Rainbow Rare Earths Limited Director/PDMR Shareholding (8944O)

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RNS Number : 8944O

Rainbow Rare Earths Limited

01 February 2019

1 February 2019

Rainbow Rare Earths Limited

("Rainbow" or the "Company")

Director/PDMR Shareholding

The Company announces that Victoria Lowrie, spouse of Alex Lowrie, a Non-executive Director of the Company, has on 31 January 2019 effected a share transaction, the purpose of which was to transfer shares previously held in a general share account into her share ISA.

The net effect of this transaction leaves her overall shareholding unchanged.

For further information, please contact:

 
 Rainbow Rare Earths Ltd   Martin Eales      Tel: [phone] 
                                              4550 
 Arden Partners plc        Paul Shackleton   Tel: [phone] 
                            Benjamin Cryer    5900 
                          ----------------  --------------------- 
 St Brides Partners Ltd    Isabel de Salis   Tel: [phone] 
                            Susie Geliher     1177 
                          ----------------  --------------------- 
 
 
 1.        Details of the person discharging managerial responsibilities 
            / person closely associated 
      a)   Name                                  Victoria Lowrie - spouse 
                                                  of Alex Lowrie 
          ------------------------------------  -------------------------------- 
 2.        Reason for the notification 
          ---------------------------------------------------------------------- 
      a)   Position/status                       Non-executive Director 
          ------------------------------------  -------------------------------- 
      b)   Initial notification/Amendment        Initial notification 
          ------------------------------------  -------------------------------- 
 3.        Details of the issuer, emission allowance market participant, 
            auction platform, auctioneer or auction monitor 
          ---------------------------------------------------------------------- 
      a)   Name                                  Rainbow Rare Earths Limited 
          ------------------------------------  -------------------------------- 
      b)   LEI                                   213800HONYSAXTG6KS11 
          ------------------------------------  -------------------------------- 
 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 No Par 
              instrument, type of instrument      Value 
                   Identification code            GG00BD59ZW98 
          ------------------------------------  -------------------------------- 
      b)   Nature of the transaction             Disposal and Purchase of 
                                                  Shares of No Par Value 
          ------------------------------------  -------------------------------- 
      c)   Price(s) and volume(s)                Price(s)    Volume(s) 
          ------------------------------------  ----------  -------------------- 
                                                 GBP0.0350   750,000 - Disposed 
          ------------------------------------  ----------  -------------------- 
                                                 GBP0.0351   750,000 - Purchased 
          ------------------------------------  ----------  -------------------- 
      d)              Aggregated information      As above 
 
                        *    Aggregated volume 
 
 
                        *    Price 
          ------------------------------------  -------------------------------- 
      e)   Date of the transaction               2019-01-31 
          ------------------------------------  -------------------------------- 
      f)   Place of the transaction              Outside of a trading venue 
          ------------------------------------  -------------------------------- 
 

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February 01, 2019 11:26 ET (16:26 GMT)