MTR Metal Tiger Plc

TIDMMTR 
 
 

28 January 2022

Metal Tiger plc

("Metal Tiger" or the "Company")

Director Dealing

Metal Tiger plc (AIM: MTR, ASX: MTR), the AIM and ASX listed investor in natural resources opportunities, announces that, on 26 and 27 January 2022, the Company's Chief Executive Officer, Michael McNeilly, purchased, in aggregate, 90,000 ordinary shares of 0.1 pence each in the capital of the Company ("Ordinary Shares") on market at an average price of 18.43 pence per share, for a total consideration of GBP16,585.

Following these purchases, Michael McNeilly is interested in 790,000 Ordinary Shares, representing 0.47% of the Company's issued share capital.

PDMR Notification Form:

The notification below is made in accordance with the requirements of the Market Abuse Regulation:

 
1.  Details of the person discharging managerial responsibilities / person 
    closely associated 
a)  Name                                  Michael McNeilly 
2.  Reason for the Notification 
a)  Position/status                       CEO 
b)  Initial notification/amendment        Initial notification 
3.  Details of the issuer, emission allowance market participant, auction 
    platform, auctioneer or auction monitor 
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          Ordinary Shares of 0.01 pence each 
    instrument, type of instrument 
    Identification code                   GB00BYX5K988 
b)  Nature of the Transaction             Purchase 
c)  Price(s) and volume(s)                Price Volume(s) 
                                           18.49 pence 50,000 
                                           18.35 pence 40,000 
d)  Aggregated information                90,000 shares at 18.43 pence per 
     Aggregated volume Price              share 
e)  Date(s) of the transaction(s) 
                                           26 January 2022 
                                           27 January 2022 
f)  Place of the transaction              AIM (LSE) 
 

For further information on the Company, visit www.metaltigerplc.com:

 
Michael McNeilly     (Chief Executive Officer)        Tel: +44 (0)20 3287 5349 
Mark Potter          (Chief Investment Officer) 
 
James Dance          Strand Hanson Limited            Tel +44 (0)20 7409 3494 
 James Harris        (Nominated Adviser) 
 Robert Collins 
 
Paul Shackleton      Arden Partners plc (Broker)      Tel: +44 (0)20 7614 5900 
 Steve Douglas 
 
Gordon Poole         Camarco (Financial PR)           Tel: +44 (0)20 3757 4980 
 James Crothers 
 Rebecca Waterworth 
 

Notes to Editors:

Metal Tiger PLC is admitted to the AIM market of the London Stock Exchange AIM Market ("AIM") and the ASX Market of the Australian Securities Exchange Market ("ASX") 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. Metal Tiger has two investment divisions: Equity Investments and Project Investments.

Equity Investments invests in undervalued natural resource companies. The majority of its investments are listed on AIM, the TSX and the ASX, which includes its interest in Sandfire Resources Limited (ASX: SFR). The Company also considers selective opportunities to invest in private natural resource companies, typically where there is an identifiable path to IPO. Through the trading of equities and warrants, Metal Tiger seeks to generate cash for investment for the Project Investments division.

Project Investments is focused on the development of its key project interests in Botswana, where Metal Tiger has a growing interest in the large and highly prospective Kalahari copper/silver belt through its interest in Kalahari Metals Limited.

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/20220128005223/en/

 
    CONTACT: 

Metal Tiger plc

 
    SOURCE: Metal Tiger plc 
Copyright Business Wire 2022 
 

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