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8 Nov 2018 15:07
08 November 2018
Scotgold Resources Limited
("Scotgold" or the "Company")
Notification of Transaction of Persons Discharging Managerial
Responsibilities ("PDMR")
The Company announces that it was notified on 07 November 2018 that Nathaniel le Roux, Non-Executive Chairman of the Company, acquired 55,000 ordinary shares of no par value each ("Ordinary Shares") at a price of 32 pence per share.
Following the purchase of 55,000 shares, Nathaniel le Roux will have a beneficial interest in 22,578,223 Ordinary Shares, representing approximately 49.47% (previously 49.35%) of the ordinary share capital of the Company.
The Company confirms that it did not have inside information at the time the instruction for the purchase of Ordinary Shares was issued and that the purchase of shares by Nathaniel le Roux was in accordance with the Company's Share Dealing Policy
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) | Full name of person Dealing | Nathaniel le Roux | ||||||
2. | Reason for notification | |||||||
(a) | Position/status | Non-Executive Chairman | ||||||
(b) | Initial notification/ Amendment | Initial notification | ||||||
3. | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | |||||||
(a) | Name of entity | Scotgold Resources Limited | ||||||
(b) | LEI | 213800HL5A2K7LW2G360 | ||||||
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 | Ordinary Shares of No Par Value | ||||||
(b) | Identification code | AU000XINEAK5 | ||||||
(c) | Nature of the transaction | On market purchase of shares | ||||||
(d) | Price(s) and volume(s) |
| ||||||
(e) | Aggregated information: - Aggregated volume - Price | Single transaction as in 4(d) above
| ||||||
(f) | Date of transaction | a) 5 November 2018 b) 6 November 2018 | ||||||
(g) | Place of transaction | XLON | ||||||
Certain information contained in this announcement would have been deemed inside information for the purposes of Article 7 of Regulation (EU) No 596/2014 until the release of this announcement.
For further information please contact:
Scotgold Resources Limited Richard Gray
| Tel: +44 (0)1838 400 306 |
SP Angel Corporate Finance LLP Nomad and Joint Broker Ewan Leggat / Charlie Bouverat
| Tel +44 (0) 20 3470 0470 |
Smaller Company Capital Ltd Joint Broker Rupert Williams
| Tel: +44 (0)20 3651 2911 |
Capital Markets Consultants Financial PR Simon Rothschild | Tel: +44 (0) 7703 167 065 |
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