Oriole Resources PLC Director's Dealings (4076B)

TIDMORR

RNS Number : 4076B

Oriole Resources PLC

06 June 2019

Oriole Resources Plc

('Oriole' or 'the Company')

Director's Dealings

Oriole Resources PLC, the AIM-quoted exploration company focussed on West Africa, announces it received notification on 6 June 2019 that on that date David Pelham, Non-Executive Director of the Company, acquired ordinary shares of 0.1p each in the Capital of the Company ('Ordinary Shares') as set out below:

 
 Name            Number of Ordinary      Weighted average   Resultant shareholding        Percentage 
                   Shares Purchased    price per Ordinary           in the Company     of the issued 
                                                Share (p)                              share capital 
                                                                                      of the Company 
 David Pelham               948,105                 0.312                  948,105              0.1% 
                -------------------  --------------------  -----------------------  ---------------- 
 

** ENDS **

The information contained within this announcement is deemed by the Company to constitute inside information as stipulated under the Market Abuse Regulations (EU) No. 596/2014. Following the publication of this announcement, this inside information is now considered to be in the public domain.

For further information please visit www.orioleresources.com, @OrioleResources on Twitter,

or contact:

 
 Oriole Resources Plc                     Tel: [phone] 
 Tim Livesey / Bob Smeeton / Claire 
  Bay 
 
 Blytheweigh (IR/PR Contact)              Tel: [phone] 
 Tim Blythe / Megan Ray / Rachel Brooks 
 
 Grant Thornton UK LLP                    Tel: [phone] 
 Samantha Harrison / Ben Roberts / Niall MacDonald 
 WH Ireland                               Tel: [phone] 
 Adrian Hadden / Lydia Zychowska 
 Hannam & Partners                        Tel: [phone] 
 Neil Passmore / Andrew Chubb 
 
 

Notes to Editors:

Oriole Resources PLC is an AIM-listed exploration company, focussed on West Africa. It is focused on early-stage exploration in Cameroon (Bibemi and Wapouzé projects) and the more advanced Dalafin gold project in Senegal, where IAMGOLD has the option to spend US$8m to earn a 70% interest. Year 1 commitments have been met at all three projects. The Company has several interests and royalties in companies operating throughout Africa and Turkey that could deliver future cash flow, and it continues to assess new opportunities in both regions.

.

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)    Name 
                                                  David Pelham 
      ---------------------------------------  ------------------------------------------ 
 2     Reason for the notification 
      ----------------------------------------------------------------------------------- 
 a)    Position/status                          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                                     Oriole Resources PLC 
      ---------------------------------------  ------------------------------------------ 
 b)    LEI                                      213800X32GJR5AGAR511 
      ---------------------------------------  ------------------------------------------ 
 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 0.1 pence each 
        financial instrument,                    in the capital of the Company 
        type of instrument 
 
       Identification code                      Ordinary share ISIN: GB00B0T29327 
 
 b)    Nature of the transaction                Purchase of ordinary shares 
      ---------------------------------------  ------------------------------------------ 
 c)    Price(s) and volume(s) 
                                                ------------------  ------------------- 
                                                 Price(s)            Volume(s) 
                                                ------------------  ------------------- 
                                                 0.312p              948,105 
                                                ------------------  ------------------- 
 
 d)    Aggregated information 
 
  - Aggregated volume                      948,105 ordinary shares of 0.1 pence 
                                            each purchased at 0.312 pence per 
                                            ordinary share 
 
  - Price 
 
 e)    Date of the transaction                  6 June 2019 
      ---------------------------------------  ------------------------------------------ 
 f)    Place of the transaction                 London Stock Exchange, AIM Market 
                                                 (XLON) 
      ---------------------------------------  ------------------------------------------ 
 

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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June 06, 2019 07:04 ET (11:04 GMT)