Power Metal Resources PLC Director/PDMR Shareholding (8904C)
June 23 2021 - 10:17AM
UK Regulatory
TIDMPOW
RNS Number : 8904C
Power Metal Resources PLC
23 June 2021
23 June 2021
Power Metal Resources plc ("Power Metal" or the "Company")
Director Dealing
Power Metal Resources plc (LON:POW) the AIM listed metals
exploration and development company was notified today that Paul
Johnson, Chief Executive Officer of the Company, purchased 500,000
ordinary shares of 0.1 pence each in the Company ("Ordinary
Shares") on market at a price of 2.2p per Ordinary Share through
his Self-Invested Personal Pension ("SIPP")(GBP11,000 invested in
this transaction).
Following the above purchase Mr Johnson has a beneficial
interest in a total of 63,500,000 Ordinary Shares, representing
approximately 5.54% of the issued share capital of the Company.
PDMR Disclosure
The notifications below, made in accordance with the
requirements of the EU Market Abuse Regulation, provide further
detail on the director's share dealing.
1 Details of the person discharging managerial responsibilities
/ person closely associated
a) Name
1. Paul Johnson
-------------------------------------- --------------------------------------------
2 Reason for the notification
------------------------------------------------------------------------------------
a) Position/status
1. Chief Executive Officer
-------------------------------------- --------------------------------------------
b) Initial notification
/Amendment Initial Notification
-------------------------------------- --------------------------------------------
3 Details of the issuer, emission allowance market participant,
auction platform, auctioneer or auction monitor
------------------------------------------------------------------------------------
a) Name
Power Metal Resources Plc
-------------------------------------- --------------------------------------------
b) LEI
213800VNXOUPHTX53686
-------------------------------------- --------------------------------------------
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 ordinary shares of 0.1p each
instrument, type of
instrument
Identification code ISIN: GB00BYWJZ743
b) Nature of the transaction
1. Purchase of Ordinary Shares
-------------------------------------- --------------------------------------------
c) Price(s) and volume(s)
--------------------- ------------------
Price(s) Volume(s)
--------------------- ------------------
2.2 pence 500,000
----------------------------------------------------------------- ------------------
d) Aggregated information
- Aggregated volume 500,000
- Price 2.2 pence
e) Date of the transaction 23 June 2021
-------------------------------------- --------------------------------------------
f) Place of the transaction XLON
-------------------------------------- --------------------------------------------
**Ends**
Certain information contained in this announcement would have
been deemed inside information for the purposes of Article 7 of the
Market Abuse Regulation (EU) 596/2014 as it forms part of UK
domestic law by virtue of the European Union (Withdrawal) Act 2018
("MAR"), and is disclosed in accordance with the Company's
obligations under Article 17 of MAR.
For further information please visit
https://www.powermetalresources.com/ or contact:
Power Metal Resources plc
Paul Johnson (Chief Executive Officer) +44 (0) 7766 465 617
SP Angel Corporate Finance (Nomad and Joint Broker)
Ewan Leggat/Charlie Bouverat +44 (0) 20 3470 0470
SI Capital Limited (Joint Broker)
Nick Emerson +44 (0) 1483 413 500
First Equity Limited (Joint Broker)
David Cockbill/Jason Robertson +44 (0) 20 7330 1883
Notes to Editors:
Power Metal Resources plc (LON:POW) is an AIM listed metals
exploration and development company seeking a large scale metal
discovery.
The Company has a global portfolio of project interests
including precious and base metal exploration in North America,
Africa and Australia. Project interests range from early stage
greenfield exploration to later stage prospects currently subject
to drill programmes.
The Board and its team of advisors have expertise in project
generation, exploration and development and have identified an
opportunity to utilise the Company's position to become a leader in
the London market for investors wishing to gain exposure to
proactive global metals exploration.
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.
RNS may use your IP address to confirm compliance with the terms
and conditions, to analyse how you engage with the information
contained in this communication, and to share such analysis on an
anonymised basis with others as part of our commercial services.
For further information about how RNS and the London Stock Exchange
use the personal data you provide us, please see our Privacy
Policy.
END
DSHMZGZVDFFGMZM
(END) Dow Jones Newswires
June 23, 2021 10:17 ET (14:17 GMT)
African Battery Metals (LSE:ABM)
Historical Stock Chart
From Apr 2024 to May 2024
African Battery Metals (LSE:ABM)
Historical Stock Chart
From May 2023 to May 2024