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REG - Power Metal - Director/PDMR Shareholding

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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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