Anglo Asian Mining PLC (ISE:AAZ)

Anglo Asian Mining PLC (ISE:AAZ)


Share Price
89.60 p
Change
1.6 (1.82 %)
Market Cap
£102.50 m
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Anglo Asian Mining PLC RNS Release

PDMR Dealing


RNS Number : 6058I
Anglo Asian Mining PLC
27 November 2018
 

Anglo Asian Mining plc / Ticker: AAZ / Index: AIM / Sector Mining

27 November 2018

Anglo Asian Mining plc

PDMR Dealing

 

Anglo Asian Mining plc ("Anglo Asian" or the "Company"), the AIM-listed gold, copper and silver producer focused in Azerbaijan, announces that it was notified yesterday that on 22 and 23 November 2018, a person discharging managerial responsibility, Stephen Westhead, Director of Geology purchased a total of 60,000 ordinary shares of 1 pence each in the capital of the Company ("Ordinary Shares") at an average price of 86.3 pence per share.

 

Following these transactions, Stephen Westhead holds a beneficial interest in 235,000 Ordinary Shares representing approximately 0.21 per cent. of the Company's issued share capital.

 

Market Abuse Regulation (MAR) Disclosure

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.

The notifications below, made in accordance with the requirements of the EU Market Abuse Regulation, provide further detail on the director's share dealing.

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:

Stephen Westhead

2.     

Reason for the notification

a)

Position/status:

Director of Geology (non-board)

b)

Initial notification/Amendment:

Initial notification

3.     

Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor

a)

Name:

Anglo Asian Mining plc

b)

LEI:

213800F9JM669WH34359

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 instrument, type of instrument:

Identification code:

Ordinary shares of 1 pence each

 GB00B0C18177

b)

Nature of the transaction:

Purchase of shares

c)

Price(s) and volume(s):

 

Price(s)

Volume(s)

£0.850

£0.872

£0.929

29,401

28,650

1,949

 

 

 

d)

Aggregated information:

Aggregated volume:

Price:

 

Price(s)

Volume(s)

£0.863

60,000

 

e)

Date of the transaction:

08:18am, 22 November 2018

08.56am, 22 November 2018

03.39pm, 23 November 2018

f)

Place of the transaction:

London Stock Exchange, AIM Market

 

**ENDS**

For further information please visit www.angloasianmining.com or contact:

 

 

Reza Vaziri

Anglo Asian Mining plc

Tel: +994 12 596 3350

Bill Morgan

Anglo Asian Mining plc

Tel: +994 502 910 400

Stephen Westhead

Anglo Asian Mining plc

Tel: +994 502 916 894

Ewan Leggat

SP Angel Corporate Finance LLP

Nominated Adviser and Broker

Tel: +44 (0) 20 3470 0470

Soltan Tagiev

SP Angel Corporate Finance LLP

Nominated Adviser and Broker

Tel + 44 (0) 20 3470 0470

Susie Geliher

St Brides Partners Ltd

Tel: +44 (0) 20 7236 1177

Gaby Jenner

St Brides Partners Ltd

Tel: +44 (0) 20 7236 1177

 

 


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 [email protected] or visit www.rns.com.
 
END
 
 
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