BISICHI PLC

Share Issue/Capital Change • Feb 7, 2018

National Storage Mechanism | Additional information

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BISICHI MINING - Director/PDMR Shareholding

PR Newswire

London, February 6

7 February 2018

London,

FOR IMMEDIATE RELEASE

Bisichi Mining plc

(“Bisichi” or the “Company”)

Director/PDMR Shareholding

Bisichi Mining plc announces the grant of options over ordinary shares in the Company of 10 pence (the “Options”) to the following directors of the Company, under the Company’s Unapproved Executive Share Option Scheme 2012 (“the Scheme”), as set out below:

Name of director           Date of grant           Number of Options          Exercise price

Andrew Heller                       6 February 2018           150,000                                £0.7350 per share

Garrett Casey                       6 February 2018           230,000                                £0.7350 per share

The above Options are subject to the terms and conditions set out in the rules of the Scheme, and subject to the memorandum and articles of association of the Company. These Options are exercisable at any time during the next 10 years from the date of grant stated above. No consideration has been paid for the granting of these Options.

In addition, the Company announces that on the 5 February 2018 it entered into an agreement with Garrett Casey, a Director of Bisichi, to surrender 80,000 Options which were granted on 31 August 2010. The exercise price of the Options surrendered was 202.05p. The aggregate consideration paid by the Company to effect the cancellation was £1.

The notifications  below, made in accordance with the requirements of the EU Market Abuse Regulation, provides further details of the above transactions:   

1.               Details of the person discharging managerial responsibilities/person closely associated(a)             Name1)          Andrew Heller

2)          Garrett Casey2.               Reason for the notification(a)             Position/status1)          Managing Director, Bisichi Mining plc (PDMR)

2)          Finance Director, Bisichi Mining plc (PDMR)(b)             Initial notification/ AmendmentInitial Notification3.               Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor(a)             NameBisichi Mining plc(b)             LEI213800RRWN6ZBPW2ZV034.               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, type of instrumentOptions over ordinary shares of 10 pence each in the CompanyIdentification codeISIN: GB0001012045(b)             Nature of the transactionGrant of options with an exercise price of 73.50p under the Bisichi Mining plc 2012 Share option scheme.(c)             Price(s) and volume (s)

Name	Price(s)	Volume(s)
Andrew Heller	1)   73.50p	150,000
Garrett Casey	2)   73.50p	230,000

(d)Aggregated information

- Aggregated volume

- PriceAs stated above.(e)Date of the transaction6 February 2018(f)Place of the transactionOutside a trading venue

1.               Details of the person discharging managerial responsibilities/person closely associated(a)             NameGarrett Casey2.               Reason for the notification(a)             Position/statusFinance Director, Bisichi Mining plc (PDMR)(b)             Initial notification/ AmendmentInitial Notification3.               Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor(a)             NameBisichi Mining plc(b)             LEI213800RRWN6ZBPW2ZV034.               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, type of instrumentOptions over ordinary shares of 10 pence each in the CompanyIdentification codeISIN: GB0001012045(b)             Nature of the transactionSurrender of 80,000 options, with an exercise price of 202.05p issued by Bisichi Mining plc on 31 August 2010, for an aggregate consideration of £1.(c)             Price(s) and volume (s)

Price(s)	Volume(s)
£1	80,000

(d)Aggregated information

- Aggregated volume

- Price

80,000

£1(e)Date of the transaction5 February 2018(f)Place of the transactionOutside a trading venue

Garrett Casey, Company Secretary

Telephone number: 020 7415 5030

7 February 2018