Director/PDMR Shareholding

RNS Number : 4172S

Sunrise Resources Plc

16 March 2021

 

16 March 2021

SUNRISE RESOURCES PLC

("Sunrise" or "the Company")

Director Dealings

The Company wishes to advise that, further to its announcement dated 18 November 2020, Mr. David Swan, a non-executive director of the Company, has, on 12 March 2021 effected a transfer of 22,400,000 ordinary shares in the Company in which he has the beneficial interest from a CREST nominee account into his Self-Invested Personal Pension. The shares were sold and immediately repurchased at the same price of 0.21 pence per share.

This transfer of shares was made with appropriate approval from, and in accordance with the Company's Share Dealing Code and there has been no change to the number of shares in which Mr. Swan has an interest as a result of this transaction. 

Mr. Swan currently has an interest totalling 31,199,213 ordinary shares in the Company representing 0.84% of the total number of ordinary shares in issue which remains unchanged.

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

Further information:

Sunrise Resources plc Patrick Cheetham, Executive Chairman	Tel: [phone]
Beaumont Cornish Limited Nominated Adviser James Biddle/Roland Cornish	Tel: [phone]
Peterhouse Capital Limited Broker Lucy Williams/Duncan Vasey	Tel: [phone]

Market Abuse Regulation

The information set out below is provided for the purposes of Article 19(3) of Regulation (EU) No.596/2014 of the European Parliament and of the Council.

1	Details  of  the  person  discharging  managerial  responsibilities I person closely associated
a)	Name	David Swan
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	Sunrise Resources plc
b)	LEI	213800MGDOE974QHPZ44
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	GB00B075Z681
b)	Nature of the transaction	Transfer of 22,400,000 ordinary shares from a CREST share dealing account into a Self-Invested Personal Pension.
c)	Price(s) and volume(s)	Price(s)	Volume(s)
		Sale £0.0021 Purchase £0.0021	22,400,000 22,400,000
d)	Aggregated information - Aggregated volume  - Price	Single transaction as 4(a) above N/A
e)	Date of the transaction	12/03/2021
f)	Place of the transaction	London Stock Exchange

Shares in the Company trade on AIM. EPIC: "SRES". Website: www.sunriseresourcesplc.com

 

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