Director/PDMR Shareholding

RNS Number : 4744S

Pathfinder Minerals Plc

07 November 2013

 



For immediate release: 7 November 2013

Pathfinder Minerals Plc
("Pathfinder" or the "Company")

Director's Shareholding

Pathfinder was notified today by Nicholas Trew, the Company's Chief Executive Officer, that, through his private pension scheme, he has today purchased 450,000 ordinary shares of 1 penny each ("Ordinary Shares") in the Company at a price of 0.4 pence per Ordinary Share.

As a result of this purchase, Mr Trew's total beneficial interest in the shares of Pathfinder Minerals is now 94,375,753 Ordinary Shares, equivalent to 9.10 per cent. of the total issued share capital.

Enquiries:

Pathfinder Minerals Plc

Nick Trew, Chief Executive

Tel. [phone]

Daniel Stewart & Company Plc

David Hart or James Thomas

Tel: [phone]

Vigo Communications

Ben Simons or Peter Reilly

Tel. [phone]

Notes to Editors:

Pathfinder Minerals Plc is incorporated in England & Wales and is admitted to trading on the AIM market of the London Stock Exchange. 

Companhia Mineira de Naburi S.A.R.L. ("CMDN"), a subsidiary of Pathfinder Minerals, was issued mining concession licences 760C and 4623C on 13 September 2004 and 13 July 2011 respectively, each for a period of twenty-five years. Taken together, these mining concessions cover approximately 32,000 hectares of land on the Indian Ocean coast of the Zambezia province of Mozambique, known to contain the heavy minerals, ilmenite, rutile and zircon.

As announced on 3 February 2012, ownership of these licences is being disputed.

 

END

 

 

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