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Directors Share Dealings

19 Oct 2018 07:00

RNS Number : 5389E
Altus Strategies PLC
19 October 2018
 

Altus Strategies Plc / Index: AIM / EPIC: ALS / Sector: Mining

 

NOT FOR DISTRIBUTION TO US NEWSWIRE SERVICES NOR FOR DISSEMINATION IN THE UNITED STATES OF AMERICA

 

19 October 2018

 

Altus Strategies Plc

("Altus" or the "Company")

 

Directors Share Dealings

 

Altus Strategies Plc (AIM: ALS & TSX-V: ALTS), the Africa focused exploration project generator, announces that the Company has been advised of the following share purchases by directors of the Company:

 

Director

Position

Shares purchased

Price per share (1)

Resultant beneficial shareholding

Holding as a percent of issued capital

Matthew Grainger (2)

Executive Director

350,000

0.0373

9,097,500

5.12%

Robert Milroy (3)

Non-Executive Director

325,000

0.0363

575,000

0.32%

 

Notes:

1. Price per share may represent the aggregate weighted average price paid per share

2. Beneficial shareholding includes 720,000 Altus shares held by Anna Grainger

3. Held through Milroy Capital Limited, a company controlled by Robert Milroy

 

For further information you are invited to visit the Company's website www.altus-strategies.com or contact:

 

Altus Strategies Plc

Steven Poulton, Chief Executive

 

Tel: +44 (0) 1235 511 767

E: info@altus-strategies.com

SP Angel (Nominated Adviser)

Richard Morrison / Soltan Tagiev

 

Tel: +44 (0) 20 3470 0470

SP Angel (Broker)

Richard Parlons / Jonathan Williams

 

Tel: +44 (0) 20 3470 0471

Blytheweigh (Financial PR)

Tim Blythe / Camilla Horsfall / James Husband

Tel: +44 (0) 20 7138 3204

 

About Altus Strategies Plc

Altus is a London (AIM: ALS) and Toronto (TSX-V: ALTS) listed, diversified and Africa focused mineral exploration project generator. Through our subsidiaries we discover new projects and attract third party capital to fund their growth, development and ultimately exit optionality. This strategy enables Altus to remain focused on the acquisition of new opportunities to be fed into the project generation cycle and aims to minimise shareholder dilution. Our business model is designed to create a growing portfolio of well managed and high growth potential projects and royalties, diversified by commodity and by country. Altus currently has eighteen projects in six commodities across six countries. We aim to position our shareholders at the vanguard of value creation, but with significantly reduced risks traditionally associated with investments in the mineral exploration sector.

 

Cautionary Note Regarding Forward-Looking Statements

Certain statements in this news release contain forward-looking information. These statements address future events and conditions and, as such, involve known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements to be materially different from any future results, performance or achievements expressed or implied by the statements. Such factors include without limitation the completion of planned expenditures, the ability to complete exploration programs on schedule and the success of exploration programs. Readers are cautioned not to place undue reliance on the forward-looking information, which speak only as of the date of this news release.

 

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

 

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.

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

1

Details of the relevant person / person closely associated

a)

Name

MATTHEW GRAINGER

2

Reason for the notification

a)

Position/status

EXECUTIVE DIRECTOR

b)

Initial notification/ Amendment

INITIAL NOTIFICATION

3

Details of the issuer

a)

Name

ALTUS STRATEGIES PLC

b)

LEI

213800IP93D9LMFIUA28

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

SHARE

Identification code

ISIN: GBOOBYT26M80

b)

Nature of the transaction

PURCHASE OF SHARES

c)

Price(s) and volume(s)

Price(s)

Volume(s)

£0.036

50,000

£0.037

100,000

d)

Aggregated information

Aggregated volume

150,000

 Price

£0.0367

e)

Date of the transaction

16/10/18

f)

Place of the transaction

London Stock Exchange, AIM

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

SHARE

Identification code

ISIN: GBOOBYT26M80

b)

Nature of the transaction

PURCHASE OF SHARES

c)

Price(s) and volume(s)

Price(s)

Volume(s)

£0.037

94,986

d)

Aggregated information

Aggregated volume

94,986

 Price

£0.037

e)

Date of the transaction

17/10/18

f)

Place of the transaction

London Stock Exchange, AIM

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

SHARE

Identification code

ISIN: GBOOBYT26M80

b)

Nature of the transaction

PURCHASE OF SHARES

c)

Price(s) and volume(s)

Price(s)

Volume(s)

£0.0385

105,014

d)

Aggregated information

Aggregated volume

105,014

 Price

£0.0385

e)

Date of the transaction

18/10/18

f)

Place of the transaction

London Stock Exchange, AIM

 

1

Details of the relevant person / person closely associated

a)

Name

MILROY CAPITAL LTD - GUERNSEY No: 30911

2

Reason for the notification

a)

Position/status

AN ENTITY OF WHICH ROBERT MILROY, NON-EXECUTIVE DIRECTOR, CONTROLS

b)

Initial notification/ Amendment

INITIAL NOTIFICATION

3

Details of the issuer

a)

Name

ALTUS STRATEGIES PLC

b)

LEI

213800IP93D9LMFIUA28

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

SHARE

Identification code

ISIN: GBOOBYT26M80

b)

Nature of the transaction

PURCHASE OF SHARES

c)

Price(s) and volume(s)

Price(s)

Volume(s)

£0.0345

25,000

£0.0365

300,000

d)

Aggregated information

Aggregated volume

325,000

 Price

£0.0363

e)

Date of the transaction

17/10/18

f)

Place of the transaction

London Stock Exchange, AIM

 

**END**

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.
 
END
 
 
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