Notification of Transactions by PDMRs

RNS Number : 7642C

Anglo Pacific Group PLC

19 April 2017

 

News Release

April 19, 2017

Anglo Pacific Group PLC

Notification of Transactions by PDMRs

Anglo Pacific Group PLC (the "Company", the "Group") (LSE: APF, TSX: APY) announces that it has granted options over ordinary shares in the capital of the Company to the following persons discharging managerial responsibilities ("PDMRs") on April 12, 2017 as follows:

Name of PDMR	Number of shares over which USOP Options granted	Exercise price per share		Number of shares over which Trust Options granted	Exercise price per share
Kevin Flynn Chief Financial Officer and Company Secretary	200,000	126.07p		100,000	£nil
Juan Alvarez Head of Investments	200,000	126.07p		100,000	£nil

The USOP Options were granted under and subject to the terms of the Anglo Pacific Group PLC Unapproved Share Option Plan as approved by the Company's shareholders at the Annual General Meeting on May 10, 2016.

The Trust Options were granted under a one-off arrangement on materially the same terms as the terms of the USOP Options, save that the Trust Options have an exercise price of nil. No newly issued and/or treasury shares shall be used in relation to the Trust Options.

Each of the USOP Options and the Trust Options will ordinarily become exercisable three years from the date of grant and may ordinarily thereafter be exercised for a period expiring five years from the date of grant.

This notification is intended to satisfy the Company's obligations under Article 19 of the Market Abuse Regulation (596/2014).

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
BMO Capital Markets Limited	[phone]
Jeffrey Couch / Neil Haycock / Tom Rider / Jenny Wyllie
Macquarie Capital (Europe) Limited	[phone]
Raj Khatri / Nicholas Harland / Ariel Tepperman
Peel Hunt LLP	[phone]
Matthew Armitt / Ross Allister / Chris Burrows
Redleaf Communications	[phone]
Charlie Geller / David Ison / Sam Modlin

Notes to Editors

About Anglo Pacific

Anglo Pacific Group PLC is a global natural resources royalty and streaming company. The Company's strategy is to develop a leading international diversified royalty and streaming 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, 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.

Details of the full notifications received by the Company are set out below:

1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	Kevin Flynn
2	Reason for Notification
a)	Position/status	Chief Financial Officer and Company Secretary
b)	Initial notification/Amendment	Initial Announcement
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	Ordinary Shares of 2 pence each in Anglo Pacific Group PLC GB0006449366
b)	Nature of the transaction	Grant of an option award under the Anglo Pacific Group PLC Unapproved Share Option Plan with an exercise price per share of 126.07p. The award will ordinarily become exercisable three years from the date of grant and may ordinarily thereafter be exercised for a period expiring five years from the date of grant.
c)	Price(s) and volume(s)	Price(s) Volume(s) Nil 200,000
d)	Aggregated information -     Aggregated volume -     Price	Not applicable - single transaction
e)	Date of the transaction	12 April 2017
f)	Place of the transaction	Outside a trading venue
a)	Description of the financial instrument, type of instrument Identification code	Ordinary Shares of 2 pence each in Anglo Pacific Group PLC GB0006449366
b)	Nature of the transaction	Grant of a nil cost option award over ordinary shares in Anglo Pacific Group PLC. The award will ordinarily become exercisable three years from the date of grant and may ordinarily thereafter be exercised for a period expiring five years from the date of grant.
c)	Price(s) and volume(s)	Price(s) Volume(s) Nil 100,000
d)	Aggregated information -     Aggregated volume -     Price	Not applicable - single transaction
e)	Date of the transaction	12 April 2017
f)	Place of the transaction	Outside a trading venue

1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	Juan Alvarez
2	Reason for Notification
a)	Position/status	Head of Investments
b)	Initial notification/Amendment	Initial Announcement
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	Ordinary Shares of 2 pence each in Anglo Pacific Group PLC GB0006449366
b)	Nature of the transaction	Grant of an option award under the Anglo Pacific Group PLC Unapproved Share Option Plan with an exercise price per share of 126.07p. The award will ordinarily become exercisable three years from the date of grant and may ordinarily thereafter be exercised for a period expiring five years from the date of grant.
c)	Price(s) and volume(s)	Price(s) Volume(s) Nil 200,000
d)	Aggregated information -     Aggregated volume -     Price	Not applicable - single transaction
e)	Date of the transaction	12 April 2017
f)	Place of the transaction	Outside a trading venue
a)	Description of the financial instrument, type of instrument Identification code	Ordinary Shares of 2 pence each in Anglo Pacific Group PLC GB0006449366
b)	Nature of the transaction	Grant of a nil cost option award over ordinary shares in Anglo Pacific Group PLC. The award will ordinarily become exercisable three years from the date of grant and may ordinarily thereafter be exercised for a period expiring five years from the date of grant.
c)	Price(s) and volume(s)	Price(s) Volume(s) Nil 100,000
d)	Aggregated information -     Aggregated volume -     Price	Not applicable - single transaction
e)	Date of the transaction	12 April 2017
f)	Place of the transaction	Outside a trading venue

 

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