Exercise of Options, PDMR Dealing & TVR

RNS Number : 5020A

Mineral & Financial Invest. Limited

02 February 2022

 

MINERAL AND FINANCIAL INVESTMENTS LIMITED

Exercise of Options, PDMR Dealings and Total Voting Rights

George Town, Cayman Islands - 2 February 2022 - The Board of Mineral and Financial Investments Limited (LSE-AIM: MAFL) ("M&FI" or the "Company") confirms that it has today issued, conditional only on admission, 330,000 new ordinary shares of 1p each in the Company. (the "New Shares"). These New Shares have been issued pursuant to an exercise of options over ordinary shares in the the Company at a price of 7.5p each.  

The Company confirms that application has been made to the London Stock Exchange for the admission of the New Shares to trading on AIM. Admission is expected to take place on or around 8 February, 2022.

The options were held by PDMRs and associated PCAs and the details are set out below:

Name	Role	Original shareholding	Number of New Shares	Total New shareholding	Total New percentage holding
Mount Everest Finance SA ("MEF")	100% owned PCA of Jacques Vaillancourt, CEO	6,664,000	230,000	6,894,000	19.44%
Sean Keenan	Non-Executive Director	0	100,000	100,000	0.28%

Disclosure and Transparency Rules

Following the admission of the New  Shares, the total number of ordinary shares of 1p each in the capital of the Company in issue will be 35,465,395, with each share carrying the right to one vote.   The figure of 35,465,395 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 to their interest in, the share capital of the Company under the Disclosure and Transparency Rules.

FOR MORE INFORMATION:

Jacques Vaillancourt  -  Mineral & Financial Investments Ltd.  [phone]

Katy Mitchell and Ben Good  -  WH Ireland Limited  [phone]

Jon Belliss  -  Beaufort Securities Limited  [phone]

Dominic Baretto  -  Yellow Jersey PR Limited  [phone]

TRANSACTION 1

1	D et ails     of     t h e     p er son     c los e ly asso c ia te d
a)	Name	Mount Everest Finance SA
2	Reason for notification
a)	Position / status	PCA of Jacques Vaillancourt, CEO of the Company
b)	I niti a l noti f i ca t i on /Am e ndm e nt	Initial Notification
3	D et ails   of   t h e   iss u er ,    e m ission   allo w a n c e   m a r k e t   p a rt i c i p a n t ,   a u ct i on p la t f o r m , a u ct io n ee r   or   a uc t ion   m o n i t or
a)	Name	Mineral and Financial Investments Limited
b)	LEI	2138202XJN3E3OTYDCH82
4	D et ails   of   t h e   t r a n sa ct i o n ( s ) : s ect ion   t o   b e   re p e a te d   f or   ( i )   e a c h   t y p e   ofi n s tr u m e n t ;   ( ii)   e a c h   t y p e   of   tr a n sa c t io n ;   ( iii)   e a c h   d a te ;   a n d   ( i v)   e a c h p la c e   w h er e   tr a n sa ct io n s   h ave   b ee n   c o ndu cted
a)	D e s cr iption   of the   f in a n c i a l inst r um e nt,   t y pe of   inst r um e nt I d e nti f i ca tion   c o d e	Ordinary shares of 1 pence ISIN KYG6181G1055
	Nature of the transaction	Exercise of Options
c)	Price(s) and volumes(s)	Price(s) Volumes(s)  7.5 pence 230,000
d)	Aggregated information -  Volume -  price	230,000 7.5p
e)	Date of the transaction	January 31, 2022
f)	Place of the transaction	London Stock Exchange (XLON)

TRANSACTION 2

1	D et ails     of     t h e     p er son     d is c h a r gi n g     m a n ag er ial     re s p o n si b i li t i e s
a)	Name	Sean Keenan
2	Reason for notification
a)	Position / status	Non-Executive Director
b)	I niti a l noti f i ca t i on /Am e ndm e nt	Initial  Notification
3	D et ails   of   t h e   iss u er ,    e m ission   allo w a n c e   m a r k e t   p a rt i c i p a n t ,   a u ct i on p la t f o r m , a u ct io n ee r   or   a uc t ion   m o n i t or
a)	Name	Mineral and Financial Investments Limited
b)	LEI	2138202XJN3E3OTYDCH82
4	D et ails   of   t h e   t r a n sa ct i o n ( s ) : s ect ion   t o   b e   re p e a te d   f or   ( i )   e a c h   t y p e   ofi n s tr u m e n t ;   ( ii)   e a c h   t y p e   of   tr a n sa c t io n ;   ( iii)   e a c h   d a te ;   a n d   ( i v)   e a c h p la c e   w h er e   tr a n sa ct io n s   h ave   b ee n   c o ndu cted
a)	D e s cr iption   of the   f in a n c i a l inst r um e nt,   t y pe of   inst r um e nt I d e nti f i ca tion   c o d e	Ordinary shares of 1 pence each ISIN KYG6181G1055
	Nature of the transaction	Exercise of Options
c)	Price(s) and volumes(s)	Price(s) Volumes(s)  7.5 pence 100,000
d)	Aggregated information -  Volume -  price	100,000 7.5p
e)	Date of the transaction	January 31, 2022
f)	Place of the transaction	London Stock Exchange (XLON)

 

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