Last checked at 27 Nov 2018 09:00
Anglo Asian Mining plc / Ticker: AAZ / Index: AIM / Sector Mining
27 November 2018
Anglo Asian Mining plc
PDMR Dealing
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Anglo Asian Mining plc ("Anglo Asian" or the "Company"), the AIM-listed gold, copper and silver producer focused in Azerbaijan, announces that it was notified yesterday that on 22 and 23 November 2018, a person discharging managerial responsibility, Stephen Westhead, Director of Geology purchased a total of 60,000 ordinary shares of 1 pence each in the capital of the Company ("Ordinary Shares") at an average price of 86.3 pence per share.
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Following these transactions, Stephen Westhead holds a beneficial interest in 235,000 Ordinary Shares representing approximately 0.21 per cent. of the Company's issued share capital.
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Market Abuse Regulation (MAR) Disclosure
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.
The notifications below, made in accordance with the requirements of the EU Market Abuse Regulation, provide further detail on the director's share dealing.
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: | Stephen Westhead | ||||||
2. | Reason for the notification | |||||||
a) | Position/status: | Director of Geology (non-board) | ||||||
b) | Initial notification/Amendment: | Initial notification | ||||||
3. | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | |||||||
a) | Name: | Anglo Asian Mining plc | ||||||
b) | LEI: | 213800F9JM669WH34359 | ||||||
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  GB00B0C18177 | ||||||
b) | Nature of the transaction: | Purchase of shares | ||||||
c) | Price(s) and volume(s): | Â
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d) | Aggregated information: Aggregated volume: Price: | Â
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e) | Date of the transaction: | 08:18am, 22 November 2018 08.56am, 22 November 2018 03.39pm, 23 November 2018 | ||||||
f) | Place of the transaction: | London Stock Exchange, AIM Market | ||||||
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**ENDS**
For further information please visit www.angloasianmining.com or contact:
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Reza Vaziri | Anglo Asian Mining plc | Tel: +994 12 596 3350 |
Bill Morgan | Anglo Asian Mining plc | Tel: +994 502 910 400 |
Stephen Westhead | Anglo Asian Mining plc | Tel: +994 502 916 894 |
Ewan Leggat | SP Angel Corporate Finance LLP Nominated Adviser and Broker | Tel: +44 (0) 20 3470 0470 |
Soltan Tagiev | SP Angel Corporate Finance LLP Nominated Adviser and Broker | Tel + 44 (0) 20 3470 0470 |
Susie Geliher | St Brides Partners Ltd | Tel: +44 (0) 20 7236 1177 |
Gaby Jenner | St Brides Partners Ltd | Tel: +44 (0) 20 7236 1177 |
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