REG - Shanta Gold Limited - Director/PDMR Shareholding

Shanta GoldAnnouncement

06/01/2021 08:35

RNS Number : 7394K
  
Shanta Gold Limited
  
06 January 2021
  
 

06 January 2021
Shanta Gold Limited
("Shanta Gold" or the "Company")
 
Director/PDMR Shareholding
 
Notification of transaction by Person Discharging Managerial Responsibilities ("PDMR')
 



1.            


Details of the person discharging managerial responsibilities / person closely associated




a.         


Name


Ketan Patel




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


Shanta Gold Limited




b.            


LEI


2138004VR5BVV1VD7P81




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
Identification code


Ordinary shares of 0.01 pence each

GB00BOC6R828
 




b.            


Nature of the transaction


Purchase of shares




c.            


Price(s) and volume(s)


Price(s)
£0.17
£0.16


Volume(s)
240,000
16,251




d.            


Aggregated information
·    Aggregated volume
·    Price


 
 
256,251
£43,400.16




e.            


Date of the transaction


31 December 2020




f.            


Place of the transaction


London Stock Exchange



 
Following the purchase, Ketan Patel holds 44,530,268 ordinary shares in the Company which represents 4.27% of the Company's issued share capital.
 
This announcement is made in accordance with Article 19 of the EU Market Abuse Regulation 596/2014.
 
Enquiries:
 



Shanta Gold Limited 


 




Eric Zurrin (CEO)


 +44 (0) 14 8173 2153 




Luke Leslie (CFO)


 




 


 




Nominated Adviser and Joint Broker


 




Liberum Capital Limited


 




Scott Mathieson / Ed Thomas / Louis Davies / Nikhil Varghese


 +44 (0) 20 3100 2000




 


 




Joint Broker


 




Tamesis Partners LLP


 




Charlie Bendon / Richard Greenfield


 +44 (0) 20 3882 2868



 
About Shanta Gold
Shanta Gold is an East Africa-focused gold producer. It currently has defined ore resources on the New Luika and Singida projects in Tanzania and holds exploration licences covering approximately 1,100 km2 in the country. Shanta Gold also owns the West Kenya Project in Kenya with defined ore resources of 1.2 Mt grading 12.6 g/t. Shanta's flagship New Luika Gold Mine commenced production in 2012 and produced 84,506 ounces in 2019. The Company has been admitted to trading on London's AIM market and has approximately 1,043 million shares in issue. For further information please visit: www.shantagold.com.
 

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