ADVFN Logo

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 alerts Register for real-time alerts, custom portfolio, and market movers

KDNC Cadence Minerals Plc

4.99
-0.26 (-4.95%)
28 Mar 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Cadence Minerals Plc LSE:KDNC London Ordinary Share GB00BJP0B151 ORD 1P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  -0.26 -4.95% 4.99 5.00 6.00 5.50 5.25 5.25 518,959 16:35:03
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
Phono Recrds,audio Tape,disk 0 -5.5M -0.0304 -1.81 9.95M

Cadence Minerals PLC Director Share Purchases (6780G)

05/03/2018 10:13am

UK Regulatory


Cadence Minerals (LSE:KDNC)
Historical Stock Chart


From Mar 2019 to Mar 2024

Click Here for more Cadence Minerals Charts.

TIDMKDNC

RNS Number : 6780G

Cadence Minerals PLC

05 March 2018

5 March 2018

Cadence Minerals Plc

("Cadence Minerals", "Cadence" or "the Company")

Director Share Purchases

As announced in December 2017 the Directors all entered into a Defined Director Purchase Programme ("DDPP") in which they will each purchase GBP1,000 of ordinary shares per month for 12 months. These shares will be purchased from the market on the first Friday of each month starting on 2nd February 2018 and ending the 4th January 2019. The market will be notified of the purchases on the next trading day via a PDMR; Directors dealing notification.

The Directors have entered into a DDPP in an open period and under this programme are therefore committed to the purchase of shares in what otherwise may be a close period. Entering into the DDPP does not preclude the directors from buying additional shares in the Company during open periods.

Mr Andrew Suckling did not complete his scheduled DDPP on 2 March 2018, due to an error by his broker, as such it is anticipated that this will be completed during the course of this week.

Details of the Director purchases are contained in the table below:

 
 Date          Director            Position            Number of           Price 
  Purchased                                             ordinary            paid per 
                                                        shares acquired     share (pence) 
------------  ------------------  ------------------  -----------------  ---------------- 
                                   Director 
 02/03/2018    Kiran Morzaria       & CEO              400,801            0.25 
------------  ------------------  ------------------  -----------------  ---------------- 
 02/03/2018    Donald Strang       Finance Director    400,000            0.25 
------------  ------------------  ------------------  -----------------  ---------------- 
                                   Non-Executive 
 02/03/2018    Adrian Fairbourn     Director           400,802            0.25 
------------  ------------------  ------------------  -----------------  ---------------- 
 

After these acquisitions the total notifiable share interest in the Company for the directors is as follows

 
 Director            Position            Total Notifiable Interests (shares) 
------------------  ------------------  ------------------------------------ 
                     Executive 
 Andrew Suckling      Chairman           340,000 
------------------  ------------------  ------------------------------------ 
                     Director & 
 Kiran Morzaria       CEO                9,271,564 
------------------  ------------------  ------------------------------------ 
 Donald Strang       Finance Director    6,932,011 
------------------  ------------------  ------------------------------------ 
                     Non-Executive 
 Adrian Fairbourn     Director           7,407,605 
------------------  ------------------  ------------------------------------ 
  Total                                  23,951,180 
--------------------------------------  ------------------------------------ 
 

For further information:

 
Cadence Minerals plc                   +44 (0) 207 440 0647 
 Andrew Suckling 
 Kiran Morzaria 
 
 WH Ireland Limited (NOMAD & Broker)    +44 (0) 207 220 1666 
 James Joyce 
 James Sinclair-Ford 
 
 Hannam & Partners LLP (Joint Broker)   +44 (0) 207 907 8500 
 Neil Passmore 
 Giles Fitzpatrick 
 
 Square1 Consulting                     +44 (0) 207 929 5599 
 David Bick 
 

NOTIFICATION AND PUBLIC DISCLOSURE OF TRANSACTIONS BY PERSONS DISCHARGING MANAGERIAL RESPONSIBILITIES AND PERSONS CLOSELY ASSOCIATED WITH THEM

 
 1     Details of the person discharging managerial responsibilities/person closely associated 
----  ---------------------------------------------------------------------------------------------------------- 
 a)    Name                                                           Kiran Morzaria 
----  -------------------------------------------------------------  ------------------------------------------- 
 2     Reason for the notification 
----  ---------------------------------------------------------------------------------------------------------- 
 a)    Position/status                                                Director & CEO 
----  -------------------------------------------------------------  ------------------------------------------- 
 b)    Initial notification/ Amendment                                Initial notification 
----  -------------------------------------------------------------  ------------------------------------------- 
 3     Details of the issuer, emission allowance market participant, auction platform, auctioneer 
        or auction monitor 
----  ---------------------------------------------------------------------------------------------------------- 
 a)    Name                                                           Cadence Minerals PLC 
----  -------------------------------------------------------------  ------------------------------------------- 
 b)    LEI                                                            213800TUZWG9C2GRNO58 
----  -------------------------------------------------------------  ------------------------------------------- 
 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 instrument, type of instrument    Ordinary Share 
 
        Identification code 
 
                                                                       GB00B067JC96 
----  -------------------------------------------------------------  ------------------------------------------- 
 b)    Nature of the transaction                                      Defined Directors Share Purchase Programme 
----  -------------------------------------------------------------  ------------------------------------------- 
 c)    Price(s) and volume(s)                                          Price(s)   Volume(s) 
                                                                       ---------  ---------- 
                                                                        0.0025     400,801 
                                                                       ---------  ---------- 
----  -------------------------------------------------------------  ------------------------------------------- 
 d)     Aggregated information 
     *    Aggregated volume                                            400,801 
                                                                        0.0025 
 
