22 May 2019 16:17
Oriole Resources Plc
('Oriole' or 'the Company')
Director's Dealings
Oriole Resources PLC, the AIM-quoted exploration company focussed on West Africa, has today received notification that Tim Livesey, the Company's Chief Executive Officer and Bob Smeeton, its Chief Financial Officer, acquired ordinary shares of 0.1p each in the issued share capital of the Company ('Ordinary Shares') as set out below:
Name | Number of Ordinary Shares Purchased | Weighted average price per Ordinary Share (p) | Resultant shareholding in the Company | Percentage of the issued share capital of the Company |
Tim Livesey | 1,568,569 | 0.318 | 6,315,369 | 0.9% |
Bob Smeeton | 1,572,327 | 0.318 | 3,572,327 | 0.5% |
The notifications shown below, made pursuant to Article 19(3) of the Market Abuse Regulation, provide further details.
** ENDS **
The 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. Following the publication of this announcement, this inside information is now considered to be in the public domain.
For further information please visit www.orioleresources.com, @OrioleResources on Twitter,
or contact:
Oriole Resources Plc | Tel: +44 (0)20 830 9650 |
Tim Livesey / Bob Smeeton / Claire Bay | |
Blytheweigh (IR/PR Contact) | Tel: +44 (0)20 7138 3204 |
Tim Blythe / Megan Ray / Rachel Brooks | |
Grant Thornton UK LLP | Tel: +44 (0)20 7383 5100 |
Samantha Harrison / Ben Roberts / Niall McDonald | |
Hannam & Partners | Tel: +44 (0)20 7907 8500 |
Neil Passmore / Andrew Chubb | |
Turner Pope Investments (TPI) Limited | Tel: +44 (0)20 36214120 |
Ben Turner / James Pope / Andy Thacker | |
Notes to Editors:
Oriole Resources PLC is an AIM-listed exploration company, operating West Africa. It is focused on early-stage exploration in Cameroon (Bibemi and Wapouzé projects) and the more advanced Dalafin gold project in Senegal, where IAMGOLD has the option to spend US$8m to earn a 70% interest. Year 1 commitments have been met at all three projects. The Company has several interests and royalties in companies operating throughout Africa and Turkey that could deliver future cash flow, and it continues to assess new opportunities in both regions.
.
Notification and public disclosure of transactions by persons discharging managerial responsibilities and persons closely associated with them
1
| Details of the person discharging managerial responsibilities / person closely associated
| ||||
a)
| Name
|
Timothy Livesey | |||
2
| Reason for the notification
| ||||
a)
| Position/status
| Chief Executive Officer | |||
b)
| Initial notification /Amendment
| Initial notification | |||
3
| Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
| ||||
a)
| Name
| Oriole Resources PLC | |||
b)
| LEI
| 213800X32GJR5AGAR511 | |||
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 in the capital of the Company
| |||
Identification code | Ordinary share ISIN: GB00B0T29327 | ||||
b)
| Nature of the transaction
| Purchase of ordinary shares | |||
c)
| Price(s) and volume(s) | ||||
Price(s) | Volume(s) | ||||
0.318p | 1,568,569 | ||||
d)
| Aggregated information | ||||
- Aggregated volume | 1,568,569 ordinary shares of 0.1 pence each purchased at 0.318 pence per ordinary share | ||||
- Price | |||||
e)
| Date of the transaction
| 21 May 2019 | |||
f)
| Place of the transaction
| London Stock Exchange, AIM Market (XLON) | |||
1
| Details of the person discharging managerial responsibilities / person closely associated
| ||||
a)
| Name
|
Robert Smeeton | |||
2
| Reason for the notification
| ||||
a)
| Position/status
| Chief Financial Officer | |||
b)
| Initial notification /Amendment
| Initial notification | |||
3
| Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
| ||||
a)
| Name
| Oriole Resources PLC | |||
b)
| LEI
| 213800X32GJR5AGAR511 | |||
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 in the capital of the Company
| |||
Identification code | Ordinary share ISIN: GB00B0T29327 | ||||
b)
| Nature of the transaction
| Purchase of ordinary shares | |||
c)
| Price(s) and volume(s) | ||||
Price(s) | Volume(s) | ||||
0.318p | 1,572,327 | ||||
d)
| Aggregated information | ||||
- Aggregated volume | 1,572,327 ordinary shares of 0.1 pence each purchased at 0.318 pence per ordinary share | ||||
- Price | |||||
e)
| Date of the transaction
| 21 May 2019 | |||
f)
| Place of the transaction
| London Stock Exchange, AIM Market (XLON) | |||
Oriole (ORR)