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Director Dealing

12 Jul 2017 11:01

RNS Number : 8462K
Phoenix Global Mining Ltd
12 July 2017
 

Phoenix Global Mining Ltd / Ticker: PGM / Sector: Mining

12 July 2017

 

Phoenix Global Mining Ltd

('Phoenix' or the 'Company')

Director Dealing

 

Phoenix Global Mining Ltd (AIM: PGM) has today been informed that Dennis Thomas, Chief Executive Officer of the Company, purchased 250,000 shares of nil par value each in the Company ("Shares") on 12 July 2017 at a price of 3.66p pence per share.

 

Following completion of the share purchase, Dennis Thomas holds 10,651,870 Shares representing 4.64 per cent. of the issued share capital and total voting rights of the Company.

 

Market Abuse Regulation (MAR) Disclosure

The information communicated in this announcement is inside information for the purposes of Article 7 of Regulation 596/2014

 

NOTIFICATION AND PUBLIC DISCLOSURE OF TRANSACTIONS BY PERSONS DISCHARGING MANAGERIAL RESPONSIBILITIES AND PERSONS CLOSELY ASSOCIATED WITH THEM:

 

1.

Details of the person discharging managerial responsibilities/person closely associated

a)

Name:

Dennis Thomas

2.

Reason for the notification

a)

Position/status:

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:

Phoenix Global Mining Ltd

b)

LEI:

2138006UWPZAB1A75680

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:

Identification code:

 

Shares of nil par value each

 

ISIN: VGG7060R1055

b)

Nature of the transaction:

Purchase of shares

c)

Price(s) and volume(s):

 

Price(s)

Volume(s)

 3.66 pence

250,000

 

d)

Aggregated information:

Aggregated volume:

Price:

Single transaction as in 4 c) above

Price(s)

Volume(s)

3.66 pence

250,000

 

e)

Date of the transaction:

12 July 2017

10.27am BST

f)

Place of the transaction:

AIM

 

 

**ENDS**

 

 

For further information please visit www.pgmining.com or contact:

Phoenix Global Mining Ltd

Dennis Thomas & Richard Wilkins

c/o St Brides Partners

+44 20 7236 1177

 

SP Angel (Nominated Advisor)

Lindsay Mair / Caroline Rowe

Tel: +44 20 3470 0470

Brandon Hill Capital (Broker)

Jonathan Evans / Oliver Stansfield/Robert Beenstock/ Alex Walker

Tel: +44 20 3463 5000

St Brides Partners (Financial PR)

Hugo de Salis / Charlotte Page

Tel: +44 20 7236 1177

 

This information is provided by RNS
The company news service from the London Stock Exchange
 
END
 
 
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