Share Name Share Symbol Market Type Share ISIN Share Description
Power Metal Resources Plc LSE:POW London Ordinary Share GB00BYWJZ743 ORD 0.1P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.10 3.57% 2.90 2.80 2.90 2.85 2.75 2.75 5,667,182 16:35:03
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Mining 0.0 -1.6 -0.5 - 31

Power Metal Resources PLC Director Dealing

25/11/2020 10:25am

UK Regulatory (RNS & others)

Power Metal Resources (LSE:POW)
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RNS Number : 4783G

Power Metal Resources PLC

25 November 2020

25 November 2020

Power Metal Resources plc ("Power Metal" or the "Company")

Director Dealing

Power Metal Resources plc (LON:POW) the AIM listed metals exploration and development company was notified that today Paul Johnson, Chief Executive Officer of the Company, purchased on market 1,000,000 ordinary shares of 0.1 pence each in the Company ("Ordinary Shares") at a price of 1.78p per Ordinary Share through his Self-Invested Personal Pension ("SIPP")(GBP17,800 invested).

Following the above purchase Mr Johnson has a beneficial interest in a total of 61,500,000 Ordinary Shares, representing approximately 7.12% of the issued share capital of the Company.

PDMR Disclosure

The notifications below, made in accordance with the requirements of the EU Market Abuse Regulation, provide further detail on the director's share dealing.

 1     Details of the person discharging managerial responsibilities 
        / person closely associated 
 a)    Name 
                                                1. Paul Johnson 
      -------------------------------------  ----------------------------------------- 
 2     Reason for the notification 
 a)    Position/status 
                                                     1. 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 
                                                Power Metal Resources 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 the financial           ordinary shares of 0.1p each 
        instrument, type of 
       Identification code                    ISIN: GB00BYWJZ743 
 b)    Nature of the transaction 
                                                     1. Purchase of shares 
      -------------------------------------  ----------------------------------------- 
 c)    Price(s) and volume(s) 
                                             --------------------  ----------------- 
                                              Price(s)              Volume(s) 
                                             --------------------  ----------------- 
                                              1.78 pence            1,000,000 
                                             --------------------  ----------------- 
 d)    Aggregated information 
       - Aggregated volume                    1,000,000 
  - Price                                     1.78 pence 
 e)    Date of the transaction                25 November 2020 
      -------------------------------------  ----------------------------------------- 
 f)    Place of the transaction               XLON 
      -------------------------------------  ----------------------------------------- 


Certain information contained in this announcement would have been deemed inside information for the purposes of Article 7 of Regulation (EU) No 596/2014 until the release of this announcement.

For further information please visit or contact:

Power Metal Resources plc 
Paul Johnson (Chief Executive Officer)                +44 (0) 7766 465 617 
SP Angel Corporate Finance (Nomad and Joint Broker) 
Ewan Leggat/Charlie Bouverat                          +44 (0) 20 3470 0470 
SI Capital Limited (Joint Broker) 
Nick Emerson                                          +44 (0) 1483 413 500 
First Equity Limited (Joint Broker) 
David Cockbill/Jason Robertson                        +44 (0) 20 7330 1883 

Notes to Editors:

P ower Metal Resources plc (LON:POW) is an AIM listed metals exploration and development company seeking a large scale metal discovery.

The Company has a global portfolio of project interests including precious metals exploration in North America and Australia together with base metal exploration in Africa. Project interests range from early stage greenfield exploration to later stage prospects currently subject to drill programmes.

The Board and its team of advisors have expertise in project generation, exploration and development and have identified an opportunity to utilise the Company's position to become a leader in the London market for investors wishing to gain exposure to proactive global metals exploration.

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 or visit

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.



(END) Dow Jones Newswires

November 25, 2020 05:25 ET (10:25 GMT)

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