24 May 2017 12:35
News Release
May 24, 2017
Anglo Pacific Group PLC
Directors' Share Dealings in Company
Anglo Pacific Group PLC (the "Company") (LSE: APF, TSX: APY) announces that it received notification today of the following transaction by Mr. Robert Stan, Non-Executive Director of the Company.
On May 23, 2017, Mr. Stan acquired 8,000 ordinary shares of 2 pence each in the Company ("Shares") at a price of 118p per Share. The transaction took place on the London Stock Exchange.
Following this notification, the total beneficial holding of Shares by Mr. Stan and his connected persons is now 155,540 Shares, representing 0.09% of the issued ordinary share capital of the Company respectively.
This notification is intended to satisfy the Company's obligations under Disclosure and Transparency Rule 3.1.4R.
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 | 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
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c. | Price(s) and volume(s) |
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d. | Aggregated information · Aggregated volume · Price
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8,000 118p | ||||
e. | Date of the transaction | 23 May 2017
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f. | Place of the transaction | London Stock Exchange, Main Market (XLON)
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For further information:
Anglo Pacific Group PLC | +44 (0) 20 3435 7400 |
Julian Treger - Chief Executive Officer Kevin Flynn - Chief Financial Officer and Company Secretary
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Website: | www.anglopacificgroup.com |
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BMO Capital Markets Limited | +44 (0) 20 7664 8020 |
Jeffrey Couch / Neil Haycock / Tom Rider / Jenny Wyllie |
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Macquarie Capital (Europe) Limited | +44 (0) 20 3037 2000 |
Raj Khatri / Nicholas Harland / Ariel Tepperman |
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Peel Hunt LLP | +44 (0) 20 7418 8900 |
Matthew Armitt / Ross Allister / Chris Burrows |
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Redleaf Communications | +44 (0) 20 7382 4769 |
Charlie Geller / David Ison
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Notes to Editors
About Anglo Pacific
Anglo Pacific Group PLC is a global natural resources royalty and streaming company. The Company's strategy is to develop a leading international diversified royalty and streaming company with a portfolio centred on base metals and bulk materials, focusing on accelerating income growth 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.