Last checked at 2 Feb 2022 12:48
MINERAL AND FINANCIAL INVESTMENTS LIMITED
Exercise of Options, PDMR Dealings and Total Voting Rights
George Town, Cayman Islands - 2 February 2022 - The Board of Mineral and Financial Investments Limited (LSE-AIM: MAFL) ("M&FI" or the "Company") confirms that it has today issued, conditional only on admission, 330,000 new ordinary shares of 1p each in the Company. (the "New Shares"). These New Shares have been issued pursuant to an exercise of options over ordinary shares in the the Company at a price of 7.5p each.
The Company confirms that application has been made to the London Stock Exchange for the admission of the New Shares to trading on AIM. Admission is expected to take place on or around 8 February, 2022.
The options were held by PDMRs and associated PCAs and the details are set out below:
Name | Role | Original shareholding | Number of New Shares | Total New shareholding | Total New percentage holding |
Mount Everest Finance SA ("MEF") | 100% owned PCA of Jacques Vaillancourt, CEO | 6,664,000 | 230,000 | 6,894,000 | 19.44% |
Sean Keenan
| Non-Executive Director | 0 | 100,000 | 100,000 | 0.28% |
Disclosure and Transparency Rules
Following the admission of the New Shares, the total number of ordinary shares of 1p each in the capital of the Company in issue will be 35,465,395, with each share carrying the right to one vote. The figure of 35,465,395 may be used by shareholders in the Company as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change to their interest in, the share capital of the Company under the Disclosure and Transparency Rules.
FOR MORE INFORMATION:
Jacques Vaillancourt - Mineral & Financial Investments Ltd. +44 780 226 8247
Katy Mitchell and Ben Good - WH Ireland Limited +44 207 220 1666
Jon Belliss - Beaufort Securities Limited +44 207 382 8300
Dominic Baretto - Yellow Jersey PR Limited +44 203 004 9512
TRANSACTION 1
1 | Details of the person closely associated | |||||
a) | Name | Mount Everest Finance SA | ||||
2 | Reason for notification | |||||
a) | Position / status | PCA of Jacques Vaillancourt, CEO of the Company | ||||
b) | Initial notification /Amendment | Initial Notification | ||||
3 | Details of the issuer, emission allowance market participant, auctionplatform, auctioneer or auction monitor | |||||
a) | Name | Mineral and Financial Investments Limited | ||||
b) | LEI | 2138202XJN3E3OTYDCH82 | ||||
4 | Details of the transaction(s): section to be repeated for (i) each type ofinstrument; (ii) each type of transaction; (iii) each date; and (iv) eachplace where transactions have been conducted | |||||
a) | Description of the financial instrument, type of instrument Identification code | Ordinary shares of 1 pence ISIN KYG6181G1055 | ||||
Nature of the transaction | Exercise of Options | |||||
c) | Price(s) and volumes(s) |
| ||||
d) | Aggregated information - Volume - price |
230,000 7.5p | ||||
e) | Date of the transaction | January 31, 2022 | ||||
f) | Place of the transaction | London Stock Exchange (XLON) | ||||
TRANSACTION 2
1 | Details of the person discharging managerial responsibilities | |||||
a) | Name | Sean Keenan | ||||
2 | Reason for 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 | Mineral and Financial Investments Limited | ||||
b) | LEI | 2138202XJN3E3OTYDCH82 | ||||
4 | Details of the transaction(s): section to be repeated for (i) each type ofinstrument; (ii) each type of transaction; (iii) each date; and (iv) eachplace where transactions have been conducted | |||||
a) | Description of the financial instrument, type of instrument Identification code | Ordinary shares of 1 pence each ISIN KYG6181G1055 | ||||
Nature of the transaction | Exercise of Options | |||||
c) | Price(s) and volumes(s) |
| ||||
d) | Aggregated information - Volume - price |
100,000 7.5p | ||||
e) | Date of the transaction | January 31, 2022 | ||||
f) | Place of the transaction | London Stock Exchange (XLON) | ||||