Pelican House
Mining plc
(the "Company" or
"Pelican House Mining")
Dealings by an
ex-Director; Acquisition of Notifiable Interest in Voting
Rights
Through Quetzal Securities Limited, a company controlled by him,
Mark Jackson, FCA, MBA, whose
resignation as Finance Director and as a Director of Pelican House
Mining was recently announced, has this day through the market
disposed of 6,750,000 (six million seven hundred-and-fifty
thousand) ordinary shares of 0.1
pence Sterling each (“Shares) in the capital of the Company
at a price of 0.5 pence Sterling per
Share, representing 6.89 per cent of the issued Share capital of
the Company. Mr. Jackson’s remaining beneficial interest in the
Company is 19,670,000 (nineteen million six hundred-and-seventy
thousand) Shares or 20.07 per cent (previously 26,420,000 or 26.96
per cent).
Although Mr. Jackson has stepped down from his executive
responsibilities and from his directorship of Pelican House Mining,
this Share disposal is treated as “dealings by a Director” and is
subject to the same restrictions and disclosure requirements as if
he were still a Director of the Company.
The Company has today been notified that Pershing Securities
Limited has acquired 8,250,000 (eight million two hundred-and-fifty
thousand) Shares representing 8.42 per cent of the issued Share
capital of Pelican House Mining at an average price of 0.491 pence Sterling per Share on behalf of Eight
Capital Partners plc, the NEX Exchange-quoted investment vehicle of
which John Treacy, a Director of the
Company, is also a director. Eight Capital Partners plc previously
held no interest in the Company.
Simon
Grant-Rennick,
Chairman,
Pelican House Mining plc,
London, 11th December 2018
The foregoing announcement has been issued after due and careful
enquiry; the Directors of Pelican House Mining accept
responsibility for its content.
Enquiries:
Pelican House Mining plc:
Simon Grant-Rennick
E-mail: contact@pelicanhousemining.co.uk;
sgrelk@aol.com
Tel: + 44 797 325
3124
Keith, Bayley, Rogers & Co. Limited: Graham Atthill-Beck
E-mail: Graham.Atthill-Beck@kbrl.co.uk;
blackpearladvisers@gmail.com
Tel: +44 20 7464 4091
Mob: +44 750 643 4107; +971 50 856 9408
Brinsley
Holman
E-mail:
Brinsley.Holman@kbrl.co.uk
Tel: +44 20 7464
4098