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Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
---|---|---|---|---|---|
Landore Resources Limited | LSE:LND | London | Ordinary Share | GG00BMX4VR69 | ORD NPV |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
-0.45 | -10.23% | 3.95 | 3.90 | 4.00 | 4.40 | 3.90 | 4.40 | 3,987,759 | 15:32:56 |
Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
---|---|---|---|---|---|
Gold Ores | 0 | -1.5M | -0.0066 | -5.98 | 9.99M |
TIDMLND
RNS Number : 6713T
Landore Resources Limited
25 July 2022
25 July 2022
Landore Resources Limited
("Landore Resources" or the "Company")
Exercise of Options, PDMR Dealing, Issue of Equity and Total Voting Rights
Landore Resources Limited (AIM: LND) announces it was notified on 25 July 2022 that William Humphries, Chief Executive Officer, exercised options in respect of 300,000 ordinary shares of no par value at an exercise price of 16.1 pence each ("Share Options"), for which funds of GBP48,300 have been received by the Company.
Following the exercise of the Share Options, William Humphries has an interest in 5,916,041 ordinary shares, representing 5.13 per cent. of the enlarged issued share capital of the Company, and has 3,450,000 share options outstanding.
Issue of Equity and Admission
Application will be made for the admission of the new ordinary shares pursuant to the exercise of the Share Options (the "New Ordinary Shares") to trading on AIM ("Admission"). The New Ordinary Shares will rank pari passu with the existing Ordinary Shares and it is expected that Admission will become effective on or around 8.00 a.m. on 29 July 2022.
Following Admission, the Company's issued share capital will consist of 115,346,391 Ordinary Shares with voting rights. Landore Resources does not hold any Ordinary Shares in treasury. This figure of 115,346,391 may be used by shareholders in the Company as the denominator for the calculations by which they will determine if they require to notify their interest in, or a change to their interest in, the share capital of the Company under the UK Financial Conduct Authority's Disclosure Guidance and Transparency Rules.
For more information, please contact:
Landore Resources Limited Bill Humphries, Chief Executive Tel: 07734 681262 Officer Glenn Featherby, Finance Director Tel: 07730 420318 Cenkos Securities (Nominated Advisor and Broker) Derrick Lee / Peter Lynch Tel: 0131 220 9100 1. Details of the person discharging managerial responsibilities/person closely associated a) Name: William Humphries --------------------------------------------------- --------------------------------------- 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: Landore Resources Limited --------------------------------------------------- --------------------------------------- b) LEI: 21380019CJ5T1PNY3Q69 --------------------------------------------------- --------------------------------------- 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 no par value financial instrument, each type of instrument: GG00BMX4VR69 Identification code: --------------------------------------------------- --------------------------------------- b) Nature of the transaction: Exercise of Share Options --------------------------------------------------- --------------------------------------- c) Price(s) and volume(s): Price Volume --------------------------------------------------- 16.1p 300,000 -------------------------------------------------------------------- ------------------ ------------------- d) Aggregated information: The exercise of options over Aggregated volume: Ordinary Shares Price: 300,000 16.1p --------------------------------------------------- --------------------------------------- e) Date of the transaction: 25 July 2022 --------------------------------------------------- --------------------------------------- f) Place of the transaction: London Stock Exchange, AIM (LON:GTC) --------------------------------------------------- ---------------------------------------
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(END) Dow Jones Newswires
July 25, 2022 12:09 ET (16:09 GMT)
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