Buy
Sell
Share Name Share Symbol Market Type Share ISIN Share Description
Golden Rock Global Plc LSE:GCG London Ordinary Share JE00BYZT0R68 ORD 1P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.0% 6.75 6.50 7.00 6.75 6.75 6.75 0.00 00:00:00
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Equity Investment Instruments 0.0 -0.4 -2.5 - 1

Golden Rock Global PLC PDMR Announcement

28/01/2020 7:01am

UK Regulatory (RNS & others)


Golden Rock Global (LSE:GCG)
Historical Stock Chart


From Oct 2019 to Oct 2020

Click Here for more Golden Rock Global Charts.

TIDMGCG

RNS Number : 0678B

Golden Rock Global PLC

28 January 2020

LSE: GCG:LN

28 January 2020

Golden Rock Global plc

(the "Company")

PDMR Announcement

The Company announces that it has today been notified by Mr Wei Chen, Executive Director of the Company, that on 27 January 2020 he disposed of his entire shareholding in the Company comprising 4,480,00 ordinary shares of GBP0.01 (each a "Share") for aggregate consideration of GBP420,000, equivalent to 9.375p per Share (the "Disposal").

Following the Disposal, Mr Chen no longer has a direct interest in any Shares. However, as disclosed in the Company's prospectus, Mr Chen is closely associated with two other founder shareholders of the Company, Feng Chen and Hui Zhou (who, together with Mr Chen, comprise the "Founder Group"). Feng Chen and Hui Zhou together continue to hold 7,360,000 Shares in aggregate, equivalent to 46% of the current issued share capital of the Company and accordingly the relationship agreements entered into between the Company and each member of the Founder Group, each dated 25 October 2016, which set out certain undertakings and covenants given by each member of the Founder Group in favour of the Company, will remain in full force and effect notwithstanding the Disposal. Mr Chen will continue to act as Executive Director of the Company and the Board expects to remain closely involved in its business and affairs.

The purchaser of Mr Chen's shareholding is GSB Gold Standard Banking Corporation AG ("GSB"). GSB is headquartered in Dusseldorf, Germany and its principal operations include trading rare and raw materials and precious metals. GSB also has interests in financial services businesses. Mr Josip Heit is Chairman of GSB.

The Board expects to meet with GSB and its representatives shortly as the first step in building a constructive relationship going forward.

The Company makes the below announcement and notification in accordance with the EU Market Abuse Regulation (No 596/2014) in respect of the Disposal.

Enquiries:

Ross Andrews, Chairman

(T: 07973 839767)

 
 1.    Details of Persons Discharging Managerial Responsibilities 
        "PDMR" / person closely associated with them ('PCA') 
 a)    Name                                Wei Chen 
      ----------------------------------  ------------------------------------- 
 2.    Reason for notification 
      ------------------------------------------------------------------------- 
 a)    Position/status                     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                                Golden Rock Global plc 
      ----------------------------------  ------------------------------------- 
 b)    LEI                                 213800LQDN7P5PV83Q46 
      ----------------------------------  ------------------------------------- 
 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        Ordinary Shares of GBP0.01 each 
        instrument 
      ----------------------------------  ------------------------------------- 
       Identification Code                 ISIN: JE00BYZT0R68 
      ----------------------------------  ------------------------------------- 
 b)    Nature of the transaction           Disposal of Ordinary Shares 
                                            of GBP0.01 each 
      ----------------------------------  ------------------------------------- 
 c)    Price(s) and volume(s)              Price(s)                 Volume(s) 
      ----------------------------------  -----------------------  ------------ 
 
     9.375p per Ordinary 
     Share                                                            4,480,000 
  ---------------------------------------------------------------  ------------ 
 d)    Aggregated information              N/A (single transaction) 
      ----------------------------------  ------------------------------------- 
  Aggregated volume                   - 
 ----------------------------------  ------------------------------------------ 
  Price                               - 
 ----------------------------------  ------------------------------------------ 
 e)    Date of the transaction             27 January 2020 
      ----------------------------------  ------------------------------------- 
 f)    Place of the transaction            London Stock Exchange 
      ----------------------------------  ------------------------------------- 
 

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.

END

DSHBRGDBDDDDGGR

(END) Dow Jones Newswires

January 28, 2020 02:01 ET (07:01 GMT)

1 Year Golden Rock Global Chart

1 Year Golden Rock Global Chart

1 Month Golden Rock Global Chart

1 Month Golden Rock Global Chart
ADVFN Advertorial
Your Recent History
LSE
GCG
Golden Roc..
Register now to watch these stocks streaming on the ADVFN Monitor.

Monitor lets you view up to 110 of your favourite stocks at once and is completely free to use.

By accessing the services available at ADVFN you are agreeing to be bound by ADVFN's Terms & Conditions

P: V:gb D:20201027 18:59:40