Last checked at 4 Jan 2021 10:00
Bluejay Mining plc / EPIC: JAY / Market: AIM / Sector: Mining
4 January 2021
Bluejay Mining plc
('Bluejay' or the 'Company')
Director Dealing
Bluejay Mining plc, the AIM and FSE listed, and OCTQB traded, exploration and development company with projects in Greenland and Finland, announces that it was notified that on the 31st December 2020, Mr Roderick McIllree, Chief Executive Officer of the Company, sold 20,000,000 ordinary shares of 0.01 pence each in the share capital of the Company ("Ordinary Shares"). The shares were sold at 14.5 pence per share, a 2.225 pence premium to the closing day's price of 12.275, to a single entity via an off-market transaction.
Following this sale, Mr. McIllree's shareholding in the Company will be 74,677,778 Ordinary Shares, representing 7.69% of the Company's issued share capital. Mr McIllree has advised he does not expect to make any further sales of his holding.
The purchasing entity has also expressed an interest in acquiring further shares "on market" during 2021.
Further details on the sale are included in the notification below.
For further information please visit http://www.bluejaymining.com or contact:
Roderick McIllree | Bluejay Mining plc | +44 (0) 20 7907 9326 |
Kevin Sheil | Bluejay Mining plc | +44 (0) 20 7907 9326 |
Ewan Leggat | SP Angel Corporate Finance LLP (Nominated Adviser) | +44 (0) 20 3470 0470 |
Adam Cowl | SP Angel Corporate Finance LLP (Nominated Adviser) | +44 (0) 20 3470 0470 |
Andrew Chubb | Hannam & Partners (Advisory) LLP | +44 (0) 20 7907 8500 |
Tim Blythe | Blytheweigh | +44 (0) 20 7138 3205 |
Megan Ray | Blytheweigh | +44 (0) 20 7138 3205 |
1
| Details of the person discharging managerial responsibilities / person closely associated
| ||||
a)
| Name
| Roderick McIllree | |||
2
| Reason for the notification
| ||||
a)
| Position/status
| Director, Chief Executive Officer | |||
b)
| Initial notification /Amendment
| Initial notification | |||
3
| Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
| ||||
a)
| Name
| Bluejay Mining plc | |||
b)
| LEI
| 213800E9AEFEHFLOVJ19
| |||
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 of 0.01 pence each | |||
Identification code | GB00BGKPX309 | ||||
b)
| Nature of the transaction
| Sale of Ordinary Shares | |||
c)
| Price(s) and volume(s) | ||||
Price(s) | Volume(s) | ||||
14.5p | 20,000,000 | ||||
d)
| Aggregated information | ||||
- Aggregated volume | 20,000,000 | ||||
- Price | 14.5p | ||||
e)
| Date of the transaction
| 31 December 2020 | |||
f)
| Place of the transaction
| Outside a trading venue | |||