Director/PDMR Shareholding

RNS Number : 6419T

Paternoster Resources PLC

04 July 2018

 

4 July 2018

Paternoster Resources plc

("Paternoster" or the "Company")

Directors' Dealings

Paternoster Resources Plc announces that it has been informed of dealings on 3 July 2018 by Nicholas Lee, Chairman, and Andrew Nesbitt, Non-Executive Director in the Ordinary Shares of 0.1 pence ("Shares") in the Company.

Mr Lee subscribed for 20,000,000 Shares at a price of 0.1 pence per Share, and Mr Nesbitt subscribed for 10,000,000 Shares at a price of 0.1 pence per Share, both subscriptions under the Teathers App.  

The table below sets out the total shareholding and interests of Mr Lee and Mr Nesbitt in the share capital of the Company:

Directors	Ordinary Shares		Total Shares	% of Issued Share Capital
	Direct	Indirect*
Nicholas Lee	24,250,000	21,764,706	46,014,706	0.73
Andrew Nesbitt	10,000,000	0	10,000,000	0.15

* shares held in SIPP

This announcement contains inside information for the purposes of Article 7 of EU Regulation 596/2014.

For more information, please contact:

Paternoster Resources plc:                                                        [phone]

Nicholas Lee, Chairman                                                                       

Nominated Adviser:                                                                  [phone]

Beaumont Cornish

Roland Cornish/Rosalind Hill Abrahams/Felicity Geidt

Joint Broker:                                                                             [phone]

Shard Capital Partners LLP

Damon Heath

Erik Woolgar

Joint Broker:                                                                            

Peterhouse Capital Limited                                                       [phone]

Lucy Williams

The following disclosure is made in accordance with Article 19 of the EU Market Abuse Regulation 596/2014.

1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	Nicholas Lee
2	Reason for the notification
a)	Position/status	Chairman
b)	Initial notification /Amendment	Initial Notification
3	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)	Name	Paternoster Resources Plc
b)	LEI	2138005S1G2RM953YX87
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 0.1p each
	Identification code	ISIN: GB0001636918
b)	Nature of the transaction	Purchase of Shares
c)	Price(s) and volume(s)		Price(s) Volume(s) 0.1p 20,000,000
d)	Aggregated information
	- Aggregated volume	n/a
	- Price	n/a
e)	Date of the transaction	3 July 2018
f)	Place of the transaction	London Stock Exchange - AIM

1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	Andrew Nesbitt
2	Reason for the notification
a)	Position/status	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	Paternoster Resources Plc
b)	LEI	2138005S1G2RM953YX87
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 0.1p each
	Identification code	ISIN: GB0001636918
b)	Nature of the transaction	Purchase of Shares
c)	Price(s) and volume(s)		Price(s) Volume(s) 0.1p 10,000,000
d)	Aggregated information
	- Aggregated volume	n/a
	- Price	n/a
e)	Date of the transaction	3 July 2018
f)	Place of the transaction	London Stock Exchange - AIM

 

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