Director Dealing

RNS Number : 8621Q
Harvest Minerals Limited
11 June 2018
 

Harvest Minerals Limited / Index: LSE / Epic: HMI / Sector: Mining

11 June 2018

Harvest Minerals Limited

('Harvest' or the 'Company')

Director Dealing

 

Harvest Minerals Limited, the AIM quoted natural fertiliser producer, announces that Brian McMaster, Chairman, purchased 4,162,162 ordinary shares in the Company ("Shares") at a price of 18.5p per Share representing an investment of approximately £770,000.  The Shares were purchased via a private entity, Gemstar Investments Limited, which Mr McMaster controls.  Further to this purchase, Mr McMaster holds 6,742,996 Shares.

 

This announcement contains inside information for the purposes of Article 7 of EU Regulation 596/2014

 

*ENDS*

 

For further information please visit www.harvestminerals.net or contact:

Harvest Minerals Limited

Brian McMaster (Chairman)

Tel: +44 (0) 20 7317 6629

 

 

 

Strand Hanson Limited

(Nominated & Financial Adviser)

James Spinney

Ritchie Balmer

Tel: +44 (0)20 7409 3494

 

 

 

Arden Partners plc

(Joint Broker)

Tim Dainton

Paul Brotherhood

Paul Shackleton

 

Tel: +44 (0) 20 7614 5900

Shard Capital Partners LLP

(Joint Broker)

Damon Heath

Tel: +44 (0) 20 7186 9900

 

 

 

St Brides Partners Ltd

(Financial PR)

Isabel de Salis

Gaby Jenner

Tel: +44 (0)20 7236 1177

 

 

Notes:

Harvest Minerals (HMI.L) is a Brazilian focused fertiliser producer advancing the 100% owned Arapua Fertiliser Project, which produces KPfértil, a proven, multi-nutrient, slow release, organic fertiliser and remineraliser.  KPfértil offers many economic and agronomic benefits and addresses the significant demand for locally produced fertiliser in Brazil, with its abundant agricultural land; currently, the country imports 90% of the potash it uses but has a target to be self-sufficient in fertilisers by 2020.  Covering 14,946 hectares and located in the heart of the Brazilian agriculture belt in Minas Gerais, Arapua is a shallow, low cost mine with an indicated and inferred resource of 13.07Mt at 3.1% K2O and 2.49% P2O5.  This is based on drilling just 6.7% of the known mineralisation, leaving significant upside potential. This resource is equivalent over 29 years' production and the known mineralisation expected to support 100+ years' production at 450,000 tonnes per annum.

 

PDMR Notification

1.

Details of the person discharging managerial responsibilities / person closely associated

a)

Name

Brian McMaster

2.

Reason for the Notification

a)

Position/status

Director of the Company

b)

Initial notification/amendment

Initial notification

3.

Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor

a)

Name

HARVEST MINERALS LIMITED

b)

LEI

213800FQKFCEUYOHCP43

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 (DI) of no par value in Harvest Minerals Ltd

Identification code

AU000XINEAB4

b)

Nature of the Transaction

Purchase of Ordinary Shares

c)

Price(s) and volume(s)

Price(s)

Volume(s)

£0.185

4,162,162

d)

Aggregated information

Aggregated volume Price

N/A

e)

Date of the transaction

11 June 2018

f)

Place of the transaction

AIM (XLON)

 

 

 

 

 


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END
 
 
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