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EEE Empire Metals Limited

7.70
-0.06 (-0.77%)
26 Apr 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Empire Metals Limited LSE:EEE London Ordinary Share VGG3036T1012 ORD NPV (DI)
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  -0.06 -0.77% 7.70 7.40 8.00 7.75 7.50 7.50 2,637,307 12:43:25
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
Gold Ores 0 -1.16M -0.0024 -32.08 37.91M

Empire Metals Limited Director Dealings (1077K)

31/08/2021 7:00am

UK Regulatory


Empire Metals (LSE:EEE)
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TIDMEEE

RNS Number : 1077K

Empire Metals Limited

31 August 2021

Empire Metals Limited / AIM: EEE / Sector: Natural Resources

31 August 2021

Empire Metals Limited ('Empire' or the 'Company')

Director Dealings

Empire Metals Limited announces that it was notified today that on 27 August 2021, Mr Gregory Kuenzel, Finance Director of the Company, purchased 1,000,000 ordinary shares of no par value in the share capital of the Company ('Ordinary Shares'), at an average price of 1.669 pence, Mr Michael Struthers, Non-Executive Director of the Company, purchased 600,000 Ordinary Shares, at a price of 1.65 pence and Mr Peter Damouni, Non-Executive Director of the Company, purchased 302,114 Ordinary Shares at a price of 1.655 pence.

Following this purchase, Mr Gregory Kuenzel's total beneficial ownership in the Company is 1,597,467 Ordinary Shares representing 0.47% of the Company's issued share capital, Mr Michael Struthers' total beneficial ownership in the Company is 950,000 Ordinary Shares representing 0.28% of the Company's issued share capital, Mr Peter Damouni's total beneficial ownership in the Company is 1,209,614 Ordinary Shares representing 0.36% of the Company's issued share capital.

Market Abuse Regulation (MAR) Disclosure

The notification below, made in accordance with the requirements of the EU Market Abuse Regulation, provides further detail on the dealings by a director.

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:                                      Gregory Kuenzel 
     -----------------------------------------  -------------------------------------------- 
 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:                                      Empire Metals Limited 
     -----------------------------------------  -------------------------------------------- 
 b)   LEI:                                       2138002IOR7OCZZPB279 
     -----------------------------------------  -------------------------------------------- 
 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 shares of no 
       Identification code:                        par value 
                                                   VGG9688A1003 
     -----------------------------------------  -------------------------------------------- 
 b)   Nature of the transaction:                 Purchase of Ordinary 
                                                  Shares 
     -----------------------------------------  -------------------------------------------- 
 c)   Price(s) and volume(s):                          Price(s)       Volume(s) 
                                                   1.   1.6499 pence     500,000 
                                                   2.   1.688 pence      500,000 
                                                       -------------  ---------- 
     -----------------------------------------  -------------------------------------------- 
 d)   Aggregated information:                    Single transactions 
       Aggregated volume:                         as in 4 c) above Price(s)        Volume(s) 
       Price:                                      1.6499 pence      500,000 
       Aggregated volume:                                         ---------- 
       Price: 
                                                   Price(s)       Volume(s) 
                                                   1.688 pence      500,000 
                                                                 ---------- 
     -----------------------------------------  -------------------------------------------- 
 e)   Date of the transaction:                        2021-08-27 
                                                       1. 14:13:43 hrs UTC 
                                                       2. 14:45:43 hrs UTC 
     -----------------------------------------  -------------------------------------------- 
 f)   Place of the transaction:                  AIM, London Stock Exchange 
     -----------------------------------------  -------------------------------------------- 
 
