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Keras Resources PLC - Director/PDMR Shareholding

RNS Number : 6008P
Keras Resources PLC
11 June 2020
 

Keras Resources plc / Index: AIM / Epic: KRS / Sector: Mining

11 June 2020

Keras Resources plc ('Keras' or the 'Company')

Director/PDMR Shareholding

 

Keras Resources plc, the AIM listed mineral resource company, has been notified that on 10 June 2020, Board Directors Dave Reeves, Russell Lamming and Brian Moritz (together, 'the Directors'), bought a total 11,000,000 Ordinary Shares at a price of 0.14 pence each in the Company ('Ordinary Shares'). Following these transactions, the beneficial interests of the Directors in the issued Ordinary Shares is as follows:

 

Director

 

Interest in Ordinary Shares

% interest in Ordinary Shares

Dave Reeves

493,224,251

 

17.71

Russell Lamming

145,934,551

 

5.24

Brian Moritz

106,627,178

 

3.83

Total

745,785,980

26.78

 

Further details of the dealing by Directors is set out in the Appendix below.

 

ENDS

 

For further information please visit www.kerasplc.com, follow us on Twitter @kerasplc or contact the following:

 

Russell Lamming

Keras Resources plc

[email protected]

 

Nominated Adviser & Joint Broker

Ewan Leggat / Charlie Bouverat

 

SP Angel Corporate Finance LLP

 

+44 (0) 20 3470 0470

Joint Broker

Damon Heath / Erik Woolgar

 

Shard Capital Partners LLP

+44 (0) 207 186 9900

 

Financial PR

Isabel de Salis / Cosima Akerman

St Brides Partners Ltd

+44 (0) 20 7236 1177

 

Appendix

1.

Details of the person discharging managerial responsibilities/person closely associated

a)

Name:

Dave Reeves

2.

Reason for the notification

a)

Position/status:

Non Executive Director

b)

Initial notification/amendment:

Initial notification

3.

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

a)

Name:

Keras Resources plc

b)

LEI:

213800OZFKFM2N4R4F47

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

 

ISIN: GB00B649J414

b)

Nature of the transaction:

Market purchase

c)

Price(s) and volume(s):

 

Prices(s)

Volume(s)

0.14p

3,666,667

 

 

d)

Aggregated information:

 

Aggregated volume:

 

Price:

Multiple transactions as in 4 c) above

Prices(s)

Volume(s)

0.14p

3,666,667

 

e)

Date of transaction:

10 June 2020

f)

Place of transaction

Off-exchange

 

 

1.

Details of the person discharging managerial responsibilities/person closely associated

a)

Name:

Russell Lamming

2.

Reason for the notification

a)

Position/status:

Chief Executive Officer

b)

Initial notification/amendment:

Initial notification

3.

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

a)

Name:

Keras Resources plc

b)

LEI:

213800OZFKFM2N4R4F47

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

 

ISIN: GB00B649J414

b)

Nature of the transaction:

Market purchase

c)

Price(s) and volume(s):

 

Prices(s)

Volume(s)

0.14p

3,666,667

 

 

d)

Aggregated information:

 

Aggregated volume:

 

Price:

Multiple transactions as in 4 c) above

Prices(s)

Volume(s)

0.14p

3,666,667

 

e)

Date of transaction:

10 June 2020

f)

Place of transaction

 Off-exchange

 

1.

Details of the person discharging managerial responsibilities/person closely associated

a)

Name:

Brian Moritz

2.

Reason for the notification

a)

Position/status:

Non Executive Chairman

b)

Initial notification/amendment:

Initial notification

3.

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

a)

Name:

Keras Resources plc

b)

LEI:

213800OZFKFM2N4R4F47

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

 

ISIN: GB00B649J414

b)

Nature of the transaction:

Market purchase

c)

Price(s) and volume(s):

 

Prices(s)

Volume(s)

0.14p

3,666,666

 

 

d)

Aggregated information:

 

Aggregated volume:

 

Price:

Multiple transactions as in 4 c) above

Prices(s)

Volume(s)

0.14p

3,666,666

 

e)

Date of transaction:

10 June 2020

f)

Place of transaction

Off-exchange

 

 

 


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.
 
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Price: 0.1347

Market: AIM
Market Cap: £6.55 m
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