23 Aug 2021 07:00
THIS ANNOUNCEMENT CONTAINS INSIDE INFORMATION FOR THE PURPOSES OF ARTICLE 7 OF REGULATION 2014/596/EU WHICH IS PART OF DOMESTIC UK LAW PURSUANT TO THE MARKET ABUSE (AMENDMENT) (EU EXIT) REGULATIIONS (SI 2019/310) ("UK MAR"). UPON THE PUBLICATION OF THIS ANNOUNCEMENT, THIS INSIDE INFORMATION (AS DEFINED IN UK MAR) IS NOW CONSIDERED TO BE IN THE PUBLIC DOMAIN.
FOR IMMEDIATE RELEASE |
|
PANTHER METALS PLC
("Panther" or the "Company")
(Incorporated in the Isle of Man with company number 009753V)
23rd August 2021
PDMR Dealing
Panther Metals PLC (LSE:PALM) the company focused on mineral exploration in Canada and Australia, announces that it was notified on 20 August 2021, that Nicholas O'Reilly, a non-executive director of the Company, has, in order to effect a "Bed and ISA" transaction, sold 416,665 ordinary shares of no par value in the Company ("Ordinary Shares") at a price of 11.5p per Ordinary Share and then repurchased, into his Individual Savings Account (ISA), the same number of 416,665 Ordinary Shares together with an additional 3,806 Ordinary Shares, at a weighted average price of 11.51p per Ordinary Share.
Following the transactions, the number of shares in which Nicholas O'Reilly has an interest has increased by 3,806 Ordinary Shares to 420,471 Ordinary Shares equivalent to 0.68% of the issued share capital.
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 O'Reilly | ||||
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 | Panther Metals plc | ||||
b)
| LEI
| 213800FE99O4CN3DJU27 | ||||
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 no par value | ||||
| Identification code
| IM00BKDM2T52
| ||||
b)
| Nature of the transaction
| On market sale of Ordinary Shares | ||||
c)
| Price(s) and volume(s)
|
| ||||
d) | Aggregated information · Aggregated volume
· Price
|
416,665 GBP 47,916.475
| ||||
e)
| Date of the transaction | 20 AUGUST 2021 | ||||
f)
| Place of the transaction
| XLON | ||||
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 | |||||||
a)
| Name | Nicholas O'Reilly | ||||||
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 | Panther Metals plc | ||||||
b)
| LEI
| 213800FE99O4CN3DJU27 | ||||||
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 no par value | ||||||
| Identification code
| IM00BKDM2T52
| ||||||
b)
| Nature of the transaction
| On market purchase of Ordinary Shares: (i) 4,186 Ordinary Shares via Barclays ISA; and
(ii) 416,285 Ordinary Shares via Barclays ISA. | ||||||
c)
| Price(s) and volume(s)
|
| ||||||
d) | Aggregated information
· Aggregated volume
· Price
|
420,471
GBP 48,414.212
| ||||||
e)
| Date of the transaction | 20 August 2021 | ||||||
f)
| Place of the transactions
| XLON | ||||||
Date of notification: 20 August 2021
For the purposes of UK MAR, the person responsible for arranging for the release of this announcement on behalf of Panther is Darren Hazelwood, Chief Executive Officer.
For further information please contact:
Panther Metals PLC:
Darren Hazelwood, Chief Executive Officer: +44(0) 1462 429 743
+44(0) 7971 957 685
Mitchell Smith, Chief Operating Officer: +1(604) 209 6678
Broker:
SI Capital Limited
Nick Emerson +44(0) 1438 416 500
Panther Metals (PALM)