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Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
---|---|---|---|---|---|
Galileo Resources Plc | LSE:GLR | London | Ordinary Share | GB00B115T142 | ORD 0.1P |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
0.05 | 4.76% | 1.10 | 1.05 | 1.15 | 1.125 | 1.05 | 1.05 | 4,840,625 | 13:35:47 |
Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
---|---|---|---|---|---|
Offices-holdng Companies,nec | 289k | -1.47M | -0.0013 | -8.46 | 12.8M |
TIDMGLR
RNS Number : 8968P
Galileo Resources PLC
05 September 2017
For immediate release
5 September 2017
Galileo Resources Plc
("Galileo" or "the Company")
Directors' Subscriptions
PDMR Shareholdings
Total Voting Rights
Further to the announcement of 31 August 2017, Galileo is pleased to announce the completion of the Directors' Subscriptions as follows:
- Colin Bird, Director, has subscribed for 1,250,000 new ordinary shares at 2.0p per ordinary share and now holds a total of 49,435,000 ordinary shares or 19.42% of Galileo's enlarged share capital;
- Richard Wollenberg, Director, has subscribed for 300,000 new ordinary shares at 2.0p per ordinary share and now holds a total of 6,121,341 ordinary shares or 2.40% of Galileo's enlarged share capital; and
- African Pioneer plc ("APP"), a connected party of Colin Bird, has subscribed for 2,500,000 new ordinary shares at 2.0p per ordinary share.
The Directors' Subscriptions, together with the Placing Shares described in the announcement of 31 August 2017, will rank pari passu in all respects with the existing ordinary shares. Application will be made for the Placing Shares and Director's Subscriptions to be admitted to trading on AIM and admission is expected to take place on or around 14 September 2017.
Following the issue of the Placing Shares and the Director's Subscriptions, the Company's issued share capital will total 254,596,562 Ordinary Shares, with voting rights. This figure may be used by shareholders in the Company as the denominator for the calculation by which they will determine if they are required to notify their interest in, or a change to their interest in, the share capital of the Company under the Financial Conduct Authority's Disclosure and Transparency Rules.
This announcement contains inside information for the purposes of Article 7 of EU Regulation 596/2014.
You can also follow Galileo on Twitter: @GalileoResource
For further information, please contact:
Galileo Resources PLC Tel +44 (0) 20 7581 Colin Bird, Chairman 4477 Andrew Sarosi, Executive Tel +44 (0) 1752 221937 Director Beaumont Cornish Limited Tel +44 (0) 20 7628 - Nomad 3396 Roland Cornish/James Biddle Beaufort Securities Limited - Broker Tel +44 (0) 20 7382 Jon Bellis/Elliot Hance 8416
The following information relating to the transaction has been filed with the FCA in accordance with Article 19(1) of the Market Abuse Regulation,
Colin Bird
1 Details of the person discharging managerial responsibilities / person closely associated --- ------------------------------------------------------- a) Name Colin Bird --- ------------------------ ----------------------------- 2 Reason for notification --- ------------------------------------------------------- a) Position / status Chairman --- ------------------------ ----------------------------- b) Initial notification Initial /Amendment --- ------------------------ ----------------------------- 3 Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor --- ------------------------------------------------------- a) Name Galileo Resources plc --- ------------------------ ----------------------------- b) LEI 213800KSRIVLX7BJSP45 --- ------------------------ ----------------------------- 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 Ordinary shares of 0.1 pence the financial each in Galileo Resources instrument, type plc of instrument ISIN GB00B115T142 Identification code --- ------------------------ ----------------------------- Nature of the Purchase of new ordinary transaction shares as described above --- ------------------------ ----------------------------- c) Price(s) and Price(s) Volumes(s) volumes(s) ----------- ----------- 2.0 pence 1,250,000 ----------- ----------- --- ------------------------ ----------------------------- d) Aggregated information n/a --- ------------------------ ----------------------------- e) Date of the transaction 1 September 2017 --- ------------------------ ----------------------------- f) Place of the Off market transaction --- ------------------------ -----------------------------
Richard Wollenberg
1 Details of the person discharging managerial responsibilities / person closely associated --- ------------------------------------------------------- a) Name Richard Wollenberg --- ------------------------ ----------------------------- 2 Reason for notification --- ------------------------------------------------------- a) Position / status Non-Executive Director --- ------------------------ ----------------------------- b) Initial notification Initial /Amendment --- ------------------------ ----------------------------- 3 Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor --- ------------------------------------------------------- a) Name Galileo Resources plc --- ------------------------ ----------------------------- b) LEI 213800KSRIVLX7BJSP45 --- ------------------------ ----------------------------- 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 Ordinary shares of 0.1 pence the financial each in Galileo Resources instrument, type plc of instrument ISIN GB00B115T142 Identification code --- ------------------------ ----------------------------- Nature of the Purchase of new ordinary transaction shares as described above --- ------------------------ ----------------------------- c) Price(s) and Price(s) Volumes(s) volumes(s) ----------- ----------- 2.0 pence 300,000 ----------- ----------- --- ------------------------ ----------------------------- d) Aggregated information n/a --- ------------------------ ----------------------------- e) Date of the transaction 1 September 2017 --- ------------------------ ----------------------------- f) Place of the Off market transaction --- ------------------------ -----------------------------
This information is provided by RNS
The company news service from the London Stock Exchange
END
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(END) Dow Jones Newswires
September 05, 2017 11:47 ET (15:47 GMT)
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