Director Share Dealings in Company

RNS Number : 3748E

Anglo Pacific Group PLC

07 July 2021

 

News Release

07 July 2021

  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 ("PCA") with Mr. Julian Treger, Chief Executive Officer of the Company.

On 2 July 2021, Kings Chapel International Limited, sold 108,000 ordinary shares of 2 pence each in the Company ("Shares") at an average approximate price of 140.00p per share. Kings Chapel International Limited, sold a further 200,000 Shares at an average approximate price of 140.00p per share on 5 July 2021 and 92,000 Shares at an average approximate price of 140.00p per share on 6 July 2021.

These transactions reduce Mr. Treger's interest to 81% of his pre-existing beneficial holding of Shares in line with the Company's announcement on 30 June 2021, which disclosed Mr. Treger's intention to retain at least 75% of his pre-existing beneficial holding of Shares.

Following this notification, the total beneficial holding of Shares by Mr. Treger and persons closely associated with him is 3,874,951 Shares, representing 1.81% 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 UK version of the Market Abuse Regulation (596/2014/EU)[1], 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) 140.00p 140.00p 140.00p 108,000 200,000 92,000
d.	Aggregated information · Aggregated volume · Price	400,000 140.00p
e.	Date of the transaction	2 July 2021, 5 July 2021 and 6 July 2021
f.	Place of the transaction	London Stock Exchange, Main Market (XLON)

[1] This is part of UK law by virtue of the European Union Withdrawal Act 2018.  

For further information:

Anglo Pacific Group PLC	[phone]
Julian Treger - Chief Executive Officer Kevin Flynn - Chief Financial Officer
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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[1]This is part of UK law by virtue of the European Union Withdrawal Act 2018.

 

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