 
 1.   Details of the person discharging managerial responsibilities/person 
       closely associated 
 a)   Name:                                      Michael Struthers 
     -----------------------------------------  ------------------------------------------ 
 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:                                      Empire Metals Limited 
     -----------------------------------------  ------------------------------------------ 
 b)   LEI:                                       2138002IOR7OCZZPB279 
     -----------------------------------------  ------------------------------------------ 
 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 shares of no 
       Identification code:                        par value 
                                                   VGG9688A1003 
     -----------------------------------------  ------------------------------------------ 
 b)   Nature of the transaction:                 Purchase of Ordinary 
                                                  Shares 
     -----------------------------------------  ------------------------------------------ 
 c)   Price(s) and volume(s):                      Price(s)      Volume(s) 
                                                    1.65 pence      600,000 
     -----------------------------------------  ------------------------------------------ 
 d)   Aggregated information:                    Single transactions 
       Aggregated volume:                         as in 4 c) above Price(s)      Volume(s) 
       Price:                                      1.65 pence      600,000 
                                                                ---------- 
     -----------------------------------------  ------------------------------------------ 
 e)   Date of the transaction:                   2021-08-27 
                                                  14:13:00 hrs UTC 
     -----------------------------------------  ------------------------------------------ 
 f)   Place of the transaction:                  AIM, London Stock Exchange 
     -----------------------------------------  ------------------------------------------ 
 
 
 1.   Details of the person discharging managerial responsibilities/person 
       closely associated 
 a)   Name:                                      Peter Damouni 
     -----------------------------------------  ------------------------------------------- 
 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:                                      Empire Metals Limited 
     -----------------------------------------  ------------------------------------------- 
 b)   LEI:                                       2138002IOR7OCZZPB279 
     -----------------------------------------  ------------------------------------------- 
 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 shares of no 
       Identification code:                        par value 
                                                   VGG9688A1003 
     -----------------------------------------  ------------------------------------------- 
 b)   Nature of the transaction:                 Purchase of Ordinary 
                                                  Shares 
     -----------------------------------------  ------------------------------------------- 
 c)   Price(s) and volume(s):                      Price(s)       Volume(s) 
                                                    1.655 pence      302,114 
     -----------------------------------------  ------------------------------------------- 
 d)   Aggregated information:                    Single transactions 
       Aggregated volume:                         as in 4 c) above Price(s)       Volume(s) 
       Price:                                      1.655 pence      302,114 
                                                                 ---------- 
     -----------------------------------------  ------------------------------------------- 
 e)   Date of the transaction:                   2021-08-27 
                                                  14:35:00 hrs UTC 
     -----------------------------------------  ------------------------------------------- 
 f)   Place of the transaction:                  AIM, London Stock Exchange 
     -----------------------------------------  ------------------------------------------- 
 

Market Abuse Regulation (MAR) Disclosure

Certain information contained in this announcement would have been deemed inside information for the purposes of Article 7 of Regulation (EU) No 596/2014, as incorporated into UK law by the European Union (Withdrawal) Act 2018, until the release of this announcement.

**ENDS**

For further information please visit www.empiremetals.co.uk or contact:

 
 Shaun Bunn       Empire Metals Ltd        Company          Tel: 020 7907 
                                                             9327 
 Mike Struthers   Empire Metals Ltd        Company          Tel: 020 7907 
                                                             9327 
 Ewan Leggat      S. P. Angel Corporate    Nomad & Broker   Tel: 020 3470 
                   Finance LLP                               0470 
 Adam Cowl        S. P. Angel Corporate    Nomad & Broker   Tel: 020 3470 
                   Finance LLP                               0470 
 Damon Heath      Shard Capital Partners   Joint Broker     Tel: 020 7186 
                   LLP                                       9950 
 Susie Geliher    St Brides Partners Ltd   PR               Tel: 020 7236 
                                                             1177 
 Selina Lovell    St Brides Partners Ltd   PR               Tel: 020 7236 
                                                             1177 
 

About Empire Metals Limited

Empire Metals is an AIM-listed (LON: EEE) exploration and resource development company with a project portfolio comprising gold interests in Australia and Austria.

The Company strategy is to develop a pipeline of projects at different stages in the development curve. Its current focus is on the high-grade Eclipse Gold Project and the Central Menzies Gold Project in Western Australia, with the goal to expand through the addition of further projects in the region to develop a viable and compelling portfolio of precious metals assets.

Empire also holds a portfolio of three precious metals projects located an historically high-grade gold production region comprising the Rotgulden, Schonberg and Walchen prospects in central-southern Austria.

The Board continues to evaluate opportunities through which to realise the value of its wider portfolio and reviews further assets which meet the Company's investment criteria.

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.

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END

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August 31, 2021 02:00 ET (06:00 GMT)

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