31 Jul 2018 07:06
31 July 2018
W Resources Plc
("W" or the "Company")
Director Dealing
W Resources Plc (AIM:WRES), the tungsten, copper and gold mining company with assets in Spain and Portugal, announces that the Chairman, Mr Michael Masterman notified the Company on 30 July 2018 that on 27 July 2018 Symmall Pty Ltd, of which Mr Michael Masterman (a director of the Company) is both a beneficiary and trustee purchased 5,500,000 ordinary shares of 0.1p each ("Ordinary Shares") at a price of 0.435p per Ordinary Share.
Following this transaction, Mr Michael Masterman's interests in the Company (including related parties) are 1,086,565,648 Ordinary Shares representing 19.83% of the Company's total voting rights.
The notification below, made in accordance with the requirements of the EU Market Abuse Regulation, provides further detail.
Enquiries:
W Resources Plc | Grant Thornton UK LLP |
Michael Masterman | Colin Aaronson / Jen Clarke / Seamus Fricker |
T: +44 (0) 20 7193 7463 | T: +44 (0) 20 7383 5100 |
www.wresources.co.uk | |
Turner Pope Investments (TPI) Ltd | Gable Communications |
Andy Thacker | Justine James |
T: +44 (0) 203 621 4120 | T: +44 (0) 20 7193 7463 |
www.turnerpope.com | M: +44 (0) 7525 324431 |
Notification of Transactions of Persons Discharging Managerial Responsibility and Persons Closely Associated with them
1
| Details of the person discharging managerial responsibilities / person closely associated
| ||||
a)
| Name
| Michael Masterman (Legal person: Symmall Pty Ltd)
| |||
2
| Reason for the notification
| ||||
a)
| Position/status
| Chairman | |||
b)
| Initial notification /Amendment
| Initial notification | |||
3
| Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
| ||||
a)
| Name
| W Resources Plc | |||
b)
| LEI
| 213800H66EK87TAOS666 | |||
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 | GB00B0358H47 | ||||
b)
| Nature of the transaction
| Purchase of shares | |||
c)
| Price(s) and volume(s) | ||||
Price(s) | Volume(s) | ||||
0.435 pence | 5,500,000 | ||||
d)
| Aggregated information | ||||
- Aggregated volume | Aggregate volume: 5,500,000 Aggregate price: 0.435 pence Aggregate total: £23,925.00 | ||||
| |||||
- Price | |||||
e)
| Date of the transaction
| 27 July 2018 | |||
f)
| Place of the transaction
| London Stock Exchange's AIM Market | |||