Keras Resources PLC Director Shareholding (8534O)

TIDMKRS

RNS Number : 8534O

Keras Resources PLC

04 October 2019

Keras Resources plc / Index: AIM / Epic: KRS / Sector: Mining

Keras Resources plc ('Keras' or the 'Company')

4 October 2019

Director Dealings

Keras Resources plc, the AIM listed mineral resource company, announces that it was informed on 4 October 2019 that on 3 October 2019 Dave Reeves, Non-Executive Director of the Company, purchased 19,157,093 ordinary shares of 0.1p each in the Company at a price of 0.4 pence per share.

Following the purchase, Mr. Reeves has a beneficial interest in 489,557,584 ordinary shares representing 19.65 per cent of the Company's total voting rights.

The information set out below is provided in accordance with the requirements of Article 19(3) of the EU Market Abuse Regulation No 596/2014.

 
 1.   Details of the person discharging managerial responsibilities/person 
       closely associated 
 a)   Name:                                                Dave Reeves 
     ----------------------------------------  ----------------------------- 
 2.   Reason for the notification 
     ----------------------------------------------------------------------- 
 a)   Position/status:                          Non-Executive Director 
     ----------------------------------------  ----------------------------- 
 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 the financial              Ordinary shares of 
       instrument, type of instrument:           0.1p each 
       Identification code: 
                                                 ISIN: GB00B649J414 
     ----------------------------------------  ----------------------------- 
 b)   Nature of the transaction:                Acquisition of shares 
     ----------------------------------------  ----------------------------- 
 c)   Price(s) and volume(s):                     Price(s)   Volume(s) 
                                                   0.4 p      19,157,093 
                                                             ----------- 
     ----------------------------------------  ----------------------------- 
 d)   Aggregated information:                   Single transaction 
       Aggregated volume:                        as in 4 c) above 
       Price:                                     Price(s)   Volume(s) 
                                                  0.4 p      19,157,093 
                                                            ----------- 
     ----------------------------------------  ----------------------------- 
 e)   Date of the transaction:                  03 October 2019 
     ----------------------------------------  ----------------------------- 
 f)   Place of the transaction:                 XLON 
     ----------------------------------------  ----------------------------- 
 

**ENDS**

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

 
 Russell Lamming              Keras Resources plc           [e-mail] 
 Nominated Adviser / Joint 
  Broker 
  Ewan Leggat / Charlie       SP Angel Corporate Finance    [phone] 
  Bouverat                     LLP                           0470 
 Financial PR 
  Isabel de Salis / Cosima                                  [phone] 
  Akerman                     St Brides Partners Ltd         1177 
 

Notes

Keras Resources plc is focused on building a strategic portfolio of resource assets, providing investors with exposure to a portfolio of development assets including manganese, cobalt and nickel in Togo, West Africa. The Company benefits from a highly skilled management team, which has extensive operational experience in the resource sector and 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.

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October 04, 2019 07:36 ET (11:36 GMT)