1 Mar 2021 07:00
News Release
1 March 2021
Anglo Pacific Group PLC
Directors Share Dealings & Grant of Awards under Deferred Bonus Plan
Anglo Pacific Group PLC (the "Company") (LSE: APF, TSX: APY) has been notified that, further to results of the equity placing announced on 24 February 2021, the following Directors have acquired ordinary shares of 2p each in the Company ("Shares") in the Placing and in the following amounts:
Name | Role | Number of Placing Shares | Number of ordinary shares held immediately following admission | Per cent of issued ordinary shares held immediately following admission |
Julian Treger | Chief Executive Officer | 100,000 | 4,675,631 | 2.14% |
Patrick Meier | Non-Executive Chairman | 56,167 | 337,006 | 0.15% |
Graeme Dacomb | Non-Executive Director | 39,063 | 94,063 | 0.04% |
Vanessa Dennett | Non-Executive Director | 8,400 | 18,400 | 0.01% |
James Rutherford | Non-Executive Director | 68,593 | 118,593 | 0.05% |
Robert Stan | Non-Executive Director | 20,000 | 318,531 | 0.15% |
Mr. Treger's participation in the Placing was via his pension fund acquiring 50,000 Shares and a person closely related to him, Kings Chapel International Limited also acquiring 50,000 Shares. Mr. Stan's participation in the Placing was via a person closely related to him, Spruce Bluff Resources Limited, acquiring 20,000 Shares.
Deferred Bonus Plan
The Company also announces, that on 26 February 2021 the following awards over Shares in the Company were granted under the Deferred Share Bonus Plan (the "Plan") to the Executive Directors:
Name | Position in Company | Number of Ordinary Shares under Award |
Julian Treger | Chief Executive Officer and Director | 30,344 |
Kevin Flynn | Chief Financial Officer and Director | 16,900 |
As detailed in the Company's Remuneration Policy in the 2019 Annual Report, 30% of the bonus due to the Company's Executive Directors for the year ended 31 December 2020 has been satisfied through the grant of conditional awards under the Plan.
Director/PDMR Dealing - Further information
The notification below, made in accordance with the requirements of the EU Market Abuse Regulations, provides further detail in respect of the transactions as described at the beginning of this announcement.
1. | Details of the person discharging managerial responsibilities / person closely associated | |||||
a. | Name | Kings Chapel International Limited | ||||
2. | Reason for the notification | |||||
a. | Position/status | Person closely associated with Mr. Julian Treger, Chief Executive Officer and Executive Director of Anglo Pacific Group PLC | ||||
b. | Initial notification/Amendment | Initial Notification | ||||
3. | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | |||||
a. | Name | Anglo Pacific Group PLC | ||||
b. | LEI | n/a | ||||
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 | 2p Ordinary Shares
GB0006449366 | ||||
b. | Nature of the transaction | Participation in the placing through the acquisition of new shares
| ||||
c. | Price(s) and volume(s) |
| ||||
d. | Aggregated information · Aggregated volume · Price
|
50,000 £1.28 | ||||
e. | Date of the transaction | 24 February 2021
| ||||
f. | Place of the transaction | London Stock Exchange, Main Market (XLON)
| ||||
1. | Details of the person discharging managerial responsibilities / person closely associated | |||||
a. | Name | Julian Treger | ||||
2. | Reason for the notification | |||||
a. | Position/status | Chief Executive Officer and Executive Director of Anglo Pacific Group PLC | ||||
b. | Initial notification/Amendment | Initial Notification | ||||
3. | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | |||||
a. | Name | Anglo Pacific Group PLC | ||||
b. | LEI | n/a | ||||
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 | 2p Ordinary Shares
GB0006449366 | ||||
b. | Nature of the transaction | Participation in the placing through the acquisition of new shares
| ||||
c. | Price(s) and volume(s) |
| ||||
d. | Aggregated information · Aggregated volume · Price
|
50,000 £1.28 | ||||
e. | Date of the transaction | 24 February 2021
| ||||
f. | Place of the transaction | London Stock Exchange, Main Market (XLON)
| ||||
1. | Details of the person discharging managerial responsibilities / person closely associated | |||||
a. | Name | Patrick Meier | ||||
2. | Reason for the notification | |||||
a. | Position/status | Non-Executive Chairman of Anglo Pacific Group PLC | ||||
b. | Initial notification/Amendment | Initial Notification | ||||
3. | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | |||||
a. | Name | Anglo Pacific Group PLC | ||||
b. | LEI | n/a | ||||
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 | 2p Ordinary Shares
GB0006449366 | ||||
b. | Nature of the transaction | Participation in the placing through the acquisition of new shares
| ||||
c. | Price(s) and volume(s) |
| ||||
d. | Aggregated information · Aggregated volume · Price
|
56,167 £1.28 | ||||
e. | Date of the transaction | 24 February 2021
| ||||
f. | Place of the transaction | London Stock Exchange, Main Market (XLON)
| ||||
1. | Details of the person discharging managerial responsibilities / person closely associated | |||||
a. | Name | Graeme Dacomb | ||||
2. | Reason for the notification | |||||
a. | Position/status | Non-Executive Director | ||||
b. | Initial notification/Amendment | Initial Notification | ||||
3. | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | |||||
a. | Name | Anglo Pacific Group PLC | ||||
b. | LEI | n/a | ||||
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 | 2p Ordinary Shares
GB0006449366 | ||||
b. | Nature of the transaction | Participation in the placing through the acquisition of new shares
| ||||
c. | Price(s) and volume(s) |
| ||||
d. | Aggregated information · Aggregated volume · Price
|
39,063 £1.28 | ||||
e. | Date of the transaction | 24 February 2021
