KERAS RESOURCES PLC

Director's Dealing • Jun 11, 2020

National Storage Mechanism | Additional information

RNS Number : 6008P

Keras Resources PLC

11 June 2020

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

11 June 2020

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

Director/PDMR Shareholding

Keras Resources plc, the AIM listed mineral resource company, has been notified that on 10 June 2020, Board Directors Dave Reeves, Russell Lamming and Brian Moritz (together, 'the Directors'), bought a total 11,000,000 Ordinary Shares at a price of 0.14 pence each in the Company ('Ordinary Shares'). Following these transactions, the beneficial interests of the Directors in the issued Ordinary Shares is as follows:

Director	Interest in Ordinary Shares	% interest in Ordinary Shares
Dave Reeves	493,224,251	17.71
Russell Lamming	145,934,551	5.24
Brian Moritz	106,627,178	3.83
Total	745,785,980	26.78

Further details of the dealing by Directors is set out in the Appendix below.

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
Joint Broker Damon Heath / Erik Woolgar	Shard Capital Partners LLP	+44 (0) 207 186 9900
Financial PR Isabel de Salis / Cosima Akerman	St Brides Partners Ltd	+44 (0) 20 7236 1177

Appendix

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 0.1 pence each

ISIN: GB00B649J414

b)

Nature of the transaction:

Market purchase

c)

Price(s) and volume(s):

Prices(s)	Volume(s)
0.14p	3,666,667

d)

Aggregated information:

Aggregated volume:

Price:

Multiple transactions as in 4 c) above

Prices(s)	Volume(s)
0.14p	3,666,667

e)

Date of transaction:

10 June 2020

f)

Place of transaction

Off-exchange

1.

Details of the person discharging managerial responsibilities/person closely associated

a)

Name:

Russell Lamming

2.

Reason for the notification

a)

Position/status:

Chief Executive Officer

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 0.1 pence each

ISIN: GB00B649J414

b)

Nature of the transaction:

Market purchase

c)

Price(s) and volume(s):

Prices(s)	Volume(s)
0.14p	3,666,667

d)

Aggregated information:

Aggregated volume:

Price:

Multiple transactions as in 4 c) above

Prices(s)	Volume(s)
0.14p	3,666,667

e)

Date of transaction:

10 June 2020

f)

Place of transaction

Off-exchange

1.

Details of the person discharging managerial responsibilities/person closely associated

a)

Name:

Brian Moritz

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:

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 0.1 pence each

ISIN: GB00B649J414

b)

Nature of the transaction:

Market purchase

c)

Price(s) and volume(s):

Prices(s)	Volume(s)
0.14p	3,666,666

d)

Aggregated information:

Aggregated volume:

Price:

Multiple transactions as in 4 c) above

Prices(s)	Volume(s)
0.14p	3,666,666

e)

Date of transaction:

10 June 2020

f)

Place of transaction

Off-exchange

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END

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