Director Dealing

RNS Number : 7643G

KEFI Minerals plc

19 March 2020

 

19 March 2020

KEFI Minerals plc ("KEFI" or the "Company")

Director Dealing

KEFI Minerals (AIM: KEFI), the gold exploration and development company with projects in the Kingdom of Saudi Arabia and the Democratic Republic of Ethiopia, was notified on 18  March 2020 by the Company's non-executive director, Norman Ling, that he sold on market 2,000,000 ordinary shares of 0.1 pence each ("Ordinary Shares") at a price of 0.52 pence per share and that he had purchased on market 2,000,000 Ordinary Shares at a price of 0.52 pence per share, both transactions occurring on 18 March 2020.

Following the purchase and sale Mr. Ling continues to beneficially hold 2,295,486 Ordinary Shares, representing approximately 0.18% of the issued share capital of the Company.

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)	Full name of person Dealing	1. Norman Arthur Ling
2.	Reason for notification
(a)	Position/status	1. Non- Executive Director
(b)	Initial notification/ Amendment	Initial notification
3.	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
(a)	Name of entity	KEFI Minerals Plc
(b)	LEI	213800OO6ETVDGE3QY15
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 0.1 pence
(b)	Identification code	GB00BD8GP619
(c)	Nature of the transaction	Purchase and Sale of Shares
(d)	Price(s) and volume(s)	1.  Sale of 2,000,000 Ordinary shares 2.  Purchase of 2,000,000 Ordinary Shares
(e)	Aggregated information: - Aggregated volume - Price	Two transaction as in 4(d) above Share Prices(s) Share Volume(s) 1. 0.52 pence   2,000,000 2. 0.52 pence   2,000,000
(f)	Date of transaction	18 March 2020
(g)	Place of transaction	London Stock Exchange, AIM

Enquiries

KEFI Minerals plc
Harry Anagnostaras-Adams (Executive Chairman)	[phone]
John Leach (Finance Director)	[phone]
SP Angel Corporate Finance LLP (Nominated Adviser and Joint Broker)	[phone]
Jeff Keating, Soltan Tagiev
Brandon Hill Capital Ltd (Joint Broker)	[phone]
Oliver Stansfield, Jonathan Evans
IFC Advisory Ltd (Financial PR and IR)	[phone]
Tim Metcalfe, Florence Chandler

Further information can be viewed at  www.kefi-minerals.com

 

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