TIDMBZM

RNS Number : 8279L

Bellzone Mining PLC

23 April 2018

Bellzone Mining plc

Share Awards and Director/PDMR Shareholding

Further to the announcement made on 26 January 2018, Bellzone Mining plc ("Bellzone" or the "Company") (AIM: BZM) confirms that the first tranche of share awards, amounting to 8,644,800 fully paid Ordinary Shares of no par value ("Ordinary Shares"), vested today. The shares were awarded from existing issued shares held by the Company in Treasury.

The below PDMRs (Persons Discharging Managerial Responsibilities) received Ordinary Shares as part of the awards that vested today:

 
 Name             Title                Number of Ordinary    Total number of 
                                          Shares vested      Ordinary Shares 
                                           on 23 April             held 
                                              2018           on 23 April 2018 
---------------  -------------------  -------------------  ------------------ 
 Julian Cheong    CEO and CFO              4,200,660            4,200,660 
---------------  -------------------  -------------------  ------------------ 
                  Head of Corporate 
 Simon Edwards     Development             1,963,500            2,412,999 
---------------  -------------------  -------------------  ------------------ 
 

The second share awards, also amounting to 8,644,800 Ordinary Shares, will vest on 23 July 2018. The total of 17,289,600 Ordinary Shares being awarded from Treasury represent 1.08 per cent. of the total issued share capital of the Company which is unchanged at 1,597,858,383 Ordinary Shares.

The total voting rights in the Company ("TVR"), have increased by 8,644,800 from 1,565,200,413 to 1,573,845,213 and this figure may be used by shareholders as the denominator for the calculations by which they determine if they are required to notify their interest in, or a change in their interest in, the Company under the Disclosure and Transparency Rules of the UK Financial Conduct Authority.

Following the awards vesting today Bellzone continues to hold 24,013,170 Ordinary Shares in Treasury. The TVR will increase in July 2018 when second awards vest and the resulting TVR will be announced at that time.

Enquiries:

 
 Bellzone Mining plc 
 Simon Edwards                       +44 (0) 7767 492 712 
                                      simon.edwards@bellzone.com 
 
 WH Ireland Limited 
 Nominated Advisor & Joint Broker 
 James Joyce / Jessica Cave          +44 (0) 20 7220 1666 
 SVS Securities plc 
 Joint Broker 
  Tom Curran                          +44 (0) 20 3700 0100 
 

The notifications below are made in accordance with the requirements of the EU Market Abuse Regulation.

DIRECTOR/PDMR SHAREHOLDING

 
 1    Details of the person discharging managerial responsibilities/person closely associated 
---  ----------------------------------------------------------------------------------------------- 
 a)   Name                                                           Julian Cheong 
---  -------------------------------------------------------------  -------------------------------- 
 2    Reason for the notification 
---  ----------------------------------------------------------------------------------------------- 
 a)   Position/status                                                CEO and CFO 
---  -------------------------------------------------------------  -------------------------------- 
 b)   Initial notification/ Amendment                                Initial Notification 
---  -------------------------------------------------------------  -------------------------------- 
 3    Details of the issuer, emission allowance market participant, auction platform, auctioneer 
       or auction monitor 
---  ----------------------------------------------------------------------------------------------- 
 a)   Name                                                           Bellzone Mining plc 
---  -------------------------------------------------------------  -------------------------------- 
 b)   LEI                                                            213800X7MWNMIC3IUM94 
---  -------------------------------------------------------------  -------------------------------- 
 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 
 
       Identification code                                            JE00B3N0SJ29 
---  -------------------------------------------------------------  -------------------------------- 
 b)   Nature of the transaction                                      Vesting of share awards 
---  -------------------------------------------------------------  -------------------------------- 
 c)   Price(s) and volume(s)                                          Price   Volume 
                                                                      ------  ---------- 
                                                                       1.25p   4,200,660 
                                                                      ------  ---------- 
---  -------------------------------------------------------------  -------------------------------- 
 d)    Aggregated information 
         *    Aggregated volume                                        N/A - single transaction 
 
 
         *    Price 
---  -------------------------------------------------------------  -------------------------------- 
 e)   Date of the transaction                                        23 April 2018 
---  -------------------------------------------------------------  -------------------------------- 
 f)   Place of the transaction                                       London 
---  -------------------------------------------------------------  -------------------------------- 
 
 
 1    Details of the person discharging managerial responsibilities/person closely associated 
---  ----------------------------------------------------------------------------------------------- 
 a)   Name                                                           Simon Edwards 
---  -------------------------------------------------------------  -------------------------------- 
 2    Reason for the notification 
---  ----------------------------------------------------------------------------------------------- 
 a)   Position/status                                                Head of Corporate Development 
---  -------------------------------------------------------------  -------------------------------- 
 b)   Initial notification/ Amendment                                Initial Notification 
---  -------------------------------------------------------------  -------------------------------- 
 3    Details of the issuer, emission allowance market participant, auction platform, auctioneer 
       or auction monitor 
---  ----------------------------------------------------------------------------------------------- 
 a)   Name                                                           Bellzone Mining plc 
---  -------------------------------------------------------------  -------------------------------- 
 b)   LEI                                                            213800X7MWNMIC3IUM94 
---  -------------------------------------------------------------  -------------------------------- 
 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 
 
       Identification code                                            JE00B3N0SJ29 
---  -------------------------------------------------------------  -------------------------------- 
 b)   Nature of the transaction                                      Vesting of share awards 
---  -------------------------------------------------------------  -------------------------------- 
 c)   Price(s) and volume(s)                                          Price   Volume 
                                                                      ------  ---------- 
                                                                       1.25p   1,963,500 
                                                                      ------  ---------- 
---  -------------------------------------------------------------  -------------------------------- 
 d)    Aggregated information                                        N/A - single transaction 
         *    Aggregated volume 
 
 
         *    Price 
---  -------------------------------------------------------------  -------------------------------- 
 e)   Date of the transaction                                        23 April 2018 
---  -------------------------------------------------------------  -------------------------------- 
 f)   Place of the transaction                                       London 
---  -------------------------------------------------------------  -------------------------------- 
 

This information is provided by RNS

The company news service from the London Stock Exchange

END

DSHFKNDNQBKDOQB

(END) Dow Jones Newswires

April 23, 2018 10:43 ET (14:43 GMT)

Bellzone Mining (LSE:BZM)
Historical Stock Chart
From Apr 2024 to May 2024 Click Here for more Bellzone Mining Charts.
Bellzone Mining (LSE:BZM)
Historical Stock Chart
From May 2023 to May 2024 Click Here for more Bellzone Mining Charts.