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Last checked at 
31 May 2018 15:00
31 May 2018
Keras Resources plc
("Keras" or the "Company")
Director dealings
Keras Resources Plc has been notified that Mr Russell Lamming, Chief Executive officer of the Company has purchased 4,000,000 ordinary shares of 0.1p each ("Ordinary Shares"). Further detail is provided below:
| Purchase price (p) | Number of Ordinary Shares Purchased | Beneficial interest in Ordinary Shares following purchase | % of Total Voting Rights in the Company following purchase* |
Russell Lamming1 | 0.35 | 4,000,000 | 60,219,9611 | 2.66%
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1 - These ordinary shares are held by the Clearwater Trust whose beneficiaries are members of Russell Lamming's family. | ||||
1
| Details of the person discharging managerial responsibilities / person closely associated
| ||||
a)
| Name
|
Russell Lamming | |||
2
| Reason for the notification
| ||||
a)
| Position/status
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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
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Keras Resources Plc
| |||
b)
| LEI
|
213800OZFKFM2N4R4F47 | |||
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 0.1p each | |||
|
| ||||
Identification code | ISIN: GB00B649J414 | ||||
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| ||||
b)
| Nature of the transaction
|
Acquisition of shares | |||
c)
| Price(s) and volume(s) |
|
|
|
|
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| Price(s) | Volume(s) |
| |
| 1. | 0.35p | 2,000,000 |
| |
| 2. | 0.35p | 2,000,000 |
| |
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|
| |
d)
| Aggregated information |
| |||
|
| ||||
- Aggregated volume | 4,000,000 | ||||
|
| ||||
- Price | 0.35p | ||||
|
| ||||
e)
| Date of the transaction
| 1. 30 May 2018 2. 31 May 2018 | |||
f)
| Place of the transaction
| XLON | |||
**ENDS**
This announcement contains inside information for the purposes of Article 7 of Regulation (EU) 596/2014.
For further information please visit www.kerasplc.com, follow us on Twitter @kerasplc or contact the following:
Russell Lamming
| Keras Resources plc | info@kerasplc.com
|
Nominated Adviser / Joint Broker Ewan Leggat / Charlie Bouverat
| SP Angel Corporate Finance LLP | +44 (0) 20 3470 0470
|
Financial PR Susie Geliher / Charlotte Page | St Brides Partners Ltd | +44 (0) 20 7236 1177 |
Notes
Keras Resources plc is focused on building a strategic portfolio of resource assets. The Company provides investors with exposure to a strategic portfolio of development assets, including manganese, cobalt and nickel in Togo, West Africa, and also has a significant interest in a highly prospective gold exploration and development portfolio in Australia.
Keras benefits from a highly skilled management team, which has extensive operational experience in Africa and Australia with proven success in advancing assets up the value curve.
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