MetalNRG plc
“MetalNRG†or the “Companyâ€
Director Share Purchase
MetalNRG (LON:MNRG), the London NEX Exchange quoted natural resource investing company has today received notice that Michelle Johnson, wife of MetalNRG CEO Paul Johnson, today purchased 100,000 shares on market at a price of 1.8p.
Following this share purchase the relevant shareholdings are as following:
Paul Johnson 5,000,000 shares
Michelle Johnson 100,000 shares
Value Generation Limited 9,516,634 shares
(50% held by Paul Johnson and 50% by Michelle Johnson)
Paul Johnson is therefore interested in 14,616,634 shares representing 10.76% of issued share capital.
The directors of MetalNRG accept responsibility for this announcement.
Contact Details:
MetalNRG plc
Paul Johnson (Chief Executive Officer) +44 (0) 7766 465617
Cairn Financial Advisers LLP
James Caithie/Liam Murray +44 (0) 207 213 0880
DIRECTOR/PDMR DEALING
1 | Details of the person discharging managerial responsibilities/person closely associated | |||||||
a. | Name | Michelle Johnson | ||||||
2 | Reason for notification | |||||||
a. | Position/Status | Person closely associated with a director of MetalNRG plc | ||||||
b. | Initial notification/ Amendment |
Initial Notification | ||||||
3 | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | |||||||
a. | Name | MetalNRG plc | ||||||
b. | LEI | N/A | ||||||
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 0.01p each ISIN: GB00B15FS791 |
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b. | Nature of the transaction | Purchase of ordinary shares | ||||||
c. | Price(s) and volume(s) | |||||||
Price(s) | Volume(s) | |||||||
1.8 pence per share | 100,000 | |||||||
d. | Aggregated information - Aggregated Volume - Price |
N/A 100,000 £1,800 |
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e. | Date of the transaction | 11 May 2017 | ||||||
f. | Place of the transaction | NEX Exchange | ||||||