Director's Share Dealings

RNS Number : 6875H

Anglo Pacific Group PLC

19 August 2016

 

News Release

August 19, 2016

Anglo Pacific Group PLC

Director's Share Dealings

Anglo Pacific Group PLC (the "Company") (LSE: APF, TSX: APY) announces that it received notification on August 18, 2016 of the following transaction by Mr. Patrick Meier, Non-executive Director of the Company.

On August 9, 2016, Mr. Meier's dividend was reinvested during a close period, due to a standing instruction with Mr. Meier's broker rather than any instruction given during the close period. Mr. Meier consequently acquired 1,137 ordinary shares of 2 pence each in the Company ("Shares") at a price of £0.94 per Share.  This transaction took place on the London Stock Exchange.

Following this notification, the total beneficial holding of Shares by Mr. Meier and persons closely associated with Mr. Meier is now 157,318 Shares, representing 0.09% of the issued ordinary share capital of the Company.

For further information:

Anglo Pacific Group PLC                                                                                    [phone]

Julian Treger, Chief Executive Officer

Kevin Flynn, Chief Financial Officer & Company Secretary

Bell Pottinger                                                                                                       [phone]

Nick Lambert / David Bass / Richard Crowley

The following notification, made pursuant to Article 19(3) of the Market Abuse Regulation, provides further details.

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	Patrick Meier
2	Reason for the notification
a)	Position/status	Non-executive Director
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
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 Shares of 2p each GB0006449366
b)	Nature of the transaction	Acquisition of Shares as described above.
c)	Price(s) and volume(s)	Price(s) Volume(s) GBP 00.94 1,137
d)	Aggregated information - Aggregated volume - Price	N/A (single transaction)
e)	Date of the transaction	9 August 2016
f)	Place of the transaction	London Stock Exchange (XLON)

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 through acquiring royalties on projects that are currently cash flow generating or are expected to be within the next 24 months. It is a continuing policy of the Company to pay a substantial portion of these royalties to shareholders as dividends.

 

END

 

 

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