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Pin to quick picksVast Res Regulatory News (VAST)

Share Price Information for Vast Res (VAST)

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Director/PDMR Shareholding

10 Aug 2021 11:00

RNS Number : 1645I
Vast Resources PLC
10 August 2021
 

Vast Resources plc / Ticker: VAST / Index: AIM / Sector: Mining

 

10 August 2021

Vast Resources plc

("Vast" or the "Company")

 

Director Share Purchase

 

Vast Resources plc, the AIM-listed mining company, announces that it was notified on 10 August 2021 that on that date Mr Paul Fletcher, Finance Director of the Company, purchased 365,000 ordinary shares of 0.1 pence each in the share capital of the Company ("Ordinary Shares") at a price of 6.875 pence per Ordinary Share on the Secondary Market.

 

Following this purchase, Mr Fletcher's total beneficial ownership in the Company is 705,481 Ordinary Shares, which represents approximately 0.33% of the Company's issued share capital.

 

Market Abuse Regulation (MAR) Disclosure

 

Certain 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 as it forms part of UK Domestic Law by virtue of the European Union (Withdrawal) Act 2018 ("UK MAR") until the release of this announcement.

 

The notifications below, made in accordance with the requirements of the UK Market Abuse Regulation, provide further detail on the directors' dealing in the Ordinary Shares.

 

**ENDS**

 

For further information, visit www.vastplc.com or please contact:

 

Vast Resources plcAndrew Prelea (CEO)

Andrew Hall (CCO)

 

www.vastplc.com+44 (0) 20 7846 0974

Beaumont Cornish - Financial & Nominated Advisor

Roland Cornish

James Biddle

 

www.beaumontcornish.com

+44 (0) 20 7628 3396

Shore Capital Stockbrokers Limited - Joint Broker Jerry Keen (Corporate Broking)

Toby Gibbs / James Thomas (Corporate Advisory)

 

www.shorecapmarkets.co.uk +44 (0) 20 7408 4050

Axis Capital Markets Limited - Joint Broker Richard Hutchison

 

www.axcap247.com +44 (0) 20 3206 0320

ABOUT VAST RESOURCES PLC

 

Vast Resources plc is a United Kingdom AIM listed mining company with mines and projects in Romania and Zimbabwe.

 

In Romania, the Company is focused on the rapid advancement of high-quality projects by recommencing production at previously producing mines.

 

The Company's Romanian portfolio includes 100% interest in the producing Baita Plai Polymetallic Mine, located in the Apuseni Mountains, Transylvania, an area which hosts Romania's largest polymetallic mines. The mine has a JORC compliant Reserve & Resource Report which underpins the initial mine production life of approximately 3-4 years with an in-situ total mineral resource of 15,695 tonnes copper equivalent with a further 1.8M-3M tonnes exploration target. The Company is now working on confirming an enlarged exploration target of up to 5.8M tonnes.

 

The Company also owns the Manaila Polymetallic Mine in Romania, which was commissioned in 2015, currently on care and maintenance. The Company has been granted the Manaila Carlibaba Extended Exploitation Licence that will allow the Company to re-examine the exploitation of the mineral resources within the larger Manaila Carlibaba licence area.

 

In Zimbabwe, the Company is focused on the commencement of the joint venture mining agreement on the Community Diamond Concession, Chiadzwa, in the Marange Diamond Fields.

 

1.

Details of the person discharging managerial responsibilities/person closely associated

a)

Name:

Paul Fletcher

2.

Reason for the notification

a)

Position/status:

Finance Director

b)

Initial notification/Amendment:

Initial notification

3.

Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor

a)

Name:

Vast Resources Plc

b)

LEI:

213800QXLO766CMGCQ60

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 £0.1 each

 

b)

Nature of the transaction:

Share purchase

c)

Price(s) and volume(s):

 

Price(s)

Volume(s)

£0.06875

365,000

 

d)

Aggregated information:

Aggregated volume:

Price:

 

Price(s)

Volume(s)

£0.06875

365,000

 

e)

Date of the transaction:

10 August 2021

f)

Place of the transaction:

AIM, London Stock Exchange

 

 

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END
 
 
DSHFIFEATAIILIL
Date   Source Headline
7th Oct 20247:00 amGNWFunding Update
27th Sep 20247:00 amGNWHolding(s) in Company
24th Sep 20247:00 amGNWFinancing Update – Important clarification
23rd Sep 20247:00 amGNWFinancing Update
11th Sep 20247:00 amGNWEcologic Processing Association Agreement signed in connection with former Hanes Gold Mine, Romania & Operational Updates
10th Sep 20242:30 pmGNWHolding(s) in Company
3rd Sep 20242:45 pmGNWHolding(s) in Company
13th Aug 202412:00 pmGNWBaita Plai Association Licence Update
17th Jul 202410:04 amRNSHolding(s) in Company
15th Jul 20247:00 amRNSPlacing to Raise £600,000, Issue of Equity & TVR
27th Jun 20248:00 amGNWUpdate regarding Debt Funding from A & T Investments SARL
11th Jun 20247:00 amGNWTajikistan – Aprelevka Update
10th Jun 20241:36 pmGNWBaita Plai Update
4th Jun 20247:00 amGNWBaita Plai Q1 2024 Production Report and Aprelevka production update
22nd May 202412:00 pmRNSHolding(s) in Company
20th May 20247:00 amGNWHolding(s) in Company
15th May 20247:07 amRNSPlacing & Update on Refinancing
8th May 20241:12 pmGNWUpdate on Debt Funding
29th Apr 20247:00 amGNWUpdate on Funding and on Repayment of Asset Based Debt Facility & General Corporate Update
2nd Apr 202412:23 pmRNSHolding(s) in Company
13th Mar 20247:00 amGNWNew Copper Offtake Secured with Trafigura for Baita Plai
29th Feb 202412:32 pmGNWMiscellaneous
20th Feb 20247:00 amGNWHoldings in Company
14th Feb 20247:00 amRNSNotice of GM
7th Feb 20247:00 amRNSBaita Plai Q4 2023 Production Report
31st Jan 20247:00 amGNWInterim Results: 1 May 2023 – 31 October 2023
26th Jan 20242:30 pmGNWHolding(s) in Company
25th Jan 20242:00 pmGNWHolding(s) in Company
23rd Jan 20247:00 amGNWPlacing to raise £1,255,625
22nd Jan 20247:00 amGNWPlatinum Group Metals (PGM) Agreement
16th Jan 202410:05 amRNSCompletion of transaction regarding Aprelevka
15th Jan 20241:30 pmGNWUpdate on Debt Funding
7th Dec 202312:30 pmGNWMOU regarding Aprelevka Gold Mines
4th Dec 202312:00 pmGNWUpdate on Debt Funding
29th Nov 20233:30 pmGNWResults of AGM
28th Nov 20233:00 pmGNWDeath of Director
13th Nov 20238:00 amRNSHolding(s) in Company
6th Nov 202311:00 amGNWNotice of AGM
6th Nov 20237:00 amGNWUpdate on Debt Funding
31st Oct 20237:00 amGNWBaita Plai Q3 2023 Production Report
31st Oct 20237:00 amGNWFinal Results
23rd Oct 20233:47 pmRNSHolding(s) in Company
19th Oct 20237:00 amRNSTajikistan Update
6th Oct 20237:00 amGNWPlacing to raise £1,819,350 and Company Update
4th Oct 20237:00 amGNWUpdate on Debt Funding
3rd Oct 20236:05 pmGNWHolding(s) in Company
2nd Oct 20237:00 amGNWUpdate on Debt Funding
28th Sep 202312:37 pmGNWBaita Plai Update
22nd Sep 20237:00 amGNWBaita Plai Update
18th Sep 20237:00 amGNWCompany Update

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