Director and PCA Share Dealings in Company

RNS Number : 2420V

Anglo Pacific Group PLC

02 December 2019

 

News Release

2 December 2019

                                                                                Anglo Pacific Group PLC

Director and PCA Share Dealings in Company

Anglo Pacific Group PLC ("Anglo Pacific", the "Company") (LSE: APF, TSX: APY) announces that it received notification of the following transactions by Mr. Julian Treger, Chief Executive Officer of the Company and a person closely associated with Mr. Treger.

On 28 November 2019, Mr. Treger acquired 30,000 ordinary shares of 2 pence each in the Company ("Shares") at an approximate price of 183.60p per share.

Between 27 and 29 November 2019, Kings Chapel International Limited ("KCIL"), a person closely associated with Mr. Treger, sold 243,158 Shares at an average approximate price of 183.51p per share. This transaction was to rebalance the composition of the investments held by KCIL.

Mr. Treger and a person closely associated with him have made a significant investment in Shares of the Company since Mr. Treger became Chief Executive Officer in October 2013. In total, prior to this announcement, Mr. Treger and persons closely associated with him had invested approximately £6.0m acquiring Shares in the Company. These Shares had all been acquired on the London Stock Exchange at market price and not under any option package.

Following this notification, the total beneficial holding of Shares by Mr. Treger and persons closely associated with him is 5,478,296 Shares, representing 3.018% of the issued ordinary share capital of the Company.

All transactions took place on the London Stock Exchange.

Directors' Share Dealings - Further information

The notifications below, made in accordance with the requirements of the EU Market Abuse Regulations, provides further detail in respect of the transactions as described at the beginning of this announcement.

1.	Details of the person discharging managerial responsibilities / person closely associated
a.	Name	Julian Treger
2.	Reason for the notification
a.	Position/status	Chief Executive Officer of Anglo Pacific Group PLC
b.	Initial notification/Amendment	Initial Notification
3.	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a.	Name	Anglo Pacific Group PLC
b.	Legal Entity Identifier code	213800LXSV317746JZ71
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	2p Ordinary Shares GB0006449366
b.	Nature of the transaction	Acquisition of Shares
c.	Price(s) and volume(s)	Price(s) Volume(s) 183.599p 30,000
d.	Aggregated information ·    Aggregated volume ·    Price	30,000 183.599p
e.	Date of the transaction	28 November 2019
f.	Place of the transaction	London Stock Exchange, Main Market (XLON)

1.	Details of the person discharging managerial responsibilities / person closely associated
a.	Name	Kings Chapel International Limited
2.	Reason for the notification
a.	Position/status	Person closely associated with Mr. Julian Treger, Chief Executive Officer of Anglo Pacific Group PLC
b.	Initial notification/Amendment	Initial Notification
3.	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a.	Name	Anglo Pacific Group PLC
b.	LEI	213800LXSV317746JZ71
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	2p Ordinary Shares GB0006449366
b.	Nature of the transaction	Sale of Shares
c.	Price(s) and volume(s)	Price(s) Volume(s) 185.00p 184.00p 182.542p 180.00p 100,000 50,000 60,158 33,000
d.	Aggregated information ·    Aggregated volume ·    Price	243,158 183.51p
e.	Date of the transaction	27, 28 and 29 November 2019
f.	Place of the transaction	London Stock Exchange, Main Market (XLON)

For further information:

Anglo Pacific Group PLC	[phone]
Julian Treger - Chief Executive Officer Kevin Flynn - Chief Financial Officer and Company Secretary
Website:	www.anglopacificgroup.com
Berenberg	[phone]
Matthew Armitt / Jennifer Wyllie / Detlir Elezi
Peel Hunt LLP	[phone]
Ross Allister / James Bavister / David McKeown
RBC Capital Markets	[phone]
Farid Dadashev / Marcus Jackson / Jamil Miah
Capital Market Communications Limited (Camarco)	[phone]
Gordon Poole / Owen Roberts / James Crothers

Notes to Editors

About the Company

Anglo Pacific Group PLC is a global natural resources royalty and streaming company. The Company's strategy is to develop a leading international diversified royalty and streaming company with a portfolio centred on base metals and bulk materials, focusing on accelerating income growth through acquiring royalties on projects that are currently cash flow generating or are expected to be within the next 24 months, as well as investment in earlier stage royalties. It is a continuing policy of the Company to pay a substantial portion of these royalties to shareholders as dividends.

 

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