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RNS Number : 0156Z URU Metals Limited 19 January 2022
19 January 2022
URU Metals Limited
("URU" or "the Company")
PCA Dealing & Holdings in the Company
URU announces that it has today been informed by Captor Capital Corporation
("Captor") that on 19 January 2022 it disposed 99,202 depositary interests of
no par value each in the Company ("Ordinary Shares") at a price of 200 pence
per Ordinary Share. As a result of the sale of 99,202 Ordinary Shares,
Captor will no longer hold any Ordinary Shares. The Company was notified that
from the total sale, 52,600 Ordinary Shares were purchased by Lexinter
International Limited, a substantial shareholder in the Company.
As a result of the purchase of the 52,600 Ordinary Shares from Captor,
Lexinter Internal Limited now holds 307,203 Ordinary Shares in the Company,
representing approximately 18.66% of the issued share capital of the Company.
As a result of the sale of Ordinary Shares by Captor, John Zorbas has
decreased his indirect beneficial interest in 6.02% of the issued share
capital of the Company, held 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 504,232 Ordinary Shares, representing approximately 30.62% 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)
200 99,202
d) Aggregated information Price(s) Volume(s)
200 99,202
- Aggregated volume Single transaction as per 4.c) above
- Price
e) Date of the transaction 19 January 2022
f) Place of the transaction Outside a trading venue
d)
Aggregated information
Price(s) Volume(s)
200 99,202
- Aggregated volume
Single transaction as per 4.c) above
- Price
e)
Date of the transaction
19 January 2022
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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