6 December 2016
UPLAND RESOURCES LIMITED
("Upland" or the "Company")
Director/PDMR Shareholdings
Following completion of the Placing of an aggregate of 169,230,770 new shares of no par value in the Company at 1.3p per share announced by the Company on 1 December 2016, in accordance with the requirements of the EU Market Abuse Regulation (No. 596/2014) the following notifications have been made by each of the Directors of the Company of their subscriptions for new shares of no par value in the Company in the Placing:-
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
|
Mohamad Norza Bin Zakaria |
|||
2
|
Reason for the notification
|
||||
a)
|
Position/status
|
Non-Executive Chairman |
|||
b)
|
Initial notification /Amendment
|
Initial Notification |
|||
3
|
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
|
||||
a)
|
Name
|
Upland Resources Limited |
|||
b)
|
LEI
|
VGG7552A1075 |
|||
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 |
Shares of no par value |
|||
|
|
||||
Identification code |
VGG7552A1075 |
||||
|
|
||||
b)
|
Nature of the transaction
|
Subscription for new shares as part of a Placing |
|||
c)
|
Price(s) and volume(s) |
|
|
|
|
|
|
Price(s) |
Volume(s) |
|
|
|
|
£0.013 |
56,692,302 |
|
|
|
|
|
|
|
|
d)
|
Aggregated information |
|
|||
|
|
||||
- Aggregated volume |
56,692,302 |
||||
|
|
||||
- Price |
£0.013 |
||||
|
|
||||
e)
|
Date of the transaction
|
2016-12-01 |
|||
f)
|
Place of the transaction
|
XLON |
1
|
Details of the person discharging managerial responsibilities / person closely associated
|
||||
a)
|
Name
|
George Henry Stephen Staley |
|||
2
|
Reason for the notification
|
||||
a)
|
Position/status
|
Chief Executive Officer |
|||
b)
|
Initial notification /Amendment
|
Initial Notification |
|||
3
|
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
|
||||
a)
|
Name
|
Upland Resources Limited |
|||
b)
|
LEI
|
VGG7552A1075 |
|||
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 |
Shares of no par value |
|||
|
|
||||
Identification code |
VGG7552A1075 |
||||
|
|
||||
b)
|
Nature of the transaction
|
Subscription for new shares as part of a Placing |
|||
c)
|
Price(s) and volume(s) |
|
|
|
|
|
|
Price(s) |
Volume(s) |
|
|
|
|
£0.013 |
3,461,538 |
|
|
|
|
|
|
|
|
d)
|
Aggregated information |
|
|||
|
|
||||
- Aggregated volume |
3,461,538 |
||||
|
|
||||
- Price |
£0.013 |
||||
|
|
||||
e)
|
Date of the transaction
|
2016-12-01 |
|||
f)
|
Place of the transaction
|
XLON |
1
|
Details of the person discharging managerial responsibilities / person closely associated
|
||||
a)
|
Name
|
Jeremy Edward Stuart King |
|||
2
|
Reason for the notification
|
||||
a)
|
Position/status
|
Director |
|||
b)
|
Initial notification /Amendment
|
Initial Notification |
|||
3
|
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
|
||||
a)
|
Name
|
Upland Resources Limited |
|||
b)
|
LEI
|
VGG7552A1075 |
|||
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 |
Shares of no par value |
|||
|
|
||||
Identification code |
VGG7552A1075 |
||||
|
|
||||
b)
|
Nature of the transaction
|
Subscription for new shares as part of a Placing |
|||
c)
|
Price(s) and volume(s) |
|
|
|
|
|
|
Price(s) |
Volume(s) |
|
|
|
|
£0.013 |
769,230 |
|
|
|
|
|
|
|
|
d)
|
Aggregated information |
|
|||
|
|
||||
- Aggregated volume |
769,230 |
||||
|
|
||||
- Price |
£0.013 |
||||
|
|
||||
e)
|
Date of the transaction
|
2016-12-01 |
|||
f)
|
Place of the transaction
|
XLON |
1
|
Details of the person discharging managerial responsibilities / person closely associated
|
||||
a)
|
Name
|
Bolhassan Bin Haji Di |
|||
2
|
Reason for the notification
|
||||
a)
|
Position/status
|
Director |
|||
b)
|
Initial notification /Amendment
|
Initial Notification |
|||
3
|
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
|
||||
a)
|
Name
|
Upland Resources Limited |
|||
b)
|
LEI
|
VGG7552A1075 |
|||
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 |
Shares of no par value |
|||
|
|
||||
Identification code |
VGG7552A1075 |
||||
|
|
||||
b)
|
Nature of the transaction
|
Subscription for new shares as part of a Placing |
|||
c)
|
Price(s) and volume(s) |
|
|
|
|
|
|
Price(s) |
Volume(s) |
|
|
|
|
£0.013 |
3,846,160 |
|
|
|
|
|
|
|
|
d)
|
Aggregated information |
|
|||
|
|
||||
- Aggregated volume |
3,846,160 |
||||
|
|
||||
- Price |
£0.013 |
||||
|
|
||||
e)
|
Date of the transaction
|
2016-12-01 |
|||
f)
|
Place of the transaction
|
XLON |
**Ends**
Contact details:-
Upland Resources Limited |
|
Steve Staley, CEO |
Tel: 07891 677 441 s.staley@uplandres.com |
Optiva Securities Limited |
|
Jeremy King (Corporate Finance) |
Tel: 020 3137 1904 jeremy.king@optivasecurities.com |
Christian Dennis (Corporate Broker) |
Tel: 020 3411 1882 christian.dennis@optivasecurities.com |
FlowComms Ltd |
|
Sasha Sethi (Investor Relations) |
Tel: 07891 677 441 sasha@flowcomms.com |