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Ariana Resources PLC

Ariana Resources PLC - Exercise of Options

RNS Number : 3889J
Ariana Resources PLC
23 August 2021
 

 

 

 

 

 

23 August 2021

AIM: AAU

 

Exercise of Options under Employee Share Option Plan

 

Director/PDMR Shareholdings

 

Total Voting Rights

 

Ariana Resources plc ("Ariana" or "the Company"), the AIM-listed mineral exploration and development company with joint-venture gold mining operations in Europe, announces that it received exercise notices under the Ariana Resources PLC 2018 Employee Share Option Plan (the "Notices") as follows:

 

Name of option holder                     Number of Shares

 

Christopher Sangster, Director                       2,000,000  

Michael de Villiers, Chairman                         3,000,000

William Payne, Director                                  2,000,000

 

Accordingly, the Company will issue 7,000,000 new ordinary shares in the Company at a price of 1.55p per share to satisfy the total of 7,000,000 options set out in the Notices ("Option Shares").

 

Application will be made for the Option Shares, which will rank pari passu with all existing ordinary shares, to be admitted to trading on AIM ("Admission").  Admission is expected on or around 27 August 2021.

 

Directors' Dealings

 

The Company were also informed of the following:

 

Michael de Villiers, Chairman on 20 August 2021

 

-     sold a total of 3,800,000 ordinary shares at an average price of 4.68 pence;

-     purchased 900,000 ordinary shares in his SIPP at an average price of 4.85 pence.

 

Mrs de Villiers, wife of Michael de Villiers on 20 August 2021

 

-     purchased 900,000 ordinary shares in her SIPP at an average price of 4.81 pence.

 

Kerim Sener, Managing Director on 20 August 2021

 

-     purchased 160,000 ordinary shares in his SIPP at 4.78 pence.

 

 

 

Following Admission, and the Directors' Dealings as described above, the Directors shareholdings will be as follows:

 

Name of Director                  Number of Shares                % of issued share capital

 

Christopher Sangster              5,927,287                                0.54

Michael John de Villiers          59,400,000                              5.44

William Payne                         11,359,314                              1.74

Kerim Sener                            20,817,526                              1.91

 

Total Voting Rights

 

Following Admission, the number of shares in issue will be ordinary shares of 0.1p each and therefore, the total number of voting rights in the Company will be 1,091,677,943.

The above statement of voting capital may be used by shareholders as the denominator for the calculations by which they will determine if they are required to notify their interest, or a change to their interest, in the Company under the FCA's Disclosure Guidance and Transparency Rules.

Contacts:

 

Ariana Resources plc

Tel: +44 (0) 20 3476 2080

Michael de Villiers, Chairman


Kerim Sener, Managing Director




Beaumont Cornish Limited

Tel: +44 (0) 20 7628 3396

Roland Cornish / Felicity Geidt




Panmure Gordon (UK) Limited

Tel: +44 (0) 20 7886 2500

James Stearns /Atholl Tweedie




Yellow Jersey PR Limited

Tel: +44 (0) 20 3004 9512

Dom Barretto/Joe Burgess

/ Henry Wilkinson

arianaresources@yellowjerseypr.com

 

The following information relating to the transaction has been filed with the FCA in accordance with Article 19(1) of the Market Abuse Regulation.

 

Christopher Sangster

 

1

Details of  the  person  discharging  managerial  responsibilities  /  person  closely associated

a)

Name

Christopher Sangster

2

Reason for notification

a)

Position / status

Director

 

b)

Initial notification

/Amendment

Initial

3

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

a)

Name

Ariana Resources plc

 

b)

LEI

213800LVVY7GZY21LH22

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 0.1 pence each in Ariana Resources plc

 

 

ISIN GB00B085SD50

 


Nature of the transaction

-     Exercise of Options under Employee Share Option Scheme

c)

Price(s) and volumes(s)

 

Price(s)

Volumes(s)

1.55 pence

2,000,000

 

 

d)

Aggregated information

n/a

e)

Date of the transaction

20 August 2021

f)

Place of the transaction

LSX

 

Michael de Villiers

 

1

Details of  the  person  discharging  managerial  responsibilities  /  person  closely associated

a)

Name

Michael de Villiers

2

Reason for notification

a)

Position / status

Director

 

b)

Initial notification

/Amendment

Initial

3

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

a)

Name

Ariana Resources plc

 

b)

LEI

213800LVVY7GZY21LH22

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 0.1 pence each in Ariana Resources plc

 

 

ISIN GB00B085SD50

 


Nature of the transaction

-     Exercise of Options under Employee Share Option Scheme

-     Sale of shares

-     Purchase of share by Mrs de Villiers in SIPP

-     Purchase of shares in SIPP

c)

Price(s) and volumes(s)

 

Price(s)

Volumes(s)

1.55 pence

3,000,000

4.68 pence

3,800,000

4.81 pence

900,000

4.85 pence

900,000

 

 

d)

Aggregated information

n/a

e)

Date of the transaction

20 August 2021

f)

Place of the transaction

LSX

 

 

William Payne

 

1

Details of  the  person  discharging  managerial  responsibilities  /  person  closely associated

a)

Name

William Payne

2

Reason for notification

a)

Position / status

Director

 

b)

Initial notification

/Amendment

Initial

3

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

a)

Name

Ariana Resources plc

 

b)

LEI

213800LVVY7GZY21LH22

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 0.1 pence each in Ariana Resources plc

 

 

ISIN GB00B085SD50

 


Nature of the transaction

-     Exercise of Options under Employee Share Option Scheme

c)

Price(s) and volumes(s)

 

Price(s)

Volumes(s)

1.55 pence

2,000,000

 

 

d)

Aggregated information

n/a

e)

Date of the transaction

20 August 2021

f)

Place of the transaction

LSX

 

 

Kerim Sener

 

1

Details of  the  person  discharging  managerial  responsibilities  /  person  closely associated

a)

Name

Kerim Sener

2

Reason for notification

a)

Position / status

Director

 

b)

Initial notification

/Amendment

Initial

3

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

a)

Name

Ariana Resources plc

 

b)

LEI

213800LVVY7GZY21LH22

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 0.1 pence each in Ariana Resources plc

 

 

ISIN GB00B085SD50

 


Nature of the transaction

-     Purchase of shares in SIPP

c)

Price(s) and volumes(s)

 

Price(s)

Volumes(s)

4.78 pence

160,000

 

 

d)

Aggregated information

n/a

e)

Date of the transaction

20 August 2021

f)

Place of the transaction

LSX

 

 

 

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