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GRL Goldstone Resources Limited

2.15
0.00 (0.00%)
28 Mar 2024 - Closed
Delayed by 15 minutes
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

Goldstone Resources Ltd Director/PDMR Notifications (7764M)

01/08/2017 2:05pm

UK Regulatory


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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

- 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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August 01, 2017 09:05 ET (13:05 GMT)

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