Director/PDMR Shareholding

23 November 2015

Acorn Minerals Plc

NOTIFICATION OF TRANSACTIONS OF DIRECTORS/PERSONS DISCHARGING MANAGERIAL RESPONSIBILITY AND CONNECTED PERSONS

Acorn Minerals Plc announces the following transactions of directors and/or persons discharging managerial responsibility:

1. Name of the issuer

Acorn Minerals plc (the "Company")

2. State whether the notification relates to (i) a transaction notified in accordance with DTR

3.1.4R(1)(a)

Transaction notified under DTR 3.1.4R(1)(a)

3. Name of person discharging managerial responsibilities/director

Anthony Brennan - a person discharging managerial responsibilities of the Company

4. State whether notification relates to a person connected with a person discharging managerial responsibilities/director named in 3 and identify the connected person

N/A

5. Indicate whether the notification is in respect of a holding of the person referred to in 3 or 4 above or in respect of a non-beneficial interest

Anthony Brennan

6. Description of shares (including class), debentures or derivatives or financial instruments relating to shares

Ordinary Shares of £0.02 each of the Company

7. Name of registered shareholders(s) and, if more than one, the number of shares held by each of them

Brennan Super (WA) Pty Ltd as trustee for the Brennan Superannuation Fund

8. State the nature of the transaction

Acquisition of shares

9. Number of shares, debentures or financial instruments relating to shares acquired

450,000

10. Percentage of issued class acquired (treasury shares of that class should not be taken into account when calculating percentage)

3.15%

11. Number of shares, debentures or financial instruments relating to shares disposed

N/A

12. Percentage of issued class disposed (treasury shares of that class should not be taken into account when calculating percentage)

N/A

13. Price per share or value of transaction

150,000 at 9 pence per share and 300,000 at 9.5 pence per share

14. Date and place of transaction

19 November 2015, London (150,000 shares)

20 November 2015, London (300,000 shares)

15. Total holding following notification and total percentage holding following notification (any treasury shares should not be taken into account when calculating percentage)

1,700,000 (11.898%) including connected persons

16. Date issuer informed of transaction

20 & 21 November 2015

If a person discharging managerial responsibilities has been granted options by the issuer complete the following boxes

17 Date of grant

N/A

18. Period during which or date on which it can be exercised

N/A

19. Total amount paid (if any) for grant of the option

N/A

20. Description of shares or debentures involved (class and number)

N/A

21. Exercise price (if fixed at time of grant) or indication that price is to be fixed at the time of exercise

N/A

22. Total number of shares or debentures over which options held following notification

150,000

23. Any additional information

N/A

24. Name of contact and telephone number for queries

Anthony Brennan, Executive Chairman

Tel: +61 8 9322 5944

Name and signature of duly authorised officer of issuer responsible for making notification

Anthony Brennan, Executive Chairman

Date of notification

23 November 2015