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4 Feb 2020 07:00
Jangada Mines plc / EPIC: JAN.L / Market: AIM / Sector: Mining
4 February 2020
Jangada Mines plc ('Jangada' or the 'Company')
Director Share Purchase
Jangada Mines plc ("Jangada" or "the Company"), a natural resources company, is pleased to announce that it was notified on 3 February 2020 that Executive Chairman Brian McMaster and Non-Executive Director Luis Azevedo have each purchased 1.4 million ordinary shares in the share capital of the Company ("Ordinary Shares") at a price of 1.8p in an off-market transaction.
Following this purchase, Mr McMaster's total beneficial ownership in the Company is 55,244,467, which represents 23.3% of the Company's issued share capital. Mr Azevedo's total beneficial ownership in the Company is 54,066,667, which represents 22.8% of the Company's issued share capital.
This announcement contains inside information for the purposes of Article 7 of EU Regulation 596/2014. Upon the publication of this announcement, this inside information is now considered to be in the public domain.
ENDS
For further information please visit www.jangadamines.com or contact:
Jangada Mines plc | Brian McMaster (Chairman) | Tel: +44 (0) 20 7317 6629 |
Strand Hanson Limited (Nominated & Financial Adviser) | James Spinney Ritchie Balmer Jack Botros | Tel: +44 (0)20 7409 3494 |
Brandon Hill Capital (Broker) | Jonathan Evans Oliver Stansfield | Tel: +44 (0)20 3463 5000 |
St Brides Partners Ltd (Financial PR) | Charlotte Page
| Tel: +44 (0)20 7236 1177 |
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