Director/PDMR Shareholding

RNS Number : 0570I
Shanta Gold Limited
09 December 2020
 

9 December 2020

Shanta Gold Limited

("Shanta Gold" or the "Company")

 

Director/PDMR Shareholding

 

Notification of transaction by   Person Discharging Managerial Responsibilities ("PDMR')

1. 

Details of the person discharging managerial responsibilities / person closely associated

a. 

Name

R obin Fryer

2. 

Reason for the notification

a. 

Position/status

N on-Executive Director

b. 

Initial notification

/Amendment

Initial Notification

3. 

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

a. 

Name

Shanta Gold Limited

b. 

LEI

213800WAVVOPS85N2205

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

Identification code

Ordinary shares of 0.01 pence each


GB00B0CGR828

 

b. 

Nature of the transaction

S ale of shares

c. 

Price(s) and volume(s)

Price(s)

£0.1500

£0.1475

Volume(s)

100,000

971,214

d. 

Aggregated information

· Aggregated volume

· Price

 

 

1,071,214

£158,254

e. 

Date of the transaction

7 D ecember 2020 & 8 December 2020

f. 

Place of the transaction

London Stock Exchange

 

Following the sale, Robin Fryer holds Nil ordinary shares in the Company which represents 0.00% of the Company's issued share capital.

 

This announcement is made in accordance with Article 19 of the EU Market Abuse Regulation 596/2014.

 

Enquiries:

 

Shanta Gold Limited

 

Eric Zurrin (CEO)

 +44 (0) 14 8173 2153

Luke Leslie (CFO)

 

 

 

Nominated Adviser and Joint Broker

 

Liberum Capital Limited

 

Scott Mathieson / Ed Thomas / Louis Davies / Nikhil Varghese

 +44 (0) 20 3100 2000

 

 

Joint Broker

 

Tamesis Partners LLP

 

Charlie Bendon / Richard Greenfield

 +44 (0) 20 3882 2868

 

 

About Shanta Gold Limited

 

Shanta Gold is an East Africa-focused gold producer. It currently has defined ore resources on the New Luika and Singida projects in Tanzania and holds exploration licences covering approximately 1,200 km2 in the country. Shanta Gold also owns the West Kenya Project in Kenya with defined ore resources of 1.2 Mt grading 12.6 g/t. Shanta's flagship New Luika Gold Mine commenced production in 2012 and produced 84,506 ounces in 2019. The Company has been admitted to trading on London's AIM market and has approximately 1,043 m shares in issue. For further information please visit: www.shantagold.com.

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