Skip to main content

AI assistant

Sign in to chat with this filing

The assistant answers questions, extracts KPIs, and summarises risk factors directly from the filing text.

GALILEO RESOURCES PLC Director's Dealing 2024

Apr 23, 2024

7657_dirs_2024-04-23_e3ef9c9a-1e7b-48fc-85ac-073c1ef724fe.html

Director's Dealing

Open in viewer

Opens in your device viewer

National Storage Mechanism | Additional information

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

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

DSHBLGDSBGDDGSX