News Release
29 March 2018
Anglo Pacific Group PLC
Directors' Share Dealings in Company
Anglo Pacific Group PLC (the "Company") (LSE: APF, TSX: APY) announces that it received notification on 28 March 2018 of the following transactions by persons closely associated with Mr. Julian Treger, Chief Executive Officer, and Mr. Patrick Meier, Chairman of the Company.
On 28 March 2018, Mr. Treger acquired 25,000 ordinary shares of 2 pence each in the Company ("Shares") via his pension fund at a price of 149p per Share, and Mr. Meier acquired 16,111 ordinary shares of 2 pence each in the Company at a price of 151p per Share.
The transactions took place on the London Stock Exchange.
Following this notification, the total beneficial holding of Shares by Mr. Treger and his connected persons is now 5,651,454 Shares and the total beneficial holding of Shares by Mr. Meier is 211,989 Shares, representing 3.12% and 0.12% respectively, of the issued ordinary share capital of the Company.
This notification is intended to satisfy the Company's obligations under Disclosure and Transparency Rule 3.1.4R.
Directors' Share Dealings - Further information
The notification 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 |
||||
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 |
n/a |
||||
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) |
|
||||
d. |
Aggregated information · Aggregated volume · Price
|
25,000 149p |
||||
e. |
Date of the transaction |
28 March 2018 |
||||
f. |
Place of the transaction |
London Stock Exchange, Main Market (XLON)
|
1. |
Details of the person discharging managerial responsibilities / person closely associated |
|||||
a. |
Name |
Patrick Meier |
||||
2. |
Reason for the notification |
|||||
a. |
Position/status |
Non-Executive Chairman |
||||
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 |
n/a |
||||
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) |
|
||||
d. |
Aggregated information · Aggregated volume · Price
|
16,111 151p |
||||
e. |
Date of the transaction |
28 March 2018 |
||||
f. |
Place of the transaction |
London Stock Exchange, Main Market (XLON) |
For further information:
Anglo Pacific Group PLC |
+44 (0) 20 3435 7400 |
|
|
Julian Treger - Chief Executive Officer Kevin Flynn - Chief Financial Officer and Company Secretary
|
|
|
|
Website: |
|
||
|
|
|
|
BMO Capital Markets Limited |
+44 (0) 20 7664 8020 |
|
|
Jeffrey Couch / Neil Haycock / Tom Rider |
|
|
|
|
|
|
|
Canaccord Genuity Limited |
+44 (0) 20 7523 8000 |
||
Martin Davison / James Asensio |
|
||
|
|
||
Peel Hunt LLP |
+44 (0) 20 7418 8900 |
||
Ross Allister / James Bavister |
|
||
|
|
||
Redleaf Communications |
+44 (0) 20 3757 6880 |
||
Charlie Geller / Fiona Norman / Ian Silvera |
|
||
Notes to Editors
About Anglo Pacific
Anglo Pacific Group PLC is a global natural resources royalty company. The Company's strategy is to develop a leading international diversified royalty company with a portfolio centred on base metals and bulk materials, focusing on accelerating income growth mainly 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.