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RNS Number : 5173V Power Metal Resources PLC 15 April 2021
15 April 2021
Power Metal Resources plc ("Power Metal" or the "Company")
Director/PDMR Shareholding
Power Metal Resources plc (LON:POW) the AIM listed metals exploration and
development company was notified on 14(th) April 2021 that Mrs Stephanie Bell
made on that day a sale and repurchase of ordinary shares of 0.1 pence each in
the capital of the Company ("Ordinary Shares") to migrate part of her current
shareholding into her own ISA. Mrs Bell sold 906,218 Ordinary Shares held
through SI Capital Ltd and 906,218 were repurchased by her ISA on 14(th) April
2021.
Mrs Bell is a Person Closely Associated ("PCA") with Andrew Bell, Chairman of
Power Metal and a Person Discharging Managerial Responsibilities ("PDMR") for
the purposes of the Market Abuse Regulation ("MAR").
Following the dealing, the interests of Mr. Bell and his PCAs in the Ordinary
Shares remains unchanged, at 22,282,403 Ordinary Shares, representing 1.95
per cent of the issued share capital of the Company.
The notifications below, made in accordance with the requirements of the UK
Market Abuse Regulation, provide further detail.
1 Details of the person discharging managerial responsibilities / person closely
associated
a) Name Stephanie Bell
2 Reason for the notification
a) Position/status PCA of Andrew Bell, Power Metal Resources Plc Director
b) Initial notification /Amendment Initial Notification
3 Details of the issuer, emission allowance market participant, auction
platform, auctioneer or auction monitor
a) Name Power Metal Resources Plc
b) LEI 213800VNXOUPHTX53686
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 0.1p each
Identification code ISIN
:
GB00
BYWJ
Z743
b) Nature of the transaction Sale of ordinary shares
c) Price(s) and volume(s)
Price(s) Volume(s)
£0.022 906,218
d) Aggregated information
- Aggregated volume n/a
- Price
e) Date of the transaction 14 April 2021
f) Place of the transaction XLON
1 Details of the person discharging managerial responsibilities / person closely
associated
a) Name Stephanie Bell
2 Reason for the notification
a) Position/status PCA of Andrew Bell, Power Metal Resources Plc Director
b) Initial notification /Amendment Initial Notification
3 Details of the issuer, emission allowance market participant, auction
platform, auctioneer or auction monitor
a) Name Power Metal Resources Plc
b) LEI 213800VNXOUPHTX53686
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 0.1p each
Identification code ISIN
:
GB00
BYWJ
Z743
b) Nature of the transaction Purchase of ordinary shares
c) Price(s) and volume(s)
Price(s) Volume(s)
£0.02203 906,218
d) Aggregated information
- Aggregated volume n/a
- Price
e) Date of the transaction 14 April 2021
f) Place of the transaction XLON
- ENDS -
For further information please visit https://www.powermetalresources.com/
(https://www.powermetalresources.com/) or contact:
Power Metal Resources plc
Paul Johnson (Chief Executive Officer) +44 (0) 7766 465 617
SP Angel Corporate Finance (Nomad and Joint Broker)
Ewan Leggat/Charlie Bouverat +44 (0) 20 3470 0470
SI Capital Limited (Joint Broker)
Nick Emerson +44 (0) 1483 413 500
First Equity Limited (Joint Broker)
David Cockbill/Jason Robertson +44 (0) 20 7330 1883
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