Director Share Dealings in Company

RNS Number : 1214W

Anglo Pacific Group PLC

20 December 2021

 

News Release

20 December 2021

Anglo Pacific Group PLC

Director Share Dealings in Company

Anglo Pacific Group PLC ("Anglo Pacific", the "Company") (LSE: APF, TSX: APY) announces that it received notification of the following transactions by Kings Chapel International Limited, a Person Closely Associated ("PCA") with Mr. Julian Treger, Chief Executive Officer of the Company, and Mr. Patrick Meier, Non-Executive Chairman of the Company.

From 13 December 2021 to 17 December 2021, Kings Chapel International Limited, sold 650,000 ordinary shares of 2 pence each in the Company ("Shares") at an average approximate price of 129.19p per share, as part of a rebalancing of its investment portfolio.  It remains Mr. Treger's intention to retain a significant portion of his beneficial holding of Shares.

Following this notification, the total beneficial holding of Shares by Mr. Treger and persons closely associated with him is 3,124,951 Shares, representing 1.77% of the issued ordinary share capital of the Company.

On 17 December 2021, Mr. Meier purchased 100,775 ordinary shares of 2 pence each in the Company at an average approximate price of 129.00p per share. Following this notification, the total beneficial holding of Shares by Mr. Meier is 437,006 Shares, representing 0.16% of the issued ordinary share capital of the Company.

The transactions took place on the London Stock Exchange.

Directors' Share Dealings - Further information

The notifications below, made in accordance with the requirements of the UK version of the Market Abuse Regulation (596/2014/EU)[1], provides further detail in respect of the transactions as described at the beginning of this announcement.

1.	Details of the person discharging managerial responsibilities / person closely associated
a.	Name	Kings Chapel International Limited
2.	Reason for the notification
a.	Position/status	Person closely associated with Mr. Julian Treger, Chief Executive Officer of Anglo Pacific Group PLC
b.	Initial notification/Amendment	Initial Notification
3.	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a.	Name	Anglo Pacific Group PLC
b.	Legal Entity Identifier code	213800LXSV317746JZ71
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 Identification code	2p Ordinary Shares GB0006449366
b.	Nature of the transaction	Sale of Shares
c.	Price(s) and volume(s)	Price(s) Volume(s) 131.54p 130.36p 130.03p 128.10p 128.67p 82,000 83,000 20,000 115,000 350,000
d.	Aggregated information · Aggregated volume · Price	650,000 129.19p
e.	Date of the transaction	13, 14, 15, 16 and 17 December 2021
f.	Place of the transaction	London Stock Exchange, Main Market (XLON)

1.	Details of the person discharging managerial responsibilities / person closely associated
a.	Name	Patrick Meier
2.	Reason for the notification
a.	Position/status	Non-Executive Chairman of Anglo Pacific Group PLC
b.	Initial notification/Amendment	Initial Notification
3.	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a.	Name	Anglo Pacific Group PLC
b.	Legal Entity Identifier code	213800LXSV317746JZ71
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 Identification code	2p Ordinary Shares GB0006449366
b.	Nature of the transaction	Purchase of Shares
c.	Price(s) and volume(s)	Price(s) Volume(s) 129p 100,775
d.	Aggregated information · Aggregated volume · Price	100,775 129p
e.	Date of the transaction	17 December 2021
f.	Place of the transaction	London Stock Exchange, Main Market (XLON)

For further information:

Anglo Pacific Group PLC	[phone]
Julian Treger - Chief Executive Officer Kevin Flynn - Chief Financial Officer
Website:	www.anglopacificgroup.com
Berenberg	[phone]
Matthew Armitt / Jennifer Lee / Varun Talwar / Detlir Elezi
Peel Hunt LLP	[phone]
Ross Allister / Alexander Allen / David McKeown
RBC Capital Markets	[phone]
Farid Dadashev / Marcus Jackson / Jamil Miah
Capital Market Communications Limited (Camarco)	[phone]
Gordon Poole / Owen Roberts / Charlotte Hollinshead

Notes to Editors

About the Company

Anglo Pacific Group PLC is a global natural resources royalty and streaming company. The Company's strategy is to become a leading natural resources company through investing in high quality projects in preferred jurisdictions with trusted counterparties, underpinned by strong ESG principles. It is a continuing policy of the Company to pay a substantial portion of these royalties and streams to shareholders as dividends.

 

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[1]This is part of UK law by virtue of the European Union Withdrawal Act 2018.

 

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