Director Dealing

RNS Number : 4268K

Bluejay Mining PLC

04 January 2021

 

Bluejay Mining plc / EPIC: JAY / Market: AIM / Sector: Mining

 4 January 2021

Bluejay Mining plc

('Bluejay' or the 'Company') 

Director Dealing

Bluejay Mining plc, the AIM and FSE listed, and OCTQB traded, exploration and development company with projects in Greenland and Finland , announces that it was notified that on the 31st December 2020, Mr Roderick McIllree, Chief Executive Officer of the Company, sold 20,000,000 ordinary shares of 0.01 pence each in the share capital of the Company ("Ordinary Shares").  The shares were sold at 14.5 pence per share, a 2.225 pence premium to the closing day's price of 12.275, to a single entity via an off-market transaction.

Following this sale, Mr. McIllree's shareholding in the Company will be 74,677,778 Ordinary Shares, representing 7.69% of the Company's issued share capital. Mr McIllree has advised he does not expect to make any further sales of his holding.

The purchasing entity has also expressed an interest in acquiring further shares "on market" during 2021.

Further details on the sale are included in the notification below.

For further information please visit  http://www.bluejaymining.com  or contact:

Roderick McIllree	Bluejay Mining plc	[phone]
Kevin Sheil	Bluejay Mining plc	[phone]
Ewan Leggat	SP Angel Corporate Finance LLP (Nominated Adviser)	[phone]
Adam Cowl	SP Angel Corporate Finance LLP (Nominated Adviser)	[phone]
Andrew Chubb	Hannam & Partners (Advisory) LLP	[phone]
Tim Blythe	Blytheweigh	[phone]
Megan Ray	Blytheweigh	[phone]

1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	Roderick McIllree
2	Reason for the notification
a)	Position/status	Director, 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	Bluejay Mining plc
b)	LEI	213800E9AEFEHFLOVJ19
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	GB00BGKPX309
b)	Nature of the transaction	Sale of Ordinary Shares
c)	Price(s) and volume(s)
			Price(s)	Volume(s)
			14.5p	2 0,000,000
d)	Aggregated information
	- Aggregated volume	2 0,000,000
	- Price	14.5p
e)	Date of the transaction	31 December 2020
f)	Place of the transaction	Outside a trading venue

 

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