3 Jul 2019 14:57
Cadence Minerals Plc
("Cadence Minerals", "Cadence" or "the Company")
Director Share Purchases
The Company makes the following disclosures in relation to the participation of directors in the recent fundraising as announced on 27th June 2019 with title 'Placing to Raise £1.6 Million'.
Details of the Director purchases are contained in the table below.
Director | Position | Number of ordinary shares acquired | Price paid per share (pence) |
Kiran Morzaria | Director & CEO | 45,454,545 | 0.11 |
Donald Strang | Finance Director | 45,454,545 | 0.11 |
After these acquisitions, the total notifiable share interest in the Company for the directors is as follows
Director | Position | Total holding of ordinary shares |
Andrew Suckling | Non-Executive Chairman | 6,409,644 |
Kiran Morzaria | Director & CEO | 60,957,149 |
Donald Strang | Non-Executive Director | 58,554,545 |
Adrian Fairbourn | Finance Director | 13,600,539 |
For further information:
|
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 | Kiran Morzaria | |||||
2 | Reason for the notification | ||||||
a) | Position/status | Director & CEO | |||||
b) | Initial notification/ Amendment | Initial notification | |||||
3 | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | ||||||
a) | Name | Cadence Minerals PLC | |||||
b) | LEI | 213800TUZWG9C2GRNO58 | |||||
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 Share
GB00B067JC96 | |||||
b) | Nature of the transaction | Defined Directors Share Purchase Programme | |||||
c) | Price(s) and volume(s) |
| |||||
d) | Aggregated information - Aggregated volume - Price |
45,454,545 £0.0011 | |||||
e) | Date of the transaction | 02/07/2019 | |||||
f) | Place of the transaction | XLON, AIM | |||||
1 | Details of the person discharging managerial responsibilities/person closely associated | ||||||
a) | Name | Donald Strang | |||||
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 | Cadence Minerals PLC | |||||
b) | LEI | 213800TUZWG9C2GRNO58 | |||||
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 Share
GB00B067JC96 | |||||
b) | Nature of the transaction | Defined Directors Share Purchase Programme | |||||
c) | Price(s) and volume(s) |
| |||||
d) | Aggregated information - Aggregated volume - Price |
45,454,545 £0.0011 | |||||
e) | Date of the transaction | 02/07/2019 | |||||
f) | Place of the transaction | XLON, AIM | |||||
Cadence Mineral (KDNC)