20 Dec 2016 07:00
20 December 2016
Shanta Gold Limited
("Shanta Gold", "Shanta" or the "Company")
Director Dealing
Shanta Gold (AIM: SHG), the East Africa-focused gold producer, developer and explorer, was informed on 19 December 2016 that Robin Fryer, Non-Executive Director of Shanta Gold, has sold on the same date, 30,000 ordinary shares in the Company at a price of 9 pence per share.
Following this purchase, Robin Fryer holds 690,000 ordinary shares in the Company which represents 0.12% of the Company's issued share capital.
Enquiries:
Shanta Gold Limited | |
Toby Bradbury (CEO) Mark Rosslee (CFO) | +255 (0)22 2601 829 |
Nominated Adviser and Broker | |
Peel Hunt LLP | |
Matthew Armitt / Ross Allister / Chris Burrows | +44 (0)20 7418 8900 |
Financial Public Relations | |
Tavistock | |
Emily Fenton / Jos Simson | +44 (0)20 7920 3150 |
About Shanta Gold Shanta Gold is an East Africa-focused gold producer, developer and explorer. It currently has defined ore resources on the New Luika and Singida projects in Tanzania and holds exploration licences over a number of additional properties in the country. Shanta's flagship New Luika Gold Mine commenced production in 2012 and produced 81,873 ounces in 2015. The Company is admitted to trading on London's AIM and has approximately 583 million shares in issue.
This announcement is inside information for the purposes of Article 7 of Regulation 596/2014.
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 | Robin Fryer | |||||
2. | Reason for the notification | ||||||
a. | Position/status | 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 | Shanta Gold Limited | |||||
b. | LEI | N/A | |||||
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 0.01 pence each GB00BOC6R828
| |||||
b. | Nature of the transaction |
Sale of ordinary shares
| |||||
c. | Price(s) and volume(s) |
| |||||
d. | Aggregated information
|
N/A (Single transaction) | |||||
| • | Aggregated volume | ||||||
| • | Price | ||||||
e. | Date of the transaction | 2016/12/19 | |||||
f. | Place of the transaction | London Stock Exchange | |||||