Exercise of Options

RNS Number : 3889J

Ariana Resources PLC

23 August 2021

 

23 August 2021

AIM: AAU

Exercise of Options under Employee Share Option Plan

Director/PDMR Shareholdings

Total Voting Rights

Ariana Resources plc ("Ariana" or "the Company"), the AIM-listed mineral exploration and development company with joint-venture gold mining operations in Europe , announces that it received exercise notices under the Ariana Resources PLC 2018 Employee Share Option Plan (the "Notices") as follows:

Name of option holder  Number of Shares

Christopher Sangster, Director  2,000,000 

Michael de Villiers, Chairman  3,000,000

William Payne, Director  2,000,000

Accordingly, the Company will issue 7,000,000 new ordinary shares in the Company at a price of 1.55p per share to satisfy the total of 7,000,000 options set out in the Notices ("Option Shares").

Application will be made for the Option Shares, which will rank pari passu with all existing ordinary shares, to be admitted to trading on AIM ("Admission").  Admission is expected on or around 27 August 2021.

Directors' Dealings

The Company were also informed of the following:

Michael de Villiers, Chairman on 20 August 2021

-  sold a total of 3,800,000 ordinary shares at an average price of 4.68 pence;

-  purchased 900,000 ordinary shares in his SIPP at an average price of 4.85 pence.

Mrs de Villiers, wife of Michael de Villiers on 20 August 2021

-  purchased 900,000 ordinary shares in her SIPP at an average price of 4.81 pence.

Kerim Sener, Managing Director on 20 August 2021

-  purchased 160,000 ordinary shares in his SIPP at 4.78 pence.

Following Admission, and the Directors' Dealings as described above, the Directors shareholdings will be as follows:

Name of Director  Number of Shares  % of issued share capital

Christopher Sangster  5,927,287  0.54

Michael John de Villiers  59,400,000  5.44

William Payne  11,359,314  1.74

Kerim Sener  20,817,526  1.91

Total Voting Rights

Following Admission, the number of shares in issue will be ordinary shares of 0.1p each and therefore, the total number of voting rights in the Company will be 1,091,677,943.

The above statement of voting capital may be used by shareholders as the denominator for the calculations by which they will determine if they are required to notify their interest, or a change to their interest, in the Company under the FCA's Disclosure Guidance and Transparency Rules.

Contacts:

Ariana Resources plc	Tel: [phone]
Michael de Villiers, Chairman
Kerim Sener, Managing Director
Beaumont Cornish Limited	Tel: [phone]
Roland Cornish / Felicity Geidt
Panmure Gordon (UK) Limited	Tel: [phone]
James Stearns /Atholl Tweedie
Yellow Jersey PR Limited	Tel: [phone]
Dom Barretto/Joe Burgess / Henry Wilkinson	[e-mail]

The following information relating to the transaction has been filed with the FCA in accordance with Article 19(1) of the Market Abuse Regulation.

Christopher Sangster

1	Details of the  person  discharging  managerial  responsibilities  /  person  closely associated
a)	Name	Christopher Sangster
2	Reason for notification
a)	Position / status	Director
b)	I nitial notification /Amendment	Initial
3	Detailsoftheissuer, emissionallowancemarketparticipant,auctionplatform, auctioneerorauctionmonitor
a)	Name	Ariana Resources plc
b)	LEI	213800LVVY7GZY21LH22
4	Detailsofthetransaction(s): sectiontoberepeatedfor(i)eachtypeofinstrument; (ii)eachtypeoftransaction;(iii)eachdate;and(iv)eachplace wheretransactions havebeenconducted
a)	Description  of  the financial instrument, type ofinstrument I d e ntification code	Ordinary shares of 0.1 pence each in Ariana Resources plc ISIN GB00B085SD50
	Nature of the transaction	-  Exercise of Options under Employee Share Option Scheme
c)	Price(s) and volumes(s)	Price(s) Volumes(s) 1.55 pence 2,000,000
d)	Aggregated information	n/a
e)	Date of the transaction	20 August 2021
f)	Place of the transaction	LSX

Michael de Villiers

1	Details of the  person  discharging  managerial  responsibilities  /  person  closely associated
a)	Name	Michael de Villiers
2	Reason for notification
a)	Position / status	Director
b)	I nitial notification /Amendment	Initial
3	Detailsoftheissuer, emissionallowancemarketparticipant,auctionplatform, auctioneerorauctionmonitor
a)	Name	Ariana Resources plc
b)	LEI	213800LVVY7GZY21LH22
4	Detailsofthetransaction(s): sectiontoberepeatedfor(i)eachtypeofinstrument; (ii)eachtypeoftransaction;(iii)eachdate;and(iv)eachplace wheretransactions havebeenconducted
a)	Description  of  the financial instrument, type ofinstrument I d e ntification code	Ordinary shares of 0.1 pence each in Ariana Resources plc ISIN GB00B085SD50
	Nature of the transaction	-  Exercise of Options under Employee Share Option Scheme -  Sale of shares -  Purchase of share by Mrs de Villiers in SIPP -  Purchase of shares in SIPP
c)	Price(s) and volumes(s)	Price(s) Volumes(s) 1.55 pence 3,000,000 4.68 pence 3,800,000 4.81 pence 900,000 4.85 pence 900,000
d)	Aggregated information	n/a
e)	Date of the transaction	20 August 2021
f)	Place of the transaction	LSX

William Payne

1	Details of the  person  discharging  managerial  responsibilities  /  person  closely associated
a)	Name	William Payne
2	Reason for notification
a)	Position / status	Director
b)	I nitial notification /Amendment	Initial
3	Detailsoftheissuer, emissionallowancemarketparticipant,auctionplatform, auctioneerorauctionmonitor
a)	Name	Ariana Resources plc
b)	LEI	213800LVVY7GZY21LH22
4	Detailsofthetransaction(s): sectiontoberepeatedfor(i)eachtypeofinstrument; (ii)eachtypeoftransaction;(iii)eachdate;and(iv)eachplace wheretransactions havebeenconducted
a)	Description  of  the financial instrument, type ofinstrument I d e ntification code	Ordinary shares of 0.1 pence each in Ariana Resources plc ISIN GB00B085SD50
	Nature of the transaction	-  Exercise of Options under Employee Share Option Scheme
c)	Price(s) and volumes(s)	Price(s) Volumes(s) 1.55 pence 2,000,000
d)	Aggregated information	n/a
e)	Date of the transaction	20 August 2021
f)	Place of the transaction	LSX

Kerim Sener

1	Details of the  person  discharging  managerial  responsibilities  /  person  closely associated
a)	Name	Kerim Sener
2	Reason for notification
a)	Position / status	Director
b)	I nitial notification /Amendment	Initial
3	Detailsoftheissuer, emissionallowancemarketparticipant,auctionplatform, auctioneerorauctionmonitor
a)	Name	Ariana Resources plc
b)	LEI	213800LVVY7GZY21LH22
4	Detailsofthetransaction(s): sectiontoberepeatedfor(i)eachtypeofinstrument; (ii)eachtypeoftransaction;(iii)eachdate;and(iv)eachplace wheretransactions havebeenconducted
a)	Description  of  the financial instrument, type ofinstrument I d e ntification code	Ordinary shares of 0.1 pence each in Ariana Resources plc ISIN GB00B085SD50
	Nature of the transaction	-  Purchase of shares in SIPP
c)	Price(s) and volumes(s)	Price(s) Volumes(s) 4.78 pence 160,000
d)	Aggregated information	n/a
e)	Date of the transaction	20 August 2021
f)	Place of the transaction	LSX

 

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