Last checked at 17 May 2023 07:00
GreenRoc Mining plc / EPIC: GROC / Market: AIM / Sector: Mining
17 May2023
GreenRoc Mining plc
("GreenRoc" or the "Company")
Director Dealing
GreenRoc Mining Plc (AIM: GROC), a company focused on the development of critical mineral projects in Greenland, announces that Lars Brünner, a Director of the Company, and Marie Leer Jørgensen, spouse of and person closely associated to Stefan Bernstein, CEO of GreenRoc, have purchased ordinary shares in the Company as shown below.
Director | Total number of Ordinary Shares purchased | Price per Ordinary Share | Number of Ordinary Shares held following the purchase | % of issued share capital of the Company |
Lars Brünner | 125,000 | 4.60 pence | 125,000 | 0.09% |
Marie Leer Jørgensen
| 130,000 | 4.60 pence | 1,220,000* | 0.91%* |
* This total represents the aggregate holding of Marie Leer Jørgensen and Stefan Bernstein following the transaction.
PDMR forms in respect of these dealings are set out below.
This announcement contains inside information for the purposes of Article 7 of EU Regulation 596/2014 (which forms part of domestic UK law pursuant to the European Union (Withdrawal) Act 2018).
The Directors of the Company accept responsibility for the content of this announcement.
**ENDS**
For further information, please contact:
GreenRoc Mining plc Stefan Bernstein, CEO
| +44 20 3950 0724
|
Cairn Financial Advisers LLP (Nomad) James Caithie / Sandy Jamieson / Louise O'Driscoll
| +44 20 7213 0880
|
SP Angel (Broker) Ewan Leggat, Charlie Bouverat
| +44 20 3470 0500 |
St Brides Partners Ltd (Financial PR & IR) Susie Geliher / Paul Dulieu / Isabelle Morris
| +44 20 7236 1177 |
About GreenRoc
GreenRoc Mining plc is an AIM-quoted company which is developing mining projects in Greenland in critical, high-demand and high-value minerals.
Led by a group of highly experienced mining industry professionals, GreenRoc has a portfolio of 100% owned projects all of which have defined Resources:
· Amitsoq Graphite Project, one of the highest-grade graphite deposits in the world with a combined Measured, Indicated and Inferred JORC Resource of 23.05 million tonnes (Mt) at an average grade of 20.41% graphite, giving a total graphite content of 4.71 Mt;
· Thule Black Sands Ilmenite Project ('TBS'), which has an initial Mineral Resource of 19Mt at 43.6% Total Heavy Minerals with an in-situ ilmenite grade of 8.9%; and
· Melville Bay Iron Project, which has a Mineral Resource Estimate of 67Mt at 31.4% iron and has been proven to be processable to a high-grade, 70% concentrate with low impurities.
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 | Mr Lars Brünner | ||||||
2 | Reason for notification |
| ||||||
a. | Position/Status | Director | ||||||
b. | Initial notification/ Amendment | Initial notification | ||||||
3 | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | |||||||
a. | Name | GreenRoc Mining Plc | ||||||
b. | LEI |
213800OAVF2KQAD11380
| ||||||
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 £0.001 each
GB00BLD3C518
| ||||||
b. | Nature of the transaction | Purchase of Ordinary shares of £0.001 each | ||||||
c. | Price(s) and volume(s) | |||||||
Price(s) | Volume(s) | |||||||
4.60 pence | 125,000 | |||||||
d. | Aggregated information
|
125,000 shares at 4.60 pence per share | ||||||
e. | Date of the transaction | 15 May 2023 | ||||||
f. | Place of the transaction | London, UK | ||||||
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 | Marie Leer Jørgensen | ||||||
2 | Reason for notification |
| ||||||
a. | Position/Status | Wife of Director | ||||||
b. | Initial notification/ Amendment | Initial notification | ||||||
3 | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | |||||||
a. | Name | GreenRoc Mining Plc | ||||||
b. | LEI |
213800OAVF2KQAD11380
| ||||||
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 £0.001 each
GB00BLD3C518
| ||||||
b. | Nature of the transaction | Purchase of Ordinary shares of £0.001 each | ||||||
c. | Price(s) and volume(s) | |||||||
Price(s) | Volume(s) | |||||||
4.60 pence | 130,000 | |||||||
d. | Aggregated information
|
130,000 shares at 4.60 pence per share | ||||||
e. | Date of the transaction | 15 May 2023 | ||||||
f. | Place of the transaction | London, UK | ||||||