The Company makes the following disclosures in relation to the participation of directors in the recent fundraising as announced on 27th June 2019 with title ‘Placing to Raise £1.6 Million’.
Details of the Director purchases are contained in the table below.
|
Director |
Position |
Number of ordinary shares acquired |
Price paid per share (pence) |
|
Kiran Morzaria |
Director & CEO |
45,454,545 |
0.11 |
|
Donald Strang |
Finance Director |
45,454,545 |
0.11 |
After these acquisitions, the total notifiable share interest in the Company for the directors is as follows
|
Director |
Position |
Total holding of ordinary shares |
|
Andrew Suckling |
Non-Executive Chairman |
6,409,644 |
|
Kiran Morzaria |
Director & CEO |
60,957,149 |
|
Donald Strang |
Non-Executive Director |
58,554,545 |
|
Adrian Fairbourn |
Finance Director |
13,600,539 |
For further information:
|
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 |
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 |
Defined Directors Share Purchase Programme |
|||||
|
c) |
Price(s) and volume(s) |
|
|||||
|
d) |
Aggregated information – Aggregated volume – Price |
45,454,545 £0.0011 |
|||||
|
e) |
Date of the transaction |
02/07/2019 |
|||||
|
f) |
Place of the transaction |
XLON, AIM |
|||||
|
1 |
Details of the person discharging managerial responsibilities/person closely associated |
||||||
|
a) |
Name |
Donald Strang |
|||||
|
2 |
Reason for the notification |
||||||
|
a) |
Position/status |
Finance Director |
|||||
|
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 |
Defined Directors Share Purchase Programme |
|||||
|
c) |
Price(s) and volume(s) |
|
|||||
|
d) |
Aggregated information – Aggregated volume – Price |
45,454,545 £0.0011 |
|||||
|
e) |
Date of the transaction |
02/07/2019 |
|||||
|
f) |
Place of the transaction |
XLON, AIM |
|||||