KERAS RESOURCES PLC

Director's Dealing • Oct 4, 2019

National Storage Mechanism | Additional information

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RNS Number : 8534O

Keras Resources PLC

04 October 2019

Keras Resources plc / Index: AIM / Epic: KRS / Sector: Mining

Keras Resources plc ('Keras' or the 'Company')

4 October 2019

Director Dealings

Keras Resources plc, the AIM listed mineral resource company, announces that it was informed on 4 October 2019 that on 3 October 2019 Dave Reeves, Non-Executive Director of the Company, purchased 19,157,093 ordinary shares of 0.1p each in the Company at a price of 0.4 pence per share.

Following the purchase, Mr. Reeves has a beneficial interest in 489,557,584 ordinary shares representing 19.65 per cent of the Company's total voting rights.

The information set out below is provided in accordance with the requirements of Article 19(3) of the EU Market Abuse Regulation No 596/2014.

1.     

Details of the person discharging managerial responsibilities/person closely associated

a)

Name:

Dave Reeves

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:

Keras Resources Plc 

b)

LEI:

213800OZFKFM2N4R4F47

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 shares of 0.1p each

ISIN: GB00B649J414

b)

Nature of the transaction:

Acquisition of shares 

c)

Price(s) and volume(s):

Price(s)	Volume(s)
0.4 p	19,157,093

d)

Aggregated information:

Aggregated volume:

Price:

Single transaction as in 4 c) above

Price(s)	Volume(s)
0.4 p	19,157,093

e)

Date of the transaction:

03 October 2019

f)

Place of the transaction:

XLON

**ENDS**

For further information please visit www.kerasplc.com, follow us on Twitter @kerasplc or contact the following:

Russell Lamming	Keras Resources plc	info@kerasplc.com
Nominated Adviser / Joint Broker Ewan Leggat / Charlie Bouverat	SP Angel Corporate Finance LLP	+44 (0) 20 3470 0470
Financial PR Isabel de Salis / Cosima Akerman	St Brides Partners Ltd	+44 (0) 20 7236 1177

Notes

Keras Resources plc is focused on building a strategic portfolio of resource assets, providing investors with exposure to a portfolio of development assets including manganese, cobalt and nickel in Togo, West Africa.  The Company benefits from a highly skilled management team, which has extensive operational experience in the resource sector and proven success in advancing assets up the value curve.

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 rns@lseg.com or visit www.rns.com.

END

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