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KEFI Minerals plc (KEFI)

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Thursday 19 March, 2020

KEFI Minerals plc

Director Dealing

RNS Number : 7643G
KEFI Minerals plc
19 March 2020
 

19 March 2020

KEFI Minerals plc ("KEFI" or the "Company")

Director Dealing

KEFI Minerals (AIM: KEFI), the gold exploration and development company with projects in the Kingdom of Saudi Arabia and the Democratic Republic of Ethiopia, was notified on 18  March 2020 by the Company's non-executive director, Norman Ling, that he sold on market 2,000,000 ordinary shares of 0.1 pence each ("Ordinary Shares") at a price of 0.52 pence per share and that he had purchased on market 2,000,000 Ordinary Shares at a price of 0.52 pence per share, both transactions occurring on 18 March 2020.

Following the purchase and sale Mr. Ling continues to beneficially hold 2,295,486 Ordinary Shares, representing approximately 0.18% of the issued share capital of the Company.

 

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

1. Norman Arthur Ling

 

2. 

Reason for notification

(a) 

Position/status

1. 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 of entity

KEFI Minerals Plc

(b) 

LEI

213800OO6ETVDGE3QY15

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 0.1 pence

(b) 

Identification code

GB00BD8GP619

(c) 

Nature of the transaction

Purchase and Sale of Shares

(d) 

Price(s) and volume(s)

1.  Sale of 2,000,000 Ordinary shares

2.  Purchase of 2,000,000 Ordinary Shares

 




(e) 

Aggregated information:

- Aggregated volume

- Price

Two transaction as in 4(d) above

Share Prices(s)

Share Volume(s)

1. 0.52 pence

  2,000,000

2. 0.52 pence

  2,000,000

 

 

(f) 

Date of transaction

18 March 2020

(g) 

Place of transaction

London Stock Exchange, AIM

 

Enquiries

KEFI Minerals plc


Harry Anagnostaras-Adams (Executive Chairman)

+357 99457843

John Leach (Finance Director)

+357 99208130



SP Angel Corporate Finance LLP (Nominated Adviser and Joint Broker)

+44 (0) 20 3470 0470

Jeff Keating, Soltan Tagiev




Brandon Hill Capital Ltd (Joint Broker)

+44 (0) 20 7936 5200

Oliver Stansfield, Jonathan Evans




IFC Advisory Ltd (Financial PR and IR)

+44 (0) 20 3934 6630

Tim Metcalfe, Florence Chandler


 

Further information can be viewed at  www.kefi-minerals.com

 

 


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