ADVFN Logo ADVFN

We could not find any results for:
Make sure your spelling is correct or try broadening your search.

Trending Now

Toplists

It looks like you aren't logged in.
Click the button below to log in and view your recent history.

Hot Features

Registration Strip Icon for default Register for Free to get streaming real-time quotes, interactive charts, live options flow, and more.

SHG Shanta Gold Limited

14.75
0.00 (0.00%)
25 Apr 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Shanta Gold Limited LSE:SHG London Ordinary Share GB00B0CGR828 ORD 0.01P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 14.75 14.70 14.80 14.75 14.70 14.70 5,430,979 08:00:04
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
Gold Ores 114.06M -2.3M -0.0022 -67.05 155.09M

Shanta Gold Limited Director/PDMR Shareholding (5751S)

03/10/2017 1:00pm

UK Regulatory


Shanta Gold (LSE:SHG)
Historical Stock Chart


From Apr 2019 to Apr 2024

Click Here for more Shanta Gold Charts.

TIDMSHG

RNS Number : 5751S

Shanta Gold Limited

03 October 2017

3 October 2017

Shanta Gold Limited

("Shanta Gold", "Shanta" or the "Company")

Director/PDMR Shareholding

Shanta Gold (AIM: SHG), the East Africa-focused gold producer, developer and explorer, announces that further to the announcement made on 3 August 2017 regarding the retirement of Toby Bradbury as Chief Executive Officer, the Company has agreed that Mr Bradbury's Performance Share and Retention Share awards vested on 2 October 2017 resulting in the issuance of 1,553,262 ordinary shares under the Shanta Gold Limited Long Term Incentive Plan.

The Company also announces that, pursuant to the salary/fee sacrifice arrangements entered into on 20 June 2017 under which those directors committed to subscribe for ordinary shares on a quarterly basis for a period of 12 months, Anthony Durrant (Chairman) and Ketan Patel (Non-Executive Director), Luke Leslie (Interim Chief Financial Officer) and Keith Marshall (Non-Executive Director), have each subscribed on 2 October 2017 for ordinary shares in the Company by way of fee sacrifice at a price of 6 pence per share. In aggregate, this will result in the issuance of 1,049,040 ordinary shares in Company (the "Fee Sacrifice Shares").

Application will be made to London Stock Exchange plc ("LSE") for the 1,049,040 Fee Sacrifice Shares to be admitted to trading on AIM ("Admission"). Admission is expected to occur and dealings in the Fee Sacrifice Shares are expected to commence on the LSE at 8.00 a.m. on or around 9 October 2017.

From Admission, the Company's issued ordinary share capital will comprise 768,560,811 ordinary shares. No ordinary shares are held in treasury. The figure of 768,560,811 may be used by the Company's shareholders as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change to their interest in, the Company under the Financial Conduct Authority's Disclosure Guidance and Transparency Rules.

Notification of transaction by Person Discharging Managerial Responsibilities ("PDMR')

 
 1.    Details of the person discharging managerial 
        responsibilities / person closely associated 
----  ------------------------------------------------------------------ 
 a.    Name                             Toby Bradbury 
----  -------------------------------  --------------------------------- 
 2.    Reason for the notification 
----  ------------------------------------------------------------------ 
 a.    Position/status                  PDMR 
----  -------------------------------  --------------------------------- 
 b.    Initial notification             Initial Notification 
        /Amendment 
----  -------------------------------  --------------------------------- 
 3.    Details of the issuer, emission allowance 
        market participant, auction platform, auctioneer 
        or auction monitor 
----  ------------------------------------------------------------------ 
 a.    Name                             Shanta Gold Limited 
----  -------------------------------  --------------------------------- 
 b.    LEI                              2138004VR5BVV1VD7P81 
----  -------------------------------  --------------------------------- 
 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                      Ordinary shares of 0.01 pence 
        of the                           each 
        Financial 
        instrument,                      GB00BOC6R828 
        type of instrument 
        Identification 
        code 
----  -------------------------------  --------------------------------- 
 b.    Nature of                        Issue of Performance Share and 
        the transaction                  Retention Share awards 
----  -------------------------------  --------------------------------- 
 c.    Price(s) and                     Price(s)        Volume(s) 
        volume(s) 
                                         GBPnil          1,553,262 
----  -------------------------------  --------------  ----------------- 
            Aggregated 
             information 
              *    Aggregated volume 
 
 
 d.           *    Price                             1,553,262 
----  -------------------------------  --------------------------------- 
 e.    Date of the                      2 October 2017 
        transaction 
----  -------------------------------  --------------------------------- 
 f.    Place of the                     London Stock Exchange 
        transaction 
----  -------------------------------  --------------------------------- 
 
