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| Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
|---|---|---|---|---|---|
| African Battery Metals Plc | LSE:ABM | London | Ordinary Share | GB00BYWJZ743 | ORD 0.1P |
| Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
|---|---|---|---|---|---|---|---|---|---|---|
| 0.00 | 0.00% | 0.55 | 0.50 | 0.60 | 0.00 | 01:00:00 |
| Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
|---|---|---|---|---|---|
| 0 | 0 | N/A | 0 |
From Apr 2019 to Apr 2024
TIDMPOW
RNS Number : 8840D
Power Metal Resources PLC
24 February 2020
24 February 2020
Power Metal Resources PLC
("Power Metal" or "POW" or "Company")
Director Dealings
Power Metal Resources plc, the AIM listed metal exploration and development company, was today notified that on 21 February 2020 Value Generation Limited, a company beneficially owned by Chief Executive Officer, Paul Johnson, purchased 1,000,000 ordinary shares of 0.1 pence each in the Company ("Shares") at a price of 0.437 pence per Share.
Following this purchase, Mr Johnson has a beneficial interest in a total of 28,100,000 Shares, representing approximately 5.08% of the issued share capital of the Company.
The Company was also today notified that on 21 February 2020, Chairman Andrew Bell sold 1,000,000 Shares at a price of 0.375p per Share in a personal nominee account and repurchased 1,000,000 Shares in his personal SIPP account at a price of 0.414p per Share.
Following this sale and repurchase Mr Bell's interest in the Company remains unchanged at 17,770,000 shares representing approximately 3.22% of the issued share capital of the Company.
NOTIFICATION AND PUBLIC DISCLOSURE OF TRANSACTIONS BY PERSONS DISCHARGING MANAGERIAL RESPONSIBILITIES AND PERSONS CLOSELY ASSOCIATED WITH THEM
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1 Details of the person discharging managerial responsibilities
/ person closely associated
a) Name 1. Paul Johnson
------------------------------------- ---------------------------------------------
2 Reason for the notification
------------------------------------------------------------------------------------
a) Position/status 1. Chief Executive Officer
------------------------------------- ---------------------------------------------
b) Initial notification Initial Notification
/Amendment
------------------------------------- ---------------------------------------------
3 Details of the issuer, emission allowance market participant,
auction platform, auctioneer or auction monitor
------------------------------------------------------------------------------------
a) Name Power Metal Resources Plc
------------------------------------- ---------------------------------------------
b) LEI 213800VNXOUPHTX53686
------------------------------------- ---------------------------------------------
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 Ordinary shares of 0.1p each
instrument, type of
instrument
Identification code ISIN: GB00BYWJZ743
b) Nature of the transaction 1. Purchase of Shares
------------------------------------- ---------------------------------------------
c) Price(s) and volume(s)
---------------------- ------------------
Price(s) Volume(s)
---------------------- ------------------
0.437 pence 1,000,000
----------------------------------------------------------------- ------------------
d) Aggregated information
- Aggregated volume 1,000,000
- Price 0.437p
e) Date of the transaction 21 February 2020
------------------------------------- ---------------------------------------------
f) Place of the transaction XLON
------------------------------------- ---------------------------------------------
1 Details of the person discharging managerial responsibilities
/ person closely associated
a) Name 1. Andrew Bell
---------------------------------- ------------------------------------------
2 Reason for the notification
------------------------------------------------------------------------------
a) Position/status 1. Chairman
---------------------------------- ------------------------------------------
b) Initial notification Initial Notification
/Amendment
---------------------------------- ------------------------------------------
3 Details of the issuer, emission allowance market participant,
auction platform, auctioneer or auction monitor
------------------------------------------------------------------------------
a) Name Power Metal Resources Plc
---------------------------------- ------------------------------------------
b) LEI 213800VNXOUPHTX53686
---------------------------------- ------------------------------------------
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 Ordinary shares of 0.1p each
instrument, type of
instrument
Identification code ISIN: GB00BYWJZ743
b) Nature of the transaction 1. Sale of Shares
---------------------------------- ------------------------------------------
c) Price(s) and volume(s)
------------------------ -------------
Price(s) Volume(s)
------------------------ -------------
Sale 0.375 pence 1,000,000
---------------------------------------------------------------- -------------
d) Aggregated information
- Aggregated volume 1,000,000
- Price 0.375p
e) Date of the transaction 21 February 2020
---------------------------------- ------------------------------------------
f) Place of the transaction XLON
---------------------------------- ------------------------------------------
1 Details of the person discharging managerial responsibilities
/ person closely associated
a) Name 1. Andrew Bell
------------------------------------- ------------------------------------------
2 Reason for the notification
---------------------------------------------------------------------------------
a) Position/status 1. Chairman
------------------------------------- ------------------------------------------
b) Initial notification Initial Notification
/Amendment
------------------------------------- ------------------------------------------
3 Details of the issuer, emission allowance market participant,
auction platform, auctioneer or auction monitor
---------------------------------------------------------------------------------
a) Name Power Metal Resources Plc
------------------------------------- ------------------------------------------
b) LEI 213800VNXOUPHTX53686
------------------------------------- ------------------------------------------
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 Ordinary shares of 0.1p each
instrument, type of
instrument
Identification code ISIN: GB00BYWJZ743
b) Nature of the transaction 1. Purchase of Shares
------------------------------------- ------------------------------------------
c) Price(s) and volume(s)
--------------------- ----------------
Price(s) Volume(s)
--------------------- ----------------
0.414 pence 1,000,000
---------------------------------------------------------------- ----------------
d) Aggregated information
- Aggregated volume 1,000,000
- Price 0.414p
e) Date of the transaction 21 February 2020
------------------------------------- ------------------------------------------
f) Place of the transaction XLON
------------------------------------- ------------------------------------------
The information contained within this announcement is considered to be inside information prior to its release, as defined in Article 7 of the Market Abuse Regulation No.596/2014 and is disclosed in accordance with the Company's obligations under Article 17 of those Regulations.
For further information please visit https://www.powermetalresources.com/ or contact:
Power Metal Resources plc Paul Johnson (Chief Executive Officer) +44 (0) 7766 465 617 SP Angel Corporate Finance (Nomad and Joint Broker) Ewan Leggat +44 (0) 20 3470 0470 SI Capital Limited (Joint Broker) Nick Emerson +44 (0) 1483 413 500 First Equity Limited (Joint Broker) David Cockbill/Jason Robertson +44 (0) 20 7330 1883
Notes to Editors:
Power Metal Resources plc (LON:POW) is an AIM listed metals exploration and development company exploring for the key metals used in power generation, transmission, storage and utilisation. The Board and team of advisors, who have proven expertise in exploration, mining and project generation, have identified an opportunity to utilise the Company's position to become a leader in the London market for investors to gain exposure to the power metal commodity suite, particularly cobalt, lithium, copper and nickel.
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 rns@lseg.com or visit www.rns.com.
END
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(END) Dow Jones Newswires
February 24, 2020 03:48 ET (08:48 GMT)
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