Directors' Share Dealings in Company

RNS Number : 4945Z

Anglo Pacific Group PLC

03 September 2018

 

News Release

3 September 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 of the following transactions by Mr. Patrick Meier, Chairman of the Company, Mr. Robert Stan, Non-Executive Director of the Company, and Mr. Kevin Flynn, Chief Financial Officer and persons closely associated with Mr. Flynn, on 30 August 2018.

On 30 August 2018, Mr. Meier acquired 5,688 ordinary shares of 2 pence each in the Company ("Shares") at a price of 153p per Share, and an entity in which Mr. Stan has a beneficial interest, acquired 10,000 Shares at a price of 155p per Share.

On 30 August 2018, Mrs. Louise Flynn, Mr. Flynn's spouse, sold 7,530 Shares at a price of 153p per Share and acquired 2,579 Shares at a price of 154p per Share.  In addition, Mr. Flynn's daughter, Miss Emily Flynn, acquired 993 Shares at a price of 154p per Share, and Mr. Flynn acquired 3,958 Shares at a price of 154p per Share.  As a result of these transactions, the net movement in total Shares held by Mr. Flynn and persons closely associated with him was nil.

All transactions took place on the London Stock Exchange.

Following this notification, the total beneficial holding of Shares by Mr. Meier is 217,677 Shares, the total beneficial holding of Shares by Mr. Stan is 213,015 Shares and the total beneficial holding of Mr. Flynn and persons closely associated is 17,418 Shares representing 0.12%, 0.12% and 0.01% respectively, of the issued ordinary share capital of the Company.

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	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)	Price(s) Volume(s) 152.99p 5,688
d.	Aggregated information ·    Aggregated volume ·    Price	5,688 152.99p
e.	Date of the transaction	30 August 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	Robert Stan
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	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)	Price(s) Volume(s) 155p 10,000
d.	Aggregated information ·    Aggregated volume ·    Price	10,000 155p
e.	Date of the transaction	30 August 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	Kevin Flynn
2.	Reason for the notification
a.	Position/status	Chief Financial 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)	Price(s) Volume(s) 153.8499p 154p 3,226 732
d.	Aggregated information ·    Aggregated volume ·    Price	3,958 153.8776p
e.	Date of the transaction	30 August 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	Louise Flynn
2.	Reason for the notification
a.	Position/status	Person closely associated with Mr. Kevin Flynn
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	Disposal & Acquisition of Shares
c.	Price(s) and volume(s)	Disposal Price(s) Volume(s) 153.18p 7,530 Acquisition Price(s) Volume(s) 153.8499p 2,579
d.	Aggregated information ·    Aggregated volume ·    Price	4,951 - net disposal As above
e.	Date of the transaction	30 August 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	Emily Flynn
2.	Reason for the notification
a.	Position/status	Person closely associated with Mr. Kevin Flynn
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)	Price(s) Volume(s) 153.8499p 993
d.	Aggregated information ·    Aggregated volume ·    Price	993 153.8499p
e.	Date of the transaction	30 August 2018
f.	Place of the transaction	London Stock Exchange, Main Market (XLON)

 

For further information:

Anglo Pacific Group PLC Julian Treger - Chief Executive Officer Kevin Flynn - Chief Financial Officer and Company Secretary	[phone]
Website:	www.anglopacificgroup.com
BMO Capital Markets Limited	[phone]
Jeffrey Couch / Tom Rider
Canaccord Genuity Limited	[phone]
Martin Davison / James Asensio
Peel Hunt LLP	[phone]
Ross Allister / James Bavister
Capital Market Communications Limited (Camarco)	[phone]
Gordon Poole / Owen Roberts / James Crothers

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.

 

END

 

 

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