Bluejay Mining PLC Director Dealing (4268K)

TIDMJAY

RNS Number : 4268K

Bluejay Mining PLC

04 January 2021

Bluejay Mining plc / EPIC: JAY / Market: AIM / Sector: Mining

4 January 2021

Bluejay Mining plc

('Bluejay' or the 'Company')

Director Dealing

Bluejay Mining plc, the AIM and FSE listed, and OCTQB traded, exploration and development company with projects in Greenland and Finland , announces that it was notified that on the 31st December 2020, Mr Roderick McIllree, Chief Executive Officer of the Company, sold 20,000,000 ordinary shares of 0.01 pence each in the share capital of the Company ("Ordinary Shares"). The shares were sold at 14.5 pence per share, a 2.225 pence premium to the closing day's price of 12.275, to a single entity via an off-market transaction.

Following this sale, Mr. McIllree's shareholding in the Company will be 74,677,778 Ordinary Shares, representing 7.69% of the Company's issued share capital. Mr McIllree has advised he does not expect to make any further sales of his holding.

The purchasing entity has also expressed an interest in acquiring further shares "on market" during 2021.

Further details on the sale are included in the notification below.

For further information please visit http://www.bluejaymining.com or contact:

 
 Roderick McIllree    Bluejay Mining plc              [phone] 
 Kevin Sheil          Bluejay Mining plc              [phone] 
                     ------------------------------  --------------------- 
                      SP Angel Corporate Finance 
                       LLP 
 Ewan Leggat           (Nominated Adviser)            [phone] 
                     ------------------------------  --------------------- 
                      SP Angel Corporate Finance 
                       LLP 
 Adam Cowl             (Nominated Adviser)            [phone] 
                     ------------------------------  --------------------- 
                      Hannam & Partners (Advisory) 
 Andrew Chubb          LLP                            [phone] 
                     ------------------------------  --------------------- 
 Tim Blythe           Blytheweigh                     [phone] 
                     ------------------------------  --------------------- 
 Megan Ray            Blytheweigh                     [phone] 
                     ------------------------------  --------------------- 
 
 
 1     Details of the person discharging managerial responsibilities 
        / person closely associated 
 a)    Name                                   Roderick McIllree 
      -------------------------------------  ---------------------------------------- 
 2     Reason for the notification 
      ------------------------------------------------------------------------------- 
 a)    Position/status                        Director, 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                                   Bluejay Mining plc 
      -------------------------------------  ---------------------------------------- 
 b)    LEI                                    213800E9AEFEHFLOVJ19 
      -------------------------------------  ---------------------------------------- 
 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                     Ordinary shares of 0.01 pence each 
        financial instrument, 
        type of instrument 
 
       Identification code                    GB00BGKPX309 
 
 b)    Nature of the transaction              Sale of Ordinary Shares 
      -------------------------------------  ---------------------------------------- 
 c)    Price(s) and volume(s) 
                                              ----------------  ------------------- 
                                               Price(s)          Volume(s) 
                                              ----------------  ------------------- 
                                               14.5p             2 0,000,000 
                                              ----------------  ------------------- 
 
 d)    Aggregated information 
 
  - Aggregated volume                    2 0,000,000 
 
  - Price                                 14.5p 
 
 e)    Date of the transaction                31 December 2020 
      -------------------------------------  ---------------------------------------- 
 f)    Place of the transaction               Outside a trading venue 
      -------------------------------------  ---------------------------------------- 
 

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January 04, 2021 05:00 ET (10:00 GMT)