30 Jun 2022 07:00
Rambler Metals and Mining PLC / AIM: RMM / Sector: Natural Resources
30 June 2022
Rambler Metals and Mining PLC ('Rambler' or the 'Company')
Director Share Payment and Issuance of Ordinary Shares
London, England, Newfoundland and Labrador, Canada - Rambler Metals and Mining plc (AIM: RMM) ("Rambler" or the "Company"), a copper and gold producer, explorer and developer, is pleased to announce that the Board of Directors has authorised the issuance of 70,426 ordinary shares of 1 pence each in the Company ("Ordinary Shares") to Priya Patil and Richard Round, each of whom are independent directors on the board of the Company. In order to conserve cash in the Company, the directors agreed to receive their annual fees in shares, and each will receive 35,213 Ordinary Shares.
PDMR | No. of Ordinary Shares issued | Total no. of Ordinary Shares held | % held of enlarged share capital |
Priya Patil | 35,213 | 117,459 | 0.07% |
Richard Round | 35,213 | 67,459 | 0.04% |
Admission to trading on AIM and Total Voting Rights
Application will be made for 70,426 new Ordinary Shares which will rank pari passu with the existing Ordinary Shares of the Company, to be admitted to trading on AIM ("Admission"). It is expected that Admission will become effective, and dealings will commence at 8:00 a.m. on or around 6 July 2022.
Following the issue of the new Ordinary Shares, the total issued share capital of the Company will consist of 161,647,459 ordinary shares of 1 pence each. The Company does not hold any Ordinary Shares in Treasury. Therefore, the total current voting rights in the Company following Admission will be 161,647,459 and this figure may be used by shareholders in the Company as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change in their interest in, the share capital of the Company under the FCA's Disclosure Guidance and Transparency Rules.
Market Abuse Regulation (MAR) Disclosure
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 ('MAR') which has been incorporated into UK law by the European Union (Withdrawal) Act 2018. Upon the publication of this announcement via Regulatory Information Service ('RIS'), this inside information is now considered to be in the public domain.
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: | 1) Richard Round 2) Priya Patil
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2. | Reason for the notification | ||||||||||||||||||||||||||||||||||||||||||||||
a) | Position/status: | 1) Independent Non-Executive Director 2) Independent Non-Executive Director | |||||||||||||||||||||||||||||||||||||||||||||
b) | Initial notification/Amendment: | Initial notification | |||||||||||||||||||||||||||||||||||||||||||||
3. | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | ||||||||||||||||||||||||||||||||||||||||||||||
a) | Name: | Rambler Metals and Mining PLC | |||||||||||||||||||||||||||||||||||||||||||||
b) | LEI: | 213800IB64T72HG7SD88 | |||||||||||||||||||||||||||||||||||||||||||||
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 1p each GB00BLFJ1613 | |||||||||||||||||||||||||||||||||||||||||||||
b) | Nature of the transaction: | A) Issue of Ordinary Shares | |||||||||||||||||||||||||||||||||||||||||||||
c) | Price(s) and volume(s): |
A)
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d) | Aggregated information: Price:
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e) | Date of the transaction: | 2022-06-29 | |||||||||||||||||||||||||||||||||||||||||||||
f) | Place of the transaction: | Outside a trading venue | |||||||||||||||||||||||||||||||||||||||||||||
**ENDS**