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RNS Number : 2633U URU Metals Limited 01 December 2021
01 December 2021
URU Metals Limited
("URU" or "the Company")
PCA Dealing & Holdings in the Company
URU announces that it has been informed by Captor Capital Corporation
("Captor") that on 30 November 2021 it disposed 19,309 depositary interests of
no par value each in the Company ("Ordinary Shares"). As a result of the sale
of 19,309 Ordinary Shares, Captor now holds 99,202 Ordinary Shares
representing 6.02% of the issued share capital of the Company. The Company was
notified that the 19,309 Ordinary Shares were purchased by Lexinter
International Limited, a substantial shareholder in the Company.
As a result of the purchase of the 19,309 Ordinary Shares from Captor,
Lexinter Internal Limited now holds 254,603 Ordinary Shares in the Company
representing approximately 15.46% of the issued share capital of the Company.
As a result of the sale of Ordinary Shares by Captor, John Zorbas now holds a
beneficial interest in 6.02% of the issued share capital of the Company,
indirectly through Captor Capital Corporation. John Zorbas exercises control
over Captor Capital Corporation due to his position as Chief Executive Officer
and his shareholding in Captor Capital Corporation.
Following the sale of Ordinary Shares by Captor, John Zorbas' resulting
beneficial interest, direct and indirect, in the issued share capital of the
Company is 603,434 Ordinary Shares representing approximately 36.65% of the
issued share capital of the Company.
Dealings by Persons Closely Associated ("PCA") with a Person Discharging
Managerial Responsibilities ("PDMR")
1 Details of the person discharging managerial responsibilities / person closely
associated
a) Name 1) Captor Capital Corporation
.
2 Reason for the notification
a) Position/status 1) PCA of John Zorbas - CEO of URU Metals Limited
b) Initial notification /Amendment Initial Notification
3 Details of the issuer, emission allowance market participant, auction
platform, auctioneer or auction monitor
a) Name URU Metals Limited
b) LEI 213800ZPHWT9VE1H1Q84
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 Depositary interests of no par value each
Identification code ISIN: VGG930042012
b) Nature of the transaction 1. Sale of Ordinary Shares
c) Price(s) and volume(s) Price(s) Volume(s)
215 pence 19,309
d) Aggregated information Price(s) Volume(s)
215 pence 19,309
- Aggregated volume Single transaction as per 4.c) above
- Price
e) Date of the transaction 30 November 2021
f) Place of the transaction Outside a trading venue
d)
Aggregated information
Price(s) Volume(s)
215 pence 19,309
- Aggregated volume
Single transaction as per 4.c) above
- Price
e)
Date of the transaction
30 November 2021
f)
Place of the transaction
Outside a trading venue
Market Abuse Regulation (MAR) Disclosure
This announcement contains inside information for the purposes of Article 7 of
the Market Abuse Regulation (EU) 596/2014 as it forms part of UK domestic law
by virtue of the European Union (Withdrawal) Act 2018 ("MAR"), and is
disclosed in accordance with the Company's obligations under Article 17 of
MAR.
For further information, please contact:
URU Metals Limited +1 416 504 3978
John Zorbas
(Chief Executive Officer)
SP Angel Corporate Finance LLP + 44 (0) 203 470 0470
(Nominated Adviser and Broker)
Ewan Leggat
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