Reabold Resources PLC Director/PDMR Shareholding (9895F)

TIDMRBD

RNS Number : 9895F

Reabold Resources PLC

02 August 2016

For Immediate Release 2 August 2016

REABOLD RESOURCES PLC

("Reabold" or the "Company")

Director/PDMR dealings

Reabold Resources plc have been informed that on 2 August 2016, Jeremy Edelman, Executive Chairman, purchased 5,000,000 ordinary shares of 0.1p each in the Company ("Shares") at 0.4 pence per Share.

Accordingly Mr Edelman now holds 149,000,000 Shares, representing a holding of 46% of the Company's issued share capital.

For further information please contact:

 
 Reabold Resources plc 
  Jeremy Edelman 
  Antony Samaha              [phone] 
 
 Beaumont Cornish Limited 
  Roland Cornish 
  Felicity Geidt             [phone] 
 

The information contained within this announcement is deemed to constitute inside information under the Market Abuse Regulations (EU) No 596/2014

ENDS

The notification below, made in accordance with the requirements of the EU Market Abuse Regulations, provides further detail in respect of the transaction as described above.

 
 1    Details of the person discharging managerial 
       responsibilities / person closely associated 
---  --------------------------------------------------------- 
 a)   Name                      Jeremy Edelman 
---  ------------------------  ------------------------------- 
 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                      Reabold Resources plc 
---  ------------------------  ------------------------------- 
 b)   LEI                       Not applicable 
---  ------------------------  ------------------------------- 
 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 Reabold Resources 
       instrument, type          plc 
       of instrument             ISIN GB00B95L0551 
       Identification 
       code 
---  ------------------------  ------------------------------- 
      Nature of the             Purchase of 5,000,000 ordinary 
       transaction               shares 
---  ------------------------  ------------------------------- 
 c)   Price(s) and                Price(s)   Volumes(s) 
       volumes(s)                 ---------  ----------- 
                                   0.4p       5,000,000 
                                  ---------  ----------- 
---  ------------------------  ------------------------------- 
 d)   Aggregated information    n/a 
---  ------------------------  ------------------------------- 
 e)   Date of the transaction   2 August 2016 
---  ------------------------  ------------------------------- 
 f)   Place of the              Outside a trading venue 
       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

August 02, 2016 06:18 ET (10:18 GMT)