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Scotgold Resources (SGZ)

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Thursday 08 November, 2018

Scotgold Resources

Director Dealing

RNS Number : 8239G
Scotgold Resources Ltd
08 November 2018
 

08 November 2018

Scotgold Resources Limited

("Scotgold" or the "Company")

 

Notification of Transaction of Persons Discharging Managerial

Responsibilities ("PDMR")

 

 

The Company announces that it was notified on 07 November 2018 that Nathaniel le Roux, Non-Executive Chairman of the Company, acquired 55,000 ordinary shares of no par value each ("Ordinary Shares") at a price of 32 pence per share.

Following the purchase of 55,000 shares, Nathaniel le Roux will have a beneficial interest in 22,578,223 Ordinary Shares, representing approximately 49.47% (previously 49.35%) of the ordinary share capital of the Company.

 

The Company confirms that it did not have inside information at the time the instruction for the purchase of Ordinary Shares was issued and that the purchase of shares by Nathaniel le Roux was in accordance with the Company's Share Dealing Policy

 

 

 

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

On market purchase of shares

(d)          

Price(s) and volume(s)

Prices(s)

Volume(s)

a)          32 pence

30,000

b)          32 pence

25,000

 

(e)           

Aggregated information:

- Aggregated volume

- Price

Single transaction as in 4(d) above

Prices(s)

Volume(s)

32 pence

55,000

 

(f)           

Date of transaction

a)    5 November 2018

b)    6 November 2018

(g)           

Place of transaction

XLON

 

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: +44 (0)1838 400 306

SP Angel Corporate Finance LLP

Nomad and Joint Broker

Ewan Leggat / Charlie Bouverat

 

Tel +44 (0) 20 3470 0470

Smaller Company Capital Ltd

Joint Broker

Rupert Williams

 

Tel: +44 (0)20 3651 2911

Capital Markets Consultants

Financial PR

Simon Rothschild

Tel: +44 (0) 7703 167 065

 

 

 

 

 

 


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