REG - Oriole Resources PLC - Directors’ Share Dealings
11/02/2025 07:15
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RNS Number : 5945W Oriole Resources PLC 11 February 2025
Oriole Resources PLC
('Oriole Resources' or 'the Company' or 'the Group')
Directors' Share Dealings
Oriole Resources PLC (AIM: ORR), the AIM-quoted exploration company focused on
West and Central Africa, announces it has been informed of the following share
dealings by Directors in the ordinary shares of 0.1 pence each in the Company
("Ordinary Shares").
Name Number of Ordinary Shares held prior to transaction Number of Ordinary Shares Purchased Resultant shareholding in the Company following the transaction Percentage of the issued share capital of the Company following the
transaction
Martin Rosser 5,675,585 8,936,792 14,612,377 0.38
Robert Smeeton 35,936,378 4,797,496 40,733,874 1.05
Claire Bay 11,406,568 2,292,302 13,698,870 0.35
Following these purchases of shares, the Directors of the Company now hold a
total 257,399,165 Ordinary Shares, representing 6.61% of the Company's total
voting rights.
The information contained within this announcement is deemed to constitute
inside information as stipulated under the retained EU law version of the
Market Abuse Regulation (EU) No. 596/2014 (the "UK MAR") which is part of UK
law by virtue of the European Union (Withdrawal) Act 2018. The information is
disclosed in accordance with the Company's obligations under Article 17 of the
UK MAR. Upon the publication of this announcement, this inside information is
now considered to be in the public domain.
** ENDS **
ANNEX - PDMR notifications
Template for 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) Name
Martin Rosser
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 Oriole Resources PLC
b) LEI 213800X32GJR5AGAR511
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 the capital of the Company
Identification code Ordinary Share ISIN: GB00B0T29327
b) Nature of the transaction Purchase of new shares.
c) Price(s) and volume(s)
Price(s) Volume(s)
0.00205 3,900,492
0.001985 2,516,881
0.001983 2,519,419
d) Aggregated information
- Aggregated volume 8,936,792 Ordinary Shares of 0.1 pence each
- Price 0.20 pence per Ordinary Share
e) Date of the transaction 10(th) February 2025
f) Place of the transaction London Stock Exchange, AIM Market (XLON)
1 Details of the person discharging managerial responsibilities / person closely
associated
a) Name
Robert Smeeton
2 Reason for the notification
a) Position/status Chief Financial Officer
b) Initial notification /Amendment Initial notification
3 Details of the issuer, emission allowance market participant, auction
platform, auctioneer or auction monitor
a) Name Oriole Resources PLC
b) LEI 213800X32GJR5AGAR511
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 the capital of the Company
Identification code Ordinary Share ISIN: GB00B0T29327
b) Nature of the transaction Purchase of new shares.
c) Price(s) and volume(s)
Price(s) Volume(s)
0.1983 1,008,572
0.2158 926,784
0.2158 1,853,568
0.1983 1,008,572
d) Aggregated information
- Aggregated volume 4,797,496 Ordinary Shares of 0.1 pence each
- Price 0.21 pence per Ordinary Share
e) Date of the transaction 10(th) February 2025
f) Place of the transaction London Stock Exchange, AIM Market (XLON)
1 Details of the person discharging managerial responsibilities / person closely
associated
a) Name
Claire Bay
2 Reason for the notification
a) Position/status 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 Oriole Resources PLC
b) LEI 213800X32GJR5AGAR511
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 the capital of the Company
Identification code Ordinary Share ISIN: GB00B0T29327
b) Nature of the transaction Purchase of new shares.
c) Price(s) and volume(s)
Price(s) Volume(s)
2,292,302 0.2176
d) Aggregated information
- Aggregated volume N/A
- Price
e) Date of the transaction 10(th) February 2025
f) Place of the transaction London Stock Exchange, AIM Market (XLON)
For further information please visit www.orioleresources.com
(http://www.orioleresources.com) , @OrioleResources on Twitter, or contact:
Oriole Resources Plc Tel: +44 (0)23 8065 1649
Martin Rosser / Bob Smeeton / Claire Bay
BlytheRay (IR/PR Contact) Tel: +44 (0)20 7138 3204
Tim Blythe / Megan Ray
Grant Thornton UK LLP Tel: +44 (0)20 7383 5100
Samantha Harrison / Ciara Donnelly /Elliot Peters
SP Angel Corporate Finance LLP Tel: +44 (0)20 3470 0470
Ewan Leggat
Notes to Editors:
Oriole Resources PLC is an AIM-listed gold exploration company, with projects
in West and Central Africa. It is focused on early-stage exploration in
Cameroon, where the Company has reported a Resource of 375,000 oz Au at
2.30g/t in the JORC Inferred category at its 90% owned Bibemi project and has
identified multi-kilometre gold and lithium anomalies within the
district-scale Central Licence Package project. BCM International is
currently earning up to a 50% interest in the Bibemi and Mbe projects in
return for a combined investment of US$1.5 million in signature payments, up
to US$8 million in exploration expenditure, as well as JORC resource-based
success payments.
At the Senala gold project in Senegal, AGEM Senegal Exploration Suarl
('AGEM'), a wholly owned subsidiary of Managem Group, has recently completed a
six-year earn-in to acquire an estimated 59% beneficial interest in the Senala
Exploration Licence by spending US$5.8 million. A review of expenditure and
discussions on the formation of a joint-venture company are currently
underway. The Company also has several interests and royalties in companies
operating in East Africa and Turkey that could give future cash payments.
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