 
 5.    Details of the person discharging managerial 
        responsibilities / person closely associated 
----  ---------------------------------------------------------------------------- 
 a.    Name                              Anthony Durrant 
----  --------------------------------  ------------------------------------------ 
 6.    Reason for the notification 
----  ---------------------------------------------------------------------------- 
 a.    Position/status                   PDMR 
----  --------------------------------  ------------------------------------------ 
 b.    Initial notification              Initial Notification 
        /Amendment 
----  --------------------------------  ------------------------------------------ 
 7.    Details of the issuer, emission allowance 
        market participant, auction platform, auctioneer 
        or auction monitor 
----  ---------------------------------------------------------------------------- 
 a.    Name                              Shanta Gold Limited 
----  --------------------------------  ------------------------------------------ 
 b.    LEI                               2138004VR5BVV1VD7P81 
----  --------------------------------  ------------------------------------------ 
 8.    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                       Ordinary shares of 0.01 pence 
        of the                            each 
        Financial 
        instrument,                       GB00BOC6R828 
        type of instrument 
        Identification 
        code 
----  --------------------------------  ------------------------------------------ 
 b.    Nature of                         Subscription for new ordinary 
        the transaction                   shares as part of salary/fee sacrifice 
                                          arrangement announced to the market 
                                          on 20 June 2017 
----  --------------------------------  ------------------------------------------ 
 c.    Price(s) and                      Price(s)             Volume(s) 
        volume(s) 
                                          GBP0.06              429,849 
----  --------------------------------  -------------------  --------------------- 
            Aggregated 
             information 
              *    Aggregated volume 
 
 
 d.           *    Price                              429,849 
----  --------------------------------  ------------------------------------------ 
 e.    Date of the                       2 October 2017 
        transaction 
----  --------------------------------  ------------------------------------------ 
 f.    Place of the                      London Stock Exchange 
        transaction 
----  --------------------------------  ------------------------------------------ 
 
 
 9.     Details of the person discharging managerial 
         responsibilities / person closely associated 
-----  ---------------------------------------------------------------------------- 
 a.     Name                              Luke Leslie 
-----  --------------------------------  ------------------------------------------ 
 10.    Reason for the notification 
-----  ---------------------------------------------------------------------------- 
 a.     Position/status                   PDMR 
-----  --------------------------------  ------------------------------------------ 
 b.     Initial notification              Initial Notification 
         /Amendment 
-----  --------------------------------  ------------------------------------------ 
 11.    Details of the issuer, emission allowance 
         market participant, auction platform, auctioneer 
         or auction monitor 
-----  ---------------------------------------------------------------------------- 
 a.     Name                              Shanta Gold Limited 
-----  --------------------------------  ------------------------------------------ 
 b.     LEI                               2138004VR5BVV1VD7P81 
-----  --------------------------------  ------------------------------------------ 
 12.    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                       Ordinary shares of 0.01 pence 
         of the                            each 
         Financial 
         instrument,                       GB00BOC6R828 
         type of instrument 
         Identification 
         code 
-----  --------------------------------  ------------------------------------------ 
 b.     Nature of                         Subscription for new ordinary 
         the transaction                   shares as part of salary/fee sacrifice 
                                           arrangement announced to the market 
                                           on 20 June 2017 
-----  --------------------------------  ------------------------------------------ 
 c.     Price(s) and                      Price(s)             Volume(s) 
         volume(s) 
                                           GBP0.06              173,422 
-----  --------------------------------  -------------------  --------------------- 
             Aggregated 
              information 
               *    Aggregated volume 
 
 
 d.            *    Price                              173,422 
-----  --------------------------------  ------------------------------------------ 
 e.     Date of the                       2 October 2017 
         transaction 
-----  --------------------------------  ------------------------------------------ 
 f.     Place of the                      London Stock Exchange 
         transaction 
-----  --------------------------------  ------------------------------------------ 
 
