Director Dealing

RNS Number : 2920S

Shanta Gold Limited

20 December 2016

 

20 December 2016

Shanta Gold Limited

("Shanta Gold", "Shanta" or the "Company")

Director Dealing

Shanta Gold (AIM: SHG), the East Africa-focused gold producer, developer and explorer, was informed on 19 December 2016 that Robin Fryer, Non-Executive Director of Shanta Gold, has sold on the same date, 30,000 ordinary shares in the Company at a price of 9 pence per share.

Following this purchase, Robin Fryer holds 690,000 ordinary shares in the Company which represents 0.12% of the Company's issued share capital.

Enquiries:

Shanta Gold Limited
Toby Bradbury (CEO) Mark Rosslee (CFO)	[phone]
Nominated Adviser and Broker
Peel Hunt LLP
Matthew Armitt / Ross Allister / Chris Burrows	[phone]
Financial Public Relations
Tavistock
Emily Fenton / Jos Simson	[phone]

 
About Shanta Gold 
Shanta Gold is an East Africa-focused gold producer, developer and explorer. It currently has defined ore resources on the New Luika and Singida projects in Tanzania and holds exploration licences over a number of additional properties in the country. Shanta's flagship New Luika Gold Mine commenced production in 2012 and produced 81,873 ounces in 2015. The Company is admitted to trading on London's AIM and has approximately 583 million shares in issue. 

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

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		Robin Fryer
2.	Reason for the notification
a.	Position/status		Non-Executive Director
b.	Initial notification /Amendment		Initial Notification
3.	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a.	Name		Shanta Gold Limited
b.	LEI		N/A
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 0.01 pence each GB00BOC6R828
b.	Nature of the transaction		Sale of ordinary shares
c.	Price(s) and volume(s)		Price(s) Volume(s) 9p 30,000
d.	Aggregated information		N/A (Single transaction)
	•	Aggregated volume
	•	Price
e.	Date of the transaction		2016/12/19
f.	Place of the transaction		London Stock Exchange

 

END

 

 

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