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DIRECTOR DEALING

7 Mar 2024 11:20

RNS Number : 0178G
Sunrise Resources Plc
07 March 2024
 
7 March 2024

 

 

 

SUNRISE RESOURCES PLC

("Sunrise" or "the Company")

 

 

DIRECTOR DEALING

 

Sunrise Resources plc announces that on 5 March 2024 and 6 March 2024 Executive Chairman, Patrick Cheetham, purchased at total of 23,000,000 Ordinary Shares of 0.001 pence each in the Company ("Ordinary Shares") on market, at a weighted average price of 0.0427 pence per share. These shares were purchased through his Self-Invested Personal Pension (SIPP).

 

Following this transaction, Patrick Cheetham is now beneficially interested in 281,832,572 Ordinary Shares (including 5,500,000 Ordinary Shares held by his wife, Karen Cheetham) representing 6.59% of the Company's issued share capital.

 

 

Further information:

 

Sunrise Resources plc

Patrick Cheetham, Executive Chairman

Tel: +44 (0)1625 838 884

 

Beaumont Cornish Limited

Nominated Adviser

James Biddle/Roland Cornish

Tel: +44 (0)207 628 3396

 

Peterhouse Capital Limited

Broker

Lucy Williams/Duncan Vasey

 

Tel: +44 (0)207 469 0930

 

 

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 which forms part of UK domestic law by virtue of the European Union (Withdrawal) Act 2018 ('MAR'). Upon the publication of this announcement via Regulatory Information Service ('RIS'), this inside information is now considered to be in the public domain.

 

Shares in the Company trade on AIM. EPIC: "SRES".

Website: www.sunriseresourcesplc.com

 

 

 

 

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 I person closely associated

a)

Name

 Patrick Cheetham

2

Reason for the notification

a)

Position/status

 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

 Sunrise Resources plc

b)

LEI

 213800MGDOE974QHPZ44

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 0.001pence each

Identification code

 GB00B075Z681

b)

Nature of the transaction

On market purchase

c)

Price(s) and volume(s)

 Price(s)

Volume(s)

 0.0368 pence

 0.0437 pence

 0.0435 pence

 

 

3,000,000

10,000,000

10,000,000

d)

Aggregated information

- Aggregated volume 

- Price 

 

 

 23,000,000

 0.0427 pence (weighted average)

e)

Date of the transaction

 05/03/2024 and

 06/03/2024

 

 

f)

Place of the transaction

 London Stock Exchange (AIM)

 

 

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