Rainbow Rare Earths Limited Director/PDMR Shareholding (3230G)

TIDMRBW

RNS Number : 3230G

Rainbow Rare Earths Limited

22 July 2019

22 July 2019

Rainbow Rare Earths Limited

("Rainbow" or the "Company")

Director/PDMR Shareholding

The Company announces that on 19 July 2019 Martin Eales (CEO) effected a share transaction, the purpose of which was to transfer shares already held into his share ISA.

The net effect of these transactions leaves his overall shareholding unchanged.

For further information, please contact:

 
 Rainbow Rare Earths Ltd   Martin Eales       Tel: +44 (0) 20 
                                               3910 4550 
 Arden Partners plc        Paul Shackleton    Tel: +44 (0) 20 
                            Benjamin Cryer     7614 5900 
                          -----------------  ---------------- 
 St Brides Partners Ltd    Priit Piip         Tel: +44 (0) 20 
                            Isabel de Salis    7236 1177 
                          -----------------  ---------------- 
 
 
 1.        Details of the person discharging managerial responsibilities 
            / person closely associated 
      a)   Name                                  Martin Eales 
          ------------------------------------  -------------------------------- 
 2.        Reason for the notification 
          ---------------------------------------------------------------------- 
      a)   Position/status                       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                                  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) 
          ------------------------------------  ----------  -------------------- 
                                                 GBP0.0285   701,351 - Disposed 
          ------------------------------------  ----------  -------------------- 
                                                 GBP0.0285   701,351 - Purchased 
          ------------------------------------  ----------  -------------------- 
      d)              Aggregated information 
 
                        *    Aggregated volume     As above 
 
 
                        *    Price 
          ------------------------------------  -------------------------------- 
      e)   Date of the transaction               2019-07-19 
          ------------------------------------  -------------------------------- 
      f)   Place of the transaction              Outside of a trading venue 
          ------------------------------------  -------------------------------- 
 

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July 22, 2019 10:45 ET (14:45 GMT)