Last checked at 20 Dec 2018 07:00
20 December 2018
SUNRISE RESOURCES PLC(the "Company")
Director's Dealing
Sunrise Resources plc, the AIM-traded company focusing on the development of its CS Pozzolan-Perlite Project in Nevada, USA announces that Executive Chairman, Patrick Cheetham, purchased 5,000,000 Ordinary Shares of 0.1 pence each in the Company ("Ordinary Shares") on market, at a price of 0.099 pence per share, on 19 December 2018. These shares were purchased through his Self-Invested Personal Pension (SIPP).
Following this transaction) Patrick Cheetham is now beneficially interested in 90,390,369 Ordinary Shares (including 5,500,000 Ordinary Shares held by his wife, Karen Cheetham) representing 3.7% 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 |
SVS Securities Plc Broker Tom Curran/Ben Tadd | Tel: +44 (0)203 700 0093 |
Market Abuse Regulation
The information set out below is provided in accordance with the requirements of Article 19(3) of Regulation (EU) No.596/2014 of the European Parliament and of the Council.
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 0.1 pence each | |
Identification code | GB00B075Z681
| ||
b) | Nature of the transaction | Buying | |
c) | Price(s) and volume(s) | Price(s) | Volume(s) |
0.099 pence | 5,000,000 | ||
d) | Aggregated information - Aggregated volume - Price
|
N/A (Single transaction)
| |
e) | Date of the transaction | 19 December 2018 14:30 UTC
| |
f) | Place of the transaction | Outside a trading venue (XOFF)
| |
About Sunrise Resources plc
The Company's objective is to develop profitable mining operations at the CS Pozzolan-Perlite Project in Nevada, USA and unlock the value inherent in our diverse portfolio of industrial minerals, precious metals and base metal projects.
Shares in the Company trade on AIM under the symbol "SRES" and also on the NEX Exchange (Secondary Market).