African Pioneer PLC Director's Dealings and Shareholder Interest (5420Y)
03 January 2024 - 10:48PM
UK Regulatory
TIDMAFP
RNS Number : 5420Y
African Pioneer PLC
03 January 2024
3 January 2024
African Pioneer Plc
("African Pioneer" or the "Company")
Director's Dealings & Shareholder Interest
African Pioneer (TIDM: AFP), the copper-gold exploration and
development company, announces that it has been notified by M&A
Wealth Pty Ltd, a member of the Concert Party, that on 29 December
2023 and 3 January 2024 it has sold a total of 1,125,000 ordinary
shares of no par value each in the Company ("Shares") ("Share
Sale") reducing its shareholding in the Company to 1,875,000 Shares
representing 0.82% of the Company's issued share capital ("Total
Voting Rights"). Of the Shares sold by M&A Wealth 375,000
Shares representing in aggregate 0.164% of the Total Voting Rights
were acquired by the Company's Director Colin Bird at 1.6 pence
("Director's Share Purchase"). As a result of the Share Sale and
the Director's Share Purchase, the aggregated Concert Party
interest has reduced from 44.8% to 44.49%.
Directors' updated shareholdings: The table below shows the
current shareholdings of Directors and their related parties as a
percentage of Total Voting Rights after the Director's Share
Purchase:
Shareholdings
--------------------------------------------------
Director & Position Current Director's Updated % of Issued
Share Purchase shareholding Share Capital
-------------------------------- ----------- --------------------- -------------- ---------------
Colin Bird: Chairman 24,117,284 375,000 24,492,284 10.74%
Raju Samtani: Finance Director 18,395,061 - 18,395,061 8.07%
Christian Cordier Director 17,222,222 - 17,222,222 7.55%
Kjeld Thygesen: Non Executive 1,033,334 - 1,033,334 0.45%
James Cunnigham Davis: - - - Nil
Non Executive
For further information, please contact:
African Pioneer Plc Tel +44 (0) 20 7581 4477
Colin Bird, Chairman
Beaumont Cornish Limited (Financial Tel +44 (0) 20 7628 3396
Adviser)
Roland Cornish/Asia Szusciak
Novum Securities Limited (Broker) Tel +44 (0) 20 7399 9400
Jon Belliss
or visit https://africanpioneerplc.com/
The information contained within this announcement is deemed by
the Company to constitute inside information as stipulated under
the Market Abuse Regulations (EU) No. 596/2014 as it forms part
of UK Domestic Law by virtue of the European Union (Withdrawal)
Act 2018 ("UK MAR").
PDMR Notification Forms :
The notifications below are made in accordance with the requirements
of MAR.
1. Details of the person discharging managerial responsibilities
/ person closely associated
a) Name Colin Bird
-------------------------------- ----------------------------------
2. Reason for the Notification
--------------------------------------------------------------------
a) Position/status Executive Chairman & Director
-------------------------------- ----------------------------------
b) Initial notification/amendment Initial notification
-------------------------------- ----------------------------------
3. Details of the issuer, emission allowance market participant,
auction platform, auctioneer or auction monitor
--------------------------------------------------------------------
a) Name African Pioneer PLC
-------------------------------- ----------------------------------
b) LEI 213800QQF8O18CMJPW43
-------------------------------- ----------------------------------
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 with no par value
instrument, type of instrument
-------------------------------- ----------------------------------
Identification code ISIN: IM00B8C0HK22
TIDM: AFP
-------------------------------- ----------------------------------
b) Nature of the Transaction Purchase of shares for GBP6,000
-------------------------------- ----------------------------------
c) Price(s) and volume(s)
No. of Shares 375,000
----------
Price 1.6 pence
----------
-------------------------------- ----------------------------------
d) Aggregated information
Aggregated volume n/a
-------------------------------- ----------------------------------
e) Date of the transaction 29 December 2023
-------------------------------- ----------------------------------
f) Place of the transaction XLON
-------------------------------- ----------------------------------
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END
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January 03, 2024 06:48 ET (11:48 GMT)
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