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Panther Metals PLC Director's Dealing 2021

Aug 23, 2021

10537_pos_2021-08-23_79c83ae0-4f0b-4992-912b-ec6feaebfa8a.html

Director's Dealing

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National Storage Mechanism | Additional information

RNS Number : 3928J

Panther Metals PLC

23 August 2021

THIS ANNOUNCEMENT CONTAINS INSIDE INFORMATION FOR THE PURPOSES OF ARTICLE 7 OF REGULATION 2014/596/EU WHICH IS PART OF DOMESTIC UK LAW PURSUANT TO THE MARKET ABUSE (AMENDMENT) (EU EXIT) REGULATIIONS (SI 2019/310) ("UK MAR"). UPON THE PUBLICATION OF THIS ANNOUNCEMENT, THIS INSIDE INFORMATION (AS DEFINED IN UK MAR) IS NOW CONSIDERED TO BE IN THE PUBLIC DOMAIN.

FOR IMMEDIATE RELEASE

PANTHER METALS PLC

("Panther" or the "Company")

(Incorporated in the Isle of Man with company number 009753V)

23rd August 2021

PDMR Dealing

Panther Metals PLC (LSE:PALM) the company focused on mineral exploration in Canada and Australia, announces that it was notified on 20 August 2021, that Nicholas O'Reilly, a non-executive director of the Company, has, in order to effect a "Bed and ISA" transaction, sold 416,665 ordinary shares of no par value in the Company ("Ordinary Shares") at a price of 11.5p per Ordinary Share and then repurchased, into his Individual Savings Account (ISA), the same number of 416,665 Ordinary Shares together with an additional 3,806 Ordinary Shares, at a weighted average price of 11.51p per Ordinary Share.

Following the transactions, the number of shares in which Nicholas O'Reilly has an interest has increased by 3,806 Ordinary Shares to 420,471 Ordinary Shares equivalent to 0.68% of the issued share capital.

Notification and public disclosure of transactions by persons discharging managerial responsibilities and persons closely associated with them

1

Details of the person discharging managerial responsibilities/person closely associated

a)

Name  

Nicholas O'Reilly

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

Panther Metals plc

b)

LEI

213800FE99O4CN3DJU27

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

Ordinary shares of no par value 

Identification code

IM00BKDM2T52

b)

Nature of the transaction

On market sale of Ordinary Shares

c)

Price(s) and volume(s)

Price(s) Volume(s)
GBP 0.115 416,665

d)

Aggregated information

·      Aggregated volume

·      Price

416,665

GBP  47,916.475

e)

Date of the transaction  

20 AUGUST 2021

f)

Place of the transaction  

XLON

Notification and public disclosure of transactions by persons discharging managerial responsibilities and persons closely associated with them

1

Details of the person discharging managerial responsibilities

a)

Name  

Nicholas O'Reilly

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

Panther Metals plc

b)

LEI

213800FE99O4CN3DJU27

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

Ordinary Shares of no par value

Identification code

IM00BKDM2T52

b)

Nature of the transaction

On market purchase of Ordinary Shares:

(i) 4,186 Ordinary Shares via Barclays ISA; and

(ii) 416,285 Ordinary Shares via Barclays ISA.

c)

Price(s) and volume(s)

Price(s) Volume(s)
GBP 0.1194 4,186
GBP 0.1151 416,285

d)

Aggregated information

·      Aggregated volume

·      Price  

420,471

GBP  48,414.212

e)

Date of the transaction  

20 August 2021

f)

Place of the transactions  

XLON

Date of notification: 20 August 2021 

For the purposes of UK MAR, the person responsible for arranging for the release of this announcement on behalf of Panther is Darren Hazelwood, Chief Executive Officer.

For further information please contact:

Panther Metals PLC:

Darren Hazelwood, Chief Executive Officer:            +44(0) 1462 429 743

+44(0) 7971 957 685

Mitchell Smith, Chief Operating Officer:                    +1(604) 209 6678

Broker:

SI Capital Limited

Nick Emerson                                                             +44(0) 1438 416 500

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END

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