Director Share Purchase

RNS Number : 7242P

Strategic Minerals PLC

21 November 2016

 

Market Abuse Regulation (MAR) Disclosure

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.

21 November 2016

Strategic Minerals plc

("Strategic Minerals" or the "Company")

Director Share Purchase

Strategic Minerals plc (AIM: SML; USOTC: SMCDY) has been informed that John Peters, Managing Director of the Company, today acquired on market a total of 1,300,000 ordinary shares in the Company at a price of 0.42761 pence per share.  Following this acquisition, Mr Peters has a beneficial interest in 10,000,000 ordinary shares in the Company, representing 0.82% of the Company's issued share capital.

The notification below, made in accordance with the requirements of the EU Market Abuse Regulation, provides further detail on the acquisition of shares in the Company by a director.

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)	Name:	John Peters
2.	Reason for the notification
a)	Position/status:	Managing Director
b)	Initial notification/Amendment:	Initial notification
3.	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)	Name:	Strategic Minerals 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: Identification code:	Ordinary shares of 0.1p each GB00B4W8PD74
b)	Nature of the transaction:	Acquisition of shares
c)	Price(s) and volume(s):	Price(s) Volume(s) 0.42761 pence 1,000,000 0.42761 pence     300,000
d)	Aggregated information: Aggregated volume: Price:	Price(s) Volume(s) 0.42761 pence 1,300,000
e)	Date of the transaction:	2016-11-21 09.41hrs UTC (1,000,000 shares) 09.45hrs UTC (300,000 shares)
f)	Place of the transaction:	London Stock Exchange (AIM)

For further information, please contact:

Strategic Minerals plc John Peters Managing Director   www.strategicminerals.net Follow Strategic Minerals on: Twitter: @SML_Minerals LinkedIn: www.linkedin.com/company/strategic-minerals-plc	[phone]
SP Angel Corporate Finance LLP Nominated Adviser and Joint Broker Ewan Leggat Laura Harrison	[phone]
Optiva Securities Limited Joint Broker Graeme Dickson	[phone]
Yellow Jersey PR Financial PR Dominic Barretto Alistair de Kare-Silver	[phone]

 

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