25 Feb 2020 16:11
BlueRock Diamonds PLC / AIM: BRD / Sector: Natural Resources
25 February 2020
BlueRock Diamonds PLC ('BlueRock' or the 'Company')
Director/PDMR Shareholding
BlueRock Diamonds plc, the AIM listed diamond mining company, which owns and operates the Kareevlei Diamond Mine in the Kimberley region of South Africa ("Kareevlei"), has today been notified that Mike Houston, Executive Chairman of the Company, has transferred 30,000 ordinary shares of 5 pence each in the Company ("Ordinary Shares") and 30,000 warrants over Ordinary Shares in the Company, held in the name of Rock Investments Trading Limited, which is owned by a trust of which Mike Houston and his wife are beneficiaries, to a joint account held in his and his wife's name.
Mr Houston's beneficial ownership over shares in the Company has not changed as a result of the transaction.
**ENDS**
For further information, please visit www.bluerockdiamonds.co.uk or contact:
BlueRock Diamonds PLC Mike Houston David Facey, FD |
mhouston@bluerockdiamonds.co.uk dfacey@bluerockdiamonds.co.uk |
SP Angel (NOMAD and Broker) Stuart Gledhill / Caroline Rowe |
Tel: +44 (0)20 3470 0470 |
St Brides Partners Ltd (Financial PR) Isabel de Salis / Cosima Akerman / Susie Geliher |
Tel: +44 (0)20 7236 1177 |
Notes to editors:
BlueRock Diamonds is an AIM-listed diamond producer which operates the Kareevlei Diamond Mine near Kimberley in South Africa which produces diamonds of exceptional quality and ranks in the top ten in the world in terms of average value per carat. The Kareevlei licence area covers 3,000 hectares and hosts five known diamondiferous kimberlite pipes. As at November 2018, it was estimated that the remaining Inferred Mineral Resource from the four kimberlite pipes (KV1, KV2, KV3 and KV5) represents a potential inground number of carats of 367,000.
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: | Mike Houston | ||||||||
2. | Reason for the notification | |||||||||
a) | Position/status: | Executive Chairman | ||||||||
b) | Initial notification/amendment: | Initial | ||||||||
3. | Details of the issuer emission allowance market participant, auction platform, auctioneer or auction monitor | |||||||||
a) | Name: | BlueRock Diamonds Plc | ||||||||
b) | LEI: | 213800LVSJ2RNI3SSN92 | ||||||||
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: | Ordinary shares of £0.05 GB00BKKJK954 | ||||||||
b) | Nature of the transaction: | Transfer of shares and warrants | ||||||||
c) | Price(s) and volume(s): | Transfer of shares
Transfer of warrants
| ||||||||
d) | Aggregated information: Aggregated volume: Price: | Multiple transactions as in 4 c) above
| ||||||||
e) | Date of transaction: | 24 February 2020 | ||||||||
f) | Place of transaction | Outside a trading venue | ||||||||