Georgian Mining Corporation Director Dealings (6773H)
November 19 2018 - 2:00AM
UK Regulatory
TIDMGEO
RNS Number : 6773H
Georgian Mining Corporation
19 November 2018
19 November 2018
Georgian Mining Corporation
Director Dealings
Georgian Mining Corporation ('GEO') announces that it was
notified today that on 16 November 2018, Mr Michael Struthers,
Chief Executive Officer of the Company, purchased 350,000 ordinary
shares of no par value in the share capital of the Company
('Ordinary Shares'), Mr Gregory Kuenzel, Finance Director of the
Company, purchased 250,000 Ordinary Shares, Mr Neil O'Brien,
Non-Executive Chairman of the Company, purchased 250,000 Ordinary
Shares, Mr Laurence Mutch, Non-Executive Director of the Company,
purchased 150,000 Ordinary Shares and Mr Peter Damouni,
Non-Executive Director of the Company, purchased 220,000 Ordinary
Shares. The Ordinary Shares have been purchased at a price of 6.5
pence per Ordinary Share.
Following this purchase, Mr Michael Struther's total beneficial
ownership in the Company is 350,000 Ordinary Shares representing
0.30% of the Company's issued share capital, Mr Gregory Kuenzel's
total beneficial ownership in the Company is 597,467 Ordinary
Shares representing 0.52% of the Company's issued share capital, Mr
Neil O'Brien's total beneficial ownership in the Company is
1,650,000 Ordinary Shares representing 1.44% of the Company's
issued share capital, Mr Laurence Mutch's total beneficial
ownership in the Company is 150,000 Ordinary Shares representing
0.13% of the Company's issued share capital, Mr Peter Damouni's
total beneficial ownership in the Company is 407,500 Ordinary
Shares representing 0.36% of the Company's issued share
capital.
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: Michael Struthers
----------------------------------------- --------------------------------------
2. Reason for the notification
---------------------------------------------------------------------------------
a) Position/status: 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: 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 instrument, Ordinary shares of
type of instrument: 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)
6.5 pence 350,000
----------
----------------------------------------- --------------------------------------
d) Aggregated information: Single transaction as
Aggregated volume: in 4 c) above Price(s) Volume(s)
Price: 6.5 pence 350,000
----------
----------------------------------------- --------------------------------------
e) Date of the transaction: 2018-11-16
12.00 hrs UTC
----------------------------------------- --------------------------------------
f) Place of the transaction: AIM, London Stock Exchange
----------------------------------------- --------------------------------------
1. Details of the person discharging managerial responsibilities/person
closely associated
a) Name: Gregory Kuenzel
----------------------------------------- --------------------------------------
2. Reason for the notification
---------------------------------------------------------------------------------
a) Position/status: Finance 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 instrument, Ordinary shares of no
type of instrument: par value
Identification code: VGG9688A1003
----------------------------------------- --------------------------------------
b) Nature of the transaction: Purchase of ordinary
shares
----------------------------------------- --------------------------------------
c) Price(s) and volume(s): Price(s) Volume(s)
6.5 pence 250,000
----------
----------------------------------------- --------------------------------------
d) Aggregated information: Single transaction as
Aggregated volume: in 4 c) above Price(s) Volume(s)
Price: 6.5 pence 250,000
----------
----------------------------------------- --------------------------------------
e) Date of the transaction: 2018-11-16
12.00 hrs UTC
----------------------------------------- --------------------------------------
f) Place of the transaction: AIM, London Stock Exchange
----------------------------------------- --------------------------------------
1. Details of the person discharging managerial responsibilities/person
closely associated
a) Name: Neil O'Brien
----------------------------------------- --------------------------------------
2. Reason for the notification
---------------------------------------------------------------------------------
a) Position/status: Non-Executive Chairman
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 instrument, Ordinary shares of no
type of instrument: par value
Identification code: VGG9688A1003
----------------------------------------- --------------------------------------
b) Nature of the transaction: Purchase of ordinary
shares
----------------------------------------- --------------------------------------
c) Price(s) and volume(s): Price(s) Volume(s)
6.5 pence 250,000
----------
----------------------------------------- --------------------------------------
d) Aggregated information: Single transaction as
Aggregated volume: in 4 c) above Price(s) Volume(s)
Price: 6.5 pence 250,000
----------
----------------------------------------- --------------------------------------
e) Date of the transaction: 2018-11-16
12.00 hrs UTC
----------------------------------------- --------------------------------------
f) Place of the transaction: AIM, London Stock Exchange
----------------------------------------- --------------------------------------
1. Details of the person discharging managerial responsibilities/person
closely associated
a) Name: Laurence Mutch
----------------------------------------- --------------------------------------
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 instrument, Ordinary shares of no
type of instrument: par value
Identification code: VGG9688A1003
----------------------------------------- --------------------------------------
b) Nature of the transaction: Purchase of ordinary
shares
----------------------------------------- --------------------------------------
c) Price(s) and volume(s): Price(s) Volume(s)
6.5 pence 150,000
----------
----------------------------------------- --------------------------------------
d) Aggregated information: Single transaction as
Aggregated volume: in 4 c) above Price(s) Volume(s)
Price: 6.5 pence 150,000
----------
----------------------------------------- --------------------------------------
e) Date of the transaction: 2018-11-16
12.00 hrs UTC
----------------------------------------- --------------------------------------
f) Place of the transaction: AIM, London Stock Exchange
----------------------------------------- --------------------------------------
1. Details of the person discharging managerial responsibilities/person
closely associated
a) Name: Peter Damouni
----------------------------------------- --------------------------------------
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 instrument, Ordinary shares of no
type of instrument: par value
Identification code: VGG9688A1003
----------------------------------------- --------------------------------------
b) Nature of the transaction: Purchase of ordinary
shares
----------------------------------------- --------------------------------------
c) Price(s) and volume(s): Price(s) Volume(s)
6.5 pence 220,000
----------
----------------------------------------- --------------------------------------
d) Aggregated information: Single transaction as
Aggregated volume: in 4 c) above Price(s) Volume(s)
Price: 6.5 pence 220,000
----------
----------------------------------------- --------------------------------------
e) Date of the transaction: 2018-11-16
12.00 hrs UTC
----------------------------------------- --------------------------------------
f) Place of the transaction: AIM, London Stock Exchange
----------------------------------------- --------------------------------------
**ENDS**
For further information please visit www.georgianmining.com or
contact:
Mike Struthers Georgian Mining Corporation Company Tel: 020 7907
9327
Ewan Leggat S. P. Angel Corporate Nomad & Broker Tel: 020 3470
Finance LLP 0470
Soltan Tagiev S. P. Angel Corporate Nomad & Broker Tel: 020 3470
Finance LLP 0470
Damon Heath Shard Capital Partners Joint Broker Tel: 020 7186
LLP 9950
Camilla Horsfall Blytheweigh PR Tel: 020 7138
3224
Julia Tilley Blytheweigh PR Tel: 020 7138
3553
Simon Woods Blytheweigh PR Tel: 020 7138
3204
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END
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