REG - Kefi Gold and Copper - Dealings by Directors and PDMRs

KEFI Gold and CopperAnnouncement

20/01/2022 09:40

For best results when printing this announcement, please click on link below:
http://newsfile.refinitiv.com/getnewsfile/v1/story?guid=urn:newsml:reuters.com:20220120:nRST1009Za&default-theme=true

RNS Number : 1009Z  Kefi Gold and Copper PLC  20 January 2022

 

20 January 2022

KEFI Gold and Copper plc

("KEFI" or the "Company")

Dealings by Directors and PDMRs

Following the announcement dated 21 December 2021 and passing of all
resolutions at the General Meeting on 13 January 2022, the Company confirms
that certain Directors, senior management and employees have today have been
issued with a total of 134,947,069 Remuneration Shares and 67,473,534
Warrants. Further details concerning dealings by persons discharging
managerial responsibilities and persons closely associated with them ("PDMRs")
is set out below. All of the Remuneration Shares and Warrants are being issued
in lieu of accrued fees and salaries that were due in cash and was conditional
on passing a shareholder vote at a general meeting of the Company held on 13
January 2022.

Enquiries

 KEFI Gold and Copper plc
 Harry Anagnostaras-Adams (Executive Chairman)                        +357 99457843
 John Leach (Finance Director)                                        +357 99208130
 SP Angel Corporate Finance LLP (Nominated Adviser and Joint Broker)  +44 (0) 20 3470 0470
 Jeff Keating, Adam Cowl
 Tavira Securities Limited (Joint Broker)                             +44 (0) 20 7100 5100
 Oliver Stansfield, Jonathan Evans
 WH Ireland Limited (Joint Broker)                                    +44 (0) 20 7220 1666
 Adrian Hadden, Andrew de Andrade
 IFC Advisory Ltd (Financial PR and IR)                               +44 (0) 20 3934 6630
 Tim Metcalfe, Florence Chandler

 

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)                        Full name of person Dealing                                  1. Harry Anagnostaras-Adams

                                                                                         2. John Leach

                                                                                         3. Mark Tyler

                                                                                          4.. Richard Lewin Robinson

                                                                                          5. Brian Charles Hosking

                                                                                          6. David John Charles Munro

                                                                                          7. Eddy Solbrandt
 2.                         Reason for notification
 (a)                        Position/status                                              1. Executive Chairman

                                                                                         2. Finance Director

                                                                                         3. Non- Executive Director

                                                                                         4. Non -Executive Director

                                                                                         5. Head of HR & Planning

                                                                                         6. Head of Operations

                                                                                         7. Head of Systems
 (b)                        Initial notification/ Amendment                              Initial notification
 3.                         Details of the issuer, emission allowance market participant, auction
                            platform, auctioneer or auction monitor
 (a)                        Name of entity                                               KEFI Gold and Copper  Plc
 (b)                        LEI                                                          213800OO6ETVDGE3QY15
 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
 (b)                        Identification code                                          GB00BD8GP619
 (c)                        Nature of the transaction                                    Issue of shares in lieu of salary and fees due in cash
 (d)                        Price(s) and volume(s)                                       Share Prices(s)                                 Share Volume(s)  Warrant Prices(s)  Warrant Volume(s)
                                                                                         1.         0.80 pence                           22,500,000       1.6 pence                11,250,000
                                                                                         2.         0.80 pence                           12,500,000       1.6 pence                   6,250,000
                                                                                         3.         0.80 pence                           3,125,000        1.6 pence                   1,562,500
                                                                                         4.         0.80 pence                           6,250,000        1.6 pence                   3,125,000
                                                                                         5.         1.74pence 0.80pence                  4,316,716        1.6 pence          15,095,344

                                                                                                                 25,873,973
                                                                                         6.         1.74pence     0.80pence              4,316,716        1.6 pence          15,095,345

                                                                                                                 25,873,974
                                                                                         7.         1.74pence 0.80pence                  4,316,716        1.6 pence          15,095,345

                                                                                                                 25,873,974
 (e)                        Aggregated information:                                      Single transaction as in 4(d) above

Share Prices(s)                                    Share Volume(s)       Warrant Prices(s)  Warrant Volume(s)
                            - Aggregated volume                                          1.                   0.80 pence                    22,500,000            1.6 pence          11,250,000

                                                            2.                   0.80 pence                    12,500,000            1.6 pence          6,250,000
                            - Price                                                      3.                   0.80 pence                    3,125,000             1.6 pence          1,562,500
                                                                                         4.                   0.80 pence                    6,250,000             1.6 pence          3,125,000
                                                                                         5. 1.74 pence and 0.80 pence                       4,316,716 25,873,973  1.6 pence          15,095,344
                                                                                         6. 1.74 pence and 0.80 pence                       4,316,716 25,873,974  1.6 pence          15,095,345
                                                                                         7. 1.74 pence and 0.80 pence                       4,316,716 25,873,974  1.6 pence          15,095,345

 

Prices      Volumes
                                                                                         0.80 pence  121,996,921
                                                                                         1.74 pence  12,950,148
                                                                                         1.60 pence  67,473,534

 

 (f)                        Date of transaction                                          20 January 2022
 (g)                        Place of transaction                                         Outside a trading venue and shares in placement

(e)

Aggregated information:

- Aggregated volume

- Price

Single transaction as in 4(d) above

 Share Prices(s)                                    Share Volume(s)       Warrant Prices(s)  Warrant Volume(s)
 1.                   0.80 pence                    22,500,000            1.6 pence          11,250,000
 2.                   0.80 pence                    12,500,000            1.6 pence          6,250,000
 3.                   0.80 pence                    3,125,000             1.6 pence          1,562,500
 4.                   0.80 pence                    6,250,000             1.6 pence          3,125,000
 5. 1.74 pence and 0.80 pence                       4,316,716 25,873,973  1.6 pence          15,095,344
 6. 1.74 pence and 0.80 pence                       4,316,716 25,873,974  1.6 pence          15,095,345
 7. 1.74 pence and 0.80 pence                       4,316,716 25,873,974  1.6 pence          15,095,345

 

 Prices      Volumes
 0.80 pence  121,996,921
 1.74 pence  12,950,148
 1.60 pence  67,473,534

 

 

(f)

Date of transaction

20 January 2022

(g)

Place of transaction

Outside a trading venue and shares in placement

 

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  DSHUROKRUOUAURR