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Director Dealings

22 May 2019 16:17

RNS Number : 8980Z
Oriole Resources PLC
22 May 2019
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Oriole Resources Plc

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('Oriole' or 'the Company')

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Director's Dealings

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Oriole Resources PLC, the AIM-quoted exploration company focussed on West Africa, has today received notification that Tim Livesey, the Company's Chief Executive Officer and Bob Smeeton, its Chief Financial Officer, acquired ordinary shares of 0.1p each in the issued share capital of the Company ('Ordinary Shares') as set out below:

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Name

Number of Ordinary Shares Purchased

Weighted average price per Ordinary Share (p)

Resultant shareholding in the Company

Percentage of the issued share capital of the Company

Tim Livesey

1,568,569

0.318

6,315,369

0.9%

Bob Smeeton

1,572,327

0.318

3,572,327

0.5%

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The notifications shown below, made pursuant to Article 19(3) of the Market Abuse Regulation, provide further details.

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** ENDS **

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The information contained within this announcement is deemed by the Company to constitute inside information as stipulated under the Market Abuse Regulations (EU) No. 596/2014. Following the publication of this announcement, this inside information is now considered to be in the public domain.

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For further information please visitΒ www.orioleresources.com, Β @OrioleResources on Twitter,Β 

or contact:

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Oriole Resources Plc

Tel: +44 (0)20 830 9650

Tim Livesey / Bob Smeeton / Claire Bay

Blytheweigh (IR/PR Contact)

Tel: +44 (0)20 7138 3204

Tim Blythe / Megan Ray / Rachel Brooks

Grant Thornton UK LLP

Tel: +44 (0)20 7383 5100

Samantha Harrison / Ben Roberts / Niall McDonald

Hannam & Partners

Tel: +44 (0)20 7907 8500

Neil Passmore / Andrew Chubb

Turner Pope Investments (TPI) Limited

Tel: +44 (0)20 36214120

Ben Turner / James Pope / Andy Thacker

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Notes to Editors:

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Oriole Resources PLC is an AIM-listed exploration company, operating West Africa. It is focused on early-stage exploration in Cameroon (Bibemi and WapouzΓ© projects) and the more advanced Dalafin gold project in Senegal, where IAMGOLD has the option to spend US$8m to earn a 70% interest. Year 1 commitments have been met at all three projects. The Company has several interests and royalties in companies operating throughout Africa and Turkey that could deliver future cash flow, and it continues to assess new opportunities in both regions.

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Notification and public disclosure of transactions by persons discharging managerial responsibilities and persons closely associated with them

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1

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Details of the person discharging managerial responsibilities / person closely associated

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a)

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Name

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Β Timothy Livesey

2

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Reason for the notification

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a)

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Position/status

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Chief Executive Officer

b)

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Initial notification /Amendment

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Initial notification

3

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Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor

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a)

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Name

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Oriole Resources PLC

b)

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LEI

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213800X32GJR5AGAR511

4

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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

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a)

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Description of the financial instrument, type of instrument

Ordinary shares of 0.1 pence each in the capital of the Company

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Identification code

Ordinary share ISIN: GB00B0T29327

b)

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Nature of the transaction

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Purchase of ordinary shares

c)

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Price(s) and volume(s)

Price(s)

Volume(s)

0.318p

1,568,569

d)

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Aggregated information

- Aggregated volume

1,568,569 ordinary shares of 0.1 pence each purchased at 0.318 pence per ordinary share

- Price

e)

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Date of the transaction

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21 May 2019

f)

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Place of the transaction

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London Stock Exchange, AIM Market (XLON)

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1

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Details of the person discharging managerial responsibilities / person closely associated

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a)

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Name

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Β Robert Smeeton

2

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Reason for the notification

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a)

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Position/status

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Chief Financial Officer

b)

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Initial notification /Amendment

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Initial notification

3

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Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor

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a)

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Name

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Oriole Resources PLC

b)

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LEI

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213800X32GJR5AGAR511

4

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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

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a)

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Description of the financial instrument, type of instrument

Ordinary shares of 0.1 pence each in the capital of the Company

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Identification code

Ordinary share ISIN: GB00B0T29327

b)

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Nature of the transaction

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Purchase of ordinary shares

c)

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Price(s) and volume(s)

Price(s)

Volume(s)

