Metal Tiger plc Director Dealing
February 15 2019 - 2:00AM
UK Regulatory
TIDMMTR
15 February 2019
Metal Tiger Plc
("Metal Tiger" or the "Company")
Director Dealing
Metal Tiger plc (LON:MTR) announces that, on 14 February 2019,
Mark Potter, Chief Investment Officer and Director, purchased, on
market, 300,000 ordinary shares of 0.01p each in the Company
("Ordinary Shares") at an average price of 1.27 pence per share.
Following this purchase, Mark Potter is interested in 6,300,000
Ordinary Shares, representing approximately 0.47% of the Company's
issued share capital.
In addition, Mark Potter is interested in the following options
to subscribe for new Ordinary Shares:
No of Options Exercise price Expiry Date
1,000,000 3p 18.02.20
4,000,000 6p 11.05.22
10,000,000 3.5p 20.07.23
15,000,000 4.5p 20.07.23
For further information on the Company, visit:
www.metaltigerplc.com:
Michael McNeilly (Chief Executive Officer) Tel: +44 (0)20 7099 0738
Mark Potter (Chief Investment Officer)
Richard Tulloch Strand Hanson Limited Tel +44 (0)20 7409 3494
James Dance (Nominated Adviser)
Jack Botros
Nick Emerson SI Capital (Broker) Tel: +44 (0)1483 413 500
Gordon Poole Camarco (Financial PR) Tel: +44 (0)20 3757 4980
James Crothers
Monique Perks
PDMR Notification
1 Details of the persons discharging managerial responsibilities
a) Name Mark Potter
2 Reason for the notification
a) Position/status Director and Chief Investment Officer
b) Initial notification /Amendment Initial notification
3 Details of the issuer
a) Name Metal Tiger plc
b) LEI 213800K1IN6M1VCVPA93
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 0.01p each
Identification code ISIN for Ordinary Shares: GB0030493232
b) Nature of the transaction Purchase of shares
c) Price(s) and volume(s) Price(s) Volume(s)1.27p 150,0001.27p 150,000
d) Aggregated information 1.27p 300,000 ordinary shares
e) Date of the transaction 14 February 2019
f) Place of the transaction Outside a trading venue.
AIM, London Stock Exchange
The information communicated in this announcement contains
inside information for the purposes of Article 7 of the Market
Abuse Regulation (EU) No. 596/2014.
Notes to Editors:
Metal Tiger plc is listed on the London Stock Exchange AIM
Market ("AIM") with the trading code MTR and invests in high
potential mineral projects with a base, precious and strategic
metals focus.
The Company's target is to deliver a high return for
shareholders by investing in significantly undervalued and/or high
potential opportunities in the mineral exploration and development
sector. The Company's key strategic objective is to ensure the
distribution to shareholders of major returns achieved from
disposals. Metal Tiger has two investment divisions: Direct
Equities and Direct Projects.
The Direct Equities division invests in undervalued natural
resource companies listed on AIM, the ASX and the TSX. Through the
trading of equities and warrants, Metal Tiger seeks to generate
cash for investment in the Direct Projects division.
Metal Tiger's Direct Projects division is focused on the
development of its key project interests in Botswana, Spain and
Thailand. In Botswana, Metal Tiger, through its 10.47% interest in
MOD Resources Limited and related JV, has a growing interest in the
large and highly prospective Kalahari copper/silver belt. In Spain,
the Company has tungsten and gold interests in the highly
mineralised Extremadura region. In Thailand, Metal Tiger has
interests in two potentially near-production stage lead/zinc/silver
mines as well as licences, applications and critical historical
data covering antimony, copper, gold, lead, zinc and silver
opportunities.
The Company actively assesses new investment opportunities on an
on-going basis and has access to a diverse pipeline of new
opportunities in the natural resources and mining sectors. For
pipeline opportunities deemed sufficiently attractive, Metal Tiger
may invest in the project or entity by buying publicly listed
shares, by financing privately and/or by entering into a joint
venture.
View source version on businesswire.com:
https://www.businesswire.com/news/home/20190214005958/en/
This information is provided by Business Wire
(END) Dow Jones Newswires
February 15, 2019 02:00 ET (07:00 GMT)
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