2 May 2023 14:25
This announcement contains inside information for the purposes of Article 7 of EU Regulation No. 596/2014, which forms part of United Kingdom domestic law by virtue of the European Union (Withdrawal) Act 2018 (as amended).
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2 May 2023
Ferro-Alloy Resources Limited
("Ferro-Alloy" or "the Company")
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Director Share Purchase
Ferro-Alloy Resources Limited (LSE:FAR), the vanadium producer and developer of the large Balasausqandiq vanadium deposit in Southern Kazakhstan, is pleased to announce it has been informed that on 2 May 2023, Nicholas Bridgen, CEO, purchased 6,400,000 ordinary shares in the Company at a price of 10.15p per ordinary share. Following this purchase Mr Bridgen has a beneficial interest of 59,472,133 shares representing 13.22% of the issued share capital of the Company.
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For further information, visit www.ferro-alloy.com or contact:
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Ferro-Alloy Resources Limited | Nick Bridgen (CEO) / William Callewaert (CFO)  | info@ferro-alloy.com  |
Shore Capital (Joint Corporate Broker) Liberum Capital Limited (Joint Corporate Broker) | Toby Gibbs/John More  Scott Mathieson/William King  | +44 207 408 4090  +44 20 3100 2000  |
St Brides Partners Limited (Financial PR & IR Adviser) | Catherine Leftley/Ana Ribeiro | +44 207 236 1177 |
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Details of the full notifications received by the Company are set out below:
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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   | Nicholas Bridgen | |||
2  | Reason for the notification  | ||||
a)  | Position/status   | CEO of Ferro-Alloy Resources Limited  | |||
b)  | Initial notification /Amendment   | Initial notification | |||
3  | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor  | ||||
a)  | Name   | FERRO-ALLOY RESOURCES LIMITED   | |||
b) Â | LEI Â Â | 2138003T5CF6U9W7Z780 | |||
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) Â | Description of the financial instrument, type of instrument | Ordinary Shares | |||
Identification code | GG00BGDYDZ69 | ||||
b)  | Nature of the transaction   | Off market purchase of shares | |||
c) Â | Price(s) and volume(s) | ||||
Price(s) | Volume(s) | ||||
10.15p | 6,400,000 | ||||
d) Â | Aggregated information | ||||
- Aggregated volume | N/A Single transaction | ||||
- Price | |||||
e)  | Date of the transaction   | 2 MAY 2023 | |||
f)  | Place of the transaction   | Outside a trading venue |
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