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Director/PDMR Shareholding

20 Sep 2018 14:24

RNS Number : 4463B
Rainbow Rare Earths Limited
20 September 2018
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20 September 2018

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Rainbow Rare Earths Limited("Rainbow" or the "Company")

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Director/PDMR Shareholding

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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.

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The net effect of these transactions leaves both individuals' overall shareholdings unchanged.

For further information, please contact:

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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

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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

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Identification code

Ordinary Shares of No Par Value

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GG00BD59ZW98

b)

Nature of the transaction

Disposal and Purchase of Shares of No Par Value

c)

Price(s) and volume(s)

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Price(s)

Volume(s)

Β£0.1130

176,889 - Disposed

Β£0.1130

176,889 - Purchased

d)

Aggregated information

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- Aggregated volume

- Price

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Β 

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As above

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e)

Date of the transaction

2018-09-19

f)

Place of the transaction

Outside of a trading venue

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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

Β 

Identification code

Ordinary Shares of No Par Value

Β 

Β 

GG00BD59ZW98

b)

Nature of the transaction

Disposal and Purchase of Shares of No Par Value

c)

Price(s) and volume(s)

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Price(s)

Volume(s)

Β£0.1110

58,333 - Disposed

Β£0.1116

58,333 - Purchased

d)

Aggregated information

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- Aggregated volume

- Price

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Β 

Β 

As above

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e)

Date of the transaction

2018-09-19

f)

Place of the transaction

Outside of a trading venue

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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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