Director's Dealing • Jun 30, 2021
Director's Dealing
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RNS Number : 5602D
Anglo Pacific Group PLC
30 June 2021
News Release
30 June 2021
Anglo Pacific Group PLC
Director Share Dealings in Company
Anglo Pacific Group PLC ("Anglo Pacific", the "Company") (LSE: APF, TSX: APY) announces that it received notification of the following transactions by Mr. Julian Treger, Chief Executive Officer of the Company and Kings Chapel International Limited, a Person Closely Associated ("PCA") with Mr. Treger.
On 25 June 2021, Kings Chapel International Limited, sold 300,000 ordinary shares of 2 pence each in the Company ("Shares") at an average approximate price of 140.00p per share. This transaction formed part of the rebalancing of Kings Chapel International Limited's portfolio. On 29 June 2021, Kings Chapel International Limited, sold a further 200,000 Shares at an average approximate price of 141.00p per share. Mr. Treger has indicated to the Board that it is his intention to retain at least 75% of his pre-existing beneficial holding of Shares.
On 29 June 2021, Mr. Treger via his pension fund acquired 35,000 Shares at an approximate price of 141.81p per share.
Mr. Treger and his PCAs have made a significant investment in Shares of the Company since Mr. Treger became Chief Executive Officer in October 2013. In total, prior to this announcement, Mr. Treger and persons closely associated with him have invested approximately £4.5m acquiring Shares in the Company. These Shares had all been acquired on the London Stock Exchange at market price and not under any option package.
Following this notification, the total beneficial holding of Shares by Mr. Treger and persons closely associated with him is 4,274,951 Shares, representing 2.00% of the issued ordinary share capital of the Company.
The transactions took place on the London Stock Exchange.
Directors' Share Dealings - Further information
The notifications below, made in accordance with the requirements of the UK version of the Market Abuse Regulation (596/2014/EU)[1], provides further detail in respect of the transactions as described at the beginning of this announcement.
1.
Details of the person discharging managerial responsibilities / person closely associated
a.
Name
Kings Chapel International Limited
2.
Reason for the notification
a.
Position/status
Person closely associated with Mr. Julian Treger, Chief Executive Officer of Anglo Pacific Group PLC
b.
Initial notification/Amendment
Initial Notification
3.
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a.
Name
Anglo Pacific Group PLC
b.
Legal Entity Identifier code
213800LXSV317746JZ71
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
2p Ordinary Shares
GB0006449366
b.
Nature of the transaction
Sale of Shares
c.
Price(s) and volume(s)
| Price(s) | Volume(s) |
| 140.00p | 300,000 |
d.
Aggregated information
· Aggregated volume
· Price
300,000
140.00p
e.
Date of the transaction
25 June 2021
f.
Place of the transaction
London Stock Exchange, Main Market (XLON)
1.
Details of the person discharging managerial responsibilities / person closely associated
a.
Name
Kings Chapel International Limited
2.
Reason for the notification
a.
Position/status
Person closely associated with Mr. Julian Treger, Chief Executive Officer of Anglo Pacific Group PLC
b.
Initial notification/Amendment
Initial Notification
3.
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a.
Name
Anglo Pacific Group PLC
b.
Legal Entity Identifier code
213800LXSV317746JZ71
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
2p Ordinary Shares
GB0006449366
b.
Nature of the transaction
Sale of Shares
c.
Price(s) and volume(s)
| Price(s) | Volume(s) |
| 141.00p | 200,000 |
d.
Aggregated information
· Aggregated volume
· Price
200,000
141.00p
e.
Date of the transaction
29 June 2021
f.
Place of the transaction
London Stock Exchange, Main Market (XLON)
1.
Details of the person discharging managerial responsibilities / person closely associated
a.
Name
Julian Treger
2.
Reason for the notification
a.
Position/status
Chief Executive Officer of Anglo Pacific Group PLC
b.
Initial notification/Amendment
Initial Notification
3.
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a.
Name
Anglo Pacific Group PLC
b.
Legal Entity Identifier code
213800LXSV317746JZ71
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
2p Ordinary Shares
GB0006449366
b.
Nature of the transaction
Acquisition of Shares
c.
Price(s) and volume(s)
| Price(s) | Volume(s) |
| 141.8142p | 35,000 |
d.
Aggregated information
· Aggregated volume
· Price
35,000
141.8142p
e.
Date of the transaction
29 June 2021
f.
Place of the transaction
London Stock Exchange, Main Market (XLON)
For further information:
| Anglo Pacific Group PLC | +44 (0) 20 3435 7400 |
| Julian Treger - Chief Executive Officer Kevin Flynn - Chief Financial Officer |
|
| Website: | www.anglopacificgroup.com |
| Berenberg | +44 (0) 20 3207 7800 |
| Matthew Armitt / Jennifer Wyllie / Detlir Elezi | |
| Peel Hunt LLP | +44 (0) 20 7418 8900 |
| Ross Allister / Alexander Allen / David McKeown | |
| RBC Capital Markets | +44 (0) 20 7653 4000 |
| Farid Dadashev / Marcus Jackson / Jamil Miah | |
| Capital Market Communications Limited (Camarco) | +44 (0)20 3757 4997 |
| Gordon Poole / Owen Roberts / James Crothers |
Notes to Editors
About the Company
Anglo Pacific Group PLC is a global natural resources royalty and streaming company. The Company's strategy is to become a leading natural resources company through investing in high quality projects in preferred jurisdictions with trusted counterparties, underpinned by strong ESG principles. It is a continuing policy of the Company to pay a substantial portion of these royalties and streams to shareholders as dividends.
[1]This is part of UK law by virtue of the European Union Withdrawal Act 2018.
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