1 Aug 2019 07:00
TUNGSTEN CORPORATION PLC
("Tungsten" or the "Company")
For Immediate Release
1 August 2019
Notification and public disclosure of transactions by persons discharging managerial responsibilities and persons closely associated with them in accordance with the Market Abuse Regulations.
On 31st July 2019, the following awards over ordinary shares of 0.438 pence each in Tungsten Corporation Plc were granted under the Tungsten Corporation Plc Deferred Share Bonus Plan to the following person(s) discharging managerial responsibilities (each a "PDMR"):
PDMR | No. of shares under Award |
David Williams | 51,867 |
Patrick Clark | 22,633 |
Each award was granted as a nominal cost option which will ordinarily become exercisable on 31st July 2020 subject to the grantee's continued service with the Tungsten group.
The information set out below is provided in accordance with the requirements of Article 19(3) of the Market Abuse Regulation (EU) No 596/2014.
Details of the full notifications received by the Company are set out below.
1 | Details of the person discharging managerial responsibilities / person closely associated | |||||
a) | Name | David Williams | ||||
2 | Reason for Notification | |||||
a) | Position/status | Chief Financial Officer and Interim Chief Executive Officer | ||||
b) | Initial notification/Amendment | Initial Announcement | ||||
3 | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | |||||
a) | Name | Tungsten Corporation Plc | ||||
b) | LEI | 213800KY57NETI1IJ428 | ||||
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 | Awards over Ordinary Shares of 0.438 pence each in Tungsten Corporation Plc | ||||
Identification code | GB00B7Z0Q502 | |||||
b) | Nature of the transaction | Grant of a nominal cost option award under the Tungsten Corporation Plc Deferred Share Bonus Plan. | ||||
c) | Price(s) and volume(s) |
| ||||
d) | Aggregated information - Aggregated volume - Price | Not applicable - single transaction | ||||
e) | Date of the transaction | 31st July 2019 | ||||
f) | Place of the transaction | Outside a trading venue | ||||
1 | Details of the person discharging managerial responsibilities / person closely associated | |||||
a) | Name | Patrick Clark | ||||
2 | Reason for Notification | |||||
a) | Position/status | General Counsel and Company Secretary | ||||
b) | Initial notification/Amendment | Initial Announcement | ||||
3 | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | |||||
a) | Name | Tungsten Corporation Plc | ||||
b) | LEI | 213800KY57NETI1IJ428 | ||||
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 | Awards over Ordinary Shares of 0.438 pence each in Tungsten Corporation Plc | ||||
Identification code | GB00B7Z0Q502 | |||||
b) | Nature of the transaction | Grant of a nominal cost option award under the Tungsten Corporation Plc Deferred Share Bonus Plan. | ||||
c) | Price(s) and volume(s) |
| ||||
d) | Aggregated information - Aggregated volume - Price | Not applicable - single transaction | ||||
e) | Date of the transaction | 31st July 2019 | ||||
f) | Place of the transaction | Outside a trading venue | ||||
Name of authorised official of issuer responsible for making notification:
Patrick Clark
Company Secretary to Tungsten Corporation plc