Director Dealing

RNS Number : 9167J

Oriole Resources PLC

26 August 2021

 

Oriole Resources PLC 

('Oriole Resources' or 'the Company' or 'the Group')

Director Dealing

Oriole Resources PLC (AIM: ORR) , the AIM-quoted exploration company focussed on West Africa, announces that Tim Livesey, the Company's Chief Executive Officer, has today acquired 1,237,905 Ordinary Shares the Company ('Ordinary Shares') at a price of 0.52 pence per share, the shares purchased represent 0.08% of the issued share capital of the Company.

Following this purchase of shares, Tim Livesey has a beneficial interest over 10,382,662 Ordinary Shares, representing 0.66% of the Company's total voting rights.

The Company's Ordinary Shares referred to above are Oriole Resources plc Ordinary Shares of 0.1 pence each and the total number of shares in issue is 1,577,550,456.

Name	Number of Ordinary Shares held prior to transaction	Number of Ordinary Shares Purchased	Resultant shareholding in the Company following the transaction	Percentage of the issued share capital of the Company following the transaction
Tim Livesey	9,144,757	1,237,905	10,382,662	0.66

Further details on the purchase are included in the notifications below, made in accordance with the requirements of the EU Market Abuse Regulation which is part of English law by virtue of the European Union (Withdrawal) Act 2018.

** ENDS **

ANNEX - PDMR notifications

Template for 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)	Name	Timothy James Livesey
2	Reason for the notification
a)	Position/status	Chief Executive Officer
b)	Initial notification /Amendment	Initial notification
3	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)	Name	Oriole Resources PLC
b)	LEI	213800X32GJR5AGAR511
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 each in the capital of the Company
	Identification code	Ordinary Share ISIN: GB00B0T29327
b)	Nature of the transaction	Purchase of ordinary shares.
c)	Price(s) and volume(s)
			Price(s)	Volume(s)
			0.52p	1,237,905
d)	Aggregated information
	- Aggregated volume	1,237,905 Ordinary Shares of 0.1 pence each
	- Price	0.52 pence per Ordinary Share
e)	Date of the transaction	26th August 2021
f)	Place of the transaction	London Stock Exchange, AIM Market (XLON)

For further information please visit   www.orioleresources.com ,   @OrioleResources  on Twitter, or contact:

Oriole Resources PLC Bob Smeeton / Tim Livesey / Claire Bay	Tel: [phone]
Blytheweigh (IR/PR contact) Tim Blythe / Megan Ray / Rachael Brooks	Tel: [phone]
Grant Thornton UK LLP Samantha Harrison / George Grainger	Tel: [phone]
Shard Capital Partners LLP Damon Heath / Erik Woolgar / Isabella Pierre	Tel: [phone]

Notes to Editors:

Oriole Resources PLC is an AIM-listed exploration company, operating West Africa. It is focused on early-stage exploration in Cameroon (Bibemi, Wapouzé and Central Cameroon projects) and the more advanced Senala gold project in Senegal, where IAMGOLD has the option to spend US$8 million to earn a 70% interest. The Company has several interests and royalties in companies operating throughout Africa and Turkey that could deliver future cash flow, and it continues to assess new opportunities in both regions.

 

END

 

 

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