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Market Cap: £138.12m
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Director Share Purchase

21 Nov 2016 12:25

RNS Number : 7242P
Strategic Minerals PLC
21 November 2016
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Market Abuse Regulation (MAR) Disclosure

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.

21 November 2016

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Strategic Minerals plc

("Strategic Minerals" or the "Company")

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Director Share Purchase

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Strategic Minerals plc (AIM: SML; USOTC: SMCDY) has been informed that John Peters, Managing Director of the Company, today acquired on market a total of 1,300,000 ordinary shares in the Company at a price of 0.42761 pence per share. Following this acquisition, Mr Peters has a beneficial interest in 10,000,000 ordinary shares in the Company, representing 0.82% of the Company's issued share capital.

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The notification below, made in accordance with the requirements of the EU Market Abuse Regulation, provides further detail on the acquisition of shares in the Company by a director.

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:

John Peters

2.

Reason for the notification

a)

Position/status:

Managing Director

b)

Initial notification/Amendment:

Initial notification

3.

Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor

a)

Name:

Strategic Minerals plc

b)

LEI:

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:

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Ordinary shares of 0.1p each

Β 

GB00B4W8PD74

b)

Nature of the transaction:

Acquisition of shares

c)

Price(s) and volume(s):

Β 

Price(s)

Volume(s)

0.42761 pence

Β 

1,000,000

0.42761 pence

300,000

Β 

d)

Aggregated information:

Aggregated volume:

Price:

Β 

Price(s)

Volume(s)

0.42761 pence

1,300,000

Β 

e)

Date of the transaction:

2016-11-21

09.41hrs UTC (1,000,000 shares)

09.45hrs UTC (300,000 shares)

f)

Place of the transaction:

London Stock Exchange (AIM)

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For further information, please contact:

Β 

Β 

Strategic Minerals plc

John Peters

Managing Director

www.strategicminerals.net

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FollowΒ Strategic MineralsΒ on:Twitter:Β @SML_MineralsLinkedIn:Β www.linkedin.com/company/strategic-minerals-plc

Β 

+61 (0) 414 727 965

SP Angel Corporate Finance LLP

Nominated Adviser and Joint Broker

Ewan Leggat

Laura HarrisonΒ 

+44 (0)20 3470 0470

Optiva Securities Limited

Joint Broker

Graeme Dickson

Β 

+44 (0)20 3411 1880

Yellow Jersey PR

Financial PR

Dominic Barretto

Alistair de Kare-Silver

Β 

+44 (0)Β 7825 916 715Β 

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This information is provided by RNS
The company news service from the London Stock Exchange
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END
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