Director Share Purchases

RNS Number : 9680H

Cadence Minerals PLC

11 April 2022

 

Cadence Minerals Plc

("Cadence Minerals", "Cadence" or "the Company")

Director Share Purchases

Cadence (AIM:KDNC), the mining investment company, announces that on the 8 April the following director purchased ordinary shares in the Company.

Director	Position	Number of ordinary shares acquired	Price paid per share (£)
Kiran Morzaria	Director & CEO	54,422	0.1837

After this acquisition and the transfer of the Employee Benefit Trust ("EBT") shares under the 2021 share incentive scheme which vested and were announced on the 30 June 2021 and 14 January 2022 , the total notifiable share interest in the Company for the directors is as follows

Director	Position	Total holding of ordinary shares
Kiran Morzaria	Director & CEO	1,326,422
Donald Strang	Finance Director	957,545
Andrew Suckling	Non-Executive Chairman	381,602
Adrian Fairbourn	Non-Executive Director	731,005

- Ends -

For further information: Cadence Minerals plc   [phone] Andrew Suckling Kiran Morzaria WH Ireland Limited (NOMAD & Broker)     [phone] James Joyce Darshan Patel Novum Securities Limited (Joint Broker)    [phone] Jon Belliss

  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			Kiran Morzaria
2	Reason for the notification
a)	Position/status			Director & CEO
b)	Initial notification/ Amendment			Initial notification
3	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)	Name			Cadence Minerals PLC
b)	LEI			213800TUZWG9C2GRNO58
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 Share GB00B067JC96
b)	Nature of the transaction			Share Purchase, Share Incentive Scheme
c)	Price(s) and volume(s)			Price(s) Volume(s) 0.1837 54,422 0.183 160,000
d)	Aggregated information -  Aggregated volume -  Price			214,422 0.1831
e)	Date of the transaction			08/04/2022
f)	Place of the transaction			XLON, AIM

1	Details of the person discharging managerial responsibilities/person closely associated
a)	Name			Donald Strang
2	Reason for the notification
a)	Position/status			Finance Director
b)	Initial notification/ Amendment			Initial notification
3	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)	Name			Cadence Minerals PLC
b)	LEI			213800TUZWG9C2GRNO58
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 Share GB00B067JC96
b)	Nature of the transaction			Share Incentive Scheme
c)	Price(s) and volume(s)			Price(s) Volume(s) 0.183 160,000
d)	Aggregated information -  Aggregated volume -  Price			160,000 0.183
e)	Date of the transaction			08/04/2022
f)	Place of the transaction			XLON, AIM

1	Details of the person discharging managerial responsibilities/person closely associated
a)	Name			Andrew Suckling
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			Cadence Minerals PLC
b)	LEI			213800TUZWG9C2GRNO58
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 Share GB00B067JC96
b)	Nature of the transaction			Share Incentive Scheme
c)	Price(s) and volume(s)			Price(s) Volume(s) 0.183 160,000
d)	Aggregated information -  Aggregated volume -  Price			160,000 0.183
e)	Date of the transaction			08/04/2022
f)	Place of the transaction			XLON, AIM

1	Details of the person discharging managerial responsibilities/person closely associated
a)	Name			Adrian Fairbourn
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			Cadence Minerals PLC
b)	LEI			213800TUZWG9C2GRNO58
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 Share GB00B067JC96
b)	Nature of the transaction			Share Incentive Scheme
c)	Price(s) and volume(s)			Price(s) Volume(s) 0.183 160,000
d)	Aggregated information -  Aggregated volume -  Price			160,000 0.183
e)	Date of the transaction			08/04/2022
f)	Place of the transaction			XLON, AIM

 

END

 

 

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