Replacement RNS: Director/PDMR Shareholding

RNS Number : 3493F

Scotgold Resources Ltd

26 October 2018

 

The following amendment has been made to the "Director/PDMR Shareholding" announcement released on 22 October 2018 at 16:45 under RNS number 8094E.

Mr Nathaniel Le Roux's resulting beneficial interest in ordinary shares of no par value each ("Ordinary Shares") in the Company was incorrectly stated as 22,468,223.  Mr Le Roux's correct beneficial interest in Ordinary Shares is 22,418,223.

All other information remains unchanged. The correct version of the announcement is below:

Scotgold Resources Limited

("Scotgold" or the "Company")

Notification of Transaction of Persons Discharging Managerial

Responsibilities ("PDMR")

The Company announces that it was notified on 22 October 2018 that Nathaniel le Roux, Non-Executive Chairman of the Company, acquired 50,000 ordinary shares of no par value each ("Ordinary Shares") at a price of 27 pence per share on 19 October 2018.

Following the purchase of 50,000 shares, Nathaniel le Roux will have a beneficial interest in 22,418,223 Ordinary Shares, representing approximately 49.12% (previously 49.01%) of the ordinary share capital of the Company.

This purchase of shares concludes the instruction to purchase 100,000 Ordinary Shares, issued by Nathaniel le Roux on 18 October 2018 and the Company confirms that it did not have inside information at the time the instruction for the purchase of Ordinary Shares was issued and that the purchase of shares by Nathaniel le Roux was in accordance with the Company's Share Dealing Policy

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	Nathaniel Le Roux
2.	Reason for notification
(a)	Position/status	Non-Executive Chairman
(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	Scotgold Resources Limited
(b)	LEI	213800HL5A2K7LW2G360
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 No Par Value
(b)	Identification code	AU000XINEAK5
(c)	Nature of the transaction	On market purchase of shares
(d)	Price(s) and volume(s)	Prices(s) Volume(s) 27  pence 50,000
(e)	Aggregated information: - Aggregated volume - Price	Single transaction as in 4(d) above Prices(s) Volume(s) 27 pence 50,000
(f)	Date of transaction	19 October 2018
(g)	Place of transaction	XLON

Certain information contained in this announcement would have been deemed inside information for the purposes of Article 7 of Regulation (EU) No 596/2014 until the release of this announcement.

For further information please contact:

Scotgold Resources Limited Richard Gray	Tel: [phone]
SP Angel Corporate Finance LLP Nomad and Joint Broker Ewan Leggat / Charlie Bouverat	Tel [phone]
Smaller Company Capital Ltd Joint Broker Rupert Williams	Tel: [phone]
Capital Markets Consultants Financial PR Simon Rothschild	Tel: [phone]

 

END

 

 

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