Purchase of Shares by a Director

RNS Number : 0188G

Cadence Minerals PLC

13 March 2020

 

Cadence Minerals Plc

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

Purchase of Shares by a Director

The Company announces that Kiran Morzaria, Director and CEO of the Company, today notified the Company that he purchased 254,741 ordinary shares in the Company ("Common Shares") at a price of 3.9 pence per Common Share. Further details of this purchase are disclosed in the table below.

Following this notification, Kiran Morzaria has a beneficial holding of 864,312 Common Shares.

For further information:

Cadence Minerals plc [phone] Andrew Suckling Kiran Morzaria WH Ireland Limited (NOMAD & Broker) [phone] James Joyce James Sinclair-Ford Hannam & Partners LLP (Joint Broker) [phone] Neil Passmore Ingo Hofmaier Novum Securities Limited (Joint Broker) [phone] Jon Belliss

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	Purchase of Common Shares
c)	Price(s) and volume(s)	Price(s) Volume(s) 0.039 254,741
d	Aggregated information -  Aggregated volume -  Price	254,741 0.039
e	Date of the transaction	12/03/2020
f	Place of the transaction	AIM

 

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