Director Share Purchase

RNS Number : 8259B

Jangada Mines PLC

04 February 2020

 

Jangada Mines plc / EPIC: JAN.L / Market: AIM / Sector: Mining

4 February 2020

 Jangada Mines plc ('Jangada' or the 'Company')

Director Share Purchase

Jangada Mines plc ("Jangada" or "the Company"), a natural resources company, is pleased to announce that it was notified on 3 February 2020 that Executive Chairman Brian McMaster and Non-Executive Director Luis Azevedo have each purchased 1.4 million ordinary shares in the share capital of the Company ("Ordinary Shares") at a price of 1.8p in an off-market transaction. 

Following this purchase, Mr McMaster's total beneficial ownership in the Company is 55,244,467, which represents 23.3% of the Company's issued share capital.  Mr Azevedo's total beneficial ownership in the Company is 54,066,667, which represents 22.8% of the Company's issued share capital. 

This announcement contains inside information for the purposes of Article 7 of EU Regulation 596/2014. Upon the publication of this announcement, this inside information is now considered to be in the public domain.

ENDS

For further information please visit www.jangadamines.com or contact:

Jangada Mines plc	Brian McMaster (Chairman)	Tel: [phone]
Strand Hanson Limited (Nominated & Financial Adviser)	James Spinney Ritchie Balmer Jack Botros	Tel: [phone]
Brandon Hill Capital (Broker)	Jonathan Evans Oliver Stansfield	Tel: [phone]
St Brides Partners Ltd (Financial PR)	Charlotte Page	Tel: [phone]

 

END

 

 

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