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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 | 00:00:00 |
Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
---|---|---|---|---|---|
Gold Ores | 0 | -1.52M | -0.0033 | -6.52 | 9.87M |
TIDMGRL
RNS Number : 7764M
Goldstone Resources Ltd
01 August 2017
01 August 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 July 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 July 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 August 2017, being 1.47p.
The Fee Shares to be issued to each of the Directors in respect of accrued fees and salaries, for the month of July 2017, and the resulting interests in Ordinary Shares are set out below:
Existing New Fee Resultant Resultant Holding Shares Holding Percentage Holding ---------------- ---------- -------- ---------- ------------ Neil Gardyne 760,816 135,658 896,474 0.61% ---------------- ---------- -------- ---------- ------------ Emma Priestley 3,170,042 565,243 3,735,285 2.54% ---------------- ---------- -------- ---------- ------------ Richard Lloyd 760,816 135,658 896,474 0.61% ---------------- ---------- -------- ---------- ------------
Admission and Total Voting Rights
Application will be made for the 836,559 Fee Shares to be admitted to trading on AIM ("Admission"). Admission and dealings are expected to commence at 8.00 a.m. on 8 August 2017. On Admission, the Company will have 148,166,973 Ordinary Shares in issue.
The Company does not currently hold any Ordinary Shares in treasury. Accordingly, the above figure of 148,166,973 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) ----------- ---------- GBP0.0147 135,658 ----------- ---------- --- ------------------------------- ---------------------------- d) Aggregated information N/A (Single transaction) Aggregated volume Price --- ------------------------------- ---------------------------- e) Date of the transaction 01 August 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) ----------- ---------- GBP0.0147 565,243 ----------- ---------- --- ------------------------------- ---------------------------- d) Aggregated information N/A (Single transaction) Aggregated volume Price --- ------------------------------- ---------------------------- e) Date of the transaction 1 August 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) ----------- ---------- GBP0.0147 135,658 ----------- ---------- --- ------------------------------- ---------------------------- d) Aggregated information N/A (Single transaction) Aggregated volume Price --- ------------------------------- ---------------------------- e) Date of the transaction 1 August 2017 --- ------------------------------- ---------------------------- f) Place of the transaction London Stock Exchange, AIM Market (XLON) --- ------------------------------- ----------------------------
Date of notifications: 1 August 2017
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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
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August 01, 2017 09:05 ET (13:05 GMT)
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