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SHG Shanta Gold Limited

14.75
0.01 (0.07%)
03 May 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Shanta Gold Limited LSE:SHG London Ordinary Share GB00B0CGR828 ORD 0.01P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.01 0.07% 14.75 14.70 14.80 14.78 14.66 14.70 3,867,606 08:00:15
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
Gold Ores 114.06M -2.3M -0.0022 -67.05 155.09M

Shanta Gold Limited Correction - Director/PDMR Shareholding (7033L)

23/04/2018 7:01am

UK Regulatory


Shanta Gold (LSE:SHG)
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TIDMSHG

RNS Number : 7033L

Shanta Gold Limited

23 April 2018

The following amendment has been made to the ' Director/PDMR Shareholding' announcement released on 19 April 2018 at 7.00am under RNS No 3849L.

It was previously stated that the Company had applied for 863,477 Fee Sacrifice Shares to be admitted to trading

on AIM instead of 863,476.   All other details remain unchanged. 

The full amended text is shown below.

23 April 2018

Shanta Gold Limited

("Shanta Gold", "Shanta" or the "Company")

Correction - Director/PDMR Shareholding

Shanta Gold (AIM: SHG), the East Africa-focused gold producer, developer and explorer, announces that, pursuant to the salary/fee sacrifice arrangements entered into on 20 June 2017 under which those directors committed to subscribe for ordinary shares on a quarterly basis for a period of 12 months, Anthony Durrant (Chairman), Ketan Patel (Non-Executive Director), and Keith Marshall (Non-Executive Director), have each subscribed for ordinary shares in the Company by way of fee sacrifice at a price of 6 pence per share. In aggregate, this will result in the issuance of 863,476 ordinary shares in Company (the "Fee Sacrifice Shares").

Application has been made to London Stock Exchange plc ("LSE") for the 863,476 Fee Sacrifice Shares to be admitted to trading on AIM ("Admission"). Admission is expected to occur and dealings in the Fee Sacrifice Shares are expected to commence on the LSE at 8.00 a.m. on or around 24 April 2018.

From Admission, the Company's issued ordinary share capital will comprise 778,048,161 ordinary shares. No ordinary shares are held in treasury. The figure of 778,048,161 may be used by the Company's shareholders as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change to their interest in, the Company under the Financial Conduct Authority's Disclosure Guidance and Transparency Rules.

This announcement is made in accordance with Article 19 of the EU Market Abuse Regulation 596/2014.

Enquiries:

 
 Shanta Gold Limited 
                                 +255 (0) 22 292 
 Eric Zurrin (CEO)                5148 
 Luke Leslie (CFO) 
 Nominated Adviser and Broker 
 Numis Securities Limited 
 Paul Gillam / John Prior /      +44 (0)20 7260 
  James Black                     0000 
 
 Financial Public Relations 
 Tavistock 
 Jos Simson / Charles Vivian     +44 (0)20 7920 
  / Barnaby Hayward               3150 
 

About Shanta Gold

Shanta Gold is an East Africa-focused gold producer, developer and explorer. It currently has defined ore resources on the New Luika and Singida projects in Tanzania and holds exploration licences over a number of additional properties in the country. Shanta's flagship New Luika Gold Mine commenced production in 2012 and produced 79,585 ounces in 2017. For further information please visit: www.shantagold.com.

Notification of transaction by Person Discharging Managerial Responsibilities ("PDMR')

 
 1.   Details of the person discharging managerial 
       responsibilities / person closely associated 
---  --------------------------------------------------------------------------- 
 a.   Name                             Anthony Durrant 
---  -------------------------------  ------------------------------------------ 
 2.   Reason for the notification 
---  --------------------------------------------------------------------------- 
 a.   Position/status                  PDMR 
---  -------------------------------  ------------------------------------------ 
 b.   Initial notification             Initial Notification 
       /Amendment 
---  -------------------------------  ------------------------------------------ 
 3.   Details of the issuer, emission allowance 
       market participant, auction platform, auctioneer 
       or auction monitor 
---  --------------------------------------------------------------------------- 
 a.   Name                             Shanta Gold Limited 
---  -------------------------------  ------------------------------------------ 
 b.   LEI                              2138004VR5BVV1VD7P81 
---  -------------------------------  ------------------------------------------ 
 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                      Ordinary shares of 0.01 pence 
       of the                           each 
       Financial 
       instrument,                      GB00BOC6R828 
       type of instrument 
       Identification 
       code 
---  -------------------------------  ------------------------------------------ 
 b.   Nature of                        Subscription for new ordinary 
       the transaction                  shares as part of salary/fee sacrifice 
                                        arrangement announced to the market 
                                        on 20 June 2017 
---  -------------------------------  ------------------------------------------ 
 c.   Price(s) and                     Price(s)             Volume(s) 
       volume(s) 
                                        GBP0.06              423,888 
---  -------------------------------  -------------------  --------------------- 
 d.        Aggregated 
            information 
             *    Aggregated volume                 423,888 
                                                    GBP25,433.28 
 
