Directors' Dealings

RNS Number : 2150G
MC Mining Limited
11 November 2022
 

11 November 2022

DIRECTORS' DEALINGS

MC Mining Limited (MC Mining or the Company) has been notified that, following the successful conclusion of its fully underwritten renounceable rights offer, as announced on 4 November 2022 (the Rights Issue), and admission to trading of the new ordinary shares on 9 November 2022, the interests of two of the Company's non-executive directors, namely Mr Mathews Senosi and Mr Brian He Zhen, has changed.

 

· Senosi Group Investment Holdings Proprietary Limited (SGIH), an entity that is owned and controlled by Mr Mathews Senosi, a non-executive director of the Company, acquired an additional 56,993,546 new ordinary shares under the Rights Issue. Following this, SGIH holds a total of 95,357,4555 ordinary MC Mining shares, representing 23.98% of the Company's issued capital.

Further details are provided in the below PDMR Notification Forms, announced in accordance with Article 19 of the Market Abuse Regulation (EU) 596/2014 as it forms part of United Kingdom domestic law by virtue of the European Union (Withdrawal) Act 2018, as amended.

Further details on the holdings are available on the Company's website www.mcmining.co.za.

For and on behalf of

 

MC Mining Limited

Tony Bevan

Company Secretary

 

For more information contact:

Tony Bevan

Company Secretary

Endeavour Corporate Services

+61 08 9316 9100

James Harris / James Dance

Nominated Adviser

Strand Hanson Limited

+44 20 7409 3494

Rory Scott

Broker (AIM)

Tennyson Securities

+44 20 7186 9031

Marion Brower

Financial PR (SA)

R&A Strategic Communications

+27 11 880 3924

Investec Bank Limited is the nominated JSE Sponsor

About MC Mining

MC Mining is an AIM/ASX/JSE-listed coal exploration, development and mining company operating in South Africa. MC Mining's key projects include the Uitkomst Colliery (metallurgical and thermal coal), Makhado Project (hard coking coal), Vele Colliery (semi-soft coking and thermal coal), and the Greater Soutpansberg Projects (coking and thermal coal).

PDMR Notification Form s :

 

1.

Details of the person discharging managerial responsibilities / person closely associated

a)

Name

Mathews Senosi

2.

Reason for the Notification

a)

Position/status

Director

b)

Initial notification/amendment

Initial notification

3.

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

a)

Name

MC Mining Limited

b)

LEI

213800G6YDVUTU9NEP37

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

Identification code

AU000000MCM9

b)

Nature of the Transaction

Acquisition of new ordinary shares in Rights Issue

c)

Price(s) and volume(s)

Price(s)

Volume(s)

A$0.20

56,993,546


d)

Aggregated information

Aggregated volume Price

N/A (Single transaction)

e)

Date of the transaction

8 November 2022

f)

Place of the transaction

ASX

 

 

1.

Details of the person discharging managerial responsibilities / person closely associated

a)

Name

Brian He Zhen and his spouse

2.

Reason for the Notification

a)

Position/status

Director

b)

Initial notification/amendment

Initial notification

3.

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

a)

Name

MC Mining Limited

b)

LEI

213800G6YDVUTU9NEP37

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

Identification code

AU000000MCM9

b)

Nature of the Transaction

Acquisition of new ordinary shares in Rights Issue

c)

Price(s) and volume(s)

Price(s)

Volume(s)

A$0.20

264,845


d)

Aggregated information

Aggregated volume Price

N/A (Single transaction)

e)

Date of the transaction

8 November 2022

f)

Place of the transaction

ASX

 

 

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.
 
END
 
 
DSHBIBDBSBBDGDB
UK 100

Latest directors dealings