Director/PDMR Shareholding

RNS Number : 2431U

Papua Mining Plc

20 October 2017

 

Papua Mining plc

Director's dealing

20 October 2017

Papua Mining plc ("Papua" or "the Company") announces that Paul Johnson, a non-executive Director of the Company today purchased 1,000,000 shares in the Company at an average price of 1.38 pence. Mr Johnson, together with his wife, now holds 18,384,565 shares in the Company, representing  5.35 per cent. of the issued share capital.

For further information please visit www.papuamining.com or contact:

Papua Mining plc
David Price, Managing Director & CEO	[phone]
Cenkos Securities plc - Nominated Adviser and Broker
Derrick Lee / Beth McKiernan	[phone]

1.	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	Paul Johnson
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	Papua Mining plc
b)	LEI
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 of £0.001 each
	Identification code	GB00B42TN250
b)	Nature of the Transaction	Purchase of ordinary shares
c)	Price(s) and volume(s)	500,000 shares at 1.37p  500,000 shares at 1.3942p
d)	Aggregated information Aggregated volume Price	1,000,000 1.382 pence
e)	Date of the transaction	20 October 2017
f)	Place of the transaction	London Stock Exchange, AIM (LON:NGR)

 

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