AI assistant
CADENCE MINERALS PLC Director's Dealing 2020
7538_dirs_2020-11-04_2c52777e-44ac-42da-ab3e-1a1becd0ae09.html
Director's Dealing
Open in viewerOpens in your device viewer
National Storage Mechanism | Additional information 
RNS Number : 2393E
Cadence Minerals PLC
04 November 2020
Cadence Minerals Plc
("Cadence Minerals", "Cadence" or "the Company")
Director Share Purchases and Exercise of Options
Cadence (AIM:KDNC), the mining investment company, announces that on the 3 November the following directors purchased ordinary shares in the Company.
| Director | Position | Number of ordinary shares acquired | Price paid per share (£) |
| Kiran Morzaria | Director & CEO | 247,688 | 0.12 |
| Donald Strang | Finance Director | 212,000 | 0.12 |
| Adrian Fairbourn | Non-Executive Director | 50,000 | 0.12 |
In addition to the Adrian Fairbourn has exercised option over 200,000 new ordinary shares ("Ordinary Shares") at exercise price of £0.06 per share. Application has been made to the on the AIM market ("AIM") of London Stock Exchange plc ("LSE") and to the AQSE Growth Market ("AQSE") operated by Aquis Exchange Plc for the Ordinary Shares ("Admission"). Admission is expected to occur on or around 12 November 2020.
Following Admission, the Company will have 144,719,053 Ordinary Shares in issue. There are no shares held in treasury. The total voting rights in the Company is therefore 144,719,053 and Shareholders may use this figure as the denominator by which they are required to notify their interest in, or change to their interest in, the Company under the Disclosure Guidance and Transparency Rules.
After these acquisitions, the total notifiable share interest in the Company for the directors is as follows
| Director | Position | Total holding of ordinary shares |
| Kiran Morzaria | Director & CEO | 1,112,000 |
| Donald Strang | Finance Director | 797,545 |
| Andrew Suckling | Non-Executive Director | 64,096 |
| Adrian Fairbourn | Non-Executive Director | 386,005 |
- Ends -
| For further information: | |
| Cadence Minerals plc | +44 (0) 7879 584153 |
| Andrew Suckling | |
| Kiran Morzaria | |
| WH Ireland Limited (NOMAD & Broker) | +44 (0) 207 220 1666 |
| James Joyce | |
| James Sinclair-Ford | |
| 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
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
Share Purchase
c)
Price(s) and volume(s)
| Price(s) | Volume(s) |
| 0.12 | 247,688 |
d)
Aggregated information
- Aggregated volume
- Price
247,688
0.12
e)
Date of the transaction
03/11/2020
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
Share Purchase
c)
Price(s) and volume(s)
| Price(s) | Volume(s) |
| 0.12 | 212,000 |
d)
Aggregated information
- Aggregated volume
- Price
212,000
0.12
e)
Date of the transaction
03/11/2020
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
Share Purchase
c)
Price(s) and volume(s)
| Price(s) | Volume(s) |
| 0.12 | 50,000 |
d)
Aggregated information
- Aggregated volume
- Price
50,000
0.12
e)
Date of the transaction
03/11/2020
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
Exercise of Options
c)
Price(s) and volume(s)
| Price(s) | Volume(s) |
| 0.06 | 200,000 |
d)
Aggregated information
- Aggregated volume
- Price
200,000
0.06
e)
Date of the transaction
03/11/2020
f)
Place of the transaction
XLON, AIM
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 [email protected] or visit www.rns.com.
RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.
END
DSHEAEFLEFKEFFA