REG - Oriole Resources PLC - Directors’ Share Dealings
10/07/2025 10:45
For best results when printing this announcement, please click on link below:
https://newsfile.refinitiv.com/getnewsfile/v1/story?guid=urn:newsml:reuters.com:20250710:nRSJ5686Qa&default-theme=true
RNS Number : 5686Q Oriole Resources PLC 10 July 2025
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.
Oriole Resources PLC
('Oriole Resources' or the 'Company')
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
Eileen Carr 181,672,969 15,000,000 196,672,969 5.05
Robert Smeeton 40,733,874 3,773,584 44,507,458 1.14
Claire Bay 13,698,870 937,759 14,636,629 0.38
Following these purchases of shares, the Directors of the Company now hold a
total 277,110,508 Ordinary Shares, representing 7.11% of the Company's total
voting rights.
PDMR notifications
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
Eileen Carr
2 Reason for the notification
a) Position/status Chair
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)
0.2066 5,000,000
0.208 5,000,000
0.212 5,000,000
d) Aggregated information
- Aggregated volume 15,000,000 Ordinary Shares of 0.1 pence each
- Price 0.21 pence per Ordinary Share
e) Date of the transaction 10(th) July 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)
0.212 1,886,792
0.212 1,886,792
d) Aggregated information
- Aggregated volume 3,773,584 Ordinary Shares of 0.1 pence each
- Price 0.21 pence per Ordinary Share
e) Date of the transaction 10(th) July 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)
0.212 937,759
d) Aggregated information
- Aggregated volume N/A
- Price
e) Date of the transaction 10(th) July 2025
f) Place of the transaction London Stock Exchange, AIM Market (XLON)
Enquiries:
Oriole Resources Plc Tel: +44 (0)23 8065 1649
Martin Rosser / Bob Smeeton / Claire Bay
Strand Hanson Limited (Nomad & Broker) Tel: +44 (0)20 7409 3494
Christopher Raggett / James Spinney / Edward Foulkes
IFC Advisory Ltd (Financial IR & PR) Tel: +44 (0)20 3934 6630
Tim Metcalfe / Graham Herring / Florence Staton oriole@investor-focus.co.uk (mailto:oriole@investor-focus.co.uk)
Notes to Editors
Oriole Resources PLC is an AIM-quoted 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 460,000oz contained
gold at 2.06g/t Au in the JORC Indicated and Inferred categories at its 90%
owned Bibemi project and has identified multi-kilometre gold and lithium
anomalies within the district scale Central Licence Package, including the Mbe
project. At Mbe, the Company has published a maiden Exploration target range
of 17 to 24 million tonnes at a grade of 0.69 to 0.84g/t Au for 380,000oz
to 650,000oz contained gold for the MB01 prospect, and a maiden Resource for
the MB01-S target is scheduled for Q4-2025. 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 completed a six-year
earn-in to acquire an approximate 59% beneficial interest in the Senala
Exploration Licence by spending US$5.8 million. The Company has reported a
Resource of 155,000oz contained gold at 1.26g/t Au in the JORC Inferred
category for the Faré South prospect, and an additional, complimentary
Exploration target range of 17 to 24 million tonnes at a grade of 0.69 to
0.84g/t Au for 380,000oz to 650,000oz contained gold for all prospects at
Senala. 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.
For further information please visit www.orioleresources.com
(http://www.orioleresources.com) , @OrioleResources on X
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 DSHKBLBFEDLZBBXRecent news on Oriole Resources
See all newsREG - Oriole Resources PLC - Holding(s) in Company
AnnouncementREG - Oriole Resources PLC - Confirmed Extension of Mbe Sub-Surface Gold System
AnnouncementREG - Oriole Resources PLC - Directors’ Share Dealings
AnnouncementREG - Oriole Resources PLC - Maiden JORC Exploration Target for Mbe
AnnouncementREG - Oriole Resources PLC - Extension of Warrant Expiry Date
Announcement