Anglo Asian Mining PLC Director/PDMR Shareholding (1475T)
22 November 2021 - 10:56PM
UK Regulatory
TIDMAAZ
RNS Number : 1475T
Anglo Asian Mining PLC
22 November 2021
Anglo Asian Mining plc / Ticker: AAZ / Index: AIM / Sector
Mining
22 November 2021
Anglo Asian Mining plc
Director Dealing
Anglo Asian Mining plc ("Anglo Asian" or the "Company"), the
AIM-listed gold, copper and silver producer focused in Azerbaijan,
announces that it was notified on Friday, 19 November 2021, that a
director, Khosrow Zamani, Non-executive chairman purchased a total
of 39,630 ordinary shares of 1 pence each in the capital of the
Company ("Ordinary Shares") at an average price of 116.61 pence per
Ordinary Share.
Following these transactions, Khosrow Zamani holds a beneficial
interest in 1,457,982 Ordinary Shares representing approximately
1.27 per cent. of the Company's issued share capital.
Market Abuse Regulation (MAR) Disclosure
This announcement contains inside information for the purposes
of Article 7 of the Market Abuse Regulation (EU) 596/2014 as it
forms part of UK domestic law by virtue of the European Union
(Withdrawal) Act 2018 ("MAR"), and is disclosed in accordance with
the Company's obligations under Article 17 of MAR.
NOTIFICATION AND PUBLIC DISCLOSURE OF TRANSACTIONS BY DIRECTORS
AND PERSONS CLOSELY ASSOCIATED WITH THEM.
1. Details of the person director
a) Name: Khosrow Zamani
------------------------------------- ----------------------------
2. Reason for the notification
-------------------------------------------------------------------
a) Position/status: Non-executive chairman
(board)
------------------------------------- ----------------------------
b) Initial notification/Amendment: Initial notification
------------------------------------- ----------------------------
3. Details of the issuer, emission allowance market participant,
auction platform, auctioneer or auction monitor
-------------------------------------------------------------------
a) Name: Anglo Asian Mining
plc
------------------------------------- ----------------------------
b) LEI: 213800F9JM669WH34359
------------------------------------- ----------------------------
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 Ordinary shares of
instrument, type of instrument: 1 pence each
Identification code: GB00B0C18177
------------------------------------- ----------------------------
b) Nature of the transaction: Purchase of shares
------------------------------------- ----------------------------
c) Price(s) and volume(s): Price(s) Volume(s)
GBP1.1500 10,000
GBP1.1740 23,000
GBP1.1632 6,630
------------------------------------- ----------------------------
d) Aggregated information: Price(s) Volume(s)
Aggregated volume: GBP1.1661 39,630
Price: ----------
------------------------------------- ----------------------------
e) Date of the transaction: 16:32 UTC, 17 November
2021
16:31 UTC, 18 November
2021
12:08 UTC, 19 November
2021
------------------------------------- ----------------------------
f) Place of the transaction: London Stock Exchange,
AIM Market
------------------------------------- ----------------------------
**ENDS**
For further information please contact:
Reza Vaziri Anglo Asian Mining plc Tel: +994 12 596 3350
Tel: +994 502 910
Bill Morgan Anglo Asian Mining plc 400
--------------------------- ----------------------
Tel: +994 502 916
Stephen Westhead Anglo Asian Mining plc 894
--------------------------- ----------------------
Ewan Leggat SP Angel Corporate Finance Tel: +44 (0) 20 3470
LLP 0470
Nominated Adviser and
Broker
--------------------------- ----------------------
Adam Cowl SP Angel Corporate Finance Tel + 44 (0) 20 3470
LLP 0470
Nominated Adviser and
Broker
--------------------------- ----------------------
Charlie Jack Hudson Sandler Tel: +44(0) 20 7796
4133
--------------------------- ----------------------
Elfie Kent Hudson Sandler Tel: +44(0) 20 7796
4133
--------------------------- ----------------------
Notes to editors:
Anglo Asian Mining plc (AIM:AAZ) is a gold, copper and silver
producer in Central Asia with a broad portfolio of production and
exploration assets in Azerbaijan. The Company produced 67,249 gold
equivalent ounces ("GEOs") for the year ended 31 December 2020. The
Company has a production target for the year to 31 December 2021 of
48,000 ounces to 54,000 ounces of gold and 2,500 tonnes to 2,800
tonnes of copper. This total production target expressed as gold
equivalent ounces ("GEOs") at budgeted prices is between 64,000
GEOs and 72,000 GEOs.
The Company has recently announced a transaction with the
Government of Azerbaijan which grants it three additional
concessions with a combined area of 882 square kilometers which
include the Garadagh porphyry copper deposit with a Soviet
classified resource of over 300,000 tonnes of copper. The
transaction is subject to ratification by the parliament of
Azerbaijan.
https://www.angloasianmining.com/
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END
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