Director/PDMR Shareholding

RNS Number : 1124E

Scotgold Resources Ltd

15 October 2018

 

15 October 2018

Scotgold Resources Limited

("Scotgold" or the "Company)

PDMR Transfer of Shares

The Company announces that on 11 October 2018 Nathaniel ("Nat") Le Roux, the non-executive Chairman of Scotgold, transferred 22,318,223 ordinary shares of no par value each ("Ordinary Shares") held in the name of Hargreave Hale Nominees Limited to Joh. Berenberg Gossler & Co Kg.

This transfer resulted in no change to the beneficial ownership of Mr Le Roux in the Ordinary Shares and he continues to have a beneficial interest in 22,318,223 Ordinary Shares.

Due to a clerical error, Mr Le Roux's shareholding was incorrectly stated as 22,318,222 Ordinary shares as announced on 18 May 2018. Mr Le Roux confirms that his correct shareholding in the Company is 22,318,223 Ordinary Shares. 

NOTIFICATION AND PUBLIC DISCLOSURE OF TRANSACTIONS BY PERSONS DISCHARGING MANAGERIAL RESPONSIBILITIES AND PERSONS CLOSELY ASSOCIATED WITH THEM

1.	Details of the person discharging managerial responsibilities/person closely associated
(a)	Full name of person Dealing	Nathaniel Le Roux
2.	Reason for notification
(a)	Position/status	Non-Executive Chairman
(b)	Initial notification/ Amendment	Initial notification
3.	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
(a)	Name of entity	Scotgold Resources Limited
(b)	LEI	213800HL5A2K7LW2G360
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 No Par Value
(b)	Identification code	AU000XINEAK5
(c)	Nature of the transaction	Transfer of shares for nil consideration
(d)	Price(s) and volume(s)	N/A
(e)	Aggregated information: - Aggregated volume - Price	Single transaction as in 4(d) above
(f)	Date of transaction	11 October 2018
(g)	Place of transaction	Outside a trading venue

Certain information contained in this announcement would have been deemed inside information for the purposes of Article 7 of Regulation (EU) No 596/2014 until the release of this announcement.

For further information please contact:

Scotgold Resources Limited Richard Gray	Tel: [phone]
SP Angel Corporate Finance LLP Nomad and Joint Broker Ewan Leggat / Charlie Bouverat	Tel [phone]
Smaller Company Capital Ltd Joint Broker Rupert Williams	Tel: [phone]
Capital Markets Consultants Financial PR Simon Rothschild	Tel: [phone]

 

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