             *    Price 
---  -------------------------------  ------------------------------------------ 
 e.   Date of the                      19 April 2018 
       transaction 
---  -------------------------------  ------------------------------------------ 
 f.   Place of the                     Off market 
       transaction 
---  -------------------------------  ------------------------------------------ 
 
 
 5.   Details of the person discharging managerial 
       responsibilities / person closely associated 
---  --------------------------------------------------------------------------- 
 a.   Name                             Ketan Patel 
---  -------------------------------  ------------------------------------------ 
 6.   Reason for the notification 
---  --------------------------------------------------------------------------- 
 a.   Position/status                  PDMR 
---  -------------------------------  ------------------------------------------ 
 b.   Initial notification             Initial Notification 
       /Amendment 
---  -------------------------------  ------------------------------------------ 
 7.   Details of the issuer, emission allowance 
       market participant, auction platform, auctioneer 
       or auction monitor 
---  --------------------------------------------------------------------------- 
 a.   Name                             Shanta Gold Limited 
---  -------------------------------  ------------------------------------------ 
 b.   LEI                              2138004VR5BVV1VD7P81 
---  -------------------------------  ------------------------------------------ 
 8.   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                      Ordinary shares of 0.01 pence 
       of the                           each 
       Financial 
       instrument,                      GB00BOC6R828 
       type of instrument 
       Identification 
       code 
---  -------------------------------  ------------------------------------------ 
 b.   Nature of                        Subscription for new ordinary 
       the transaction                  shares as part of salary/fee sacrifice 
                                        arrangement announced to the market 
                                        on 20 June 2017 
---  -------------------------------  ------------------------------------------ 
 c.   Price(s) and                     Price(s)             Volume(s) 
       volume(s) 
                                        GBP0.06              219,794 
---  -------------------------------  -------------------  --------------------- 
 d.        Aggregated 
            information 
             *    Aggregated volume                 219,794 
                                                    GBP13,187.64 
 
             *    Price 
---  -------------------------------  ------------------------------------------ 
 e.   Date of the                      19 April 2018 
       transaction 
---  -------------------------------  ------------------------------------------ 
 f.   Place of the                     Off market 
       transaction 
---  -------------------------------  ------------------------------------------ 
 
 
 9.    Details of the person discharging managerial 
        responsibilities / person closely associated 
----  --------------------------------------------------------------------------- 
 a.    Name                             Keith Marshall 
----  -------------------------------  ------------------------------------------ 
 10.   Reason for the notification 
----  --------------------------------------------------------------------------- 
 a.    Position/status                  PDMR 
----  -------------------------------  ------------------------------------------ 
 b.    Initial notification             Initial Notification 
        /Amendment 
----  -------------------------------  ------------------------------------------ 
 11.   Details of the issuer, emission allowance 
        market participant, auction platform, auctioneer 
        or auction monitor 
----  --------------------------------------------------------------------------- 
 a.    Name                             Shanta Gold Limited 
----  -------------------------------  ------------------------------------------ 
 b.    LEI                              2138004VR5BVV1VD7P81 
----  -------------------------------  ------------------------------------------ 
 12.   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                      Ordinary shares of 0.01 pence 
        of the                           each 
        Financial 
        instrument,                      GB00BOC6R828 
        type of instrument 
        Identification 
        code 
----  -------------------------------  ------------------------------------------ 
 b.    Nature of                        Subscription for new ordinary 
        the transaction                  shares as part of salary/fee sacrifice 
                                         arrangement announced to the market 
                                         on 20 June 2017 
----  -------------------------------  ------------------------------------------ 
 c.    Price(s) and                     Price(s)             Volume(s) 
        volume(s) 
                                         GBP0.06              219,794 
----  -------------------------------  -------------------  --------------------- 
 d.         Aggregated 
             information 
              *    Aggregated volume                 219,794 
                                                     GBP13,187.64 
 
              *    Price 
----  -------------------------------  ------------------------------------------ 
 e.    Date of the                      19 April 2018 
        transaction 
----  -------------------------------  ------------------------------------------ 
 f.    Place of the                     Off market 
        transaction 
----  -------------------------------  ------------------------------------------ 
 

ENDS

This information is provided by RNS

The company news service from the London Stock Exchange

END

DSHPGURGCUPRPGP

(END) Dow Jones Newswires

April 23, 2018 02:01 ET (06:01 GMT)

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