17 Jan 2023 15:36
17 January 2023
Metal Tiger plc
(“Metal Tiger” or the “Company”)
Director Dealing
Metal Tiger plc (AIM: MTR, ASX: MTR), the AIM and ASX listed investor in natural resources opportunities, notifies that today, the Company’s Chief Executive Officer, Michael McNeilly, purchased 100,000 ordinary shares of 0.1 pence each in the capital of the Company (“Ordinary Shares”) on market at a price of 17.5 pence per share, for a total consideration of £17,500.
Following this purchase, Michael McNeilly is interested in 1,500,000 Ordinary Shares, representing approximately 0.89% of the Company’s issued share capital.
PDMR Notification Form:
The notification below is made in accordance with the requirements of the Market Abuse Regulation:
1. | Details of the person discharging managerial responsibilities / person closely associated | |
a) | Name | Michael McNeilly |
2. | Reason for the Notification | |
a) | Position/status | CEO |
b) | Initial notification/amendment | Initial notification |
3. | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | |
a) | Name | Metal Tiger plc |
b) | LEI | 213800K1IN6M1VCVPA93 |
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 | GB00BYX5K988 | |
b) | Nature of the Transaction | Purchase |
c) | Price(s) and volume(s) | Price Volume(s) 17.5 pence 100,000
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d) | Aggregated information Aggregated volume Price | 100,000 shares at 17.5 pence per share |
e) | Date(s) of the transaction(s) |
17 January 2023
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f) | Place of the transaction | AIM (LSE) |
For further information on the Company, visit www.metaltigerplc.com:
Michael McNeilly | (Chief Executive Officer) | Tel: +44 (0)20 3287 5349 |
Mark Potter | (Chief Investment Officer) |
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James Dance Richard Johnson Robert Collins | Strand Hanson Limited (Nominated Adviser) | Tel +44 (0)20 7409 3494 |
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Steve Douglas Simon Johnson | Arden Partners plc (Broker) | Tel: +44 (0)20 7614 5900 |
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Gordon Poole Elfie Kent Rebecca Waterworth | Camarco (Financial PR) | Tel: +44 (0)20 3757 4980 |
Notes to Editors:
Metal Tiger PLC is admitted to the AIM market of the London Stock Exchange AIM Market ("AIM") and the ASX Market of the Australian Securities Exchange Market ("ASX") with the trading code MTR and invests in high potential mineral projects with a base, precious and strategic metals focus.
The Company's target is to deliver a high return for shareholders by investing in significantly undervalued and/or high potential opportunities in the mineral exploration and development sector.
Equity Investments invests in undervalued natural resource companies. The majority of its investments are listed on AIM, the TSX and the ASX, which includes its interest in Sandfire Resources Limited (ASX: SFR). The Company also considers selective opportunities to invest in private natural resource companies, typically where there is an identifiable path to IPO.
The Company actively assesses new investment opportunities on an on-going basis and has access to a diverse pipeline of new opportunities in the natural resources and mining sectors. For pipeline opportunities deemed sufficiently attractive, Metal Tiger may invest in the project or entity by buying publicly listed shares, by financing privately and/or by entering into a joint venture.
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