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| Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
|---|---|---|---|---|---|
| Goldstone Resources Limited | LSE:GRL | London | Ordinary Share | JE00BRJ8YF63 | ORD 1P |
| Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
|---|---|---|---|---|---|---|---|---|---|---|
| 0.00 | 0.00% | 2.15 | 0.00 | 01:00:00 |
| Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
|---|---|---|---|---|---|
| Gold Ores | 0 | -1.52M | -0.0033 | -6.52 | 9.87M |
From Apr 2019 to Apr 2024
TIDMGRL
RNS Number : 7610K
Goldstone Resources Ltd
11 July 2017
11 July 2017
GOLDSTONE RESOURCES LIMITED
("GoldStone" or the "Company")
Director/PDMR Notifications
GoldStone Resources Limited (AIM: GRL), the West and Central Africa focused gold exploration company quoted on AIM, announces the following issues of ordinary shares of 1 penny each ("Ordinary Shares") to directors of the Company in lieu of salaries accrued in June 2017 ("Fee Shares"). As set out in the Company's announcements of 3 April 2017 and 2 June 2017, the Directors have agreed, in order to preserve cash, to convert salaries and fees through to the end of September 2017 into Ordinary Shares.
The number of Fee Shares to be issued in respect of such fees and salaries for June 2017 has been calculated by reference to the volume weighted average price of the Ordinary Shares for the period of 30 days prior to the 1 July 2017, being 1.45p.
The Fee Shares to be issued to each of the Directors in respect of accrued fees and salaries, for the month of June 2017, and the resulting interests in Ordinary Shares are set out below:
Hot Features
Premium
Existing New Fee Resultant Resultant
Holding Shares Holding Percentage
Holding
---------------- ---------- --------- ---------- ------------
Neil Gardyne 623,176 137,640 760,816 0.52%
---------------- ---------- --------- ---------- ------------
Emma Priestley 2,596,543 573,499 3,170,042 2.15%
---------------- ---------- --------- ---------- ------------
Richard Lloyd 623,176 137,640 760,816 0.52%
---------------- ---------- --------- ---------- ------------
Admission and Total Voting Rights
Application will be made for the 848,779 Fee Shares to be admitted to trading on AIM ("Admission"). Admission and dealings are expected to commence at 8.00 a.m. on 17 July 2017. On Admission, the Company will have 147,330,414 Ordinary Shares in issue.
The Company does not currently hold any Ordinary Shares in treasury. Accordingly, the above figure of 147,330,414 may be used by shareholders as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change in their interest in, the share capital of the Company under the Financial Conduct Authority's Disclosure and Transparency Rules.
For further information, please contact:
GoldStone Resources Limited Emma Priestley/ Neil Tel: +44 (0)20 7830 9650 Gardyne / +27 (0)82 490 4427 Strand Hanson Limited Richard Tulloch / James Tel: +44 (0)20 7409 3494 Bellman SI Capital Limited Nick Emerson / Andy Tel: +44 (0)1483 413 500 Thacker
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 Neil Gardyne
--- ------------------------------- ----------------------------
2. Reason for the Notification
--- -------------------------------------------------------------
a) Position/status Director of the Company
--- ------------------------------- ----------------------------
b) Initial notification/amendment Initial notification
--- ------------------------------- ----------------------------
3. Details of the issuer, emission allowance market
participant, auction platform, auctioneer or
auction monitor
--- -------------------------------------------------------------
a) Name Goldstone Resources Limited
--- ------------------------------- ----------------------------
b) LEI 213800B7ATYRPQUTS551
--- ------------------------------- ----------------------------
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 1 penny
Financial instrument, each in the share capital
type of instrument of the Goldstone Resources
Limited
--- ------------------------------- ----------------------------
Identification code JE00BRJ8YF63
--- ------------------------------- ----------------------------
b) Nature of the Transaction Receipt of Ordinary Shares
in lieu of director fees
--- ------------------------------- ----------------------------
c) Price(s) and volume(s) Price(s) Volume(s)
----------- ----------
GBP0.0145 137,640
----------- ----------
--- ------------------------------- ----------------------------
d) Aggregated information N/A (Single transaction)
Aggregated volume
Price
--- ------------------------------- ----------------------------
e) Date of the transaction 10 July 2017
--- ------------------------------- ----------------------------
f) Place of the transaction London Stock Exchange, AIM
Market (XLON)
--- ------------------------------- ----------------------------
1. Details of the person discharging managerial
