KEFI Minerals plc Director Dealing (7643G)

TIDMKEFI

RNS Number : 7643G

KEFI Minerals plc

19 March 2020

19 March 2020

KEFI Minerals plc ("KEFI" or the "Company")

Director Dealing

KEFI Minerals (AIM: KEFI), the gold exploration and development company with projects in the Kingdom of Saudi Arabia and the Democratic Republic of Ethiopia, was notified on 18 March 2020 by the Company's non-executive director, Norman Ling, that he sold on market 2,000,000 ordinary shares of 0.1 pence each ("Ordinary Shares") at a price of 0.52 pence per share and that he had purchased on market 2,000,000 Ordinary Shares at a price of 0.52 pence per share, both transactions occurring on 18 March 2020.

Following the purchase and sale Mr. Ling continues to beneficially hold 2,295,486 Ordinary Shares, representing approximately 0.18% of the issued share capital of the Company.

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)   Full name of person          1. Norman Arthur Ling 
         Dealing 
       ---------------------------  ------------------------------------------- 
 2.     Reason for notification 
       ------------------------------------------------------------------------ 
  (a)   Position/status              1. Non- Executive Director 
       ---------------------------  ------------------------------------------- 
  (b)   Initial notification/        Initial notification 
         Amendment 
       ---------------------------  ------------------------------------------- 
 3.     Details of the issuer, emission allowance market participant, 
         auction platform, auctioneer or auction monitor 
       ------------------------------------------------------------------------ 
  (a)   Name of entity               KEFI Minerals Plc 
       ---------------------------  ------------------------------------------- 
  (b)   LEI                          213800OO6ETVDGE3QY15 
       ---------------------------  ------------------------------------------- 
 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               Ordinary shares of 0.1 pence 
         the financial instrument, 
         type of instrument 
       ---------------------------  ------------------------------------------- 
  (b)   Identification               GB00BD8GP619 
         code 
       ---------------------------  ------------------------------------------- 
  (c)   Nature of the transaction    Purchase and Sale of Shares 
       ---------------------------  ------------------------------------------- 
  (d)   Price(s) and volume(s)                    1. Sale of 2,000,000 Ordinary 
                                                    shares 
                                                    2. Purchase of 2,000,000 
                                                    Ordinary Shares 
       ---------------------------  ------------------------------------------- 
  (e)   Aggregated information:      Two transaction as in 4(d) above 
         - Aggregated volume           Share Prices(s)    Share Volume(s) 
         - Price                       1. 0.52 
                                        pence             2,000,000 
                                                         ---------------- 
                                       2. 0.52 
                                        pence             2,000,000 
                                                         ---------------- 
       ---------------------------  ------------------------------------------- 
  (f)   Date of transaction          18 March 2020 
       ---------------------------  ------------------------------------------- 
  (g)   Place of transaction         London Stock Exchange, AIM 
       ---------------------------  ------------------------------------------- 
 

Enquiries

 
 KEFI Minerals plc 
 Harry Anagnostaras-Adams (Executive Chairman)    [phone] 
 John Leach (Finance Director)                    [phone] 
 
 SP Angel Corporate Finance LLP (Nominated        [phone] 
  Adviser and Joint Broker)                        0470 
 Jeff Keating, Soltan Tagiev 
 
                                                  [phone] 
 Brandon Hill Capital Ltd (Joint Broker)           5200 
 Oliver Stansfield, Jonathan Evans 
 
                                                  [phone] 
 IFC Advisory Ltd (Financial PR and IR)            6630 
 Tim Metcalfe, Florence Chandler 
 

Further information can be viewed at www.kefi-minerals.com

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March 19, 2020 03:49 ET (07:49 GMT)