7 Mar 2016 14:21
Metal Tiger Plc
07 March 2016
Metal Tiger Plc
("Metal Tiger" or the "Company")
DIRECTOR SHARE PURCHASE
Metal Tiger plc (LON:MTR) the London Stock Exchange AIM listed investor in strategic natural resource projects, announces that the Company has been notified that on Monday 7th March 2016 Michelle Johnson, wife of Paul Johnson, Chief Executive Officer of Metal Tiger, purchased through the market 500,000 ordinary shares of 0.01 pence in the Company ("Ordinary Shares") at an average price of 1.25 pence per share. This transaction requires disclosure as Mrs Johnson is a related party to Paul Johnson and any shares purchased must be added to Mr Johnson's holding for disclosure purposes.
Following this transaction, Paul Johnson has a beneficial interest in 8,500,000 Ordinary Shares and Michelle Johnson 500,000 Ordinary Shares which together total 9,000,000 shares and represent 2.0% of the issued share capital of the Company.
Listed below is a summary of the director transactions undertaken in Metal Tiger plc to date and the current shareholdings of all board members.
Director Transactions in Metal Tiger plc July 2014 to March 2016:
Date | Director | Trade Type | Description | No. Shares | Price Paid (p) | Amount (£) |
07.03.16 04.03.16 | Paul Johnson Paul Johnson | Spouse - Buy Buy | On Market On Market | 500,000 705,000 | 1.25 1.17 | 6,250 8,250 |
16.12.15 | Paul Johnson | Buy | On Market | 500,000 | 0.83 | 4,150 |
14.12.15 | Terry Grammer | Buy | Placing | 30,000,000 | 0.80 | 240,000 |
10.07.15 | Cameron Parry | Buy | Option Exercise | 2,500,000 | 1.00 | 25,000 |
10.07.15 | Paul Johnson | Buy | Option Exercise | 1,670,000 | 1.00 | 16,700 |
10.07.15 | Alex Borrelli | Buy | Option Exercise | 500,000 | 1.00 | 5,000 |
06.07.15 | Paul Johnson | Buy | On Market | 1,500,000 | 0.97 | 14,500 |
29.12.14 | Paul Johnson | Buy | On Market | 250,000 | 0.98 | 2,440 |
15.12.14 | Paul Johnson | Buy | On Market | 375,000 | 0.85 | 3,188 |
18.07.14 | Paul Johnson | Buy | Off Market | 3,500,000 | 0.50 | 17,500 |
18.07.14 | Alex Borrelli | Buy | Off Market | 2,500,000 | 0.50 | 12,500 |
Total | 44,500,000 | 355,478 |
Director Shareholdings in Metal Tiger plc at 7th March 2016:
Amount | ||||||
% of Issued | Invested | |||||
Director | Shares Held | Share Capital | Since July 2014 | |||
Terry Grammer (Chairman) | 30,000,000 | 6.78% | £240,000 | |||
Paul Johnson (CEO) | 9,000,000 | 2.00% | £72,978
| |||
Cameron Parry (NED) | 2,500,000 | 0.56% | £25,000 | |||
Alex Borrelli (NED) | 5,400,000 | 1.22% | £17,500 | |||
For further information on the Company, visit: www.metaltigerplc.com:
Paul Johnson (Chief Executive Officer) | Tel: +44 (0)7766 465 617 | |
Terry Grammer (Non- Executive Chairman) | Tel: +44 (0)207 099 0738 | |
Sean Wyndham-Quin Neil Baldwin Nick Emerson Andy Thacker | Spark Advisory Partners Limited (Nominated Adviser) SI Capital (Sole Broker)
| Tel: +44 (0) 2033 683 555 www.sparkadvisorypartners.com Tel: +44 (0) 1483 413 500 |
Notes to Editors:
Metal Tiger plc is listed on the London Stock Exchange AIM Market ("AIM") with the trading code MTR and invests in high potential mineral projects with a precious and strategic metals focus.
The Company's target is to deliver a very high return for shareholders by investing in significantly undervalued and/or high potential opportunities in the mineral exploration and development sector timed to coincide, where possible, with a cyclical recovery in the exploration and mining markets. The Company's key strategic objective is to ensure the distribution to shareholders of major returns achieved from disposals.
Metal Tiger's Metal Projects Division is focused on the development of its key project interests in Botswana, Spain and Thailand. In Botswana Metal Tiger has a growing interest in the large and highly prospective Kalahari copper/silver belt. In Spain Metal Tiger the Company has tungsten and gold interests in the highly mineralised Extremadura region. In Thailand Metal Tiger has expanding interests over licences, applications and critical historical data covering antimony, copper, gold, silver, lead and zinc opportunities.
The Company has access to a diverse pipeline of new opportunities focused on the natural resource sector including physical resource projects, new natural resource centred technologies and resource sector related fintech opportunities. Pipeline projects deemed commercially may be undertaken by Metal Tiger or by an ISDX or AIM partner with whom the Company is engaged.
Metal Tiger also has an Asset Trading Division that holds various financial instruments for trading purposes including equities, warrants and royalty income. The aim of the division is to generate profits to reinvest into the Company's project based activities.