21:12 Mon 24 Jun 2019
Eurasia Mining PLC - Issue of Equity & Directors' Holdings
Issue of
The Directors and management have decided to continue to receive their compensation in shares and to reinvest the cash generated by the mining at West Kytlim into further expansion of production. It is expected that this will accelerate the payback to the Company and its shareholders and is a further demonstration of Directors' confidence in the Company's operations. .
Of the New Shares:
(i) 8,500,000 ordinary shares are being issued to Executive Chairman
(ii) 9,920,000 ordinary shares are being issued to Non-Executive Director
(iii) A further 6,853,400 ordinary shares are issued at
Accordingly, the Company has today issued a total of 25,273,400 new ordinary shares ("New Shares"). Application has been made to admit the New Shares to trading on AIM and dealings in the New Shares are expected to commence at
Following Admission, the total number of issued ordinary shares in the Company will be 2,487,751,921 ordinary shares and consequently the total number of voting rights in the Company will be 2,487,751,921. This figure may be used by shareholders in the Company as the denominator for the calculations by which they will determine if they are required to notify their interest in the share capital of the Company under the Disclosure and Transparency Rules.
Enquiries:
+44 (0)207 932 0418
+44 (0)161 832 2174
Tel: +44 (0)20 7374 2212
Tel: +44 (0) 20 3137 1902
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 |
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a) |
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|
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2 |
Reason for the notification |
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a) |
Position/status |
Executive Chairman |
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b) |
Initial notification/ Amendment |
Initial Notification |
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3 |
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor |
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a) |
|
|
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b) |
LEI |
2138 00VW NISV 35PT I539 |
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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 |
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a) |
Description of the financial instrument, type of instrument
Identification code |
Shares
GB0003230421 |
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b) |
Nature of the transaction |
Share in lieu of payment |
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c) |
Price(s) and volume(s) |
|
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d) |
Aggregated information - Aggregated volume - Price |
8,500,000 0.5p
|
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e) |
Date of the transaction |
|
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f) |
Place of the transaction |
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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) |
|
Dmitry Suschov |
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2 |
Reason for the notification |
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a) |
Position/status |
Director |
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b) |
Initial notification/ Amendment |
Initial Notification |
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3 |
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor |
|||||
a) |
|
|
||||
b) |
LEI |
2138 00VW NISV 35PT I539 |
||||
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 |
Shares
GB0003230421 |
||||
b) |
Nature of the transaction |
Share in lieu of payment |
||||
c) |
Price(s) and volume(s) |
|
||||
d) |
Aggregated information - Aggregated volume - Price |
9,920,000 0.5p
|
||||
e) |
Date of the transaction |
|
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f) |
Place of the transaction |
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