MetalNRG PLC Director Dealing (9865C)

TIDMMNRG

RNS Number : 9865C

MetalNRG PLC

24 June 2021

THIS ANNOUNCEMENT, INCLUDING THE INFORMATION CONTAINED IN IT, IS RESTRICTED AND IS NOT FOR PUBLICATION, RELEASE OR DISTRIBUTION, DIRECTLY OR INDIRECTLY, IN WHOLE OR IN PART, IN OR INTO OR FROM THE UNITED STATES, AUSTRALIA, CANADA, JAPAN, OR THE REPUBLIC OF SOUTH AFRICA OR ANY OTHER JURISDICTION IN WHICH SUCH PUBLICATION, RELEASE OR DISTRIBUTION WOULD BE UNLAWFUL.

THIS ANNOUNCEMENT CONTAINS INSIDE INFORMATION FOR THE PURPOSES OF ARTICLE 7 OF EU REGULATION 596/2014 (WHICH FORMS PART OF DOMESTIC UK LAW PURSUANT TO THE EUROPEAN UNION (WITHDRAWAL) ACT 2018 ("EUWA")) ("UK MAR").

24 June 2021

METALNRG plc

("MetalNRG" or the "Company")

Director Dealing

MetalNRG (LON:MNRG), the natural resources and energy investment company , announces that it has been notified by Rolf Gerritsen, MetalNRG's CEO, that he has purchased 908,796

ordinary shares of 0.01p each in the capital of the Company ("Ordinary Shares").

Following the share purchase, Rolf Gerritsen's shareholding is as follows:

 
Director         Ordinary Shares  % of ISC  Ordinary           Ordinary Shares  % of ISC 
                  prior to the               Shares purchased   post the share 
                  share purchase                                purchase 
Rolf Gerritsen   24,519,044       2.57%     908,796            25,427,840       2.66% 
                 ---------------  --------  -----------------  ---------------  -------- 
 

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:

Notification and public disclosure of transactions by persons discharging managerial responsibilities and persons closely associated with them.

 
 1.   Details of PDMR / person closely associated 
 a)   Name                                              Rolf Gerritsen 
     ------------------------------------------------  ------------------------------------------------- 
 2.   Reason for the notification 
     --------------------------------------------------------------------------------------------------- 
 a)   Position / status                                 Chief Executive Officer 
     ------------------------------------------------  ------------------------------------------------- 
 b)   Initial notification /amendment                   Initial notification 
     ------------------------------------------------  ------------------------------------------------- 
 3.   Details of the issuer 
     --------------------------------------------------------------------------------------------------- 
 a)   Name                                              MetalNRG plc 
     ------------------------------------------------  ------------------------------------------------- 
 b)   LEI                                               2138003C24H79U5QZH21 
     ------------------------------------------------  ------------------------------------------------- 
 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 instrument           Ordinary Shares of nominal value 0.01 pence each 
     ------------------------------------------------  ------------------------------------------------- 
 b)   Identification code of the Financial Instrument   ISIN for MetalNRG plc: GB00B15FS791 
     ------------------------------------------------  ------------------------------------------------- 
 c)   Nature of the transaction                         Purchase of Ordinary Shares in MetalNRG plc 
     ------------------------------------------------  ------------------------------------------------- 
 d)   Price(s) and volume(s)                             Price(s)       Volume(s) 
                                                          GBP0.005399    908,796 
     ------------------------------------------------  ------------------------------------------------- 
 e)   Aggregated information 
       - Aggregated volume                                908,796 
       - Price                                            GBP0.005399 
       - Aggregated value                                 GBP4,906.60 
     ------------------------------------------------  ------------------------------------------------- 
 f)   Date of the transaction                           23 June 2021 
     ------------------------------------------------  ------------------------------------------------- 
 g)   Place of the transaction                          LONDON 
     ------------------------------------------------  ------------------------------------------------- 
 

The release of this information was arranged by Rolf Gerritsen, Chief Executive Officer.

Contact details:

 
 METALNRG plc 
  Christopher Latilla-Campbell     [phone] 
 Corporate Adviser 
  PETERHOUSE CAPITAL LIMITED 
  Lucy Williams/Duncan Vasey       [phone] 
                                 ---------------------- 
 Corporate Broker 
  SI CAPITAL LIMITED 
  Nick Emerson                     [phone] 
                                 ---------------------- 
 

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June 24, 2021 04:24 ET (08:24 GMT)