19:48 Mon 24 Feb 2020
Power Metal - Director Dealings
("Power Metal" or "POW" or "Company")
Director Dealings
Following this purchase,
The Company was also today notified that on
Following this sale and repurchase
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)
|
|
1.
| |||
2
| Reason for the notification
| ||||
a)
| Position/status
|
1. 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)
|
|
| |||
b)
| LEI
|
213800VNXOUPHTX53686 | |||
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 0.1p each | |||
| | ||||
Identification code | ISIN: GB00BYWJZ743 | ||||
| | ||||
b)
| Nature of the transaction
|
1. Purchase of Shares | |||
c)
| Price(s) and volume(s) |
|
|
|
|
|
| Price(s) | Volume(s) |
| |
|
| | 1,000,000 |
| |
|
|
|
|
| |
d)
| Aggregated information | | |||
| | ||||
- Aggregated volume | 1,000,000
| ||||
| | ||||
- Price | 0.437p | ||||
| | ||||
e)
| Date of the transaction
| | |||
f)
| Place of the transaction
| XLON |
1
| Details of the person discharging managerial responsibilities / person closely associated
| ||||
a)
|
|
1.
| |||
2
| Reason for the notification
| ||||
a)
| Position/status
|
1. Chairman
| |||
b)
| Initial notification /Amendment
|
Initial Notification | |||
3
| Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
| ||||
a)
|
|
| |||
b)
| LEI
|
213800VNXOUPHTX53686 | |||
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 0.1p each | |||
| | ||||
Identification code | ISIN: GB00BYWJZ743 | ||||
| | ||||
b)
| Nature of the transaction
|
1. Sale of Shares | |||
c)
| Price(s) and volume(s) |
|
|
|
|
|
| Price(s) | Volume(s) |
| |
|
| Sale
| 1,000,000 |
| |
|
|
|
|
| |
d)
| Aggregated information | | |||
| | ||||
- Aggregated volume | 1,000,000
| ||||
| | ||||
- Price | 0.375p | ||||
| | ||||
e)
| Date of the transaction
| | |||
f)
| Place of the transaction
| XLON |
1
| Details of the person discharging managerial responsibilities / person closely associated
| ||||
a)
|
|
1.
| |||
2
| Reason for the notification
| ||||
a)
| Position/status
|
1. Chairman
| |||
b)
| Initial notification /Amendment
|
Initial Notification | |||
3
| Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
| ||||
a)
|
|
| |||
b)
| LEI
|
213800VNXOUPHTX53686 | |||
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 0.1p each | |||
| | ||||
Identification code | ISIN: GB00BYWJZ743 | ||||
| | ||||
b)
| Nature of the transaction
|
1. Purchase of Shares | |||
c)
| Price(s) and volume(s) |
|
|
|
|
|
| Price(s) | Volume(s) |
| |
|
|
| 1,000,000 |
| |
|
|
|
|
| |
d)
| Aggregated information | | |||
| | ||||
- Aggregated volume | 1,000,000
| ||||
| | ||||
- Price | 0.414p | ||||
| | ||||
e)
| Date of the transaction
| | |||
f)
| Place of the transaction
| XLON |
The information contained within this announcement is considered to be inside information prior to its release, as defined in Article 7 of the Market Abuse Regulation No.596/2014 and is disclosed in accordance with the Company's obligations under Article 17 of those Regulations.
For further information please visit https://www.powermetalresources.com/ or contact:
| |
| +44 (0) 7766 465 617 |
| |
SP Angel Corporate Finance (Nomad and Joint Broker) | |
| +44 (0) 20 3470 0470 |
| |
| |
| +44 (0) 1483 413 500 |
| |
| |
David Cockbill/Jason Robertson | +44 (0) 20 7330 1883 |
|
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