Shanta Gold Limited Replacement - Director Dealing (3637S)
December 20 2016 - 5:52AM
UK Regulatory
TIDMSHG
RNS Number : 3637S
Shanta Gold Limited
20 December 2016
20 December 2016
GENERAL TEXT AMENDEMENT
The following amendment has been made to the Director Dealing
announcement released on 20 December 2016 at 07:00 under RNS No
2920S.
The second paragraph should have stated: "Following this sale,
Robin Fryer holds 690,000 ordinary shares in the Company which
represents 0.12% of the Company's issued share capital."
All other details remain unchanged.
The full amended text is shown below.
Shanta Gold Limited
("Shanta Gold", "Shanta" or the "Company")
Director Dealing
Shanta Gold (AIM: SHG), the East Africa-focused gold producer,
developer and explorer, was informed on 19 December 2016 that Robin
Fryer, Non-Executive Director of Shanta Gold, has sold on the same
date, 30,000 ordinary shares in the Company at a price of 9 pence
per share.
Following this sale, Robin Fryer holds 690,000 ordinary shares
in the Company which represents 0.12% of the Company's issued share
capital.
Enquiries:
Shanta Gold Limited
Toby Bradbury (CEO) +255 (0)22 2601
Mark Rosslee (CFO) 829
Nominated Adviser and
Broker
Peel Hunt LLP
Matthew Armitt / Ross +44 (0)20 7418
Allister / Chris Burrows 8900
Financial Public Relations
Tavistock
+44 (0)20 7920
Emily Fenton / Jos Simson 3150
About Shanta Gold
Shanta Gold is an East Africa-focused gold producer, developer
and explorer. It currently has defined ore resources on the New
Luika and Singida projects in Tanzania and holds exploration
licences over a number of additional properties in the country.
Shanta's flagship New Luika Gold Mine commenced production in 2012
and produced 81,873 ounces in 2015. The Company is admitted to
trading on London's AIM and has approximately 583 million shares in
issue.
This announcement is inside information for the purposes of
Article 7 of Regulation 596/2014.
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. Name Robin Fryer
--- -------------------------- ------------------------------------
2. Reason for the notification
--- ----------------------------------------------------------------
a. Position/status Non-Executive Director
--- -------------------------- ------------------------------------
b. Initial notification Initial Notification
/Amendment
--- -------------------------- ------------------------------------
3. Details of the issuer, emission allowance
market participant, auction platform, auctioneer
or auction monitor
--- ----------------------------------------------------------------
a. Name Shanta Gold Limited
--- -------------------------- ------------------------------------
b. LEI N/A
--- -------------------------- ------------------------------------
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 0.01 pence
of the each
Financial
instrument, GB00BOC6R828
type
of instrument
Identification
code
--- -------------------------- ------------------------------------
b. Nature of
the transaction Sale of ordinary shares
--- -------------------------- ------------------------------------
c. Price(s) and Price(s) Volume(s)
volume(s) --------- ----------
9p 30,000
--------- ----------
--- -------------------------- ------------------------------------
d. Aggregated
information
--- ------------------------------------
-- Aggregated
volume
---
-- Price N/A (Single transaction)
--- ------ ------------------ ------------------------------------
e. Date of the 2016/12/19
transaction
--- -------------------------- ------------------------------------
f. Place of the London Stock Exchange
transaction
--- -------------------------- ------------------------------------
This information is provided by RNS
The company news service from the London Stock Exchange
END
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