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Cadence Minerals PLC - Purchase of Shares by a Director

RNS Number : 0188G
Cadence Minerals PLC
13 March 2020
 

Cadence Minerals Plc

("Cadence Minerals", "Cadence" or "the Company")

Purchase of Shares by a Director

The Company announces that Kiran Morzaria, Director and CEO of the Company, today notified the Company that he purchased 254,741 ordinary shares in the Company ("Common Shares") at a price of 3.9 pence per Common Share. Further details of this purchase are disclosed in the table below.

Following this notification, Kiran Morzaria has a beneficial holding of 864,312 Common Shares.

For further information:

Cadence Minerals plc

+44 (0) 207 440 0647

Andrew Suckling


Kiran Morzaria




WH Ireland Limited (NOMAD & Broker)

+44 (0) 207 220 1666

James Joyce


James Sinclair-Ford




Hannam & Partners LLP (Joint Broker)

+44 (0) 207 907 8500

Neil Passmore


Ingo Hofmaier




Novum Securities Limited (Joint Broker)

+44 (0) 207 399 9400

Jon Belliss


 

1

Details of the person discharging managerial responsibilities/person closely associated

a

Name

Kiran Morzaria

2

Reason for the notification

a

Position/status

Director & CEO

b

Initial notification/ Amendment

Initial notification

3

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

a

Name

Cadence Minerals PLC

b

LEI

213800TUZWG9C2GRNO58

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 Share

 

 

GB00B067JC96

b

Nature of the transaction

Purchase of Common Shares

 

 

c)

Price(s) and volume(s)

Price(s)

Volume(s)

0.039

254,741

d

Aggregated information

-      Aggregated volume

-      Price

 

 

254,741

 

0.039

e

Date of the transaction

12/03/2020

f

Place of the transaction

AIM

 


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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Quick facts: Cadence Minerals PLC

Price: 5.8

Market: AIM
Market Cap: £6.97 m
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