Shanta Gold Limited Director/PDMR Shareholding (5501K)

TIDMSHG

RNS Number : 5501K

Shanta Gold Limited

14 December 2018

14 December 2018

Shanta Gold Limited

("Shanta Gold" 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 of                         Ordinary shares of 0.01 pence each 
                  the 
                  Financial instrument,                  GB00BOC6R828 
                  type of instrument 
                  Identification 
                  code 
                -------------------------------------  ------------------------------------- 
            b.   Nature of the                          Sale of shares 
                  transaction 
                -------------------------------------  ------------------------------------- 
            c.   Price(s) and volume(s)                 Price(s)             Volume(s) 
                                                         GBP0.0431            60,000 
                -------------------------------------  -------------------  ---------------- 
            d.        Aggregated information 
                        *    Aggregated volume 
                                                                     60,000 
                                                                     GBP2,586.00 
                        *    Price 
                -------------------------------------  ------------------------------------- 
            e.   Date of the transaction                12 December 2018 
                -------------------------------------  ------------------------------------- 
            f.   Place of the transaction               London Stock Exchange 
                -------------------------------------  ------------------------------------- 
 

Following the sale, Robin Fryer holds 840,000 ordinary shares in the Company which represents 0.11% 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 
 Eric Zurrin (CEO)                            [phone] 
 Luke Leslie (CFO) 
 
 Nominated Adviser and Broker 
 Numis Securities Limited 
                                              + 44 (0) 20 7260 
 Paul Gillam / John Prior / James Black        0000 
 
 Financial Public Relations 
 Tavistock 
 Charles Vivian / Barnaby Hayward / Gareth 
  Tredway                                     [phone] 
 

About Shanta Gold Limited

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 79,585 ounces in 2017. The Company has been admitted to trading on London's AIM and has approximately 779 million shares in issue. For further information please visit: www.shantagold.com.

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 [e-mail] or visit www.rns.com.

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December 14, 2018 10:00 ET (15:00 GMT)