REG - Keras Resources PLC - Director & PCA Dealings

Keras ResourcesAnnouncement

19/04/2022 15:00

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RNS Number : 6363I  Keras Resources PLC  19 April 2022

 

Keras Resources plc / Index: AIM / Epic: KRS / Sector: Mining

19 April 2022

Keras Resources plc ('Keras' or the 'Company')

Director & PCA Dealings

 

Keras Resources Plc was notified on 19 April 2022 that Russell Lamming, Chief
Executive Officer of the Company and his spouse, Joanne Lamming a person
closely associated ("PCA") to Mr Lamming under the Market Abuse Regulation
("MAR"), have completed dealings in ordinary shares of Keras ("Ordinary
Shares") for the purposes of tax planning.  Mr Lamming sold 46 million
Ordinary Shares held in WB Nominees and then both Mr and Mrs Lamming purchased
23 million Ordinary Shares each through WB Nominees ISAMAX.  Post the
dealings, Mr Lamming's interest remains at 416,184,497 Ordinary Shares,
representing 6.61% of the current issued Ordinary Share capital. The
transactions are listed in the Appendix below.

As at 19 April 2022, Mr Lamming's total beneficial interest in the Ordinary
Share capital of the Company was held as follows:

 Legal name of Holder  No of Ordinary Shares (Pre-Dealing)  No of Ordinary Shares (Post-Dealing)  % of Ordinary Share capital  % of Ordinary Share capital

                                                                                                  (Pre-Dealing)                (Post-Dealing)
 WB Nominees ISAMAX    96,970,000                           142,970,000                           1.54%                        2.27%
 WB Nominees           176,968,557                          130,968,557                           2.81%                        2.08%
 Pershing Securities   142,245,940                          142,245,940                           2.26%                        2.26%
 Total                 416,184,497                          416,184,497                           6.61%                        6.61%

 

The information contained within this Announcement is deemed by the Company to
constitute inside information as stipulated under Article 7 of the Market
Abuse Regulation (EU) No. 596/2014 (as amended) as it forms part of the
domestic law of the United Kingdom by virtue of the European Union
(Withdrawal) Act 2018 (as amended). Upon the publication of this Announcement
via the Regulatory Information Service, this inside information is now
considered to be in the public domain.

**ENDS**

 

For further information please visit www.kerasplc.com
(http://www.kerasplc.com/) , follow us on Twitter @kerasplc or contact the
following:

 

 Russell Lamming                       Keras Resources plc             info@kerasplc.com

 Nominated Adviser & Joint Broker      SP Angel Corporate Finance LLP  +44 (0) 20 3470 0470

 Ewan Leggat / Charlie Bouverat

 Joint Broker                          Shard Capital Partners LLP      +44 (0) 207 186 9900

 Damon Heath / Erik Woolgar

 

 

 

Appendix

 

 1.  Details of the person discharging managerial responsibilities/person closely
     associated
 a)  Name:                                                         Russell Lamming
 2.  Reason for the notification
 a)  Position/status:                                              Chief Executive Officer
 b)  Initial notification/amendment:                               Initial notification
 3.  Details of the issuer emission allowance market participant, auction
     platform, auctioneer or auction monitor
 a)  Name:                                                         Keras Resources plc
 b)  LEI:                                                          213800OZFKFM2N4R4F47
 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 0.01 pence each

     Identification code:                                          ISIN:    GB00B649J414
 b)  Nature of the transaction:                                    Sale of Shares
 c)  Price(s) and volume(s):

            Prices(s)  Volume(s)
                                                                   1.          0.086p     46,000,000

 
 d)  Aggregated information:

     Aggregated volume:                                            46,000,000

     Price:                                                        0.086p

 e)  Date of transaction:                                          14/04/2022
 f)  Place of transaction                                          XLON

 

d)

Aggregated information:

 

Aggregated volume:

 

Price:

 

 

46,000,000

 

0.086p

 

e)

Date of transaction:

14/04/2022

f)

Place of transaction

XLON

 

 

 1.  Details of the person discharging managerial responsibilities/person closely
     associated
 a)  Name:                                                         Russell Lamming
 2.  Reason for the notification
 a)  Position/status:                                              Chief Executive Officer
 b)  Initial notification/amendment:                               Initial notification
 3.  Details of the issuer emission allowance market participant, auction
     platform, auctioneer or auction monitor
 a)  Name:                                                         Keras Resources plc
 b)  LEI:                                                          213800OZFKFM2N4R4F47
 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 0.01 pence each

     Identification code:                                          ISIN:    GB00B649J414
 b)  Nature of the transaction:                                    Purchase of Shares through ISA
 c)  Price(s) and volume(s):

            Prices(s)  Volume(s)
                                                                   1.          0.086p     23,000,000

 
 d)  Aggregated information:

     Aggregated volume:                                            23,000,000

     Price:                                                        0.086p

 e)  Date of transaction:                                          14/02/2021
 f)  Place of transaction                                          XLON

 

d)

Aggregated information:

 

Aggregated volume:

 

Price:

 

 

23,000,000

 

0.086p

 

e)

Date of transaction:

14/02/2021

f)

Place of transaction

XLON

 

 

 1.  Details of the person discharging managerial responsibilities/person closely
     associated
 a)  Name:                                                         Joanne Lamming
 2.  Reason for the notification
 a)  Position/status:                                              PCA of Russell Lamming
 b)  Initial notification/amendment:                               Initial notification
 3.  Details of the issuer emission allowance market participant, auction
     platform, auctioneer or auction monitor
 a)  Name:                                                         Keras Resources plc
 b)  LEI:                                                          213800OZFKFM2N4R4F47
 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 0.01 pence each

     Identification code:                                          ISIN:    GB00B649J414
 b)  Nature of the transaction:                                    Purchase of Shares through ISA
 c)  Price(s) and volume(s):

            Prices(s)  Volume(s)
                                                                   1.          0.086p     23,000,000

 
 d)  Aggregated information:

     Aggregated volume:                                            23,000,000

     Price:                                                        0.086p

 e)  Date of transaction:                                          14/04/2022
 f)  Place of transaction                                          XLON

 

d)

Aggregated information:

 

Aggregated volume:

 

Price:

 

 

23,000,000

 

0.086p

 

e)

Date of transaction:

14/04/2022

f)

Place of transaction

XLON

 

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