18 Sep 2019 14:20
18 September 2019
Sirius Minerals Plc
Director Dealing
Sirius Minerals Plc (LSE: SXX, OTCQX: SRUXY) ("Sirius" or the "Company") was notified on 18 September 2019 that C&J Fraser Investments Pty Limited as trustee for The Fraser Family Trust, of which Christopher Fraser, Managing Director, is a beneficiary, purchased 250,000 of the Company's 0.25p ordinary shares at a price of 4.0088p each. Following this transaction Mr Fraser has direct and indirect beneficial interests in 123,997,368 shares representing 1.77% of the Company's issued share capital.
As at the date of this announcement, the Company's issued share capital consists of 7,006,279,248 ordinary shares with voting rights. This figure may be used by shareholders in the Company as the denominator for the calculation by which they will determine if they are required to notify their interest in, or a change of interest in, the share capital of the Company under the Financial Conduct Authority's Disclosure and Transparency Rules.
This notification is intended to satisfy the Company's obligations under Disclosure and Transparency Rule 3.1.4R.
Further information
The notification below, made in accordance with the requirements of the EU Market Abuse Regulations, provides further detail in respect of the transactions as described at the beginning of this announcement.
1 | Details of the person discharging managerial responsibilities/person closely associated
| |||||
a) | Name
| Christopher Fraser | ||||
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
| Sirius Minerals plc | ||||
b) | LEI
| 2138004ATVA9GVUAGA82 | ||||
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 0.25p
GB00B0DG3H29 | ||||
b) | Nature of the transaction
| Purchase of ordinary shares by C&J Fraser Investments Pty Limited as trustee for The Fraser Family Trust, of which Christopher Fraser is a beneficiary
| ||||
c) | Price(s) and volume(s)
|
| ||||
d) | Aggregated information
- Aggregated volume
- Price
|
250,000
4.0088p | ||||
e) | Date of the transaction
| 18 September 2019 | ||||
f) | Place of the transaction
| London Stock Exchange | ||||
For further information, please contact:
Sirius Minerals Plc Investor Relations | Jennifer Wyllie, Tristan Pottas Email: ir@siriusminerals.com | Tel: +44 845 524 0247 |
Media enquiries Edelman | Alex Simmons, Ed Brown Email: Siriusminerals@edelman.com | Tel: +44 7970 174 353 Tel: +44 7540 412 298 |
About Sirius Minerals Plc
Sirius Minerals Plc is focused on bringing large scale volumes of POLY4 to the global agriculture industry. POLY4 is the Company's trademarked name for its unique multi-nutrient fertilizer to be produced from the world's largest and highest grade polyhalite deposit located in North Yorkshire, United Kingdom, which can be used to increase balanced fertilization around the world. Sirius Minerals' shares are traded on the Premium List of the London Stock Exchange. Its shares are also traded in the United States on the OTCQX through a sponsored ADR facility. Further information on the Company can be found at: www.siriusminerals.com.