CADENCE MINERALS PLC — Director's Dealing 2019

Jan 8, 2019

National Storage Mechanism | Additional information

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RNS Number : 5249M

Cadence Minerals PLC

08 January 2019

Cadence Minerals Plc

("Cadence Minerals", "Cadence" or "the Company")

Director Share Purchases

As announced in December 2017 the Directors all entered into a Defined Director Purchase Programme ("DDPP") in which they will each purchase £1,000 of ordinary shares per month for 12 months. These shares will be purchased from the market on the first Friday of each month starting on 2nd February 2018 and ending the 4th January 2019. The market will be notified of the purchases on the next trading day via a PDMR; Directors dealing notification.

The Directors have entered into a DDPP in an open period and under this programme are therefore committed to the purchase of shares in what otherwise may be a close period. Entering into the DDPP does not preclude the directors from buying additional shares in the Company during open periods.

Details of the Director purchases are contained in the table below.

Director	Position	Number of ordinary shares acquired	Price paid per share (pence)
Andrew Suckling	Non-Executive Chairman	830,743	0.12
Kiran Morzaria	Director & CEO	830,744	0.12
Donald Strang	Finance Director	800,000	0.13
Adrian Fairbourn	Non-Executive Director	1,666,667	0.12

After these acquisitions, the total notifiable share interest in the Company for the directors is as follows

Director	Position
Andrew Suckling	Non-Executive Chairman	6,409,644
Kiran Morzaria	Director & CEO	15,502,604
Donald Strang	Finance Director	13,100,000
Adrian Fairbourn	Non-Executive Director	13,600,539
Total		48,612,787

For further information:

Cadence Minerals plc	+44 (0) 207 440 0647
Andrew Suckling
Kiran Morzaria
WH Ireland Limited (NOMAD & Broker)	+44 (0) 207 220 1666
James Joyce
James Sinclair-Ford
Hannam & Partners LLP (Joint Broker)	+44 (0) 207 907 8500
Neil Passmore
Ingo Hofmaier
Novum Securities Limited (Joint Broker)	+44 (0) 207 399 9400
Jon Belliss

NOTIFICATION AND PUBLIC DISCLOSURE OF TRANSACTIONS BY PERSONS DISCHARGING MANAGERIAL RESPONSIBILITIES AND PERSONS CLOSELY ASSOCIATED WITH THEM

1

Details of the person discharging managerial responsibilities/person closely associated

a)

Name

Andrew Suckling

2

Reason for the notification

a)

Position/status

Non-Executive Chairman

b)

Initial notification/ Amendment

Initial notification

3

Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor

a)

Name

Cadence Minerals PLC

b)

LEI

213800TUZWG9C2GRNO58

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, type of instrument

Identification code

Ordinary Share

GB00B067JC96

b)

Nature of the transaction

Defined Directors Share Purchase Programme

c)

Price(s) and volume(s)

Price(s)	Volume(s)
0.0012	830,743

d)

Aggregated information

-      Aggregated volume

-      Price

830,743

0.0012

e)

Date of the transaction

07/01/2019

f)

Place of the transaction

XLON, AIM

1

Details of the person discharging managerial responsibilities/person closely associated

a)

Name

Kiran Morzaria

2

Reason for the notification

a)

Position/status

Director & CEO

b)

Initial notification/ Amendment

Initial notification

3

Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor

a)

Name

Cadence Minerals PLC

b)

LEI

213800TUZWG9C2GRNO58

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, type of instrument

Identification code

Ordinary Share

GB00B067JC96

b)

Nature of the transaction

Defined Directors Share Purchase Programme

c)

Price(s) and volume(s)

Price(s)	Volume(s)
0.0012	830,744

d)

Aggregated information

-      Aggregated volume

-      Price

830,744

0.0012

e)

Date of the transaction

07/01/2019

f)

Place of the transaction

XLON, AIM

1

Details of the person discharging managerial responsibilities/person closely associated

a)

Name

Donald Strang

2

Reason for the notification

a)

Position/status

Finance Director

b)

Initial notification/ Amendment

Initial notification

3

Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor

a)

Name

Cadence Minerals PLC

b)

LEI

213800TUZWG9C2GRNO58

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, type of instrument

Identification code

Ordinary Share

GB00B067JC96

b)

Nature of the transaction

Defined Directors Share Purchase Programme

c)

Price(s) and volume(s)

Price(s)	Volume(s)
0.0013	800,000

d)

Aggregated information

-      Aggregated volume

-      Price

800,000

0.0013

e)

Date of the transaction

05/01/2019

f)

Place of the transaction

XLON, AIM

1

Details of the person discharging managerial responsibilities/person closely associated

a)

Name

Adrian Fairbourn

2

Reason for the notification

a)

Position/status

Non-Executive Director

b)

Initial notification/ Amendment

Initial notification

3

Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor

a)

Name

Cadence Minerals PLC

b)

LEI

213800TUZWG9C2GRNO58

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, type of instrument

Identification code

Ordinary Share

GB00B067JC96

b)

Nature of the transaction

Defined Directors Share Purchase Programme

c)

Price(s) and volume(s)

Price(s)	Volume(s)
0.0012	1,666,667

d)

Aggregated information

-      Aggregated volume

-      Price

1,666,667

0.0012

e)

Date of the transaction

04/01/2019

f)

Place of the transaction

XLON, AIM

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