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GALILEO RESOURCES PLC — Director's Dealing 2024
Apr 23, 2024
7657_dirs_2024-04-23_e3ef9c9a-1e7b-48fc-85ac-073c1ef724fe.html
Director's Dealing
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RNS Number : 7530L
Galileo Resources PLC
23 April 2024

23 April 2024
Galileo Resources Plc
("Galileo" or the "Company")
Director dealings
Galileo, the exploration and development mining company, announces that it was informed on 22 April 2024 that on the same date, Colin Bird, Executive Chairman of Galileo and Richard Wollenberg, Non-Executive Director acquired 850,000 Ordinary Shares of 0.1p in the Company ("Ordinary Shares") at a price of 1.2p per share and 250,000 Ordinary Shares of 0.1p at a price of 1.25p respectively. Following this transaction, Colin Bird is interested in 79,455,862 Ordinary Shares representing 6.83% of the issued share capital and Richard Wollenberg is interested in 13,825,511 Ordinary Shares representing 1.19% of the issued share capital.
Following the acquisition of the shares, Colin Bird's and Richard Wollenberg's interest in Galileo is as follows:
| Director | Purchase price of Shares | Shares purchased | Total Shareholding following the purchase of Shares | % Shareholding in the issued share capital |
| Colin Bird | 1.2p | 850,000 | 79,455,862 | 6.83% |
| Richard Wollenberg | 1.25p | 250,000 | 13,825,511 | 1.19% |
A copy of this announcement is available on the Company's website www.galileoresources.com .
You can also follow Galileo on Twitter: @GalileoResource.
You can also follow Galileo on Twitter: @GalileoResource
For further information, please contact: Galileo Resources PLC
| Colin Bird, Chairman Edward Slowey, Executive Director |
Tel +44 (0) 20 7581 4477 Tel +353 (0) 601 4466 |
| Beaumont Cornish Limited - Nomad Roland Cornish/James Biddle |
Tel +44 (0) 20 7628 3396 |
| Novum Securities Limited - Joint Broker Colin Rowbury /Jon Belliss |
+44 (0) 20 7399 9400 |
| Shard Capital Partners LLP - J oint Broker Damon Heath |
Tel +44 (0) 20 7186 9952 |
The following information relating to the transaction has been filed with the FCA in accordance with Article 19(1) of the Market Abuse Regulation,
1
Details of t he p erson disc harging managerial responsib ilities / p erson closely associated
a)
Name
Colin Bird
2
Reason for notification
a)
Position / status
Chairman
b)
I nitial notification
/Amendment
Initial
3
Details of t he issu er, emission allow a n ce m a r k et participan t, au ct ion plat for m, au ction eer or auc tion monitor
a)
Name
Galileo Resources plc
b)
LEI
213800KSRIVLX7BJSP45
4
Details of t he t ransact ion (s): section to be re p eated for ( i) e a ch type of instr u m e n t; (ii) each type of transac tion;
(iii) each date; and ( iv) each place w h ere transactions have b een condu cted
a)
Description of the financial instrument, t ype of instrument
I d e ntification code
Ordinary shares of 0.1 pence each in Galileo Resources plc
Issue of Ordinary Shares
ISIN GB00B115T142
Nature of the transaction
Issue of Ordinary Shares
c)
Price(s) and volumes(s)
| Price(s) | Volumes(s) |
| 1.2 pence | 850,000 |
d)
Aggregated information
n/a
e)
Date of the transaction
22 April 2024
f)
Place of the transaction
On market
1
Details of t he p erson disc harging managerial responsib ilities / p erson closely associated
a)
Name
Richard Wollenberg
2
Reason for notification
a)
Position / status
Non-Executive Director
b)
I nitial notification
/Amendment
Initial
3
Details of t he issu er, emission allow a n ce m a r k et participan t, au ct ion plat for m, au ction eer or auc tion monitor
a)
Name
Galileo Resources plc
b)
LEI
213800KSRIVLX7BJSP45
4
Details of t he t ransact ion (s): section to be re p eated for ( i) e a ch type of instr u m e n t; (ii) each type of transac tion;
(iii) each date; and ( iv) each place w h ere transactions have b een condu cted
a)
Description of the financial instrument, t ype of instrument
I d e ntification code
Ordinary shares of 0.1 pence each in Galileo Resources plc
Issue of Ordinary Shares
ISIN GB00B115T142
Nature of the transaction
Issue of Ordinary Shares
c)
Price(s) and volumes(s)
| Price(s) | Volumes(s) |
| 1.25 pence | 250,000 |
d)
Aggregated information
n/a
e)
Date of the transaction
22 April 2024
f)
Place of the transaction
On market
END
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