Shanta Gold Limited Director/PDMR Shareholding (4257Z)

TIDMSHG

RNS Number : 4257Z

Shanta Gold Limited

14 December 2017

Shanta Gold Limited

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

Director/PDMR Shareholding

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

 
 1.   Details of the person discharging managerial 
       responsibilities / person closely associated 
---  ---------------------------------------------------------------- 
 a.   Name                            Robin Fryer 
---  ------------------------------  -------------------------------- 
 2.   Reason for the notification 
---  ---------------------------------------------------------------- 
 a.   Position/status                 Non-Executive Director 
---  ------------------------------  -------------------------------- 
 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                       Sale of shares 
       the transaction 
---  ------------------------------  -------------------------------- 
 c.   Price(s)                        Price(s)          Volume(s) 
       and volume(s) 
                                       4.5 pence         30,000 
---  ------------------------------  ----------------  -------------- 
 d.        Aggregated 
            information 
             *    Aggregated volume 
                                                  30,000 
                                                   4.5 pence 
             *    Price 
---  ------------------------------  -------------------------------- 
 e.   Date of the                     13 December 2017 
       transaction 
---  ------------------------------  -------------------------------- 
 f.   Place of                        London Stock Exchange 
       the transaction 
---  ------------------------------  -------------------------------- 
 

Following the sale, Robin Fryer holds 900,000 ordinary shares in the Company which represents 0.12% of the Company's issued share capital.

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

Enquiries:

 
 Shanta Gold Limited 
                                  [phone] 
 Eric Zurrin (CEO)                 5148 
 Luke Leslie (CFO) 
 Nominated Adviser and Broker 
 Peel Hunt LLP 
 Ross Allister / Chris Burrows    [phone] 
  / James Bavister                 8900 
 
 Financial Public Relations 
 Tavistock 
 Jos Simson / Charles Vivian      [phone] 
  / Barnaby Hayward                3150 
 

About Shanta Gold

Shanta Gold is an East Africa-focused gold producer. It currently has defined ore resources on the New Luika and Singida projects in Tanzania and holds exploration licenses covering approximately 1,500km(2) in the country. Shanta's flagship New Luika Gold Mine commenced production in 2012 and produced 87,714 ounces in 2016. The Company has been admitted to trading on London's AIM and has approximately 769 m shares in issue. For further information please visit: www.shantagold.com.

ENDS

This information is provided by RNS

The company news service from the London Stock Exchange

END

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December 14, 2017 12:02 ET (17:02 GMT)