Last checked at 2 Nov 2022 10:21
THIS ANNOUNCEMENT CONTAINS INSIDE INFORMATION FOR THE PURPOSES OF ARTICLE 7 OF REGULATION 2014/596/EU WHICH IS PART OF DOMESTIC UK LAW PURSUANT TO THE MARKET ABUSE (AMENDMENT) (EU EXIT) REGULATIONS (SI 2019/310) ("UK MAR"). UPON THE PUBLICATION OF THIS ANNOUNCEMENT, THIS INSIDE INFORMATION (AS DEFINED IN UK MAR) IS NOW CONSIDERED TO BE IN THE PUBLIC DOMAIN.
2 November 2022
METALNRG plc
("MetalNRG" or the "Company")
Director's Dealing
MetalNRG (LON:MNRG), the natural resources and energy investment company, announces that it has been notified by Rolf Gerritsen, MetalNRG's CEO, that he has purchased
5,283,716 ordinary shares of 0.01p each in the capital of the Company ("Ordinary Shares") at prices of 0.81p and 0.817p.
Following the share purchases, Rolf Gerritsen's shareholding is as follows:
Director | Ordinary Shares prior to the share purchases | % of ISC | Ordinary Shares purchased | Ordinary Shares post the share purchase | % of ISC |
Rolf Gerritsen | 25,427,840 | 2.06% | 5,283,716
| 30,711,556 | 2.49% |
Notification and public disclosure of transactions by persons discharging managerial responsibilities and persons closely associated with them.
1. | Details of PDMR / person closely associated | |||||
a) | Name | Rolf Gerritsen | ||||
2. | Reason for the notification | |||||
a) | Position / status | Chief Executive Officer
| ||||
b) | Initial notification /amendment | Initial notification | ||||
3. | Details of the issuer | |||||
a) | Name | MetalNRG plc | ||||
b) | LEI | 2138003C24H79U5QZH21 | ||||
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 | Ordinary Shares of nominal value 0.01 pence each | ||||
b) | Identification code of the Financial Instrument | ISIN for MetalNRG plc: GB00B15FS791 | ||||
c) | Nature of the transaction | Purchase of Ordinary Shares in MetalNRG plc
| ||||
d) | Price(s) and volume(s) |
| ||||
e) | Aggregated information - Aggregated volume - Price - Aggregated value |
5,283,716 £0.000816 £4,312.59
| ||||
f) | Date of the transaction | 28 October 2022 | ||||
g) | Place of the transaction | LONDON | ||||
The release of this information was arranged by Rolf Gerritsen, Chief Executive Officer.
Contact details:
METALNRG plcChristopher Latilla-Campbell | +44 (0) 20 7796 9060 |
Corporate AdviserPETERHOUSE CAPITAL LIMITEDLucy Williams/Duncan Vasey | +44 (0) 20 7469 0930 |
Corporate BrokerSI CAPITAL LIMITEDNick Emerson | +44 (0) 1483 413500 |