0.318p

1,572,327

d)

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Aggregated information

- Aggregated volume

1,572,327 ordinary shares of 0.1 pence each purchased at 0.318 pence per ordinary share

- Price

e)

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Date of the transaction

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21 May 2019

f)

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Place of the transaction

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London Stock Exchange, AIM Market (XLON)

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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.
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END
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DSHPGUWGAUPBGAP
Date   Source Headline
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16th Dec 20247:00 amRNSUpdate on Maiden Drilling Programme at Mbe
28th Nov 20247:00 amRNSBibemi Phase 5 Drilling Programme Update
19th Nov 20247:00 amRNSMaiden Drilling Programme Commences at Mbe
13th Nov 202412:45 pmRNSDirectors Dealings
13th Nov 20247:00 amRNSIssue of Share Options & Directors Dealings
12th Nov 20247:00 amRNSMbe Exploration Update
24th Oct 20247:00 amRNSGold Mineralisation Identified at Gamboukou
17th Oct 20247:00 amRNSBibemi Licence Transfer & Corporate Restructuring
14th Oct 20247:00 amRNSBibemi Phase 5 Drilling Programme Update
30th Sep 20247:00 amRNSMbe Exploration Update: MB01-S trenching results
24th Sep 20241:57 pmRNSHolding(s) in Company
12th Sep 20247:00 amRNSBibemi Phase 5 Drilling Update
5th Sep 20247:00 amRNSInterim Results
3rd Sep 20247:00 amRNSMbe Exploration Update - MB01 Trenching Results
13th Aug 20247:00 amRNSNew Targets Identified from Soil Sampling at Mbe
7th Aug 20247:00 amRNSNew Mineralised Zone identified at Lawa West
17th Jul 20247:00 amRNSBibemi Project Exploration and Technical Update
1st Jul 20247:00 amRNSRenewal of Eastern CLP in Cameroon
24th Jun 20242:13 pmRNSResult of Annual General Meeting
13th Jun 20241:24 pmRNSDirector Dealing
11th Jun 20247:05 amRNSReceipt of US$80,000 from a legacy asset in Turkey
11th Jun 20247:00 amRNSCommencement of Phase 5 Drilling at Bibemi
5th Jun 20244:54 pmRNSDirector Dealing
4th Jun 20247:00 amRNSMbe Delivers Further High-Grade Gold Results
22nd May 20247:05 amRNSReceipt of US$220,000 from legacy asset in Turkey
22nd May 20247:00 amRNSPosting of Annual Report
1st May 20247:00 amRNSBoard Change and Appointment of CEO
30th Apr 20247:07 amRNSHolding(s) in Company
24th Apr 20247:00 amRNSMbe Exploration Update
8th Apr 20247:00 amRNSSenala Update: Licence Renewed for Second Term
28th Mar 20247:00 amRNSFinal Results and Notice of AGM
25th Mar 20247:00 amRNSBibemi Update: Phase 5 Drilling Programme
29th Feb 20243:50 pmRNSReceipt of Second Tranche of Mbe Signature Payment
26th Feb 20247:00 amRNSMbe Exploration Update
19th Feb 202412:26 pmRNSReplacement: Completion of Second Option Period
19th Feb 20247:00 amRNSCompletion of Second Option Period at Senala
31st Jan 20247:00 amRNSTotal Voting Rights
30th Jan 202410:32 amRNSReceipt of $500,000 towards Mbe Signature Payment
24th Jan 20247:00 amRNSExercise of Warrants and Total Voting Rights
22nd Jan 20241:08 pmRNSExercise of Warrants, Directors Dealings and TVR
22nd Jan 20247:00 amRNSSampling Results & Completion of DD at Mbe
19th Jan 20247:00 amRNSExecution of Mbe Conditional Earn-In Agreement
15th Jan 20247:00 amRNSUpdated JORC Resource for Bibemi Gold Project
8th Jan 202410:20 amRNSReceipt of US$450,000 Bibemi Signature Payment
5th Jan 20247:00 amRNSExecution of Bibemi Earn-In Agreement
2nd Jan 20247:00 amRNSCorporate Update
28th Dec 20234:19 pmRNSHolding(s) in Company
19th Dec 20233:57 pmRNSHolding(s) in Company
22nd Nov 202312:08 pmRNSInvestor Meetings

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