Cadence Minerals PLC Purchase of Shares by a Director (0188G)

TIDMKDNC

RNS Number : 0188G

Cadence Minerals PLC

13 March 2020

Cadence Minerals Plc

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

Purchase of Shares by a Director

The Company announces that Kiran Morzaria, Director and CEO of the Company, today notified the Company that he purchased 254,741 ordinary shares in the Company ("Common Shares") at a price of 3.9 pence per Common Share. Further details of this purchase are disclosed in the table below.

Following this notification, Kiran Morzaria has a beneficial holding of 864,312 Common Shares.

For further information:

 
Cadence Minerals plc                      [phone] 
 Andrew Suckling 
 Kiran Morzaria 
 
 WH Ireland Limited (NOMAD & Broker)       [phone] 
 James Joyce 
 James Sinclair-Ford 
 
 Hannam & Partners LLP (Joint Broker)      [phone] 
 Neil Passmore 
 Ingo Hofmaier 
 
 Novum Securities Limited (Joint Broker)   [phone] 
 Jon Belliss 
 
 
 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                                           Purchase of Common Shares 
      ------------------------------------------------------------------  ---------------------------- 
 c)    Price(s) and volume(s)                                               Price(s)   Volume(s) 
                                                                             0.039      254,741 
                                                                                       ---------- 
      ------------------------------------------------------------------  ---------------------------- 
        Aggregated information 
          *    Aggregated volume 
                                                                             254,741 
 
 d        *    Price                                                         0.039 
      ------------------------------------------------------------------  ---------------------------- 
 e     Date of the transaction                                             12/03/2020 
      ------------------------------------------------------------------  ---------------------------- 
 f     Place of the transaction                                            AIM 
      ------------------------------------------------------------------  ---------------------------- 
 

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

DSHSFMEFEESSEFD

(END) Dow Jones Newswires

March 13, 2020 03:00 ET (07:00 GMT)