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Director / PDMR Dealing

Mon, 27th Apr 2020 13:02

RNS Number : 9964K
Egdon Resources PLC
27 April 2020
 

 

EGDON RESOURCES PLC

("Egdon" or "the Company")

Director / PDMR Dealing

 

Egdon Resources plc (AIM:EDR) announces that on 24 April 2020, Mark Abbott, Walter Roberts and Tim Davies, all Directors of the Company, acquired shares as detailed below as part of the second tranche of the Subscription announced on 14 April 2020 at a price of 2p per share..

Director

Subscription Shares

Resultant shareholding

Percentage %

on admission

Mark Abbott

2,500,000

11,892,617

3.62

Tim Davies

50,000

50,000

0.02

Walter Roberts

250,000

1,224,129

0.37

 

The new shares are expected to be admitted to AIM on or around 1 May 2020.

For further information please contact:

Egdon Resources plc

Mark Abbott / Martin Durham 01256 702 292

 

Buchanan

Ben Romney, Chris Judd, James Husband 020 7466 5000

 

Nominated Adviser and Joint Broker - Cantor Fitzgerald Europe

David Porter/ Rick Thompson (Corporate Finance) 020 7894 7000

Caspar Shand Kydd (Sales)

 

Joint Broker - VSA Capital Limited

Andrew Monk (Corporate Broking) 020 3005 5000

Andrew Raca (Corporate Finance)

 

Notification of a Transaction pursuant to Article 19(1) of Regulation (EU) No. 596/2014

1

Details of the person discharging managerial responsibilities/person closely associated

a.

Name

Mark Abbott

2

Reason for notification

 

a.

Position/Status

Managing Director

b.

Initial notification/

Amendment

Initial Notification

3

Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor

a.

Name

Egdon Resources plc

b.

LEI

213800WWGH4S9GYSPL77

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 instrumentIdentification Code

Ordinary shares of 1 pence each 

ISIN: GB00B28YML29

b.

Nature of the transaction

 Purchase of Ordinary Shares

c.

Price(s) and volume(s)

 

 

 

 

 

 

Price(s) per share

Volume(s)

 

2 pence

2,500,000

 

e.

Date of the transaction

24 April 2020

f.

Place of the transaction

London Stock Exchange

 

Notification of a Transaction pursuant to Article 19(1) of Regulation (EU) No. 596/2014

1

Details of the person discharging managerial responsibilities/person closely associated

a.

Name

Walter Roberts

2

Reason for 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

Egdon Resources plc

b.

LEI

213800WWGH4S9GYSPL77

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 instrumentIdentification Code

Ordinary shares of 1 pence each 

ISIN: GB00B28YML29

b.

Nature of the transaction

 Purchase of Ordinary Shares

c.

Price(s) and volume(s)

 

 

 

 

 

 

Price(s) per share

Volume(s)

 

2 pence

250,000

 

e.

Date of the transaction

24 April 2020

f.

Place of the transaction

London Stock Exchange

 

Notification of a Transaction pursuant to Article 19(1) of Regulation (EU) No. 596/2014

1

Details of the person discharging managerial responsibilities/person closely associated

a.

Name

Tim Davies

2

Reason for 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

Egdon Resources plc

b.

LEI

213800WWGH4S9GYSPL77

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 instrumentIdentification Code

Ordinary shares of 1 pence each 

ISIN: GB00B28YML29

b.

Nature of the transaction

 Purchase of Ordinary Shares

c.

Price(s) and volume(s)

 

 

 

 

 

 

Price(s) per share

Volume(s)

 

2 pence

50,000

 

e.

Date of the transaction

24 April 2020

f.

Place of the transaction

London Stock Exchange

 

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.
 
END
 
 
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