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Director Share Purchases

11 Apr 2022 11:14

RNS Number : 9680H
Cadence Minerals PLC
11 April 2022
 

Cadence Minerals Plc

("Cadence Minerals", "Cadence" or "the Company")

 

Director Share Purchases

 

Cadence (AIM:KDNC), the mining investment company, announces that on the 8 April the following director purchased ordinary shares in the Company.

 

Director

Position

Number of ordinary shares acquired

Price paid per share (£)

Kiran Morzaria

Director & CEO

54,422

0.1837

 

After this acquisition and the transfer of the Employee Benefit Trust ("EBT") shares under the 2021 share incentive scheme which vested and were announced on the 30 June 2021 and 14 January 2022 , the total notifiable share interest in the Company for the directors is as follows

 

Director

Position

Total holding of ordinary shares

Kiran Morzaria

Director & CEO

1,326,422

Donald Strang

Finance Director

957,545

Andrew Suckling

Non-Executive Chairman

381,602

Adrian Fairbourn

Non-Executive Director

731,005

 

- Ends -

 

For further information:

Cadence Minerals plc

+44 (0) 7879 584153

Andrew Suckling

Kiran Morzaria

WH Ireland Limited (NOMAD & Broker)

+44 (0) 207 220 1666

James Joyce

Darshan Patel

Novum Securities Limited (Joint Broker)

+44 (0) 207 399 9400

Jon Belliss

 

 NOTIFICATION AND PUBLIC DISCLOSURE OF TRANSACTIONS BY PERSONS DISCHARGING MANAGERIAL RESPONSIBILITIES AND PERSONS CLOSELY ASSOCIATED WITH THEM

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

 

Identification code

Ordinary Share

 

 

GB00B067JC96

b)

Nature of the transaction

Share Purchase, Share Incentive Scheme

c)

Price(s) and volume(s)

Price(s)

Volume(s)

0.1837

54,422

0.183

160,000

d)

Aggregated information

- Aggregated volume

- Price

 

214,422

0.1831

e)

Date of the transaction

08/04/2022

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

 

Identification code

Ordinary Share

 

 

GB00B067JC96

b)

Nature of the transaction

Share Incentive Scheme

c)

Price(s) and volume(s)

Price(s)

Volume(s)

0.183

160,000

d)

Aggregated information

- Aggregated volume

- Price

 

160,000

0.183

e)

Date of the transaction

08/04/2022

f)

Place of the transaction

XLON, AIM

 

1

Details of the person discharging managerial responsibilities/person closely associated

a)

Name

Andrew Suckling

2

Reason for the notification

a)

Position/status

Non-Executive Chairman

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

 

Identification code

Ordinary Share

 

 

GB00B067JC96

b)

Nature of the transaction

Share Incentive Scheme

c)

Price(s) and volume(s)

Price(s)

Volume(s)

0.183

160,000

d)

Aggregated information

- Aggregated volume

- Price

 

160,000

0.183

e)

Date of the transaction

08/04/2022

f)

Place of the transaction

XLON, AIM

 

1

Details of the person discharging managerial responsibilities/person closely associated

a)

Name

Adrian Fairbourn

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)

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

 

Identification code

Ordinary Share

 

 

GB00B067JC96

b)

Nature of the transaction

Share Incentive Scheme

c)

Price(s) and volume(s)

Price(s)

Volume(s)

0.183

160,000

d)

Aggregated information

- Aggregated volume

- Price

 

160,000

0.183

e)

Date of the transaction

08/04/2022

f)

Place of the transaction

XLON, AIM

 

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.
 
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