24 Nov 2017 12:45
Papua Mining plc
("Papua" or "the Company")
Directors' dealing
Papua Mining plc ("Papua" or "the Company") announces that on 23 November 2017 Kieran Harrington, a non-executive Director of the Company sold, for Capital Gains tax planning purposes, 320,000 shares in the Company at a price of 1.2 pence each.
The shares were acquired by two of the Company's non-executive Directors, Michael Somerset-Leeke and Paul Johnson who each purchased 160,000 shares in the Company.
The above named Directors now have the following holdings:
Name | Holding before transaction | Holding post transaction | % holding Post transaction |
Kieran Harrington | 328,392 | 8,392 | 0 |
Michael Somerset-Leeke | 50,911,102 | 51,071,102 | 14.87 |
Paul Johnson* | 19,384,565 | 19,544,565 | 5.69 |
* together with his wife
For further information on the Company please visit www.papuamining.com or contact the following:
Papua Mining plc | |
David Price, Chief Executive Officer | david@papuamining.com |
Cenkos Securities plc - Nominated Adviser and Broker | |
Derrick Lee / Beth McKiernan | +44 131 220 6939 |
1. | Details of the person discharging managerial responsibilities / person closely associated | |||
a) | Name | Michael Somerset-Leeke
| ||
2. | Reason for the Notification | |||
a) | Position/status | Director of the Company
| ||
b) | Initial notification/amendment | Initial notification
| ||
3. | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | |||
a) | Name | Papua Mining plc
| ||
b) | LEI | 213800THSZQSFKTXOI24
| ||
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 £0.001 each | ||
Identification code | GB00B42TN250
| |||
b) | Nature of the Transaction | Purchase of ordinary shares
| ||
c) | Price(s) and volume(s) | 160,000 ordinary shares at 1.2 pence each
| ||
d) | Aggregated information Aggregated volume Price | n/a | ||
e) | Date of the transaction | 23 November 2017 | ||
f) | Place of the transaction | London Stock Exchange, AIM (LON:NGR) | ||
|
| |||
1. | Details of the person discharging managerial responsibilities / person closely associated | |||
a) | Name | Kieran Harrington
| ||
2. | Reason for the Notification | |||
a) | Position/status | Director of the Company
| ||
b) | Initial notification/amendment | Initial notification
| ||
3. | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | |||
a) | Name | Papua Mining plc
| ||
b) | LEI | 213800THSZQSFKTXOI24
| ||
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 £0.001 each | ||
Identification code | GB00B42TN250 | |||
b) | Nature of the Transaction | Sale of ordinary shares
| ||
c) | Price(s) and volume(s) | 320,000 ordinary shares at 1.2 pence each
| ||
d) | Aggregated information Aggregated volume Price | n/a | ||
e) | Date of the transaction | 23 November 2017 | ||
f) | Place of the transaction | London Stock Exchange, AIM (LON:NGR) | ||
1. | Details of the person discharging managerial responsibilities / person closely associated | |
a) | Name | Paul Johnson
|
2. | Reason for the Notification | |
a) | Position/status | Director of the Company
|
b) | Initial notification/amendment | Initial notification
|
3. | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | |
a) | Name | Papua Mining plc
|
b) | LEI | 213800THSZQSFKTXOI24
|
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 £0.001 each |
Identification code | GB00B42TN250 | |
b) | Nature of the Transaction | Purchase of ordinary shares
|
c) | Price(s) and volume(s) | 160,000 ordinary shares at 1.2 pence each
|
d) | Aggregated information Aggregated volume Price | n/a |
e) | Date of the transaction | 23 November 2017
|
f) | Place of the transaction | London Stock Exchange, AIM (LON:NGR) |
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