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RNS Number : 0804J
W Resources PLC
14 August 2019
 

 

 

 

 

 

 

 

 

 

14 August 2019

 

W Resources Plc

("W" or the "Company")

 

Director Dealing

W Resources Plc (AIM:WRES), the tungsten, copper and gold mining company with assets in Spain and Portugal, was notified by the Company's Chairman, Mr Michael Masterman on 14 August 2019 that on 13 August 2019 Symmall Pty Ltd, of which Mr Michael Masterman (a director of the Company) is both a beneficiary and trustee, purchased 10,000,000 ordinary shares of 0.1p each ("Ordinary Shares") at a price of 0.415p per Ordinary Share.

Following these transactions, Mr Michael Masterman's interest in the Company (including those of related parties) increases to 1,115,772,790 Ordinary Shares representing 18.50% of the Company's total voting rights.

The notification below, made in accordance with the requirements of the EU Market Abuse Regulation, provides further detail.

Enquiries:

W Resources Plc

Michael Masterman

T: +44 (0) 20 7193 7463

www.wresources.com

 

Grant Thornton UK LLP

Colin Aaronson / Seamus Fricker

T: +44 (0) 20 7383 5100

 

 

Joint Broker

Turner Pope Investments (TPI) Ltd

Andy Thacker

T: +44 (0) 203 621 4120

www.turnerpope.com

 

Gable Communications

Justine James

T: +44 (0) 20 7193 7463

M: +44 (0) 7525 324431

Joint Broker

Alternative Resource Capital / Shard Capital

Alex Wood

T:+44 (0) 207 186 9004

www.altrescap.com

Damon Heath

T:+44 (0) 207 186 9952

www.shardcapital.com

 

 

Notification of Transactions of Persons Discharging Managerial Responsibility and Persons Closely Associated with them

 

1

 

Details of the person discharging managerial responsibilities / person closely associated

a)

Name

Michael Masterman (Legal person: Symmall Pty Ltd)

2

Reason for the notification

a)

Position/status

Chairman

b)

Initial notification /Amendment

Initial notification

3

 

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

a)

Name

W Resources Plc

b)

LEI

213800H66EK87TAOS666

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

Identification code

GB00B0358H47

b)

Nature of the transaction

Purchase of shares

c)

Price(s) and volume(s)







Price(s)

Volume(s)




0.415 pence

10,000,000







d)

Aggregated information


- Aggregated volume

Aggregate volume: 10,000,000

Aggregate price: 0.415 pence

Aggregate total: £41,500

- Price


e)

Date of the transaction

13 August 2019

f)

Place of the transaction

London Stock Exchange's AIM Market

 

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


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
 
 
DSHUSSORKBAWAAR

Quick facts: W Resources PLC

Price: 0.355

Market: AIM
Market Cap: £22.07 m
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