 
 13.    Details of the person discharging managerial 
         responsibilities / person closely associated 
-----  ---------------------------------------------------------------------------- 
 a.     Name                              Ketan Patel 
-----  --------------------------------  ------------------------------------------ 
 14.    Reason for the notification 
-----  ---------------------------------------------------------------------------- 
 a.     Position/status                   PDMR 
-----  --------------------------------  ------------------------------------------ 
 b.     Initial notification              Initial Notification 
         /Amendment 
-----  --------------------------------  ------------------------------------------ 
 15.    Details of the issuer, emission allowance 
         market participant, auction platform, auctioneer 
         or auction monitor 
-----  ---------------------------------------------------------------------------- 
 a.     Name                              Shanta Gold Limited 
-----  --------------------------------  ------------------------------------------ 
 b.     LEI                               2138004VR5BVV1VD7P81 
-----  --------------------------------  ------------------------------------------ 
 16.    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                       Ordinary shares of 0.01 pence 
         of the                            each 
         Financial 
         instrument,                       GB00BOC6R828 
         type of instrument 
         Identification 
         code 
-----  --------------------------------  ------------------------------------------ 
 b.     Nature of                         Subscription for new ordinary 
         the transaction                   shares as part of salary/fee sacrifice 
                                           arrangement announced to the market 
                                           on 20 June 2017 
-----  --------------------------------  ------------------------------------------ 
 c.     Price(s) and                      Price(s)             Volume(s) 
         volume(s) 
                                           GBP0.06              222,885 
-----  --------------------------------  -------------------  --------------------- 
             Aggregated 
              information 
               *    Aggregated volume 
 
 
 d.            *    Price                              222,885 
-----  --------------------------------  ------------------------------------------ 
 e.     Date of the                       2 October 2017 
         transaction 
-----  --------------------------------  ------------------------------------------ 
 f.     Place of the                      London Stock Exchange 
         transaction 
-----  --------------------------------  ------------------------------------------ 
 
 
 17.    Details of the person discharging managerial 
         responsibilities / person closely associated 
-----  ---------------------------------------------------------------------------- 
 a.     Name                              Keith Marshall 
-----  --------------------------------  ------------------------------------------ 
 18.    Reason for the notification 
-----  ---------------------------------------------------------------------------- 
 a.     Position/status                   PDMR 
-----  --------------------------------  ------------------------------------------ 
 b.     Initial notification              Initial Notification 
         /Amendment 
-----  --------------------------------  ------------------------------------------ 
 19.    Details of the issuer, emission allowance 
         market participant, auction platform, auctioneer 
         or auction monitor 
-----  ---------------------------------------------------------------------------- 
 a.     Name                              Shanta Gold Limited 
-----  --------------------------------  ------------------------------------------ 
 b.     LEI                               2138004VR5BVV1VD7P81 
-----  --------------------------------  ------------------------------------------ 
 20.    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                       Ordinary shares of 0.01 pence 
         of the                            each 
         Financial 
         instrument,                       GB00BOC6R828 
         type of instrument 
         Identification 
         code 
-----  --------------------------------  ------------------------------------------ 
 b.     Nature of                         Subscription for new ordinary 
         the transaction                   shares as part of salary/fee sacrifice 
                                           arrangement announced to the market 
                                           on 20 June 2017 
-----  --------------------------------  ------------------------------------------ 
 c.     Price(s) and                      Price(s)             Volume(s) 
         volume(s) 
                                           GBP0.06              222,885 
-----  --------------------------------  -------------------  --------------------- 
             Aggregated 
              information 
               *    Aggregated volume 
 
 
 d.            *    Price                              222,885 
-----  --------------------------------  ------------------------------------------ 
 e.     Date of the                       2 October 2017 
         transaction 
-----  --------------------------------  ------------------------------------------ 
 f.     Place of the                      London Stock Exchange 
         transaction 
-----  --------------------------------  ------------------------------------------ 
 

This announcement is made in accordance with Article 19 of the EU Market Abuse Regulation 596/2014.

Enquiries:

 
 Shanta Gold Limited 
                                   +255 (0) 22 292 
 Eric Zurrin (CEO)                  5148 
 Luke Leslie (CFO) 
 Nominated Adviser and Broker 
 Peel Hunt LLP 
 Matthew Armitt / Ross Allister    +44 (0)20 7418 
  / Chris Burrows                   8900 
 
 Financial Public Relations 
 Tavistock 
 Jos Simson / Emily Fenton /       +44 (0)20 7920 
  Barnaby Hayward                   3150 
 

About Shanta Gold

Shanta Gold is an East Africa-focused gold producer, developer and explorer. It currently has defined ore resources on the New Luika and Singida projects in Tanzania and holds exploration licences over a number of additional properties in the country. Shanta's flagship New Luika Gold Mine commenced production in 2012 and produced 87,714 ounces in 2016. The Company has been admitted to trading on London's AIM and has approximately 768 million shares in issue. For further information please visit: www.shantagold.com.

ENDS

This information is provided by RNS

The company news service from the London Stock Exchange

END

DSHFXLFBDBFEFBE

(END) Dow Jones Newswires

October 03, 2017 08:00 ET (12:00 GMT)

1 Year Shanta Gold Chart

1 Year Shanta Gold Chart

1 Month Shanta Gold Chart

1 Month Shanta Gold Chart

Your Recent History

Delayed Upgrade Clock