responsibilities / person closely associated
--- -------------------------------------------------------------
a) Name Emma Priestley
--- ------------------------------- ----------------------------
2. Reason for the Notification
--- -------------------------------------------------------------
a) Position/status Director of the Company
--- ------------------------------- ----------------------------
b) Initial notification/amendment Initial notification
--- ------------------------------- ----------------------------
3. Details of the issuer, emission allowance market
participant, auction platform, auctioneer or
auction monitor
--- -------------------------------------------------------------
a) Name Goldstone Resources Limited
--- ------------------------------- ----------------------------
b) LEI 213800B7ATYRPQUTS551
--- ------------------------------- ----------------------------
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 1 penny
Financial instrument, each in the share capital
type of instrument of the Goldstone Resources
Limited
--- ------------------------------- ----------------------------
Identification code JE00BRJ8YF63
--- ------------------------------- ----------------------------
b) Nature of the Transaction Receipt of Ordinary Shares
in lieu of director fees
--- ------------------------------- ----------------------------
c) Price(s) and volume(s) Price(s) Volume(s)
----------- ----------
GBP0.0145 573,499
----------- ----------
--- ------------------------------- ----------------------------
d) Aggregated information N/A (Single transaction)
Aggregated volume
Price
--- ------------------------------- ----------------------------
e) Date of the transaction 10 July 2017
--- ------------------------------- ----------------------------
f) Place of the transaction London Stock Exchange, AIM
Market (XLON)
--- ------------------------------- ----------------------------
1. Details of the person discharging managerial
responsibilities / person closely associated
--- -------------------------------------------------------------
a) Name Richard Lloyd
--- ------------------------------- ----------------------------
2. Reason for the Notification
--- -------------------------------------------------------------
a) Position/status Director of the Company
--- ------------------------------- ----------------------------
b) Initial notification/amendment Initial notification
--- ------------------------------- ----------------------------
3. Details of the issuer, emission allowance market
participant, auction platform, auctioneer or
auction monitor
--- -------------------------------------------------------------
a) Name Goldstone Resources Limited
--- ------------------------------- ----------------------------
b) LEI 213800B7ATYRPQUTS551
--- ------------------------------- ----------------------------
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 1 penny
Financial instrument, each in the share capital
type of instrument of the Goldstone Resources
Limited
--- ------------------------------- ----------------------------
Identification code JE00BRJ8YF63
--- ------------------------------- ----------------------------
b) Nature of the Transaction Receipt of Ordinary Shares
in lieu of director fees
--- ------------------------------- ----------------------------
c) Price(s) and volume(s) Price(s) Volume(s)
----------- ----------
GBP0.0145 137,640
----------- ----------
--- ------------------------------- ----------------------------
d) Aggregated information N/A (Single transaction)
Aggregated volume
Price
--- ------------------------------- ----------------------------
e) Date of the transaction 10 July 2017
--- ------------------------------- ----------------------------
f) Place of the transaction London Stock Exchange, AIM
Market (XLON)
--- ------------------------------- ----------------------------
Date of notifications: 10 July 2017
- END -
About GoldStone Resources Limited
GoldStone Resources Limited (AIM: GRL) is an AIM quoted exploration company with projects in Ghana, Senegal, and Gabon that range from grassroots to advanced exploration.
The Company is focused on developing the Homase-Akrokerri project in south-western Ghana, which hosts an existing 602,000 oz gold JORC Code compliant resource at an average grade of 1.77g/t, along strike from the Obuasi Gold Mine, one of the World's major gold mines with a total historical and current resource in excess of 70 million ounces of gold. It is the Company's intention to build a portfolio of high-quality gold projects in Ghana, with a particular focus on the highly prospective Ashanti Gold Belt.
This information is provided by RNS
The company news service from the London Stock Exchange
END
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July 11, 2017 11:00 ET (15:00 GMT)
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