| ||||
f. | Place of the transaction | London Stock Exchange, Main Market (XLON)
| ||||
1. | Details of the person discharging managerial responsibilities / person closely associated | |||||
a. | Name | Vanessa Dennett | ||||
2. | Reason for the notification | |||||
a. | Position/status | Non-Executive Director | ||||
b. | Initial notification/Amendment | Initial Notification | ||||
3. | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | |||||
a. | Name | Anglo Pacific Group PLC | ||||
b. | LEI | n/a | ||||
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 | 2p Ordinary Shares
GB0006449366 | ||||
b. | Nature of the transaction | Participation in the placing through the acquisition of new shares
| ||||
c. | Price(s) and volume(s) |
| ||||
d. | Aggregated information · Aggregated volume · Price
|
8,400 £1.28 | ||||
e. | Date of the transaction | 24 February 2021
| ||||
f. | Place of the transaction | London Stock Exchange, Main Market (XLON)
| ||||
1. | Details of the person discharging managerial responsibilities / person closely associated | |||||
a. | Name | James Rutherford | ||||
2. | Reason for the notification | |||||
a. | Position/status | Non-Executive Director | ||||
b. | Initial notification/Amendment | Initial Notification | ||||
3. | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | |||||
a. | Name | Anglo Pacific Group PLC | ||||
b. | LEI | n/a | ||||
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 | 2p Ordinary Shares
GB0006449366 | ||||
b. | Nature of the transaction | Participation in the placing through the acquisition of new shares
| ||||
c. | Price(s) and volume(s) |
| ||||
d. | Aggregated information · Aggregated volume · Price
|
68,593 £1.28 | ||||
e. | Date of the transaction | 24 February 2021
| ||||
f. | Place of the transaction | London Stock Exchange, Main Market (XLON)
| ||||
1. | Details of the person discharging managerial responsibilities / person closely associated | |||||
a. | Name | Spruce Bluff Resources Limited | ||||
2. | Reason for the notification | |||||
a. | Position/status | Person closely associated with Mr. Robert Stan, Non-Executive Director of Anglo Pacific Group PLC | ||||
b. | Initial notification/Amendment | Initial Notification | ||||
3. | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | |||||
a. | Name | Anglo Pacific Group PLC | ||||
b. | LEI | n/a | ||||
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 | 2p Ordinary Shares
GB0006449366 | ||||
b. | Nature of the transaction | Participation in the placing through the acquisition of new shares
| ||||
c. | Price(s) and volume(s) |
| ||||
d. | Aggregated information · Aggregated volume · Price
|
20,000 £1.28 | ||||
e. | Date of the transaction | 24 February 2021
| ||||
f. | Place of the transaction | London Stock Exchange, Main Market (XLON)
| ||||
1. | Details of the person discharging managerial responsibilities / person closely associated | |||||
a. | Name | Julian Treger | ||||
2. | Reason for the notification | |||||
a. | Position/status | Chief Executive Officer and Executive Director of Anglo Pacific Group PLC | ||||
b. | Initial notification/Amendment | Initial Notification | ||||
3. | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | |||||
a. | Name | Anglo Pacific Group PLC | ||||
b. | LEI | n/a | ||||
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 | 2p Ordinary Shares
GB0006449366 | ||||
b. | Nature of the transaction | Grant of a conditional award under the Anglo Pacific Group PLC Deferred Share Bonus Plan
| ||||
c. | Price(s) and volume(s) |
| ||||
d. | Aggregated information · Aggregated volume · Price
|
Not applicable - single transaction | ||||
e. | Date of the transaction | 26 February 2021
| ||||
f. | Place of the transaction | Outside a trading venue
| ||||
1. | Details of the person discharging managerial responsibilities / person closely associated | |||||
a. | Name | Kevin Flynn | ||||
2. | Reason for the notification | |||||
a. | Position/status | Chief Financial Officer and Executive Director of Anglo Pacific Group PLC | ||||
b. | Initial notification/Amendment | Initial Notification | ||||
3. | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | |||||
a. | Name | Anglo Pacific Group PLC | ||||
b. | LEI | n/a | ||||
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 | 2p Ordinary Shares
GB0006449366 | ||||
b. | Nature of the transaction | Grant of a conditional award under the Anglo Pacific Group PLC Deferred Share Bonus Plan
| ||||
c. | Price(s) and volume(s) |
| ||||
d. | Aggregated information · Aggregated volume · Price
|
Not applicable - single transaction | ||||
e. | Date of the transaction | 26 February 2021
| ||||
f. | Place of the transaction | Outside a trading venue
| ||||
For further information, please contact:
Anglo Pacific Group PLC | +44 (0) 20 3435 7400 |
Julian Treger - Chief Executive Officer Kevin Flynn - Chief Financial Officer | |
Website: |
www.anglopacificgroup.com |
RBC Capital Markets - Lead Financial Adviser and Joint Bookrunner Farid Dadashev / Marcus Jackson / Jamil Miah | +44 (0) 20 7653 4000
|
Peel Hunt LLP - Joint Bookrunner Ross Allister / Alexander Allen / David McKeown
| +44 (0) 20 7418 8900 |
Berenberg - Joint Bookrunner Matthew Armitt / Jennifer Wyllie / Varun Talwar / Detlir Elezi
| +44 (0) 20 3207 7800 |
Camarco Gordon Poole / Owen Roberts / James Crothers | +44 (0) 20 3757 4997 |
Notes to Editors
About the Company
Anglo Pacific Group PLC is a global natural resources royalty and streaming company. The Company's strategy is to become a leading natural resources company through investing in high quality projects in preferred jurisdictions with trusted counterparties, underpinned by strong ESG principles. It is a continuing policy of the Company to pay a substantial portion of these royalties and streams to shareholders as dividends.