15 Mar 2021 12:19
15 March 2021
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, was notified by the Company's Chairman, Mr Michael Masterman on 12 March 2021 that on 9 March 2021, Symmall Pty Ltd, of which Mr Michael Masterman (a Director of the Company) is both a beneficiary and trustee, purchased on market 150,000,000 ordinary shares of 0.1p each ("Ordinary Shares") as follows:
· 95,000,000 Ordinary Shares at a price of GBP 0.0009095 per Ordinary Share
· 18,000,000 Ordinary Shares at a price of GBP 0.0009350 per Ordinary Share
· 37,000,000 Ordinary Shares at a price of GBP 0.0008520 per Ordinary Share
Following this transaction, Mr Michael Masterman's interest in the Company (including those of related parties) increases to 1,330,919,370 Ordinary Shares representing 17.26% of the Company's total voting rights.
The notification below, made in accordance with the requirements of the UK Market Abuse Regulation, provides further detail.
Enquires:
|
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) | ||||
0.09095 pence | 95,000,000 | ||||
0.09350 pence | 18,000,000 | ||||
0.08520 pence | 37,000,000 | ||||
d) | Aggregated information | ||||
- Aggregated volume | Aggregate volume: 150,000,000 Aggregate price: 0.08984 pence Aggregate total: £134,756.50 | ||||
- Price | |||||
e) | Date of the transaction | 9 March 2021 | |||
f) | Place of the transaction | London Stock Exchange's AIM Market | |||