21 Nov 2016 12:25
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: Β Identification code: | Β Ordinary shares of 0.1p each Β GB00B4W8PD74 | ||||||
b) | Nature of the transaction: | Acquisition of shares | ||||||
c) | Price(s) and volume(s): | Β
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d) | Aggregated information: Aggregated volume: Price: | Β
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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:
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Strategic Minerals plc John Peters Managing Director www.strategicminerals.net Β 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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