14 Dec 2017 17:02
Shanta Gold Limited
("Shanta Gold", "Shanta" or the "Company")
Director/PDMR Shareholding
Notification of transaction by Person Discharging Managerial Responsibilities ("PDMR')
1. | Details of the person discharging managerial responsibilities / person closely associated | ||
a. | Name | Robin Fryer | |
2. | Reason for the notification | ||
a. | Position/status | Non-Executive Director | |
b. | Initial notification /Amendment | Initial Notification | |
3. | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | ||
a. | Name | Shanta Gold Limited | |
b. | LEI | 2138004VR5BVV1VD7P81 | |
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 shares of 0.01 pence each GB00BOC6R828
| |
b. | Nature of the transaction | Sale of shares | |
c. | Price(s) and volume(s) | Price(s) 4.5 pence | Volume(s) 30,000 |
d. | Aggregated information · Aggregated volume · Price |
30,000 4.5 pence | |
e. | Date of the transaction | 13 December 2017 | |
f. | Place of the transaction | London Stock Exchange | |
Following the sale, Robin Fryer holds 900,000 ordinary shares in the Company which represents 0.12% of the Company's issued share capital.
This announcement is made in accordance with Article 19 of the EU Market Abuse Regulation 596/2014.
Enquiries:
Shanta Gold Limited | |
Eric Zurrin (CEO) | +255 (0)22 292 5148 |
Luke Leslie (CFO)
| |
Nominated Adviser and Broker | |
Peel Hunt LLP | |
Ross Allister / Chris Burrows / James Bavister | +44 (0)20 7418 8900 |
Financial Public Relations | |
Tavistock | |
Jos Simson / Charles Vivian / Barnaby Hayward | +44 (0)20 7920 3150 |
About Shanta Gold
Shanta Gold is an East Africa-focused gold producer. It currently has defined ore resources on the New Luika and Singida projects in Tanzania and holds exploration licenses covering approximately 1,500km2 in the country. Shanta's flagship New Luika Gold Mine commenced production in 2012 and produced 87,714 ounces in 2016. The Company has been admitted to trading on London's AIM and has approximately 769 m shares in issue. For further information please visit: www.shantagold.com.
ENDS
Shanta Gold (SHG)