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Scotgold Resources Limited

Scotgold Resources - Director Dealing

RNS Number : 4357O
Scotgold Resources Ltd
29 January 2019
 

29 January 2019

Scotgold Resources Limited

("Scotgold" or the "Company")

 

Notification of Transaction by Person(s) Discharging Managerial

Responsibilities ("PDMR")

 

 

The Company announces that it was notified on 29 January 2019 that Nathaniel le Roux, Non-Executive Chairman of the Company, acquired 40,000 ordinary shares of no par value each ("Ordinary Shares") at a price of 36 pence per share.

 

Following the purchase of 40,000 shares, Nathaniel le Roux will have a beneficial interest in 22,618,223 Ordinary Shares, representing approximately 49.56% (previously 49.47%) of the ordinary share capital of the Company.

 

The Company confirms that this purchase of shares completes and fulfils the share purchase order, placed by Mr le Roux, which was made in compliance with the Company's Share Dealing Policy, and further that there exists no price sensitive information which has not previously been announced to the market

 

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)         

Full name of person Dealing

Nathaniel le Roux

2.            

Reason for 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 of entity

Scotgold Resources Limited

(b)         

LEI

213800HL5A2K7LW2G360

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 No Par Value

(b)         

Identification code

AU000XINEAK5

(c)          

Nature of the transaction

On market purchase of shares

(d)         

Price(s) and volume(s)

Prices(s)

Volume(s)

    36 pence

40,000

 

(e)          

Aggregated information:

- Aggregated volume

- Price

Single transaction as in 4(d) above

Prices(s)

Volume(s)

36 pence

40,000

 

(f)          

Date of transaction

a)   29 January 2019

 

(g)          

Place of transaction

XLON

 

Certain information contained in this announcement would have been deemed inside information for the purposes of Article 7 of Regulation (EU) No 596/2014 until the release of this announcement.

For further information please contact:

Scotgold Resources Limited

Richard Gray

 

Tel: +44 (0)1838 400 306

SP Angel Corporate Finance LLP

Nomad and Joint Broker

Ewan Leggat / Charlie Bouverat

 

Tel +44 (0) 20 3470 0470

Smaller Company Capital Ltd

Joint Broker

Rupert Williams

 

Tel: +44 (0)20 3651 2911

Capital Markets Consultants

Financial PR

Simon Rothschild

Tel: +44 (0) 7703 167 065

 


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