CADENCE MINERALS PLC — Director's Dealing 2022

Apr 11, 2022

National Storage Mechanism | Additional information

RNS Number : 9680H

Cadence Minerals PLC

11 April 2022

Cadence Minerals Plc

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

Director Share Purchases

Cadence (AIM:KDNC), the mining investment company, announces that on the 8 April the following director purchased ordinary shares in the Company.

Director	Position	Number of ordinary shares acquired	Price paid per share (£)
Kiran Morzaria	Director & CEO	54,422	0.1837

After this acquisition and the transfer of the Employee Benefit Trust ("EBT") shares under the 2021 share incentive scheme which vested and were announced on the 30 June 2021 and 14 January 2022 , 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	1,326,422
Donald Strang	Finance Director	957,545
Andrew Suckling	Non-Executive Chairman	381,602
Adrian Fairbourn	Non-Executive Director	731,005

- 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
Darshan Patel
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, Share Incentive Scheme

c)

Price(s) and volume(s)

Price(s)	Volume(s)
0.1837	54,422
0.183	160,000

d)

Aggregated information

-      Aggregated volume

-      Price

214,422

0.1831

e)

Date of the transaction

08/04/2022

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 Incentive Scheme

c)

Price(s) and volume(s)

Price(s)	Volume(s)
0.183	160,000

d)

Aggregated information

-      Aggregated volume

-      Price

160,000

0.183

e)

Date of the transaction

08/04/2022

f)

Place of the transaction

XLON, AIM

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

Share Incentive Scheme

c)

Price(s) and volume(s)

Price(s)	Volume(s)
0.183	160,000

d)

Aggregated information

-      Aggregated volume

-      Price

160,000

0.183

e)

Date of the transaction

08/04/2022

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 Incentive Scheme

c)

Price(s) and volume(s)

Price(s)	Volume(s)
0.183	160,000

d)

Aggregated information

-      Aggregated volume

-      Price

160,000

0.183

e)

Date of the transaction

08/04/2022

f)

Place of the transaction

XLON, AIM

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