25p
respectively. Following this transaction, Colin Bird is interested in
79,455,862 Ordinary Shares representing 6.83% of the issued share capital and
Richard Wollenberg is interested in 13,825,511 Ordinary Shares representing
1.19% of the issued share capital.
Following the acquisition of the shares, Colin Bird's and Richard Wollenberg's
interest in Galileo is as follows:
Director Purchase price of Shares Shares purchased Total Shareholding following the purchase of Shares % Shareholding in the issued share capital
Colin Bird 1.2p 850,000 79,455,862 6.83%
Richard Wollenberg 1.25p 250,000 13,825,511 1.19%
A copy of this announcement is available on the Company's website
www.galileoresources.com (http://www.galileoresources.com) .
You can also follow Galileo on Twitter: @GalileoResource.
You can also follow Galileo on Twitter: @GalileoResource
For further information, please contact: Galileo Resources PLC
Colin Bird, Chairman Tel +44 (0) 20 7581 4477
Edward Slowey, Executive Director Tel +353 (0) 601 4466
Beaumont Cornish Limited - Nomad Tel +44 (0) 20 7628 3396
Roland Cornish/James Biddle
Novum Securities Limited - Joint Broker +44 (0) 20 7399 9400
Colin Rowbury /Jon Belliss
Shard Capital Partners LLP - Joint Broker Tel +44 (0) 20 7186 9952
Damon Heath
The following information relating to the transaction has been filed with the
FCA in accordance with Article 19(1) of the Market Abuse Regulation,
1 Details of the person discharging managerial responsibilities / person closely
associated
a) Name Colin Bird
2 Reason for notification
a) Position / status Chairman
b) Initial notification Initial
/Amendment
3 Details of the issuer, emission allowance market participant, auction platform,
auctioneer or auction monitor
a) Name Galileo Resources plc
b) LEI 213800KSRIVLX7BJSP45
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 0.1 pence each in Galileo Resources plc
Issue of Ordinary Shares
Identification code ISIN GB00B115T142
Nature of the transaction Issue of Ordinary Shares
c) Price(s) and volumes(s)
Price(s) Volumes(s)
1.2 pence 850,000
d) Aggregated information n/a
e) Date of the transaction 22 April 2024
f) Place of the transaction On market
d)
Aggregated information
n/a
e)
Date of the transaction
22 April 2024
f)
Place of the transaction
On market
1 Details of the person discharging managerial responsibilities / person closely
associated
a) Name Richard Wollenberg
2 Reason for notification
a) Position / status Non-Executive Director
b) Initial notification Initial
/Amendment
3 Details of the issuer, emission allowance market participant, auction platform,
auctioneer or auction monitor
a) Name Galileo Resources plc
b) LEI 213800KSRIVLX7BJSP45
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 0.1 pence each in Galileo Resources plc
Issue of Ordinary Shares
Identification code ISIN GB00B115T142
Nature of the transaction Issue of Ordinary Shares
c) Price(s) and volumes(s)
Price(s) Volumes(s)
1.25 pence 250,000
d) Aggregated information n/a
e) Date of the transaction 22 April 2024
f) Place of the transaction On market
d)
Aggregated information
n/a
e)
Date of the transaction
22 April 2024
f)
Place of the transaction
On market
d)
Aggregated information
n/a
e)
Date of the transaction
22 April 2024
f)
Place of the transaction
On market
END
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