3 Jul 2019 14:57
Cadence Minerals Plc
("Cadence Minerals", "Cadence" or "the Company")
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Director Share Purchases
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The Company makes the following disclosures in relation to the participation of directors in the recent fundraising as announced on 27th June 2019 with title 'Placing to Raise Β£1.6 Million'.
Details of the Director purchases are contained in the table below.
Director | Position | Number of ordinary shares acquired | Β Price paid per share (pence) |
Kiran Morzaria | Director & CEO | 45,454,545 | 0.11 |
Donald Strang | Finance Director | 45,454,545 | 0.11 |
After these acquisitions, the total notifiable share interest in the Company for the directors is as follows
Director | Position | Β Total holding of ordinary shares |
Andrew Suckling | Non-Executive Chairman | 6,409,644 |
Kiran Morzaria | Director & CEO | 60,957,149 |
Donald Strang | Non-Executive Director | 58,554,545 |
Adrian Fairbourn | Finance Director | 13,600,539 |
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For further information:
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NOTIFICATION AND PUBLIC DISCLOSURE OF TRANSACTIONS BY PERSONS DISCHARGING MANAGERIAL RESPONSIBILITIES AND PERSONS CLOSELY ASSOCIATED WITH THEM
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1 | Details of the person discharging managerial responsibilities/person closely associated | ||||||
a) | Name | Kiran Morzaria | |||||
2 | Reason for the notification | ||||||
a) | Position/status | Director & CEO | |||||
b) | Initial notification/ Amendment | Initial notification | |||||
3 | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | ||||||
a) | Name | Cadence Minerals PLC | |||||
b) | LEI | 213800TUZWG9C2GRNO58 | |||||
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 Β Identification code | Ordinary Share Β Β Β GB00B067JC96 | |||||
b) | Nature of the transaction | Defined Directors Share Purchase Programme | |||||
c) | Price(s) and volume(s) |
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d) | Aggregated information - Aggregated volume - Price | Β 45,454,545 Β£0.0011 | |||||
e) | Date of the transaction | 02/07/2019 | |||||
f) | Place of the transaction | XLON, AIM | |||||
1 | Details of the person discharging managerial responsibilities/person closely associated | ||||||
a) | Name | Donald Strang | |||||
2 | Reason for the notification | ||||||
a) | Position/status | Finance Director | |||||
b) | Initial notification/ Amendment | Initial notification | |||||
3 | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | ||||||
a) | Name | Cadence Minerals PLC | |||||
b) | LEI | 213800TUZWG9C2GRNO58 | |||||
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 Β Identification code | Ordinary Share Β Β GB00B067JC96 | |||||
b) | Nature of the transaction | Defined Directors Share Purchase Programme | |||||
c) | Price(s) and volume(s) |
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d) | Aggregated information - Aggregated volume - Price | Β 45,454,545 Β£0.0011 | |||||
e) | Date of the transaction | 02/07/2019 | |||||
f) | Place of the transaction | XLON, AIM | |||||
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