Director/PDMR Shareholding

RNS Number : 1936U

Argos Resources Ltd

20 October 2017

 

ARGOS RESOURCES LIMITED

("Argos" or "the Company")

Director / PDMR Shareholding

Argos Resources Limited (AIM: ARG.L), the Falkland Islands based exploration company focused on the North Falkland Basin confirms that it has received notification that on 19 October 2017 that John Hogan, Managing Director of the Company, transferred for nil consideration a total of 1,000,000 Ordinary Shares to his daughter, who is of majority age and so is not a Person Closely Associated with Mr Hogan (within the meaning of the Market Abuse Regulation). As a result of this transaction, Mr Hogan's interest in the Company now stands at 750,000 shares, representing 0.34 per cent. of the Company's issued share capital.

For further information:

Argos Resources Limited ([phone])

www.argosresources.com

Ian Thomson, Chairman

John Hogan, Managing Director

Cenkos Securities plc (Nomad & Broker)

Derrick Lee ([phone])

Neil McDonald ([phone])

1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	John Hogan
2.	Reason for the Notification
a)	Position/status	Managing Director
b)	Initial notification/Amendment	Initial
3.	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)	Name	Argos Resources Ltd
b)	LEI	213800JFBALNFGTAJM89
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 2p each
	Identification code	FK0114538241
b)	Nature of the transaction	Gift of shares
c)	Price(s) and volume(s)	Price(s) Volume(s) nil 1,000,000
d)	Aggregated information: ·     Aggregated volume ·     Price	N/A
e)	Date of the transaction	19 October 2017
f)	Place of the transaction	London Stock Exchange, AIM Market (ARG)

 

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