Director Transfer of Shares

RNS Number : 9873W

Kefi Gold and Copper PLC

24 August 2020

 

24 August 2020

KEFI Gold and Copper plc

("KEFI" or the "Company")

Director Transfer of Shares

KEFI (AIM: KEFI), the gold exploration and development company with projects in the Kingdom of Saudi Arabia and the Democratic Republic of Ethiopia, was notified on 24 August 2020 by its Executive Chairman, Mr. Harry Anagnostaras-Adams that he has transferred 1,580,000 ordinary shares of 0.1 pence each ("Ordinary Shares") in the Company from Semarang Enterprises Ltd (a company of which Mr Anagnostaras-Adams is the sole director and sole shareholder) to the Adams Superannuation Fund for the benefit of his beneficiary account. The shares were transferred at a price of 2.055p per share. Following the transfer, Semarang Enterprises Ltd holds 20,564,397 Ordinary Shares and the Adams Superannuation Fund holds 5,416,913 Ordinary Shares.

Accordingly, Mr Anagnostaras-Adams and his wife's beneficial holding in the Company remains unchanged at 25,981,310 Ordinary Shares, representing 1.39% of the issued share capital of the Company.

Enquiries

KEFI Gold and Copper plc
Harry Anagnostaras-Adams (Managing Director)	[phone]
John Leach (Finance Director)	[phone]
SP Angel Corporate Finance LLP (Nominated Adviser and Joint Broker)	[phone]
Jeff Keating, Soltan Tagiev
Brandon Hill Capital Ltd (Joint Broker)	[phone]
Oliver Stansfield, Jonathan Evans
IFC Advisory Ltd (Financial PR and IR)
Tim Metcalfe, Florence Chandler	[phone]

NOTIFICATION AND PUBLIC DISCLOSURE OF TRANSACTIONS BY PERSONS DISCHARGING MANAGERIAL RESPONSIBILITIES AND PERSONS CLOSELY ASSOCIATED WITH THEM

1.	Details of the person discharging managerial responsibilities/person closely associated
(a)	Full name of person Dealing	1. Harry Anagnostaras-Adams
2.	Reason for notification
(a)	Position/status	1. 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 of entity	KEFI Minerals Plc
(b)	LEI	213800OO6ETVDGE3QY15
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	Ordinary shares of 0.1 pence
(b)	Identification code	GB00BD8GP619
(c)	Nature of the transaction	Purchase and Sale of Shares
(d)	Price(s) and volume(s)	1.  Sale of 1,580,000 Ordinary shares 2.  Purchase of 1,580,000 Ordinary Shares
(e)	Aggregated information: - Aggregated volume - Price	Two transaction as in 4(d) above Share Prices(s) Share Volume(s) 1. 2.055 pence  1,580,000 2. 2.055 pence  1,580,000
(f)	Date of transaction	24 August 2020
(g)	Place of transaction	London Stock Exchange, AIM

 

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