9 Nov 2016 07:00
HIGHLAND GOLD MINING LIMITED
09 November 2016
Director/PDMR Shareholding
Highland Gold Mining Limited ("Highland Gold" or the "Company") has been informed that the persons behind its largest shareholder, Primerod International Limited, have reorganised and simplified their indirect holdings in the Company by exchanging their shares in Primerod for their pro rata shareholding in Highland Gold.
Executive Chairman Eugene Shvidler and Non-Executive Director Valery Oyf, the latter via Matteson Overseas Limited, were among the recipients of Highland Gold shares as a result of this exchange. Messrs Shvidler and Oyf no longer hold any shares in the Company via Primerod.
The former and current distribution of shares are as follows:
Shareholder | Direct shareholding prior to the exchange
| Shareholding via Primerod prior to the exchange | Current direct shareholding |
(number of shares, percentage of share capital) | |||
Primerod International Limited | 104 080 000 32.00% | n.a. | 26 025 310 8.00% |
Eugene Shvidler | 36 916 144 11.35% | 3 937 516 1.21% | 40 853 660 12.56% |
Denalot Worldwide Limited | n.a. | 32 519 690 9.99% | 32 519 690 9.99% |
Erlinad Holdings Limited | 310 622 0.10% | 14 390 653 4.43% | 14 701 275 4.52% |
Matteson Overseas Limited | 310 622 0.10% | 14 196 831 4.37% | 14 507 453 4.46% |
New Evolution Trading Limited | 310 622 0.10% | 6 505 000 2.00% | 6 815 622 2.10% |
Frazar Worldwide Holdings Ltd. | n.a. | 6 505 000 2.00% | 6 505 000 2.00% |
Total | 141 928 010 43.64% | 141 928 010 43.64% | |
All of the above parties have agreed to be bound by the terms of the relationship agreement with Highland Gold entered into at the time of the original subscription by Primerod.
The total number of Highland Gold ordinary shares in issue remains unchanged at 325,222,098.
FOR FURTHER INFORMATION PLEASE CONTACT:
Highland Gold | John Mann, Head of Communications+ 7 495 424 95 21Duncan Baxter, Non-Executive Director+ 44 (0) 1534 814 202 |
Numis Securities Limited(Nominated Adviser and Broker) | John Prior, James Black Paul Gillam +44 (0) 207 260 1000
|
Peat & Co(Joint Broker) | Charlie Peat+44 (0) 207 104 2334 |
***
HIGHLAND GOLD MINING LIMITED
DIRECTORS' DEALINGS IN SECURITIES
DEALING NOTIFICATION FORM
FOR USE BY PERSONS DISCHARGING MANAGERIAL
RESPONSIBILITY AND THEIR CLOSELY ASSOCIATED PERSONS
1. | Details of the person discharging managerial responsibilities/person closely associated | |||||
a) | Name: | Eugene Shvidler
| ||||
2. | Reason for the notification | |||||
a) | Position/status: | Executive Chairman | ||||
b) | Initial notification/Amendment: | Initial notification
| ||||
3. | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | |||||
a) | Company name: | Highland Gold Mining Ltd. | ||||
b) | LEI: | Not applicable
| ||||
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 1p each
GB0032360173 | ||||
b) | Nature of the transaction: | Acquisition of ordinary shares | ||||
c) |
| |||||
d) | Aggregated information: |
| ||||
e) | Date of the transaction: | 08 November 2016 | ||||
f) | Place of the transaction: | Outside a trading venue | ||||
HIGHLAND GOLD MINING LIMITED
DIRECTORS' DEALINGS IN SECURITIES
DEALING NOTIFICATION FORM
FOR USE BY PERSONS DISCHARGING MANAGERIAL
RESPONSIBILITY AND THEIR CLOSELY ASSOCIATED PERSONS
1. | Details of the person discharging managerial responsibilities/person closely associated | |||||
a) | Name: | Valery Oyf
| ||||
2. | Reason for the 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) | Company name: | Highland Gold Mining Ltd. | ||||
b) | LEI: | Not applicable
| ||||
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 1p each
GB0032360173 | ||||
b) | Nature of the transaction: | Acquisition of ordinary shares | ||||
c) |
| |||||
d) | Aggregated information: |
| ||||
e) | Date of the transaction: | 08 November 2016 | ||||
f) | Place of the transaction: | Outside a trading venue | ||||