Papua Mining Plc Director/PDMR Shareholding (2431U)

TIDMPML

RNS Number : 2431U

Papua Mining Plc

20 October 2017

Papua Mining plc

Director's dealing

20 October 2017

Papua Mining plc ("Papua" or "the Company") announces that Paul Johnson, a non-executive Director of the Company today purchased 1,000,000 shares in the Company at an average price of 1.38 pence. Mr Johnson, together with his wife, now holds 18,384,565 shares in the Company, representing 5.35 per cent. of the issued share capital.

For further information please visit www.papuamining.com or contact:

 
  Papua Mining plc 
 
 David Price, Managing Director 
  & CEO                               [phone] 
 
 Cenkos Securities plc - Nominated 
  Adviser and Broker 
 Derrick Lee / Beth McKiernan         [phone] 
 
 
 1.   Details of the person discharging managerial 
       responsibilities / person closely associated 
---  ---------------------------------------------------------------------- 
 a)   Name                             Paul Johnson 
---  -------------------------------  ------------------------------------- 
 2.   Reason for the Notification 
---  ---------------------------------------------------------------------- 
 a)   Position/status                  Director of the Company 
---  -------------------------------  ------------------------------------- 
 b)   Initial notification/amendment   Initial notification 
---  -------------------------------  ------------------------------------- 
 3.   Details of the issuer, emission allowance market 
       participant, auction platform, auctioneer or 
       auction monitor 
---  ---------------------------------------------------------------------- 
 a)   Name                             Papua Mining plc 
---  -------------------------------  ------------------------------------- 
 b)   LEI 
---  -------------------------------  ------------------------------------- 
 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 GBP0.001 each 
       the Financial 
       instrument, type 
       of instrument 
---  -------------------------------  ------------------------------------- 
      Identification                   GB00B42TN250 
       code 
---  -------------------------------  ------------------------------------- 
 b)   Nature of the                    Purchase of ordinary shares 
       Transaction 
---  -------------------------------  ------------------------------------- 
 c)   Price(s) and volume(s)           500,000 shares at 1.37p 
                                        500,000 shares at 1.3942p 
---  -------------------------------  ------------------------------------- 
 d)   Aggregated information           1,000,000 
       Aggregated volume                1.382 pence 
        Price 
---  -------------------------------  ------------------------------------- 
 e)   Date of the transaction          20 October 2017 
---  -------------------------------  ------------------------------------- 
 f)   Place of the transaction         London Stock Exchange, AIM (LON:NGR) 
---  -------------------------------  ------------------------------------- 
 

This information is provided by RNS

The company news service from the London Stock Exchange

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October 20, 2017 10:10 ET (14:10 GMT)