Last checked at 2 May 2023 14:25
This announcement contains inside information for the purposes of Article 7 of EU Regulation No. 596/2014, which forms part of United Kingdom domestic law by virtue of the European Union (Withdrawal) Act 2018 (as amended).
2 May 2023
Ferro-Alloy Resources Limited
("Ferro-Alloy" or "the Company")
Director Share Purchase
Ferro-Alloy Resources Limited (LSE:FAR), the vanadium producer and developer of the large Balasausqandiq vanadium deposit in Southern Kazakhstan, is pleased to announce it has been informed that on 2 May 2023, Nicholas Bridgen, CEO, purchased 6,400,000 ordinary shares in the Company at a price of 10.15p per ordinary share. Following this purchase Mr Bridgen has a beneficial interest of 59,472,133 shares representing 13.22% of the issued share capital of the Company.
- Ends -
For further information, visit www.ferro-alloy.com or contact:
Ferro-Alloy Resources Limited | Nick Bridgen (CEO) / William Callewaert (CFO)
| info@ferro-alloy.com
|
Shore Capital (Joint Corporate Broker) Liberum Capital Limited (Joint Corporate Broker) | Toby Gibbs/John More
Scott Mathieson/William King
| +44 207 408 4090
+44 20 3100 2000
|
St Brides Partners Limited (Financial PR & IR Adviser) | Catherine Leftley/Ana Ribeiro | +44 207 236 1177 |
Details of the full notifications received by the Company are set out below:
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
| Nicholas Bridgen | |||
2
| Reason for the notification
| ||||
a)
| Position/status
| CEO of Ferro-Alloy Resources Limited
| |||
b)
| Initial notification /Amendment
| Initial notification | |||
3
| Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
| ||||
a)
| Name
| FERRO-ALLOY RESOURCES LIMITED
| |||
b)
| LEI
| 2138003T5CF6U9W7Z780 | |||
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 | |||
Identification code | GG00BGDYDZ69 | ||||
b)
| Nature of the transaction
| Off market purchase of shares | |||
c)
| Price(s) and volume(s) | ||||
Price(s) | Volume(s) | ||||
10.15p | 6,400,000 | ||||
d)
| Aggregated information | ||||
- Aggregated volume | N/A Single transaction | ||||
- Price | |||||
e)
| Date of the transaction
| 2 MAY 2023 | |||
f)
| Place of the transaction
| Outside a trading venue | |||