Director dealings

Galileo Resources PLC

28 October 2024

 

28 October 2024

Galileo Resources Plc

("Galileo" or the "Company")

Director dealings

Galileo, the exploration and development mining company, announces that it was informed on 25 October 2024 and 28 October 2024, that Colin Bird, Executive Chairman of Galileo and Richard Wollenberg, Non-Executive Director acquired 2,250,000 Ordinary Shares of 0.1p in the Company ("Ordinary Shares") at an average price of 1.1652p per share and 400,000 Ordinary Shares of 0.1p at an average price of 1.11p respectively. Following this transaction, Colin Bird is interested in 81,705,862 Ordinary Shares representing 7.02% of the issued share capital and Richard Wollenberg is interested in 14,225,511 Ordinary Shares representing 1.22% of the issued share capital.

Following the acquisition of the shares, Colin Bird's and Richard Wollenberg's interest in Galileo is as follows:

	Director	Purchase price of Shares			Shares purchased		Total Shareholding following the purchase of Shares		% Shareholding in the issued share capital
Colin Bird			1.1652p	2,250,000		81,705,862		7.02%
Richard Wollenberg			1.11p	400,000		14,225,511		1.22%

A copy of this announcement is available on the Company's website www.galileoresources.com.

You can also follow Galileo on Twitter: @GalileoResource.

You can also follow Galileo on Twitter: @GalileoResource

For further information, please contact: Galileo Resources PLC

Colin Bird, Chairman Edward Slowey, Executive Director	Tel [phone] Tel [phone]
Beaumont Cornish Limited - Nomad Roland Cornish/James Biddle	Tel [phone]
Novum Securities Limited - Joint Broker Colin Rowbury /Jon Belliss	[phone]
Shard Capital Partners LLP - Joint Broker Damon Heath	Tel [phone]

The following information relating to the transaction has been filed with the FCA in accordance with Article 19(1) of the Market Abuse Regulation,

1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	Colin Bird
2	Reason for notification
a)	Position / status	Chairman
b)	Initial notification /Amendment	Initial
3	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)	Name	Galileo Resources plc
b)	LEI	213800KSRIVLX7BJSP45
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 0.1 pence each in Galileo Resources plc Issue of Ordinary Shares ISIN GB00B115T142
	Nature of the transaction	Issue of Ordinary Shares
c)	Price(s) and volumes(s)	Price(s) Volumes(s) 1.1652 pence 2,250,000
d)	Aggregated information	n/a
e)	Date of the transaction	24 October 2024
f)	Place of the transaction	On market

1 Details of the person discharging managerial responsibilities / person closely associated a) Name Richard Wollenberg 2 Reason for notification a) Position / status Non-Executive Director b) Initial notification /Amendment Initial 3 Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor a) Name Galileo Resources plc b) LEI 213800KSRIVLX7BJSP45 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 0.1 pence each in Galileo Resources plc Issue of Ordinary Shares ISIN GB00B115T142 Nature of the transaction Issue of Ordinary Shares c) Price(s) and volumes(s) Price(s) Volumes(s) 1.11 pence 400,000 d) Aggregated information n/a e) Date of the transaction 24 & 28 October 2024 f) Place of the transaction On market

Beaumont Cornish Limited ("Beaumont Cornish") is the Company's Nominated Adviser and is authorised and regulated by the FCA. Beaumont Cornish's responsibilities as the Company's Nominated Adviser, including a responsibility to advise and guide the Company on its responsibilities under the AIM Rules for Companies and AIM Rules for Nominated Advisers, are owed solely to the London Stock Exchange. Beaumont Cornish is not acting for and will not be responsible to any other persons for providing protections afforded to customers of Beaumont Cornish nor for advising them in relation to the proposed arrangements described in this announcement or any matter referred to in it.

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