Last checked at 30 Mar 2022 10:57
SUNRISE RESOURCES PLC
("Sunrise" or "the Company")
DIRECTOR DEALING
Sunrise Resources plc, the AIM-traded company focusing on the development of its CS Pozzolan-Perlite Project in Nevada, USA announces that on 29 March 2022 and 30 March 2022 Executive Chairman, Patrick Cheetham, purchased at total of 8,500,000 Ordinary Shares of 0.1 pence each in the Company ("Ordinary Shares") on market, at a weighted average price of 0.119 pence per share,. These shares were purchased through his Self-Invested Personal Pension (SIPP).
Following this transaction, Patrick Cheetham is now beneficially interested in 245,320,232
Ordinary Shares (including 5,500,000 Ordinary Shares held by his wife, Karen Cheetham) representing 6.61% 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 0.1p each | |
Identification code | GB00B075Z681 | ||
b) | Nature of the transaction | On market purchase | |
c) | Price(s) and volume(s) | Price(s) | Volume(s) |
0.120 pence 0.119 pence | 2,000,000 6,500,000 | ||
d) | Aggregated information - Aggregated volume - Price
|
8,500,000 0.119 pence
| |
e) | Date of the transaction | 29/03/2022 and 30/03/33
| |
f) | Place of the transaction | London Stock Exchange (XAIM) | |