Director/PDMR Shareholding

RNS Number : 4172S
Sunrise Resources Plc
16 March 2021
 

16 March 2021

 

SUNRISE RESOURCES PLC

("Sunrise" or "the Company")

 

 

Director Dealings

 

The Company wishes to advise that, further to its announcement dated 18 November 2020, Mr. David Swan, a non-executive director of the Company, has, on 12 March 2021 effected a transfer of 22,400,000 ordinary shares in the Company in which he has the beneficial interest from a CREST nominee account into his Self-Invested Personal Pension. The shares were sold and immediately repurchased at the same price of 0.21 pence per share.

This transfer of shares was made with appropriate approval from, and in accordance with the Company's Share Dealing Code and there has been no change to the number of shares in which Mr. Swan has an interest as a result of this transaction. 

Mr. Swan currently has an interest totalling 31,199,213 ordinary shares in the Company representing 0.84% of the total number of ordinary shares in issue which remains unchanged.

This announcement contains inside information for the purposes of Article 7 of EU Regulation 596/2014. 

Further information:

 

Sunrise Resources plc

Patrick Cheetham, Executive Chairman

Tel: +44 (0)1625 838 884

 

Beaumont Cornish Limited

Nominated Adviser

James Biddle/Roland Cornish

Tel: +44 (0)207 628 3396

 

Peterhouse Capital Limited

Broker

Lucy Williams/Duncan Vasey

 

Tel: +44 (0)207 469 0930

 

Market Abuse Regulation

 

The information set out below is provided for the purposes of Article 19(3) of Regulation (EU) No.596/2014 of the European Parliament and of the Council.

 

 

 

1

Details  of  the  person  discharging  managerial  responsibilities I person closely associated

a)

Name

David Swan

2

Reason for the notification

a)

Position/status

Non-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

Sunrise Resources plc

b)

LEI

213800MGDOE974QHPZ44

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 0.1p each

Identification code

GB00B075Z681

b)

Nature of the transaction

Transfer of 22,400,000 ordinary shares from a CREST share dealing account into a Self-Invested Personal Pension.

 

 

c)

Price(s) and volume(s)

Price(s)

Volume(s)

Sale £0.0021

Purchase £0.0021

22,400,000

22,400,000

d)

Aggregated information

- Aggregated volume 

- Price 

 

Single transaction as 4(a) above

N/A

 

e)

Date of the transaction

12/03/2021

 

 

f)

Place of the transaction

London Stock Exchange

 

 

 

 

Shares in the Company trade on AIM. EPIC: "SRES". Website: www.sunriseresourcesplc.com

 

 

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