Anglo Pacific Group PLC Announces Director Share Dealings in Company
LONDON, July 7, 2021 - Anglo Pacific Group PLC ('Anglo Pacific', the 'Company') (LSE:APF)(TSX:APY) announces that it received notification of the following transactions by Kings Chapel International Limited, a Person Closely Associated ('PCA') with Mr. Julian Treger, Chief Executive Officer of the Company.
On 2 July 2021, Kings Chapel International Limited, sold 108,000 ordinary shares of 2 pence each in the Company ('Shares') at an average approximate price of 140.00p per share. Kings Chapel International Limited, sold a further 200,000 Shares at an average approximate price of 140.00p per share on 5 July 2021 and 92,000 Shares at an average approximate price of 140.00p per share on 6 July 2021.
These transactions reduce Mr. Treger's interest to 81% of his pre-existing beneficial holding of Shares in line with the Company's announcement on 30 June 2021, which disclosed Mr. Treger's intention to retain at least 75% of his pre-existing beneficial holding of Shares.
Following this notification, the total beneficial holding of Shares by Mr. Treger and persons closely associated with him is 3,874,951 Shares, representing 1.81% of the issued ordinary share capital of the Company.
The transactions took place on the London Stock Exchange.
Directors' Share Dealings - Further information
The notifications below, made in accordance with the requirements of the UK version of the Market Abuse Regulation (596/2014/EU)[1], provides further detail in respect of the transactions as described at the beginning of this announcement.
| 1. | Details of the person discharging managerial responsibilities / person closely associated | |
| a. | Name | Kings Chapel International Limited |
| 2. | Reason for the notification | |
| a. | Position/status | Person closely associated with Mr. Julian Treger, Chief Executive Officer of Anglo Pacific Group PLC |
| b. | Initial notification/Amendment | Initial Notification |
| 3. | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | |
| a. | Name | Anglo Pacific Group PLC |
| b. | Legal Entity Identifier code | 213800LXSV317746JZ71 |
| 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 | 2p Ordinary Shares GB0006449366 |
| b. | Nature of the transaction | Sale of Shares |
| c. | Price(s) and volume(s) | Price(s) Volume(s) 140.00p 108,000 140.00p 200,000 140.00p 92,000 |
| d. | Aggregated information · Aggregated volume · Price | 400,000
|
| e. | Date of the transaction | 2 July 2021, 5 July 2021 and 6 July 2021 |
| f. | Place of the transaction | London Stock Exchange, Main Market (XLON) |
[1]This is part of UK law by virtue of the European Union Withdrawal Act 2018.
For further information:
| +44 (0) 20 3435 7400 | |
| Julian Treger - Chief Executive Officer Kevin Flynn - Chief Financial Officer | |
| Website: | www.anglopacificgroup.com |
| Berenberg | +44 (0) 20 3207 7800 |
| Matthew Armitt / Jennifer Wyllie / Detlir Elezi | |
| Peel Hunt LLP | +44 (0) 20 7418 8900 |
| Ross Allister / Alexander Allen / David McKeown | |
| RBC Capital Markets | +44 (0) 20 7653 4000 |
| Farid Dadashev / Marcus Jackson / Jamil Miah | |
| Capital Market Communications Limited (Camarco) | +44 (0)20 3757 4997 |
| Gordon Poole / Owen Roberts / James Crothers |
Notes to Editors
About the Company
Anglo Pacific Group PLC is a global natural resources royalty and streaming company. The Company's strategy is to become a leading natural resources company through investing in high quality projects in preferred jurisdictions with trusted counterparties, underpinned by strong ESG principles. It is a continuing policy of the Company to pay a substantial portion of these royalties and streams to shareholders as dividends.
[1]This is part of UK law by virtue of the European Union Withdrawal Act 2018.
This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.
SOURCE: Anglo Pacific Group PLC
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