Director/PDMR Shareholding

RNS Number : 0173H

Argos Resources Ltd

12 November 2018

 

ARGOS RESOURCES LIMITED

("Argos" or "the Company")

Director / PDMR Shareholding

Argos Resources Limited (AIM: ARG.L), the Falkland Islands based company which holds a 5% Overriding Royalty Interest in Licence PL001 in the North Falkland Basin, confirms that it has received notification that on 9 November 2018 Argos Georgia Limited, distributed a total of 700,000 Ordinary Shares for nil consideration to Ian Thomson, Chairman of the Company. Argos Georgia Limited is an entity in which Ian Thomson holds a 51.68 per cent. interest. As a result of this transaction, Mr Thomson's interest in the Company now stands at 28,544,701 shares, representing 12.93 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	Ian Thomson
2.	Reason for the Notification
a)	Position/status	Chairman
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	Transfer of shares
c)	Price(s) and volume(s)	Price(s) Volume(s) nil 700,000
d)	Aggregated information: ·     Aggregated volume ·     Price	700,000 Ordinary Shares for nil consideration
e)	Date of the transaction	9 November 2018
f)	Place of the transaction	London Stock Exchange, AIM Market (ARG)

 

END

 

 

DSHQLLBFVFFEFBK