Transaction in Own Shares • May 25, 2017
Transaction in Own Shares
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National Storage Mechanism | Additional information
RNS Number : 2897G
Rainbow Rare Earths Limited
25 May 2017
| 25 May 2017 | LSE: RBW |
Rainbow Rare Earths Limited
("the Company" or "the Group")
Notification and public disclosure of transactions by PDMR
and persons closely associated with them
| 1. | Details of the person discharging managerial responsibilities / person closely associated | ||
| a) | Name | Cesare Morelli | |
| 2. | Reason for the notification | ||
| a) | Position/status | Senior Manager - Technical Director | |
| b) | Initial notification/Amendment | Initial notification | |
| 3. | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | ||
| a) | Name | Rainbow Rare Earths Limited | |
| b) | LEI | 213800HONYSAXTG6KS11 | |
| 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 No Par Value | |
| b) | Nature of the transaction | Sale of Shares of No Par Value | |
| c) | Price(s) and volume(s) | Price(s) | Volume(s) |
| 0.125 | 1,625,000 | ||
| d) | Aggregated information - Aggregated volume - Price |
1,625,000 201196.44 |
|
| e) | Date of the transaction | 2017-05-25 | |
| f) | Place of the transaction | London Stock Exchange, Main Market (XLON) |
**ENDS**
For further information, please contact:
| Rainbow Rare Earths Ltd | Martin Eales | Tel: +44 (0) 20 7494 8206 |
| St Brides Partners Ltd | Lottie Brocklehurst Susie Geliher |
Tel: +44 (0) 20 7236 1177 |
This information is provided by RNS
The company news service from the London Stock Exchange
END
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