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REG - Sunrise Resources - DIRECTOR DEALING

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RNS Number : 0178G  Sunrise Resources Plc  07 March 2024

7 March 2024

 

 

 

SUNRISE RESOURCES PLC

("Sunrise" or "the Company")

 

 

DIRECTOR DEALING

 

Sunrise Resources plc announces that on 5 March 2024 and 6 March 2024
Executive Chairman, Patrick Cheetham, purchased at total of 23,000,000
Ordinary Shares of 0.001 pence each in the Company ("Ordinary Shares") on
market, at a weighted average price of 0.0427 pence per share. These shares
were purchased through his Self-Invested Personal Pension (SIPP).

 

Following this transaction, Patrick Cheetham is now beneficially interested in
281,832,572 Ordinary Shares (including 5,500,000 Ordinary Shares held by his
wife, Karen Cheetham) representing 6.59% of the Company's issued share
capital.

 

 

Further information:

 

 Sunrise Resources plc                  Tel: +44 (0)1625 838 884

 Patrick Cheetham, Executive Chairman
                                        Tel: +44 (0)207 628 3396

 Beaumont Cornish Limited

 Nominated Adviser

 James Biddle/Roland Cornish
                                        Tel: +44 (0)207 469 0930

 Peterhouse Capital Limited

 Broker

 Lucy Williams/Duncan Vasey

 

 

Market Abuse Regulation (MAR) Disclosure

 

The information contained within this announcement is deemed by the Company to
constitute inside information as stipulated under the Market Abuse Regulations
(EU) No. 596/2014 which forms part of UK domestic law by virtue of the
European Union (Withdrawal) Act 2018 ('MAR'). Upon the publication of this
announcement via Regulatory Information Service ('RIS'), this inside
information is now considered to be in the public domain.

 

Shares in the Company trade on AIM. EPIC: "SRES".

Website: www.sunriseresourcesplc.com (http://www.sunriseresopurcesplc.com)

 

 

 

 

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
     I person closely associated
 a)  Name                                                              Patrick Cheetham
 2   Reason for the notification
 a)  Position/status                                                   Executive Chairman
 b)  Initial notification /Amendment                                   Initial notification
 3   Details  of  the  issuer,  emission  allowance  market   participant,
     auction  platform, auctioneer or auction monitor
 a)  Name                                                              Sunrise Resources plc
 b)  LEI                                                               213800MGDOE974QHPZ44
 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 0.001pence each

     Identification code                                               GB00B075Z681
 b)  Nature of the transaction                                        On market purchase
 c)  Price(s) and volume(s)                                            Price(s)                   Volume(s)
      0.0368 pence                                                                                3,000,000

      0.0437 pence                                                                                10,000,000

      0.0435 pence                                                                                10,000,000

 d)  Aggregated information

     - Aggregated volume                                               23,000,000

     - Price                                                           0.0427 pence (weighted average)

 e)  Date of the transaction                                           05/03/2024 and

                                                                       06/03/2024

 f)  Place of the transaction                                          London Stock Exchange (AIM)

 

 

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