     *    Price 
 ------------------------------------------------------------------  ------------------------------------------- 
 e)    Date of the transaction                                        02/03/2018 
----  -------------------------------------------------------------  ------------------------------------------- 
 f)    Place of the transaction                                       XLON, AIM 
----  -------------------------------------------------------------  ------------------------------------------- 
 
 
 1     Details of the person discharging managerial responsibilities/person closely associated 
----  ---------------------------------------------------------------------------------------------------------- 
 a)    Name                                                           Donald Strang 
----  -------------------------------------------------------------  ------------------------------------------- 
 2     Reason for the notification 
----  ---------------------------------------------------------------------------------------------------------- 
 a)    Position/status                                                Finance Director 
----  -------------------------------------------------------------  ------------------------------------------- 
 b)    Initial notification/ Amendment                                Initial notification 
----  -------------------------------------------------------------  ------------------------------------------- 
 3     Details of the issuer, emission allowance market participant, auction platform, auctioneer 
        or auction monitor 
----  ---------------------------------------------------------------------------------------------------------- 
 a)    Name                                                           Cadence Minerals PLC 
----  -------------------------------------------------------------  ------------------------------------------- 
 b)    LEI                                                            213800TUZWG9C2GRNO58 
----  -------------------------------------------------------------  ------------------------------------------- 
 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 instrument, type of instrument    Ordinary Share 
 
        Identification code 
 
                                                                       GB00B067JC96 
----  -------------------------------------------------------------  ------------------------------------------- 
 b)    Nature of the transaction                                      Defined Directors Share Purchase Programme 
----  -------------------------------------------------------------  ------------------------------------------- 
 c)    Price(s) and volume(s)                                          Price(s)   Volume(s) 
                                                                       ---------  ---------- 
                                                                        0.0025     400,000 
                                                                       ---------  ---------- 
----  -------------------------------------------------------------  ------------------------------------------- 
 d)     Aggregated information 
     *    Aggregated volume                                            400,000 
                                                                        0.0025 
 
     *    Price 
 ------------------------------------------------------------------  ------------------------------------------- 
 e)    Date of the transaction                                        02/03/2018 
----  -------------------------------------------------------------  ------------------------------------------- 
 f)    Place of the transaction                                       XLON, AIM 
----  -------------------------------------------------------------  ------------------------------------------- 
 
 
 1     Details of the person discharging managerial responsibilities/person closely associated 
----  ---------------------------------------------------------------------------------------------------------- 
 a)    Name                                                           Adrian Fairbourn 
----  -------------------------------------------------------------  ------------------------------------------- 
 2     Reason for the notification 
----  ---------------------------------------------------------------------------------------------------------- 
 a)    Position/status                                                Non-Executive Director 
----  -------------------------------------------------------------  ------------------------------------------- 
 b)    Initial notification/ Amendment                                Initial notification 
----  -------------------------------------------------------------  ------------------------------------------- 
 3     Details of the issuer, emission allowance market participant, auction platform, auctioneer 
        or auction monitor 
----  ---------------------------------------------------------------------------------------------------------- 
 a)    Name                                                           Cadence Minerals PLC 
----  -------------------------------------------------------------  ------------------------------------------- 
 b)    LEI                                                            213800TUZWG9C2GRNO58 
----  -------------------------------------------------------------  ------------------------------------------- 
 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 instrument, type of instrument    Ordinary Share 
 
        Identification code 
 
                                                                       GB00B067JC96 
----  -------------------------------------------------------------  ------------------------------------------- 
 b)    Nature of the transaction                                      Defined Directors Share Purchase Programme 
----  -------------------------------------------------------------  ------------------------------------------- 
 c)    Price(s) and volume(s)                                          Price(s)   Volume(s) 
                                                                       ---------  ---------- 
                                                                        0.0025     400,802 
                                                                       ---------  ---------- 
----  -------------------------------------------------------------  ------------------------------------------- 
 d)     Aggregated information 
     *    Aggregated volume                                            400,802 
                                                                        0.0025 
 
     *    Price 
 ------------------------------------------------------------------  ------------------------------------------- 
 e)    Date of the transaction                                        02/03/2018 
----  -------------------------------------------------------------  ------------------------------------------- 
 f)    Place of the transaction                                       XLON, AIM 
----  -------------------------------------------------------------  ------------------------------------------- 
 

About Cadence Minerals:

Cadence is dedicated to smart investments for a greener world. The planet needs rechargeable batteries on a global scale - upcoming supersized passenger vehicles, lorries and buses - require lithium and other technology minerals to power their cells. Cadence is helping find these minerals in new places and extracting them in new ways, which will meet the demand of this burgeoning market. With circa GBP20 million vested in key assets globally, Cadence is helping us reach tomorrow, today.

Cadence invests across the globe, principally in lithium mining projects. Its primary strategy is taking significant economic stakes in upstream exploration and development assets within strategic metals. We identify assets that have strategic cost advantages that are not replicable, with the aim of achieving lower quartile production costs. The combination of this approach and seeking value opportunities allows us to identify projects capable of achieving high rates of return.

The Cadence board has a blend of mining, commodity investing, fund management and deal structuring knowledge and experience, that is supported by access to key marketing, political and industry contacts. These resources are leveraged not only in our investment decisions but also in continuing support of our investments, whether it be increasing market awareness of an asset, or advising on product mix or path to production. Cadence Mineral's goal is to assist management to rapidly develop the project up the value curve and deliver excellent returns on its investments.

This information is provided by RNS

The company news service from the London Stock Exchange

END

DSHLLFLIVLIEIIT

(END) Dow Jones Newswires

March 05, 2018 05:13 ET (10:13 GMT)

1 Year Cadence Minerals Chart

1 Year Cadence Minerals Chart

1 Month Cadence Minerals Chart

1 Month Cadence Minerals Chart

Your Recent History

Delayed Upgrade Clock