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Pin to quick picksBens Creek Regulatory News (BEN)

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Director/PDMR Shareholding

13 Jul 2022 07:00

RNS Number : 2470S
Bens Creek Group PLC
13 July 2022
 

Bens Creek Group plc

("Bens Creek" or the "Company")

 

Director/PDMR shareholding

 

Bens Creek Group plc (AIM: BEN), the owner of a metallurgical coal mine in North America supplying the steel industry, has been informed that, on 12 July 2022, Murat Erden, Chief Financial Officer of the Company, acquired 425,000 ordinary shares of 0.1 pence each in the Company ("Ordinary Shares") at a price of 34.682 pence per Ordinary Share.

 

The Ordinary Shares were purchased via an investment company controlled by Murat Erden, Erden Investments Limited.

 

Murat Erden now owns 425,000 Ordinary Shares in the Company, which represents 0.12% of the issued share capital of the Company.

 

The notification and public disclosure of transactions by persons discharging managerial responsibilities in accordance with the requirements of the EU Market Abuse Regulation, which forms part of Domestic UK Law pursuant to the European Union (Withdrawal) Act 2018, is appended below.

 

For further information please contact:

Bens Creek Group plc

Adam Wilson, CEO

Raju Haldankar, Executive Director

Murat Erden, CFO

 

+44 (0) 204 558 2300

Allenby Capital Limited (Nominated Adviser and Joint Broker)

Nick Athanas / Nick Naylor / George Payne (Corporate Finance)

Kelly Gardiner (Sales and Corporate Broking)

+44 (0) 203 328 5656

 

Optiva Securities Limited (Joint Broker)

Christian Dennis / Mariela Jaho / Daniel Ingram

+44 (0) 203 137 1902

 

Notification and public disclosure of transactions by persons discharging managerial responsibilities and persons closely associated with them

 

1

 

Details of the person discharging managerial responsibilities / person closely associated

 

a)

 

Name

 

Murat Erden

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 

 

Bens Creek Group plc

b)

 

LEI

 

213800I3FGJ7KAZGEG14

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

Ordinary Shares of 0.1 pence each

Identification code

ISIN: GB00BP814F22

b)

 

Nature of the transaction 

 

Purchase of Ordinary Shares via investment company

c)

Price and volume

Price:

34.682 pence per share 

Volume:

425,000

d)

 

Aggregated information

- Aggregated volume

425,000

- Price

34.682 pence per share

- Principal amount

£147,398.50

e)

 

Date of the transaction

 

12 July 2022

f)

 

Place of the transaction

 

London Stock Exchange, AIM

 

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.RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.
 
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DSHBIGDRLSBDGDD
Date   Source Headline
23rd Apr 20247:02 amRNSUpdate on the Group’s Chapter 11 cases
23rd Apr 20247:00 amRNSRequisition of General Meeting
15th Apr 20244:16 pmRNSBens Creek commences Chapter 11 cases
12th Apr 20247:00 amRNSCorporate update
8th Apr 20247:00 amRNSCoal sale to Avani Resources & operational update
26th Mar 202411:30 amRNSFurther drawdown of Working Capital Facility
19th Mar 20247:00 amRNSDrawdown of Working Capital Facility
6th Mar 20247:00 amRNSAmended loan instrument & security agreement
5th Mar 20241:07 pmRNSHolding(s) in Company
29th Feb 20247:00 amRNSHigh Vol B (HVB) coal sale to Avani Resources
27th Feb 20242:43 pmRNSRelated party transaction
22nd Feb 20247:00 amRNSAppointment of CEO for Bens Creek Operations LLC
9th Feb 20243:10 pmRNSCorrection: Trading update and Directorate change
9th Feb 20247:00 amRNSTrading update and Directorate change
31st Jan 20245:00 pmRNSTotal Voting Rights
8th Jan 20247:00 amRNSQuarterly production update
29th Dec 20237:00 amRNSExercise of Options & Director Shareholding
28th Dec 20237:00 amRNSHalf-year Report
5th Dec 20237:00 amRNSQ&A and Shareholder Day
30th Nov 202312:10 pmRNSHigh Vol B (HVB) coal sale to Avani Resources
27th Oct 20235:47 pmRNSResult of AGM
4th Oct 20237:00 amRNSH1 Production Update
27th Sep 20234:36 pmRNSDelay to Publication of Annual Report and Accounts
13th Sep 20237:00 amRNSOperational update and notice of results
29th Aug 20237:00 amRNSExercise of options and change to TVR
14th Aug 20237:00 amRNSHighwall miner update
8th Aug 202312:16 pmRNSHolding(s) in Company
8th Aug 202312:13 pmRNSHolding(s) in Company
26th Jul 202311:29 amRNSAppointment of Non-Executive Director
26th Jul 20237:00 amRNSMarketing and sales services agreement with Avani
11th Jul 202311:55 amRNSIssue of $7.6m of loan notes to ACAM LP
7th Jul 202310:30 amRNSIssue of loan note to raise $6.5m
3rd Jul 20232:51 pmRNSHolding(s) in Company
26th Jun 20237:00 amRNSHighwall miner & issue of loan note to raise $6.5m
31st May 20235:00 pmRNSTotal Voting Rights
12th May 20237:00 amRNSAcquisition of 29.9% holding in the Company
5th May 20237:00 amRNSHighwall miner update
4th May 202311:41 amRNSExercise of options and change to TVR
2nd May 202310:09 amRNSChange of Registered Office
28th Apr 20237:00 amRNSCoal sales and delivery update
14th Apr 20237:00 amRNSStatement re share price and update on MBU holding
31st Mar 20235:00 pmRNSTotal Voting Rights
31st Mar 20237:00 amRNSUpdate on acquisition of Ben’s Creek Rail Holding
23rd Mar 20237:00 amRNSHighwall miner update
14th Mar 20237:00 amRNSExercise of options and change to TVR
9th Mar 202310:58 amRNSResignation of Chief Financial Officer
3rd Mar 20237:00 amRNSAmendment and conversion of loan facility with MBU
27th Feb 20237:00 amRNSAppointment of Non-Executive Director
27th Feb 20237:00 amRNSConvertible loan notes repayment
7th Feb 20236:00 pmRNSHolding(s) in Company

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