Last checked at 20 Sep 2018 14:24
20 September 2018
Rainbow Rare Earths Limited("Rainbow" or the "Company")
Director/PDMR Shareholding
The Company announces that both Martin Eales (CEO) and Jim Wynn (CFO), both PDMRs in the Company, have effected share transactions, the purpose of which was to transfer shares previously held in certificated form into their share ISAs.
The net effect of these transactions leaves both individuals' overall shareholdings unchanged.
For further information, please contact:
Rainbow Rare Earths Ltd | Martin Eales | Tel: +44 (0) 20 3910 4550 |
Arden Partners plc | Paul Shackleton Benjamin Cryer | Tel: +44 (0) 20 7614 5900 |
St Brides Partners Ltd | Lottie Wadham Susie Geliher | Tel: +44 (0) 20 7236 1177 |
1. | Details of the person discharging managerial responsibilities / person closely associated | ||
a) | Name | Martin Eales | |
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 | Rainbow Rare Earths Limited | |
b) | LEI | 213800HONYSAXTG6KS11 | |
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 | Ordinary Shares of No Par Value
GG00BD59ZW98 | |
b) | Nature of the transaction | Disposal and Purchase of Shares of No Par Value | |
c) | Price(s) and volume(s)
| Price(s) | Volume(s) |
£0.1130 | 176,889 - Disposed | ||
£0.1130 | 176,889 - Purchased | ||
d) | Aggregated information
- Aggregated volume - Price
|
As above
| |
e) | Date of the transaction | 2018-09-19 | |
f) | Place of the transaction | Outside of a trading venue | |
1. | Details of the person discharging managerial responsibilities / person closely associated | ||
a) | Name | Jim Wynn | |
2. | Reason for the notification | ||
a) | Position/status | Chief Financial Officer | |
b) | Initial notification/Amendment | Initial notification | |
3. | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | ||
a) | Name | Rainbow Rare Earths Limited | |
b) | LEI | 213800HONYSAXTG6KS11 | |
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 | Ordinary Shares of No Par Value
GG00BD59ZW98 | |
b) | Nature of the transaction | Disposal and Purchase of Shares of No Par Value | |
c) | Price(s) and volume(s)
| Price(s) | Volume(s) |
£0.1110 | 58,333 - Disposed | ||
£0.1116 | 58,333 - Purchased | ||
d) | Aggregated information
- Aggregated volume - Price
|
As above
| |
e) | Date of the transaction | 2018-09-19 | |
f) | Place of the transaction | Outside of a trading venue | |