Oriole Resources PLC (LON:ORR)

Oriole Resources PLC (LON:ORR)


Share Price
0.38 p
Change
0 (0.00 %)
Market Cap
£2.63 m
Proactive Investors - Run By Investors For Investors

Oriole Resources PLC RNS Release

Director Dealings


RNS Number : 8980Z
Oriole Resources PLC
22 May 2019
 

 

Oriole Resources Plc

 

('Oriole' or 'the Company')

 

Director's Dealings

 

Oriole Resources PLC, the AIM-quoted exploration company focussed on West Africa, has today received notification that Tim Livesey, the Company's Chief Executive Officer and Bob Smeeton, its Chief Financial Officer, acquired ordinary shares of 0.1p each in the issued share capital of the Company ('Ordinary Shares') as set out below:

 

Name

Number of Ordinary Shares Purchased

Weighted average price per Ordinary Share (p)

Resultant shareholding in the Company

Percentage of the issued share capital of the Company

Tim Livesey

1,568,569

0.318

6,315,369

0.9%

Bob Smeeton

1,572,327

0.318

3,572,327

0.5%

 

 

The notifications shown below, made pursuant to Article 19(3) of the Market Abuse Regulation, provide further details. 

 

 

** ENDS **

 

 

 

The information contained within this announcement is deemed by the Company to constitute inside information as stipulated under the Market Abuse Regulations (EU) No. 596/2014. Following the publication of this announcement, this inside information is now considered to be in the public domain.

 

For further information please visit www.orioleresources.com,  @OrioleResources on Twitter, 

or contact:

 

 

Oriole Resources Plc

Tel: +44 (0)20 830 9650

Tim Livesey / Bob Smeeton / Claire Bay




Blytheweigh (IR/PR Contact)

Tel: +44 (0)20 7138 3204

Tim Blythe / Megan Ray / Rachel Brooks




Grant Thornton UK LLP

Tel: +44 (0)20 7383 5100

Samantha Harrison / Ben Roberts / Niall McDonald

Hannam & Partners

Tel: +44 (0)20 7907 8500

Neil Passmore / Andrew Chubb


Turner Pope Investments (TPI) Limited

Tel: +44 (0)20 36214120

Ben Turner / James Pope / Andy Thacker




 

Notes to Editors:

 

Oriole Resources PLC is an AIM-listed exploration company, operating West Africa. It is focused on early-stage exploration in Cameroon (Bibemi and Wapouzé projects) and the more advanced Dalafin gold project in Senegal, where IAMGOLD has the option to spend US$8m to earn a 70% interest. Year 1 commitments have been met at all three projects. The Company has several interests and royalties in companies operating throughout Africa and Turkey that could deliver future cash flow, and it continues to assess new opportunities in both regions.

.

 

 

 

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

 

 

 

 Timothy Livesey

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

 

 

Oriole Resources PLC

b)

 

LEI

 

 

213800X32GJR5AGAR511

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

Ordinary shares of 0.1 pence each in the capital of the Company

 

 

 



Identification code

Ordinary share ISIN: GB00B0T29327



b)

 

Nature of the transaction

 

 

Purchase of ordinary shares

c)

 

Price(s) and volume(s)







Price(s)

Volume(s)




0.318p

1,568,569







d)

 

Aggregated information




- Aggregated volume

1,568,569 ordinary shares of 0.1 pence each purchased at 0.318 pence per ordinary share



- Price




e)

 

Date of the transaction

 

 

21 May 2019

f)

 

Place of the transaction

 

 

London Stock Exchange, AIM Market (XLON)

 

1

 

Details of the person discharging managerial responsibilities / person closely associated

 

a)

 

Name

 

 

 

 Robert Smeeton

2

 

Reason for the notification

 

a)

 

Position/status

 

 

Chief Financial Officer

b)

 

Initial notification /Amendment

 

 

Initial notification

3

 

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

 

a)

 

Name

 

 

Oriole Resources PLC

b)

 

LEI

 

 

213800X32GJR5AGAR511

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

Ordinary shares of 0.1 pence each in the capital of the Company

 

 

 



Identification code

Ordinary share ISIN: GB00B0T29327



b)

 

Nature of the transaction

 

 

Purchase of ordinary shares

c)

 

Price(s) and volume(s)







Price(s)

Volume(s)




0.318p

1,572,327







d)

 

Aggregated information




- Aggregated volume

1,572,327 ordinary shares of 0.1 pence each purchased at 0.318 pence per ordinary share



- Price




e)

 

Date of the transaction

 

 

21 May 2019

f)

 

Place of the transaction

 

 

London Stock Exchange, AIM Market (XLON)

 

 


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
 
 
DSHPGUWGAUPBGAP

Oriole Resources PLC Timeline

© Proactive Investors 2019

Proactive Investors Limited, trading as “Proactiveinvestors United Kingdom”, is Authorised and regulated by the Financial Conduct Authority.
Registered in England with Company Registration number 05639690. Group VAT registration number 872070825 FCA Registration number 559082. You can contact us here.

Market Indices, Commodities and Regulatory News Headlines copyright © Morningstar. Data delayed 15 minutes unless otherwise indicated. Terms of use