Director Dealings

RNS Number : 8980Z

Oriole Resources PLC

22 May 2019

 

Oriole Resources Plc

('Oriole' or 'the Company')

Director's Dealings

Oriole Resources PLC, the AIM-quoted exploration company focussed on West Africa, has today received notification that Tim Livesey, the Company's Chief Executive Officer and Bob Smeeton, its Chief Financial Officer, acquired ordinary shares of 0.1p each in the issued share capital of the Company ('Ordinary Shares') as set out below:

Name	Number of Ordinary Shares Purchased	Weighted average price per Ordinary Share (p)	Resultant shareholding in the Company	Percentage of the issued share capital of the Company
Tim Livesey	1,568,569	0.318	6,315,369	0.9%
Bob Smeeton	1,572,327	0.318	3,572,327	0.5%

The notifications shown below, made pursuant to Article 19(3) of the Market Abuse Regulation, provide further details. 

** ENDS **

The information contained within this announcement is deemed by the Company to constitute inside information as stipulated under the Market Abuse Regulations (EU) No. 596/2014. Following the publication of this announcement, this inside information is now considered to be in the public domain.

For further information please visit www.orioleresources.com,  @OrioleResources on Twitter, 

or contact:

Oriole Resources Plc	Tel: [phone]
Tim Livesey / Bob Smeeton / Claire Bay
Blytheweigh (IR/PR Contact)	Tel: [phone]
Tim Blythe / Megan Ray / Rachel Brooks
Grant Thornton UK LLP	Tel: [phone]
Samantha Harrison / Ben Roberts / Niall McDonald
Hannam & Partners	Tel: [phone]
Neil Passmore / Andrew Chubb
Turner Pope Investments (TPI) Limited	Tel: [phone]
Ben Turner / James Pope / Andy Thacker

Notes to Editors:

Oriole Resources PLC is an AIM-listed exploration company, operating West Africa. It is focused on early-stage exploration in Cameroon (Bibemi and Wapouzé projects) and the more advanced Dalafin gold project in Senegal, where IAMGOLD has the option to spend US$8m to earn a 70% interest. Year 1 commitments have been met at all three projects. The Company has several interests and royalties in companies operating throughout Africa and Turkey that could deliver future cash flow, and it continues to assess new opportunities in both regions.

.

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)	Name	Timothy Livesey
2	Reason for the notification
a)	Position/status	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	Oriole Resources PLC
b)	LEI	213800X32GJR5AGAR511
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 each in the capital of the Company
	Identification code	Ordinary share ISIN: GB00B0T29327
b)	Nature of the transaction	Purchase of ordinary shares
c)	Price(s) and volume(s)
			Price(s)	Volume(s)
			0.318p	1,568,569
d)	Aggregated information
	- Aggregated volume	1,568,569 ordinary shares of 0.1 pence each purchased at 0.318 pence per ordinary share
	- Price
e)	Date of the transaction	21 May 2019
f)	Place of the transaction	London Stock Exchange, AIM Market (XLON)

1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	Robert Smeeton
2	Reason for the notification
a)	Position/status	Chief Financial Officer
b)	Initial notification /Amendment	Initial notification
3	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)	Name	Oriole Resources PLC
b)	LEI	213800X32GJR5AGAR511
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 each in the capital of the Company
	Identification code	Ordinary share ISIN: GB00B0T29327
b)	Nature of the transaction	Purchase of ordinary shares
c)	Price(s) and volume(s)
			Price(s)	Volume(s)
			0.318p	1,572,327
d)	Aggregated information
	- Aggregated volume	1,572,327 ordinary shares of 0.1 pence each purchased at 0.318 pence per ordinary share
	- Price
e)	Date of the transaction	21 May 2019
f)	Place of the transaction	London Stock Exchange, AIM Market (XLON)

 

END

 

 

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