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Director/PDMR Shareholding

10 Sep 2014 12:25

RNS Number : 3200R
Amara Mining PLC
10 September 2014
 



10 September 2014 AIM:AMA

 

 

 

 

 

 

 

Amara Mining plc

("Amara" or "the Company")

 

DIRECTORS' DEALINGS

 

Amara Mining plc, the AIM-listed West African focused gold mining company, announces that John McGloin, Chairman and Chief Executive Officer, and Pete Gardner, Finance Director, acquired ordinary shares of 1 penny each in the Company ("Ordinary Shares") on 09 September 2014 and 10 September 2014 respectively.

 

Mr McGloin acquired 130,639 Ordinary Shares at 22.75 pence per share. Following this transaction, Mr McGloin and persons connected to him are interested in 1,002,599 Ordinary Shares representing approximately 0.30 per cent of the Company's issued ordinary share capital, all of which are held beneficially.

 

Mr Gardner acquired 100,000 Ordinary Shares at 22.92 pence per share. Following this transaction, Mr Gardner and persons connected to him are interested in 855,109 Ordinary Shares representing approximately 0.26 per cent of the Company's issued ordinary share capital, all of which are held beneficially.

 

For more information please contact:

Amara Mining plc

Catherine Apthorpe, Company Secretary

Katharine Sutton, Head of Investor Relations

 

+44 (0)20 7398 1420

Peel Hunt LLP

(Nominated Adviser & Joint Broker)

Matthew Armitt

Ross Allister

 

+44 (0)20 7418 8900

GMP Securities Europe LLP

(Joint Broker)

Richard Greenfield

Alex Carse

 

+44 (0)20 7647 2800

Farm Street Communications

(Media Relations)

Simon Robinson

+44 (0)7593 340 107

 

 

About Amara Mining plc

Amara is a gold explorer/developer with assets in West Africa. The Company is focused on unlocking the value in its development projects. At Yaoure in Côte d'Ivoire, this will be done by increasing the confidence in the existing Mineral Resource and economics at the project as the Company progresses it through to Pre-Feasibility Study and Bankable Feasibility Study. At Baomahun, this will be achieved by gaining an improved understanding of the exploration upside potential and underground opportunity. With its experience of bringing new mines into production, Amara aims to further increase its production profile with highly prospective opportunities across both assets.

This information is provided by RNS
The company news service from the London Stock Exchange
 
END
 
 
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