Strategic Minerals PLC Director Share Purchase (7242P)

TIDMSML

RNS Number : 7242P

Strategic Minerals PLC

21 November 2016

Market Abuse Regulation (MAR) Disclosure

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.

21 November 2016

Strategic Minerals plc

("Strategic Minerals" or the "Company")

Director Share Purchase

Strategic Minerals plc (AIM: SML; USOTC: SMCDY) has been informed that John Peters, Managing Director of the Company, today acquired on market a total of 1,300,000 ordinary shares in the Company at a price of 0.42761 pence per share. Following this acquisition, Mr Peters has a beneficial interest in 10,000,000 ordinary shares in the Company, representing 0.82% of the Company's issued share capital.

The notification below, made in accordance with the requirements of the EU Market Abuse Regulation, provides further detail on the acquisition of shares in the Company by a director.

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:                              John Peters 
---  ---------------------------------  ------------------------- 
 2.   Reason for the notification 
---  ------------------------------------------------------------ 
 a)   Position/status:                   Managing Director 
---  ---------------------------------  ------------------------- 
 b)   Initial notification/Amendment:    Initial notification 
---  ---------------------------------  ------------------------- 
 3.   Details of the issuer, emission allowance 
       market participant, auction platform, auctioneer 
       or auction monitor 
---  ------------------------------------------------------------ 
 a)   Name:                              Strategic Minerals 
                                          plc 
---  ---------------------------------  ------------------------- 
 b)   LEI: 
---  ---------------------------------  ------------------------- 
 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: 
                                           GB00B4W8PD74 
---  ---------------------------------  ------------------------- 
 b)   Nature of the transaction:         Acquisition of 
                                          shares 
---  ---------------------------------  ------------------------- 
 c)   Price(s) and volume(s):              Price(s)    Volume(s) 
                                           ----------  ---------- 
                                            0.42761 
                                             pence      1,000,000 
                                            0.42761 
                                             pence        300,000 
                                           ----------  ---------- 
---  ---------------------------------  ------------------------- 
 d)   Aggregated information:              Price(s)    Volume(s) 
       Aggregated volume:                  ----------  ---------- 
       Price:                               0.42761 
                                             pence      1,300,000 
                                           ----------  ---------- 
---  ---------------------------------  ------------------------- 
 e)   Date of the transaction:           2016-11-21 
                                          09.41hrs UTC (1,000,000 
                                          shares) 
                                          09.45hrs UTC (300,000 
                                          shares) 
---  ---------------------------------  ------------------------- 
 f)   Place of the transaction:          London Stock Exchange 
                                          (AIM) 
---  ---------------------------------  ------------------------- 
 

For further information, please contact:

 
  Strategic Minerals plc 
   John Peters 
   Managing Director 
   www.strategicminerals.net 
 
   Follow Strategic Minerals on: 
   Twitter: @SML_Minerals 
   LinkedIn: www.linkedin.com/company/strategic-minerals-plc    [phone] 
 SP Angel Corporate Finance LLP 
  Nominated Adviser and Joint 
  Broker 
  Ewan Leggat 
  Laura Harrison                                                [phone] 
 Optiva Securities Limited 
  Joint Broker 
  Graeme Dickson                                                [phone] 
 Yellow Jersey PR 
  Financial PR 
  Dominic Barretto                                              [phone] 
  Alistair de Kare-Silver                                        715 
 

This information is provided by RNS

The company news service from the London Stock Exchange

END

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November 21, 2016 07:25 ET (12:25 GMT)