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RNS Number : 7537H Mineral & Financial Invest. Limited 07 May 2025
Mineral and Financial Investments Limited
Directors Dealing / PDMR Shareholding
Camana Bay, Cayman Island - 7 May 2025 - Mineral & Financial Investments
("M&FI" or the "Company") has been notified that on 6 May 2025,
Interactive Investor Services Nominees Limited sold 66,666 ordinary shares of
1p each in the Company ("Shares") at a price of 24.277p per share from a
trading account held on behalf of James Lesser, a Non-Executive Director of
the Company.
In addition, on 7 May 2025, Jamie Lesser exercised options over 200,000
ordinary shares in the Company at a price of 13.5p per ordinary share.
Accordingly the Company has today approved the issue of 200,000 ordinary
shares in the Company (the "Option Shares") and application has been made for
the Option Shares to be admitted to trading on AIM. The Option Shares will
rank pari passu with the Company's existing order shares and it is expected
that Admission will occur at 8am on 14 May 2025.
Following admission of the Option Shares, the Company's issued share capital
will comprise 37,555,871 Ordinary shares, none of which are held in treasury.
Therefore the total number of ordering shares with voting rights following
admission with be 37,555,871. This figure nay 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 heir interest in the
Company under the FCA's Disclosure Guidance and Transparency Rules.
Following these transactions, Mr Lesser is indirectly interested in 557,009
Shares in the Company, representing 1.48 per cent of the enlarged issued share
capital of the Company.
The notifications set out below are provided in accordance with the
requirements of the Market Abuse Regulation.
c Details of the person discharging managerial responsibilities ("PDMR") /
person closely associated ("PCA")
a) Name James Lesser
2 Reason for the notification
a) Position/status Non-Executive Director
b) Initial notification /Amendment Initial notification
3 Details of the issuer, emission allowance market participant, auction
platform, auctioneer or auction monitor
a) Name Mineral and Financial Investments Limited
b) LEI 213800XJN3E3OTYDCH82
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 1p each
Identification code KYG6181G1055
b) Nature of the transaction (i) Sale of Ordinary Shares from a trading account held on
behalf of James Lesser by Interactive Investor Services Nominees Limited
(ii) Exercise of Options
c) Price(s) and volume(s) (i) 66,666 Shares at 24.277p
(ii) Options over 200,000 ordinary shares at 13.5p
d) Aggregated information
N/A
- Aggregated volume
- Price
e) Date of the transaction (i) 6 May 2025
(ii) 7 May 2025
f) Place of the transaction London Stock Exchange (AIM: MAFL)
FOR MORE INFORMATION:
Jacques Vaillancourt, Mineral & Financial Investments
Ltd. +44 780 226 8247
Katy Mitchell, Zeus
+44 203
829 5000
Jon Belliss, Novum Securities
Limited
+44 207 382 8300
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