Rainbow Rare Earths Phalaborwa project shaping up to be one of the lowest cost producers globally. Watch the video here.

Less Ads, More Data, More Tools Register for FREE

Purchase of Shares by a Director

13 Mar 2020 07:00

RNS Number : 0188G
Cadence Minerals PLC
13 March 2020
 

Cadence Minerals Plc

("Cadence Minerals", "Cadence" or "the Company")

Purchase of Shares by a Director

The Company announces that Kiran Morzaria, Director and CEO of the Company, today notified the Company that he purchased 254,741 ordinary shares in the Company ("Common Shares") at a price of 3.9 pence per Common Share. Further details of this purchase are disclosed in the table below.

Following this notification, Kiran Morzaria has a beneficial holding of 864,312 Common Shares.

For further information:

Cadence Minerals plc

+44 (0) 207 440 0647

Andrew Suckling

Kiran Morzaria

WH Ireland Limited (NOMAD & Broker)

+44 (0) 207 220 1666

James Joyce

James Sinclair-Ford

Hannam & Partners LLP (Joint Broker)

+44 (0) 207 907 8500

Neil Passmore

Ingo Hofmaier

Novum Securities Limited (Joint Broker)

+44 (0) 207 399 9400

Jon Belliss

 

1

Details of the person discharging managerial responsibilities/person closely associated

a

Name

Kiran Morzaria

2

Reason for the notification

a

Position/status

Director & CEO

b

Initial notification/ Amendment

Initial notification

3

Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor

a

Name

Cadence Minerals PLC

b

LEI

213800TUZWG9C2GRNO58

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 Share

 

 

GB00B067JC96

b

Nature of the transaction

Purchase of Common Shares

 

 

c)

Price(s) and volume(s)

Price(s)

Volume(s)

0.039

254,741

d

Aggregated information

- Aggregated volume

- Price

 

 

254,741

 

0.039

e

Date of the transaction

12/03/2020

f

Place of the transaction

AIM

 

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.
 
END
 
 
DSHSFMEFEESSEFD

Related Shares

Back to RNS

Due to London Stock Exchange licensing terms, we stipulate that you must be a private investor. We apologise for the inconvenience.

To access our Live RNS you must confirm you are a private investor by using the button below.

Login to your account

Don't have an account? Click here to register.

Quickpicks are a member only feature

Login to your account

Don't have an account? Click here to register.