Director Share Purchases

RNS Number : 3997E

Cadence Minerals PLC

03 July 2019

 

Cadence Minerals Plc

("Cadence Minerals", "Cadence" or "the Company")

Director Share Purchases

The Company makes the following disclosures in relation to the participation of directors in the recent fundraising as announced on 27th June 2019 with title 'Placing to Raise £1.6 Million'.

Details of the Director purchases are contained in the table below.

Director	Position	Number of ordinary shares acquired	Price paid per share (pence)
Kiran Morzaria	Director & CEO	45,454,545	0.11
Donald Strang	Finance Director	45,454,545	0.11

After these acquisitions, the total notifiable share interest in the Company for the directors is as follows

Director	Position	Total holding of ordinary shares
Andrew Suckling	Non-Executive Chairman	6,409,644
Kiran Morzaria	Director & CEO	60,957,149
Donald Strang	Non-Executive Director	58,554,545
Adrian Fairbourn	Finance Director	13,600,539

For further information:

Cadence Minerals plc [phone] Andrew Suckling Kiran Morzaria WH Ireland Limited (NOMAD & Broker) [phone] James Joyce James Sinclair-Ford

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	Kiran Morzaria
2		Reason for the notification
a)		Position/status	Director & CEO
b)		Initial notification/ Amendment	Initial notification
3		Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)		Name	Cadence Minerals PLC
b)		LEI	213800TUZWG9C2GRNO58
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 Share GB00B067JC96
b)		Nature of the transaction	Defined Directors Share Purchase Programme
c)		Price(s) and volume(s)	Price(s) Volume(s) £0.0011 45,454,545
d)		Aggregated information -      Aggregated volume -      Price	45,454,545 £0.0011
e)		Date of the transaction	02/07/2019
f)		Place of the transaction	XLON, AIM
1	Details of the person discharging managerial responsibilities/person closely associated
a)	Name		Donald Strang
2	Reason for the notification
a)	Position/status		Finance Director
b)	Initial notification/ Amendment		Initial notification
3	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)	Name		Cadence Minerals PLC
b)	LEI		213800TUZWG9C2GRNO58
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 Share GB00B067JC96
b)	Nature of the transaction		Defined Directors Share Purchase Programme
c)	Price(s) and volume(s)		Price(s) Volume(s) £0.0011 45,454,545
d)	Aggregated information -      Aggregated volume -      Price		45,454,545 £0.0011
e)	Date of the transaction		02/07/2019
f)	Place of the transaction		XLON, AIM

 

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