METALNRG PLC

Director's Dealing • Aug 15, 2019

National Storage Mechanism | Additional information

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RNS Number : 1083J

MetalNRG PLC

15 August 2019

15 August 2019

MetalNRG plc

("MetalNRG" or the "Company")

Issue of Equity and Director's Shareholding

MetalNRG (LON:MNRG), the natural resource investing company, today announces that, pursuant to the terms of a service agreement entered into between the Company and Rolf Gerritsen, MetalNRG's CEO, the Company has issued and allotted a bonus award of 2,500,000 ordinary shares of 0.01p each (the "New Shares") to Rolf Gerritsen at a price of 0.3p per share being the average mid-market price in the 5 business days prior to 7 August 2019.

Following the issue of the New Shares, Rolf Gerritsen's shareholding is as follows:

Director	Ordinary Shares prior to the issue of New Shares	% of ISC	New   Shares issued	Ordinary Shares post issue of New Shares	% of ISC
Rolf Gerritsen	6,650,000	2.23%	2,500,000	9,150,000	3.05%

Issue of Equity

The New Shares are expected to be admitted to trading on the Main Market of the London Stock Exchange on or around 20 August 2019.

Total Voting Rights

For the purposes of the Financial Conduct Authority's Disclosure and Transparency Rules ("DTRs"), following the issue of the New Shares referred to above, the issued ordinary share capital of MetalNRG will consist of 300,202,306  ordinary shares with voting rights attached (one vote per share). There are no shares held in treasury.  This total voting rights figure may be used by shareholders as the denominator for the calculation by which they will determine whether they are required to notify their interest in, or a change to their interest in, MetalNRG under the DTRs.

The information set out below is provided in accordance with the requirements of Article 19(3) of the EU Market Abuse Regulation No 596/2014:

1.

Details of PDMR / person closely associated

a)

Name

Rolf Gerritsen

2.

Reason for the notification

a)

Position / status

Chief Executive Officer

b)

Initial notification /amendment

Initial notification

3.

Details of the issuer

a)

Name

MetalNRG plc

b)

LEI

2138003C24H79U5QZH21

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 instrument

Ordinary Shares of nominal value 0.01 pence each

b)

Identification code of the Financial Instrument

ISIN for MetalNRG plc: GB00B15FS791

c)

Nature of the transaction

Issue of Ordinary Shares in MetalNRG plc as a bonus award pursuant to the terms of a service contract

d)

Price(s) and volume(s)

Price(s)	Volume(s)
i. £0.003	2,500,000

e)

Aggregated information

-     Aggregated volume

-     Price

N/A

f)

Date of the transaction

7 August 2019

g)

Place of the transaction

XLON  

The Directors of the Company accept responsibility for the contents of this announcement.

END

Contact details:

MetalNRG PLC Christopher Latilla-Campbell	+44 (0) 20 7796 9060
Corporate Adviser PETERHOUSE CAPITAL LIMITED Guy Miller/Mark Anwyl	+44 (0) 20 7469 0930
Corporate Broker SI CAPITAL Nick Emerson	+44 (0) 1483 413500

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 rns@lseg.com or visit www.rns.com.

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