Scotgold Resources Ltd Director Dealing (3726F)
October 26 2018 - 10:45AM
UK Regulatory
TIDMSGZ
RNS Number : 3726F
Scotgold Resources Ltd
26 October 2018
26 October, 2018
Scotgold Resources Limited
("Scotgold" or the "Company")
Notification of Transaction of Persons Discharging
Managerial
Responsibilities ("PDMR")
The Company announces that it was notified on 25 October 2018
that Nathaniel le Roux, Non-Executive Chairman of the Company,
acquired 50,000 ordinary shares of no par value each ("Ordinary
Shares") at a price of 27.5 pence per share on 23 October 2018.
Following the purchase of 50,000 shares, Nathaniel le Roux will
have a beneficial interest in 22,468,223 Ordinary Shares,
representing approximately 49.23% (previously 49.12%) of the
ordinary share capital of the Company.
The Company confirms that it did not have inside information at
the time the instruction for the purchase of Ordinary Shares was
issued and that the purchase of shares by Nathaniel le Roux was in
accordance with the Company's Share Dealing Policy
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) Full name Nathaniel le Roux
of person
Dealing
---------------------- ------------------------------------------------------------
2. Reason for notification
------------------------------------------------------------------------------------
(a) Position/status Non-Executive Chairman
---------------------- ------------------------------------------------------------
(b) Initial notification/ Initial notification
Amendment
---------------------- ------------------------------------------------------------
3. Details of the issuer, emission allowance market participant,
auction platform, auctioneer or auction monitor
------------------------------------------------------------------------------------
(a) Name of entity Scotgold Resources Limited
---------------------- ------------------------------------------------------------
(b) LEI 213800HL5A2K7LW2G360
---------------------- ------------------------------------------------------------
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 Ordinary Shares of No Par Value
of the financial
instrument,
type of instrument
---------------------- ------------------------------------------------------------
(b) Identification AU000XINEAK5
code
---------------------- ------------------------------------------------------------
(c) Nature of On market purchase of shares
the transaction
---------------------- ------------------------------------------------------------
(d) Price(s) and Prices(s) Volume(s)
volume(s) 27.5 pence 50,000
----------
---------------------- ------------------------------------------------------------
(e) Aggregated Single transaction as in 4(d) above Prices(s) Volume(s)
information: 27.5 pence 50,000
- Aggregated ----------
volume
- Price
---------------------- ------------------------------------------------------------
(f) Date of transaction 23 October 2018
---------------------- ------------------------------------------------------------
(g) Place of transaction XLON
---------------------- ------------------------------------------------------------
Certain information contained in this announcement would have
been deemed inside information for the purposes of Article 7 of
Regulation (EU) No 596/2014 until the release of this
announcement.
For further information please contact:
Scotgold Resources Limited Tel: +44 (0)1838 400 306
Richard Gray
SP Angel Corporate Finance Tel +44 (0) 20 3470 0470
LLP
Nomad and Joint Broker
Ewan Leggat / Charlie Bouverat
Smaller Company Capital Ltd Tel: +44 (0)20 3651 2911
Joint Broker
Rupert Williams
Capital Markets Consultants Tel: +44 (0) 7703 167065
Financial PR
Simon Rothschild
This information is provided by RNS, the news service of the
London Stock Exchange. RNS is approved by the Financial Conduct
Authority to act as a Primary Information Provider in the United
Kingdom. Terms and conditions relating to the use and distribution
of this information may apply. For further information, please
contact rns@lseg.com or visit www.rns.com.
END
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