Last checked at 14 Feb 2017 17:00
14 February 2017
Rainbow Rare Earths Limited
("the Company" or "the Group")
Notification and Public Disclosure of Transactions by PDMR
and Persons Closely Associated with them
a)
1. | Details of the person discharging managerial responsibilities / person closely associated | ||
Name | Willow Trust | ||
2. | Reason for the notification | ||
Position/status | Trust closely associated to Non-Executive Director Alexander Lowrie | ||
Initial notification/Amendment | Initial notification | ||
3. | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | ||
Name | Rainbow Rare Earths Limited | ||
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 | ||
Description of the financial instrument, type of instrument
Identification code | Ordinary Shares of No Par Value | ||
Nature of the transaction | Capitalisation of Debt | ||
Price(s) and volume(s)
| Price(s) | Volume(s) | |
| 0.10 | 333,333 | ||
Aggregated information
- Aggregated volume - Price
|
333,333 33,333.33 | ||
Date of the transaction | 7 February 2017
Note: the Company is not considered in a close period at the time of this transaction. | ||
Place of the transaction | London Stock Exchange, Main Market (XLON) | ||
**ENDS**
For further information, please visit the Company's website http://www.rainbowrareearths.com/ or contact:
Rainbow Rare Earths Ltd | Martin Eales | Tel: +44 (0) 20 7494 8206 |
Hannam & Partners LLP | Neil Passmore & Jonathan Brown | Tel: +44 (0) 20 7907 8500 |
Daniel Stewart Plc | David Lawman & Austin McKelvie | Tel: +44 (0) 20 7776 6550 |
St Brides Partners Ltd | Lottie Brocklehurst & Susie Geliher
| Tel: +44 (0) 20 7236 1177 |