REG - Hummingbird Res. - Director Dealing, Exercise of Options and TVR

Hummingbird ResourcesAnnouncement

10/06/2020 07:01

RNS Number : 4586P
  
Hummingbird Resources PLC
  
10 June 2020
  
 

Hummingbird Resources plc / Ticker: HUM / Index: AIM / Sector: Mining
 
10 June 2020 
 
Hummingbird Resources plc 
 
Director Dealing, Exercise of Options and TVR
 
Hummingbird Resources plc ("Hummingbird" or the "Company") (AIM: HUM) announces that it has been notified of the following purchases of ordinary shares in the Company ("Ordinary Shares") by Stephen Betts, a Non-Executive Director of the Company, and his wife, which took place yesterday  (the "Purchases"). 
 




 


Number of Ordinary Shares Acquired


Price per Ordinary Share Acquired (p)




Stephen Betts
Non-Executive Director


100,000


26




Caroline Betts


117,500


26




Subtotal purchased on market 


217,500


-




Exercise of Options*


403,500


22




Total Increase in Beneficial Interest


621,000


 




 
* Stephen Betts has exercised 403,500 options over Ordinary Shares at 22p each (the "Option Exercise"), and these Ordinary Shares will be issued to Stephen Betts as a result of the Option Exercise. 
Following the Purchases and the Option Exercise, Stephen Betts' beneficial interest has increased by 621,000, to 1,498,601 Ordinary Shares, representing approximately 0.42 per cent. of the Company's currently issued share capital. Mr Betts' total beneficial interest includes his wife's holding of 300,000 Ordinary shares, 315,101 Ordinary Shares held by Stephen Betts & Sons Limited and 180,000 Ordinary Shares held by Stephen Betts & Sons Limited (Self Administered) Pension Scheme. Daniel Betts, managing director of the Company, is also beneficially interested in Stephen Betts & Sons Limited Stephen Betts & Sons Limited (Self Administered) Pension Scheme.
The Ordinary Shares to be issued pursuant to the Options Exercise have already been admitted to trading on AIM ("Admission") under the Company's block listing most recently announced on 11 March 2020.
 
Total Voting Rights
The total number of Ordinary Shares in issue following Admission will be 354,559,378 and the Company holds no shares in treasury. Therefore, the total number of Ordinary Shares with voting rights in the Company will be 354,559,378.
 
The above figure of 354,559,378 may be used by shareholders as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change to their interest in, Hummingbird under the FCA's Disclosure and Transparency Rules.
 
 
For further information please visit www.hummingbirdresources.co.uk or contact: 




Daniel Betts, CEO
Thomas Hill, FD
Douglas Ross, IR


Hummingbird Resources plc


Tel: +44 (0) 20 7409 6660




 


 


 




James Spinney
Ritchie Balmer
James Bellman


Strand Hanson Limited
 
Nominated Adviser


Tel: +44 (0) 20 7409 3494




 


 


 




James Asensio
Edward Montgomery 
 


Canaccord Genuity Limited
 
Broker


Tel: +44 (0) 20 7523 8000




 


 


 




Tim Blythe
Megan Ray
Rachael Brooks


Blytheweigh 
 
Financial PR/IR


Tel:  +44 (0) 20 7138 3205




 
The information contained within this announcement is deemed by the Company to constitute inside information as stipulated under the Market Abuse Regulation (EU) No. 596/2014 ("MAR").
 
PDMR Notification Forms




1. 


Details of the person discharging managerial responsibilities/person closely associated




a) 


Name


Stephen Betts




2. 


Reason for the notification




a) 


Position


Non-Executive Director




b) 


Initial notification/Amendment


Initial notification




3. 


Details of the issuer 




a)


Name


Hummingbird Resources plc




b)


LEI


213800PBYMQ6Z2D7UZ96




4. 


Details of the transaction 




a)


Description of the financial instrument, type of instrument
 
Identification Code


Ordinary shares of £0.01 each
 
 
 
ISIN - GB00B60BWY28




b)


Price and volume 


100,000 at 26p  
403,500 at 22p




c)


% of the issued ordinary share capital of the issuer


0.14%




d)


Date of the transaction


09 June 2020




 




1. 


Details of the person discharging managerial responsibilities/person closely associated




a) 


Name


Caroline Betts




2. 


Reason for the notification




a) 


Position


A person closely associated with a PDMR




b) 


Initial notification/Amendment


Initial notification




3. 


Details of the issuer 




a)


Name


Hummingbird Resources plc




b)


LEI


213800PBYMQ6Z2D7UZ96




4. 


Details of the transaction 




a)


Description of the financial instrument, type of instrument
 
Identification Code


Ordinary shares of £0.01 each
 
 
 
ISIN - GB00B60BWY28




b)


Price and volume 


117,500 shares at 26p




c)


% of the issued ordinary share capital of the issuer


0.03%




c)


Date of the transaction 


09 June 2020




 
 


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