Directors' Dealings

RNS Number : 5860P

Paternoster Resources PLC

29 May 2018

 

29 May 2018

Paternoster Resources plc

("Paternoster" or the "Company")

Directors' Dealings

Paternoster Resources Plc announces that it has been informed of dealings on 25 May 2018 by Nicholas Lee, Chairman, in the Ordinary Shares of 0.1 pence ("Shares") in the Company.

Mr Lee has purchased 10,000,000 Shares at a price of 0.111 pence per Share.

The table below sets out the total shareholding and interests of Mr Lee in the share capital of the Company:

Directors	Ordinary Shares		Total Shares	% of Issued Share Capital
	Direct	Indirect*
Nicholas Lee	4,250,000	21,764,706	26,014,706	1.45

* shares held in SIPP

This announcement contains inside information for the purposes of Article 7 of EU Regulation 596/2014.

For more information, please contact:

Paternoster Resources plc:                                                        [phone]

Nicholas Lee, Chairman                                                                       

Nominated Adviser:                                                                  [phone]

Beaumont Cornish

Roland Cornish/Rosalind Hill Abrahams/Felicity Geidt

Joint Broker:                                                                             [phone]

Shard Capital Partners LLP

Damon Heath

Erik Woolgar

Joint Broker:                                                                            

Peterhouse Capital Limited                                                       [phone]

Lucy Williams

The following disclosure is made in accordance with Article 19 of the EU Market Abuse Regulation 596/2014.

1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	Nicholas Lee
2	Reason for the notification
a)	Position/status	Chairman
b)	Initial notification /Amendment	Initial Notification
3	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)	Name	Paternoster Resources Plc
b)	LEI	2138005S1G2RM953YX87
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 0.1p each
	Identification code	ISIN: GB0001636918
b)	Nature of the transaction	Purchase of Shares
c)	Price(s) and volume(s)		Price(s) Volume(s) 0.111p 10,000,000
d)	Aggregated information
	- Aggregated volume	n/a
	- Price	n/a
e)	Date of the transaction	25 May 2017
f)	Place of the transaction	London Stock Exchange - AIM

 

END

 

 

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