Director/PDMR Shareholding

RNS Number : 0456F

Thor Mining PLC

15 February 2018

 

Thursday, 15 February 2018

THOR MINING PLC

 ("Thor" or the "Company")

Director/PDMR Shareholding

The Company was informed today, 15 February 2018, by Paul Johnson that Value Generation Limited, in which Paul Johnson and his wife, Michelle Johnson each have a 50% interest, has today acquired 250,000 ordinary shares of 0.01 pence each in the capital of the Company ("Ordinary Shares") at a price of 3.25 pence each.

Following the above mentioned acquisition, Paul Johnson and his closely associated persons are beneficially interested in 32,500,000 Ordinary Shares, representing 5.03 per cent of the issued share capital of the Company.

The notification below, made in accordance with the requirements of the EU Market Abuse Regulation, provides further detail.

  Enquiries:

Mick Billing	[phone]	Thor Mining PLC	Executive Chairman
Ray Ridge	[phone]	Thor Mining PLC	CFO/Company Secretary
Colin Aaronson/ Richard Tonthat	[phone]	Grant Thornton UK LLP	Nominated Adviser
Nick Emerson	[phone]	SI Capital Ltd	Broker
Tim Blythe/ Camilla Horsfall	[phone]	Blytheweigh	Financial PR

Updates on the Company's activities are regularly posted on Thor's website www.thormining.com, which includes a facility to register to receive these updates by email, and on the Company's twitter page @ThorMining.

Notification of Transactions of Persons Discharging Managerial Responsibility and Persons Closely Associated with them

1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	Paul Johnson Details of legal persons: Value Generation Limited, a company 50% owned by Mr P Johnson and 50% owned by Mrs M Johnson (spouse).
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	Thor Mining Plc
b)	LEI	213800WO61Y9GPALD478
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 0.01 pence each
	Identification code	GB00BD0NBV71
b)	Nature of the transaction	Purchase of shares
c)	Price(s) and volume(s)
			Price(s)	Volume(s)
			3.25 pence	250,000
d)	Aggregated information
	- Aggregated volume	Aggregate volume: 250,000 Aggregate price: 3.25 pence Aggregate total: £8,125.00
	- Price
e)	Date of the transaction	15 February 2017
f)	Place of the transaction	London Stock Exchange's AIM Market

 

END

 

 

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