Georgian Mining Corporation Director Dealings (1122X)
February 16 2017 - 9:35AM
UK Regulatory
TIDMGEO
RNS Number : 1122X
Georgian Mining Corporation
16 February 2017
16 February 2017
Georgian Mining Corporation
Director Dealings
Georgian Mining Corporation ('GEO') announces that it was
informed today that on 15 February 2017 Roderick McIllree,
Non-Executive Director of the Company, purchased 820,000 ordinary
shares of no par value in the Company ('Ordinary Shares') at an
average price of 9.53 pence per share and Gregory Kuenzel, Managing
Director of the Company, purchased 100,000 Ordinary Shares at a
price of 9.875 pence per share.
Following this purchase, Mr. McIllree and Mr. Kuenzel's total
beneficial ownership in the Company are 1,543,764 Ordinary Shares,
which represents approximately 1.92% of the Company's issued share
capital and 347,467 Ordinary Shares, which represents approximately
0.43% of the Company's issued share capital respectively.
Market Abuse Regulation (MAR) Disclosure
The notification below, made in accordance with the requirements
of the EU Market Abuse Regulation, provides further detail on the
dealings by a director.
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: Roderick McIllree
--- --------------------------------- ----------------------------------------
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: Georgian Mining
Corporation
--- --------------------------------- ----------------------------------------
b) LEI: 2138002IOR7OCZZPB279
--- --------------------------------- ----------------------------------------
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
instrument, type of instrument: of no par value
Identification code: VGG9688A1003
--- --------------------------------- ----------------------------------------
b) Nature of the transaction: Purchase of ordinary
shares
--- --------------------------------- ----------------------------------------
c) Price(s) and volume(s): Price(s) Volume(s)
------------- ----------
9.825 pence 500,000
------------- ----------
--- --------------------------------- ----------------------------------------
d) Aggregated information: Single transaction
Aggregated volume: as in 4 c) above Price(s) Volume(s)
Price: ---------- ----------
9.825
pence 500,000
---------- ----------
--- --------------------------------- ----------------------------------------
e) Date of the transaction: 2017-02-15
13.03hrs UTC
--- --------------------------------- ----------------------------------------
f) Place of the transaction: London Stock Exchange
(XLON)
--- --------------------------------- ----------------------------------------
1. Details of the person discharging managerial
responsibilities/person closely associated
--- ---------------------------------------------------------------------------
a) Name: Roderick McIllree
--- --------------------------------- ----------------------------------------
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: Georgian Mining
Corporation
--- --------------------------------- ----------------------------------------
b) LEI: 2138002IOR7OCZZPB279
--- --------------------------------- ----------------------------------------
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
instrument, type of instrument: of no par value
Identification code: VGG9688A1003
--- --------------------------------- ----------------------------------------
b) Nature of the transaction: Purchase of ordinary
shares
--- --------------------------------- ----------------------------------------
c) Price(s) and volume(s): Price(s) Volume(s)
------------ ----------
9.06 pence 320,000
------------ ----------
--- --------------------------------- ----------------------------------------
d) Aggregated information: Single transaction
Aggregated volume: as in 4 c) above Price(s) Volume(s)
Price: ---------- ----------
9.06
pence 320,000
---------- ----------
--- --------------------------------- ----------------------------------------
e) Date of the transaction: 2017-02-15
08.15hrs UTC
--- --------------------------------- ----------------------------------------
f) Place of the transaction: Outside a trading
venue
--- --------------------------------- ----------------------------------------
1. Details of the person discharging managerial
responsibilities/person closely associated
--- ---------------------------------------------------------------------------
a) Name: Gregory Kuenzel
--- --------------------------------- ----------------------------------------
2. Reason for the notification
--- ---------------------------------------------------------------------------
a) Position/status: Managing Director
--- --------------------------------- ----------------------------------------
b) Initial notification/Amendment: Initial notification
--- --------------------------------- ----------------------------------------
3. Details of the issuer, emission allowance
market participant, auction platform, auctioneer
or auction monitor
--- ---------------------------------------------------------------------------
a) Name: Georgian Mining
Corporation
--- --------------------------------- ----------------------------------------
b) LEI: 2138002IOR7OCZZPB279
--- --------------------------------- ----------------------------------------
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
instrument, type of instrument: of no par value
Identification code: VGG9688A1003
--- --------------------------------- ----------------------------------------
b) Nature of the transaction: Purchase of ordinary
shares
--- --------------------------------- ----------------------------------------
c) Price(s) and volume(s): Price(s) Volume(s)
------------- ----------
9.875 pence 100,000
------------- ----------
--- --------------------------------- ----------------------------------------
d) Aggregated information: Single transaction
Aggregated volume: as in 4 c) above Price(s) Volume(s)
Price: ---------- ----------
9.875
pence 100,000
---------- ----------
--- --------------------------------- ----------------------------------------
e) Date of the transaction: 2017-02-15
13.43hrs UTC
--- --------------------------------- ----------------------------------------
f) Place of the transaction: London Stock Exchange
(XLON)
--- --------------------------------- ----------------------------------------
**ENDS**
For further information please visit www.georgianmining.com or
contact:
Greg Kuenzel Georgian Mining Company Tel: 020 7907
Corporation 9327
Ewan Leggat S. P. Angel Corporate Nomad & Tel: 020 3470
Finance LLP Broker 0470
Laura Harrison S. P. Angel Corporate Nomad & Tel: 020 3470
Finance LLP Broker 0470
Damon Heath Shard Capital Partners Joint Broker Tel: 0207
LLP 186 9950
Elisabeth St Brides Partners PR Tel: 020 7236
Cowell Ltd 1177
About Georgian Mining Corporation
Georgian Mining Corporation has 50% ownership and operational
control of the Bolnisi Copper and Gold Project in Georgia, situated
on the prolific Tethyan Belt, a well-known geological region and
host to many high grade copper-gold deposits and producing
mines.The Bolnisi licence covers an area of over 860 sq km and has
a 30 year mining licence with two advanced exploration projects;
Kvemo Bolnisi and Tsitsel Sopeli. These projects are proximal to
existing mining operations which are owned by the Company's
supportive joint venture partner. Georgia has an established mining
code and is a jurisdiction open to direct foreign investment.
This information is provided by RNS
The company news service from the London Stock Exchange
END
DSHFMGMZDVKGNZM
(END) Dow Jones Newswires
February 16, 2017 09:35 ET (14:35 GMT)
Empire Metals (LSE:EEE)
Historical Stock Chart
From Apr 2024 to May 2024
Empire Metals (LSE:EEE)
Historical Stock Chart
From May 2023 to May 2024