Keras Resources PLC Director Dealing (8934P)

TIDMKRS

RNS Number : 8934P

Keras Resources PLC

31 May 2018

31 May 2018

Keras Resources plc

("Keras" or the "Company")

Director dealings

Keras Resources Plc has been notified that Mr Russell Lamming, Chief Executive officer of the Company has purchased 4,000,000 ordinary shares of 0.1p each ("Ordinary Shares"). Further detail is provided below:

 
                Purchase      Number         Beneficial        % of Total 
                  price     of Ordinary      interest in      Voting Rights 
                   (p)        Shares       Ordinary Shares    in the Company 
                             Purchased        following         following 
                                              purchase          purchase* 
-------------  ---------  -------------  -----------------  ---------------- 
 Russell 
  Lamming(1)    0.35       4,000,000      60,219,961(1)      2.66% 
-------------  ---------  -------------  -----------------  ---------------- 
 1 - These ordinary shares are held by the Clearwater 
  Trust whose beneficiaries are members of Russell 
  Lamming's family. 
---------------------------------------------------------------------------- 
 
 
 1     Details of the person discharging managerial 
        responsibilities / person closely associated 
----  ------------------------------------------------------------------------- 
 a)    Name 
                                       Russell Lamming 
----  ----------------------------  ------------------------------------------- 
 2     Reason for the notification 
----  ------------------------------------------------------------------------- 
 a)    Position/status 
                                       Chief Executive Officer 
----  ----------------------------  ------------------------------------------- 
 b)    Initial notification 
        /Amendment                     Initial Notification 
----  ----------------------------  ------------------------------------------- 
 3     Details of the issuer, emission allowance market 
        participant, auction platform, auctioneer or 
        auction monitor 
----  ------------------------------------------------------------------------- 
 a)    Name 
                                       Keras Resources Plc 
----  ----------------------------  ------------------------------------------- 
 b)    LEI 
                                                     213800OZFKFM2N4R4F47 
----  ----------------------------  ------------------------------------------- 
 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 0.1p each 
        the financial instrument, 
        type of instrument 
---- 
 
       Identification                ISIN: GB00B649J414 
        code 
 
 b)    Nature of the transaction 
                                       Acquisition of shares 
----  ----------------------------  ------------------------------------------- 
 c)    Price(s) and volume(s) 
----                                        ---------------  ---------------- 
                                             Price(s)         Volume(s) 
----                                        ---------------  ---------------- 
                                     1.      0.35p            2,000,000 
                                            ---------------  ---------------- 
                                     2.      0.35p            2,000,000 
                                            ---------------  ---------------- 
 
 d)    Aggregated information 
---- 
 
  - Aggregated volume                4,000,000 
 
  - Price                            0.35p 
 
 e)    Date of the transaction            1. 30 May 2018 
                                           2. 31 May 2018 
 ---------------------------------  ------------------------------------------- 
 f)    Place of the transaction      XLON 
----  ----------------------------  ------------------------------------------- 
 

**ENDS**

This announcement contains inside information for the purposes of Article 7 of Regulation (EU) 596/2014.

For further information please visit www.kerasplc.com, follow us on Twitter @kerasplc or contact the following:

 
 Russell Lamming           Keras Resources       [e-mail] 
                            plc 
 Nominated Adviser 
  / Joint Broker 
  Ewan Leggat / Charlie    SP Angel Corporate    [phone] 
  Bouverat                  Finance LLP           0470 
 Financial PR 
  Susie Geliher /          St Brides Partners    [phone] 
  Charlotte Page            Ltd                   1177 
 

Notes

Keras Resources plc is focused on building a strategic portfolio of resource assets. The Company provides investors with exposure to a strategic portfolio of development assets, including manganese, cobalt and nickel in Togo, West Africa, and also has a significant interest in a highly prospective gold exploration and development portfolio in Australia.

Keras benefits from a highly skilled management team, which has extensive operational experience in Africa and Australia with proven success in advancing assets up the value curve.

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 [e-mail] or visit www.rns.com.

END

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May 31, 2018 10:00 ET (14:00 GMT)