Directors' Dealing

RNS Number : 1567I

Arc Minerals Limited

07 August 2019

 

7 August 2019

Arc Minerals Ltd 

('Arc' or the 'Company')

Directors' Dealing 

Arc Minerals announces that yesterday it was notified that Mr Rémy Welschinger, Non-Executive Director of the Company, had purchased 100,000 shares of no par value in the Company ("Ordinary Shares") at a price of 4.00 pence per share.

Following this transaction, Rémy Welschinger holds a beneficial interest in 13,028,844 Ordinary Shares representing approximately 1.82 per cent. of the Company's issued share capital. In addition, Mr Welschinger holds a beneficial interest in 9,044,446 options and warrants.

Market Abuse Regulation (MAR) Disclosure

Certain information contained in this announcement would have been deemed inside information for the purposes of Article 7 of Regulation (EU) No 596/2014 until the release of this announcement.

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/person closely associated
a)	Name:	Rémy Welschinger
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:	Arc Minerals Limited
b)	LEI:	213800XHFJVCC9GP2G75
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 no par value    VGG045791016
b)	Nature of the transaction:	Purchase of shares
c)	Price(s) and volume(s):	Price(s) Volume(s) 4.00 pence 100,000
d)	Aggregated information: Aggregated volume: Price:	Single transaction as in 4 c) above Price(s) Volume(s) 4.00 pence 100,000
e)	Date of the transaction:	2019-08-06 08:44 BST
f)	Place of the transaction:	London Stock Exchange, AIM

Contacts

Arc Minerals Ltd Nick von Schirnding (Chairman)	[phone]
SP Angel (Nominated Adviser & Broker) Ewan Leggat / Soltan Tagiev	[phone]

 

END

 

 

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