Issue of Equity and Director Dealing

RNS Number : 7945C

Bluejay Mining PLC

20 April 2017

 

20 April 2017

Bluejay Mining plc / EPIC: JAY / Market: AIM / Sector: Mining

Bluejay Mining plc ('Bluejay' or the 'Company')

Issue of Equity and Director Dealing

Bluejay Mining plc, the AIM and FSE listed company with projects in Greenland and Finland, announces that it has received notification from option holders to exercise options over a total of 2,766,667 new ordinary shares of 0.01 pence each in the share capital of the Company (the 'New Ordinary Shares') at a price of 7.5 pence per share in respect of 1,916,667 New Ordinary Shares and 10 pence per share in respect of 850,000 New Ordinary Shares. Accordingly, the Company has today issued the New Ordinary Shares to the option holders for an aggregate cash value of £228,750.

The share option exercises referred to above includes an option exercise by Greg Kuenzel, a Non-Executive Director of the Company. Mr Kuenzel exercised an option over a total of 600,000 New Ordinary Shares at a price of 10 pence per share on 19 April 2017. On the same day, Mr Kuenzel also notified the Company that he had sold 1,200,000 ordinary shares of 0.01 pence of the Company ("Ordinary Shares") at a price of 14.0375 pence. Accordingly, following the issue of 600,000 New Ordinary Shares to Mr Kuenzel and the sale of Ordinary Shares, he has an interest in 37,655,382 Ordinary Shares, representing 5.12% of the issued ordinary share capital of Bluejay, as enlarged by the issue of New Ordinary Shares. Further details concerning this dealing are set out below.

Application has been made for the New Ordinary Shares to be admitted to trading on the AIM market of the London Stock Exchange ('Admission'). Admission is expected to occur on or around 25 April 2017.

Total voting rights

Following the issue of the New Ordinary Shares, the total issued share capital of the Company consists of 735,965,887 ordinary shares of 0.01p each ('Ordinary Shares') with voting rights. The Company does not hold any Ordinary Shares in treasury. Therefore, the total number of voting rights in the Company is 735,965,887 and this figure may be used by shareholders in the Company as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change in their interest in, the share capital of the Company under the FCA's Disclosure and Transparency Rules.

For further information please visit www.bluejaymining.com or contact:

Roderick McIllree	Bluejay Mining plc	[phone]
Graham Marshall	Bluejay Mining plc	[phone]
Ewan Leggat	SP Angel Corporate Finance LLP	[phone]
Elisabeth Cowell	St Brides Partners Ltd	[phone]
Charlotte Page	St Brides Partners Ltd	[phone]

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:	Gregory Kuenzel
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:	Bluejay Mining plc
b)	LEI:	213800E9AEFEHFLOVJ19
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 0.01p each  GB00BFD3VF20
b)	Nature of the transaction:	Purchase of ordinary shares
c)	Price(s) and volume(s):	Price(s) Volume(s) 10 pence 600,000
d)	Aggregated information: Aggregated volume: Price:	Single transaction as in 4 c) above Price(s) Volume(s) 10 pence 600,000
e)	Date of the transaction:	2017-04-19 11:24 UTC
f)	Place of the transaction:	Outside trade venue

1.	Details of the person discharging managerial responsibilities/person closely associated
a)	Name:	Gregory Kuenzel
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:	Bluejay Mining plc
b)	LEI:	213800E9AEFEHFLOVJ19
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 0.01p each  GB00BFD3VF20
b)	Nature of the transaction:	Sale of ordinary shares
c)	Price(s) and volume(s):	Price(s) Volume(s) 13.93 pence 1,000,000 14.50 pence 100,000 14.65 pence 100,000
d)	Aggregated information: Aggregated volume: Price:	Single transaction as in 4 c) above Price(s) Volume(s) 14.0375 pence 1,200,000
e)	Date of the transaction:	2017-04-18 16:18 UTC
f)	Place of the transaction:	AIM

**ENDS**

 

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