Director Dealing

RNS Number : 3691P

Rambler Metals & Mining PLC

17 June 2022

 

17 June 2022

Director Dealing

London, England; Newfoundland and Labrador, Canada - Rambler Metals and Mining Plc (AIM: RMM) ("Rambler" or the "Company"), a copper and gold producer, explorer, and developer, has been informed today that Toby Bradbury, Chief Executive Officer of the Company, has exercised warrants representing a total of 2,500 ordinary shares of 1 pence each ("Shares") in the Company for total consideration of £500. The warrants were exercised at 20 pence each.

Following completion of the warrant exercise, Toby Bradbury holds 898,770 Shares in the Company which represents 0.56 per cent. of the issued share capital and total voting rights of the Company.

The Company has issued the 2,500 Ordinary Shares from its block listing authority as announced on 27 April 2021, and following the issue, the Company has the ability to issue a further 9,944,968 Shares under its existing block listing facility.

Following this warrant exercise and in accordance with the Financial Conduct Authority's Disclosure and Transparency Rules, the Company has 159,474,633 Shares in issue, none of which are held in treasury. Therefore, the total number of voting rights in the Company is 159,474,633  Shares.

The above figure may be used by shareholders in the Company as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change in the interest in, the share capital of the Company.

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 ('MAR') which has been incorporated into UK law by the European Union (Withdrawal) Act 2018.  Upon the publication of this announcement via Regulatory Information Service ('RIS'), this inside information is now considered to be in the public domain.

ABOUT RAMBLER METALS AND MINING

Rambler is a mining and development company that in November 2012 brought its first mine into commercial production.  Rambler has a 100 per cent ownership in the Ming Copper-Gold Mine, a fully operational base and precious metals processing facility and year-round bulk storage and shipping facility; all located on the Baie Verte peninsula, Newfoundland and Labrador, Canada.

Rambler's focus is to regain its production profile at 1,350 metric tonnes per day at a targeted grade of 2% Cu in 2022 and evaluate expansion opportunities from that base.

Along with the Ming Mine, Rambler also owns 100 per cent of the former producing Little Deer/Whalesback copper mines.

Rambler is listed in London under AIM:RMM.

For further information, please contact:

Toby Bradbury President and CEO Rambler Metals & Mining Plc Tel No: [phone] Fax No: [phone]	Celeste van Tonder CFO Rambler Metals & Mining Plc Tel No: [phone] Fax No: [phone]	Tim Sanford. P. Eng. Vice President and Corporate Secretary Rambler Metals & Mining Plc Tel No: [phone] Fax No: [phone]
Nominated Advisor (NOMAD)
Ewan Leggat, Caroline Rowe SP Angel Corporate Finance LLP Tel No: [phone]

 Website:   www.ramblermines.com  

NOTIFICATION AND PUBLIC DISCLOSURE OF TRANSACTIONS BY PERSONS DISCHARGING MANAGERIAL RESPONSIBILITIES AND PERSONS CLOSELY ASSOCIATED WITH THEM

.	Details of the person discharging managerial responsibilities/person closely associated
a)	Name:	Toby Bradbury
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:	Rambler Metals and Mining Plc
b)	LEI:	213800IB64T72HG7SD88
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:	Ordinary Shares of 1 pence each  ISIN: GB00BLFJ1613
b)	Nature of the transaction:	Exercise of warrants
c)	Price(s) and volume(s):	Price(s) Volume(s) 20 pence 2,500
d)	Aggregated information: Aggregated volume: Price:	Single transaction as in 4 c) above Price(s) Volume(s) 20 pence 2,500
e)	Date of the transaction:	17 June 2022
f)	Place of the transaction:	Outside a trading venue

 

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