Wow!! Skin in the game or what!! Director Buys....4 Feb 2020 07:31
Jangada Mines plc ("Jangada" or "the Company"), a natural resources company, is pleased to announce that it was notified on 3 February 2020 that Executive Chairman Brian McMaster and Non-Executive Director Luis Azevedo have each purchased 1.4 million ordinary shares in the share capital of the Company ("Ordinary Shares") at a price of 1.8p in an off-market transaction.
Following this purchase, Mr McMaster's total beneficial ownership in the Company is 55,244,467, which represents 23.3% of the Company's issued share capital. Mr Azevedo's total beneficial ownership in the Company is 54,066,667, which represents 22.8% of the Company's issued share capital.