Thor Mining PLC Director/PDMR Shareholding (0456F)

TIDMTHR

RNS Number : 0456F

Thor Mining PLC

15 February 2018

Thursday, 15 February 2018

THOR MINING PLC

("Thor" or the "Company")

Director/PDMR Shareholding

The Company was informed today, 15 February 2018, by Paul Johnson that Value Generation Limited, in which Paul Johnson and his wife, Michelle Johnson each have a 50% interest, has today acquired 250,000 ordinary shares of 0.01 pence each in the capital of the Company ("Ordinary Shares") at a price of 3.25 pence each.

Following the above mentioned acquisition, Paul Johnson and his closely associated persons are beneficially interested in 32,500,000 Ordinary Shares, representing 5.03 per cent of the issued share capital of the Company.

The notification below, made in accordance with the requirements of the EU Market Abuse Regulation, provides further detail.

Enquiries:

 
Mick Billing        [phone]    Thor Mining PLC    Executive Chairman 
Ray Ridge           [phone]    Thor Mining PLC    CFO/Company 
                                                             Secretary 
Colin Aaronson/    [phone]  Grant Thornton UK  Nominated Adviser 
 Richard Tonthat                          LLP 
Nick Emerson         [phone]    SI Capital Ltd     Broker 
                            500 
Tim Blythe/        [phone]  Blytheweigh        Financial PR 
 Camilla Horsfall 
 

Updates on the Company's activities are regularly posted on Thor's website www.thormining.com, which includes a facility to register to receive these updates by email, and on the Company's twitter page @ThorMining.

Notification of Transactions of Persons Discharging Managerial Responsibility and Persons Closely Associated with them

 
 1     Details of the person discharging managerial responsibilities 
        / person closely associated 
 a)    Name                                   Paul Johnson 
 
 
                                               Details of legal persons: 
 
                                               Value Generation Limited, a company 
                                               50% owned by Mr P Johnson and 50% 
                                               owned by Mrs M Johnson (spouse). 
      -------------------------------------  ------------------------------------------- 
 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                                   Thor Mining Plc 
      -------------------------------------  ------------------------------------------- 
 b)    LEI                                    213800WO61Y9GPALD478 
      -------------------------------------  ------------------------------------------- 
 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                     Ordinary shares of 0.01 pence each 
        financial instrument, 
        type of instrument 
 
       Identification code                    GB00BD0NBV71 
 
 b)    Nature of the transaction              Purchase of shares 
      -------------------------------------  ------------------------------------------- 
 c)    Price(s) and volume(s) 
                                              ----------------------  ---------------- 
                                               Price(s)                Volume(s) 
                                              ----------------------  ---------------- 
    3.25 pence                                                         250,000 
   -----------------------------------------------------------------  ---------------- 
 
 d)    Aggregated information 
 
  - Aggregated volume                    Aggregate volume: 250,000 
                                          Aggregate price: 3.25 pence 
                                          Aggregate total: GBP8,125.00 
 
  - Price 
 
 e)    Date of the transaction                15 February 2017 
      -------------------------------------  ------------------------------------------- 
 f)    Place of the transaction               London Stock Exchange's AIM Market 
      -------------------------------------  ------------------------------------------- 
 

This information is provided by RNS

The company news service from the London Stock Exchange

END

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February 15, 2018 09:52 ET (14:52 GMT)