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 sold
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 12,920,000 (twelve
million nine hundred-and-twenty thousand) Shares representing 13.18
percent of the issued Share capital (previously 19,670,000 or 20.07
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 Eight Capital Partners
plc, the NEX Exchange-quoted investment vehicle of which
John Treacy, a Director of the
Company, is also a director, has acquired 6,750,000 (six million
seven hundred-and-fifty thousand) Shares representing 6.89 per cent
of the issued Share capital of Pelican House Mining at a price of
0.5 pence Sterling per Share,
bringing its holding to 15,000,000 (fifteen million) Shares or
15.31 per cent of the issued Share capital (previously 8,250,000 or
8.42 per cent)..
Simon
Grant-Rennick,
Chairman,
Pelican House Mining plc,
London, 12th 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;
simon@pelicanhousemining.co.uk
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