Director Share Dealings in Company

RNS Number : 7417O

Anglo Pacific Group PLC

03 June 2020

 

News Release

3 June 2020

Anglo Pacific Group PLC

Director 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 Kings Chapel International Limited, a person closely associated with Mr. Julian Treger, Chief Executive Officer of the Company.

On 1 June 2020, Kings Chapel International Limited, sold 270,000 ordinary shares of 2 pence each in the Company ("Shares") at a price of 158p per share. This transaction reduces Mr. Treger's interest to 82% of his pre-existing beneficial holding of Shares in line with the Company's announcement on 22 May 2020 and concludes the disposals by Mr. Treger and persons closely associated with him.

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 4,525,631 Shares, representing 2.49% of the issued ordinary share capital of the Company.

The 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	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.	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	Sale of Shares
c.	Price(s) and volume(s)	Price(s) Volume(s) 158.00p 270,000
d.	Aggregated information · Aggregated volume · Price	270,000 158.00p
e.	Date of the transaction	1 June 2020
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 / Alexander Allen / 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 become a leading natural resources company through investing in high quality projects in preferred jurisdictions with trusted counterparties, underpinned by strong ESG principles. It is a continuing policy of the Company to pay a substantial portion of these royalties and streams to shareholders as dividends.

 

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