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30 Sep 2016 09:00
30 September 2016
AURUM MINING PLC
("Aurum" or the "Company")
Director/PDMR Shareholding
Aurum Mining plc (AIM: AUR), the Spanish focused gold and tungsten explorer announces that Directors, David Williams and Chris Eadie (via his wife), have subscribed for new ordinary shares in the Company at a price of 1 pence per share through their participation in the placing announced on 21 September 2016.
Following the subscriptions, Mr Williams' interest in the share capital of the Company has increased to a total of 81,083,994 ordinary shares representing 27.6% of the Company's enlarged issued share capital and Mr Eadie's interest in the share capital of the Company has increased to a total of 4,500,001 ordinary shares representing 1.5% of the Company's enlarged issued share capital.
The below notifications made by David Williams and Chris Eadie in accordance with the requirements of the EU Market Abuse Regulation, provide further detail.
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
|
David Williams | ||||
2
| Reason for the notification
| |||||
a)
| Position/status
| Director | ||||
b)
| Initial notification /Amendment
| Initial Notification | ||||
3
| Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
| |||||
a)
| Name
| Aurum Mining 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
Identification code
|
Ordinary shares of 1p each
GB00B00T3528
| ||||
b)
| Nature of the transaction
| Subscription | ||||
c)
| Price(s) and volume(s)
|
| ||||
d)
| Aggregated information
- Aggregated volume
- Price
|
n/a
| ||||
e)
| Date of the transaction
| 29 September 2016 | ||||
f)
| Place of the transaction
| London Stock Exchange, AIM | ||||
1
| Details of the person discharging managerial responsibilities / person closely associated
| |||||
a)
| Name
|
Chris Eadie | ||||
2
| Reason for the notification
| |||||
a)
| Position/status
| Director | ||||
b)
| Initial notification /Amendment
| Initial Notification | ||||
3
| Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
| |||||
a)
| Name
| Aurum Mining 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
Identification code
|
Ordinary shares of 1p each
GB00B00T3528
| ||||
b)
| Nature of the transaction
| Subscription | ||||
c)
| Price(s) and volume(s)
|
| ||||
d)
| Aggregated information
- Aggregated volume
- Price
|
n/a
| ||||
e)
| Date of the transaction
| 29 September 2016 | ||||
f)
| Place of the transaction
| London Stock Exchange, AIM | ||||
Contacts: | |
Aurum Mining plc | www.aurummining.net |
David Williams | +44 (0) 797 014 8016 |
Chris Eadie | +44 (0) 796 820 9298 |
WH Ireland Limited | Nominated Adviser & Broker |
Mike Coe, Ed Allsopp | +44 (0) 117 945 3470 |
Notes to Editors:
Aurum Mining is an AIM listed exploration and development company focused on its highly prospective portfolio of gold and tungsten assets in North West Spain.
Gold
Through its joint venture agreement with Ormonde Mining plc (AIM: ORM), Aurum currently has a 56.5% interest in the Pino de Oro project in Zamora Province and a 51.4% interest in the Peralonso and Cabeza projects in Salamanca Province.
Tungsten
Aurum's 20% owned Morille Tungsten project is located approximately 15km south west of Salamanca in North West Spain and covers an area of 5,796 hectares. The permit area is a 'brownfield' site with historical data indicating production from the site of high quality tungsten concentrates.
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