Anglo Pacific Group PLC Director Share Dealings in Company (7417O)

TIDMAPF

RNS Number : 7417O

Anglo Pacific Group PLC

03 June 2020

News Release

3 June 2020

Anglo Pacific Group PLC

Director Share Dealings in Company

Anglo Pacific Group PLC ("Anglo Pacific", the "Company") (LSE: APF, TSX: APY) announces that it received notification of the following transactions by Kings Chapel International Limited, a person closely associated with Mr. Julian Treger, Chief Executive Officer of the Company.

On 1 June 2020, Kings Chapel International Limited, sold 270,000 ordinary shares of 2 pence each in the Company ("Shares") at a price of 158p per share. This transaction reduces Mr. Treger's interest to 82% of his pre-existing beneficial holding of Shares in line with the Company's announcement on 22 May 2020 and concludes the disposals by Mr. Treger and persons closely associated with him.

Mr. Treger and a person closely associated with him have made a significant investment in Shares of the Company since Mr. Treger became Chief Executive Officer in October 2013. In total, prior to this announcement, Mr. Treger and persons closely associated with him had invested approximately GBP6.0m acquiring Shares in the Company. These Shares had all been acquired on the London Stock Exchange at market price and not under any option package.

Following this notification, the total beneficial holding of Shares by Mr. Treger and persons closely associated with him is 4,525,631 Shares, representing 2.49% of the issued ordinary share capital of the Company.

The transactions took place on the London Stock Exchange.

Directors' Share Dealings - Further information

The notifications below, made in accordance with the requirements of the EU Market Abuse Regulations, provides further detail in respect of the transactions as described at the beginning of this announcement.

 
            1.    Details of the person discharging managerial responsibilities / person closely associated 
       a.         Name                              Kings Chapel International Limited 
                 --------------------------------  ------------------------------------------------------------------- 
            2.    Reason for the notification 
                 ----------------------------------------------------------------------------------------------------- 
            a.    Position/status                   Person closely associated with Mr. Julian Treger, Chief Executive 
                                                    Officer of Anglo Pacific 
                                                    Group PLC 
                 --------------------------------  ------------------------------------------------------------------- 
            b.    Initial notification/Amendment    Initial Notification 
                 --------------------------------  ------------------------------------------------------------------- 
            3.    Details of the issuer, emission allowance market participant, auction platform, auctioneer 
                   or auction monitor 
                 ----------------------------------------------------------------------------------------------------- 
            a.    Name                              Anglo Pacific Group PLC 
                 --------------------------------  ------------------------------------------------------------------- 
            b.    Legal Entity Identifier code      213800LXSV317746JZ71 
                 --------------------------------  ------------------------------------------------------------------- 
            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                2p Ordinary Shares 
                   Financial instrument, type 
                   of instrument 
                   Identification code               GB0006449366 
                 --------------------------------  ------------------------------------------------------------------- 
            b.    Nature of the transaction         Sale of Shares 
                 --------------------------------  ------------------------------------------------------------------- 
            c.    Price(s) and volume(s)              Price(s)   Volume(s) 
                                                       158.00p    270,000 
                                                                 ---------- 
                 --------------------------------  ------------------------------------------------------------------- 
            d.         Aggregated information 
         *    Aggregated volume                      270,000 
                                                      158.00p 
 
         *    Price 
 ------------------------------------------------  ------------------------------------------------------------------- 
            e.    Date of the transaction           1 June 2020 
                 --------------------------------  ------------------------------------------------------------------- 
            f.    Place of the transaction          London Stock Exchange, Main Market (XLON) 
                 --------------------------------  ------------------------------------------------------------------- 
 

For further information:

 
 Anglo Pacific Group PLC                                              [phone] 
 Julian Treger - Chief Executive Officer 
  Kevin Flynn - Chief Financial Officer and Company Secretary 
 Website:                                                        www.anglopacificgroup.com 
 Berenberg                                                            [phone] 
 Matthew Armitt / Jennifer Wyllie / Detlir Elezi 
 
 Peel Hunt LLP                                                        [phone] 
 Ross Allister / Alexander Allen / David McKeown 
 
 RBC Capital Markets                                                  [phone] 
 Farid Dadashev / Marcus Jackson / Jamil Miah 
 
 Capital Market Communications Limited (Camarco)                       [phone] 
 Gordon Poole / Owen Roberts / James Crothers 
 

Notes to Editors

About the Company

Anglo Pacific Group PLC is a global natural resources royalty and streaming company. The Company's strategy is to become a leading natural resources company through investing in high quality projects in preferred jurisdictions with trusted counterparties, underpinned by strong ESG principles. It is a continuing policy of the Company to pay a substantial portion of these royalties and streams to shareholders as dividends.

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 [e-mail] or visit www.rns.com.

END

DSHSSMFWEESSEEM

(END) Dow Jones Newswires

June 03, 2020 02:00 ET (06:00 GMT)