3 Sep 2018 07:00
News Release
3 September 2018
Anglo Pacific Group PLC
Directors' Share Dealings in Company
Anglo Pacific Group PLC (the "Company") (LSE: APF, TSX: APY) announces that it received notification of the following transactions by Mr. Patrick Meier, Chairman of the Company, Mr. Robert Stan, Non-Executive Director of the Company, and Mr. Kevin Flynn, Chief Financial Officer and persons closely associated with Mr. Flynn, on 30 August 2018.
On 30 August 2018, Mr. Meier acquired 5,688 ordinary shares of 2 pence each in the Company ("Shares") at a price of 153p per Share, and an entity in which Mr. Stan has a beneficial interest, acquired 10,000 Shares at a price of 155p per Share.
On 30 August 2018, Mrs. Louise Flynn, Mr. Flynn's spouse, sold 7,530 Shares at a price of 153p per Share and acquired 2,579 Shares at a price of 154p per Share. In addition, Mr. Flynn's daughter, Miss Emily Flynn, acquired 993 Shares at a price of 154p per Share, and Mr. Flynn acquired 3,958 Shares at a price of 154p per Share. As a result of these transactions, the net movement in total Shares held by Mr. Flynn and persons closely associated with him was nil.
All transactions took place on the London Stock Exchange.
Following this notification, the total beneficial holding of Shares by Mr. Meier is 217,677 Shares, the total beneficial holding of Shares by Mr. Stan is 213,015 Shares and the total beneficial holding of Mr. Flynn and persons closely associated is 17,418 Shares representing 0.12%, 0.12% and 0.01% respectively, of the issued ordinary share capital of the Company.
Directors' Share Dealings - 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 | Patrick Meier | ||||
2. | Reason for the notification | |||||
a. | Position/status | Non-Executive Chairman | ||||
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 | Acquisition of Shares | ||||
c. | Price(s) and volume(s) |
| ||||
d. | Aggregated information · Aggregated volume · Price
|
5,688 152.99p | ||||
e. | Date of the transaction | 30 August 2018 | ||||
f. | Place of the transaction | London Stock Exchange, Main Market (XLON)
| ||||
1. | Details of the person discharging managerial responsibilities / person closely associated | |||||
a. | Name | Robert Stan | ||||
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 | Acquisition of Shares | ||||
c. | Price(s) and volume(s) |
| ||||
d. | Aggregated information · Aggregated volume · Price
|
10,000 155p | ||||
e. | Date of the transaction | 30 August 2018 | ||||
f. | Place of the transaction | London Stock Exchange, Main Market (XLON) | ||||
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 | ||||
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 | Acquisition of Shares | ||||
c. | Price(s) and volume(s) |
| ||||
d. | Aggregated information · Aggregated volume · Price
|
3,958 153.8776p | ||||
e. | Date of the transaction | 30 August 2018 | ||||
f. | Place of the transaction | London Stock Exchange, Main Market (XLON) | ||||
1. | Details of the person discharging managerial responsibilities / person closely associated | |||||||||
a. | Name | Louise Flynn | ||||||||
2. | Reason for the notification | |||||||||
a. | Position/status | Person closely associated with Mr. Kevin Flynn | ||||||||
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 | Disposal & Acquisition of Shares | ||||||||
c. | Price(s) and volume(s) | Disposal
Acquisition
| ||||||||
d. | Aggregated information · Aggregated volume · Price
|
4,951 - net disposal As above | ||||||||
e. | Date of the transaction | 30 August 2018 | ||||||||
f. | Place of the transaction | London Stock Exchange, Main Market (XLON) | ||||||||
1. | Details of the person discharging managerial responsibilities / person closely associated | |||||
a. | Name | Emily Flynn | ||||
2. | Reason for the notification | |||||
a. | Position/status | Person closely associated with Mr. Kevin Flynn | ||||
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 | Acquisition of Shares | ||||
c. | Price(s) and volume(s) |
| ||||
d. | Aggregated information · Aggregated volume · Price
|
993 153.8499p | ||||
e. | Date of the transaction | 30 August 2018 | ||||
f. | Place of the transaction | London Stock Exchange, Main Market (XLON) | ||||
For further information:
Anglo Pacific Group PLC Julian Treger - Chief Executive Officer Kevin Flynn - Chief Financial Officer and Company Secretary
| +44 (0) 20 3435 7400 |
Website:
| www.anglopacificgroup.com
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BMO Capital Markets Limited | +44 (0) 20 7664 8020 |
Jeffrey Couch / Tom Rider |
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Canaccord Genuity Limited | +44 (0) 20 7523 8000 |
Martin Davison / James Asensio |
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Peel Hunt LLP | +44 (0) 20 7418 8900 |
Ross Allister / James Bavister |
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Capital Market Communications Limited (Camarco) | +44 (0) 20 3757 4997 |
Gordon Poole / Owen Roberts / James Crothers |
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Notes to Editors
About Anglo Pacific
Anglo Pacific Group PLC is a global natural resources royalty company. The Company's strategy is to develop a leading international diversified royalty company with a portfolio centred on base metals and bulk materials, focusing on accelerating income growth mainly through acquiring royalties on projects that are currently cash flow generating or are expected to be within the next 24 months, as well as investment in earlier stage royalties. It is a continuing policy of the Company to pay a substantial portion of these royalties to shareholders as dividends.