TIDMFAR

RNS Number : 1676U

Ferro-Alloy Resources Limited

21 November 2023

This announcement contains inside information for the purposes of Article 7 of EU Regulation No. 596/2014, which forms part of United Kingdom domestic law by virtue of the European Union (Withdrawal) Act 2018 (as amended).

21 November 2023

Ferro-Alloy Resources Limited

("Ferro-Alloy" or "the Company")

Director Share Purchase

Ferro-Alloy Resources Limited (LSE:FAR), the vanadium producer and developer of the large Balasausqandiq vanadium deposit in Southern Kazakhstan, is pleased to announce that it has been informed that on 21 November 2023, James Turian, non-executive director, purchased 55,288 ordinary shares in the Company at a price of 9.375p per ordinary share.

Following this purchase Mr Turian has a beneficial interest of 500,000 ordinary shares representing 0.1% of the issued share capital of the Company.

- Ends -

   For further information,   visit   www.ferro-alloy.com   or   contact: 
 
 Ferro-Alloy Resources        Nick Bridgen (CEO)        info@ferro-alloy.com 
  Limited                      / William Callewaert 
                               (CFO) 
 Shore Capital                Toby Gibbs/Lucy Bowden 
  (Joint Corporate Broker)                              +44 207 408 4090 
  Liberum Capital Limited      Scott Mathieson/Kane 
  (Joint Corporate Broker)     Collings                  +44 20 3100 2000 
 St Brides Partners 
  Limited 
  (Financial PR & IR          Catherine Leftley/Ana 
  Adviser)                     Ribeiro                  +44 207 236 1177

Details of the full notifications received by the Company are set out below:

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)    Name                                     James Harry Turian 
      ---------------------------------------  ------------------------------------------- 
 2     Reason for the notification 
      ------------------------------------------------------------------------------------ 
 a)    Position/status                          Non-Executive Director of Ferro-Alloy 
                                                 Resources Limited 
      ---------------------------------------  ------------------------------------------- 
 b)    Initial notification                     Initial notification 
        /Amendment 
      ---------------------------------------  ------------------------------------------- 
 3     Details of the issuer, emission allowance market participant, 
        auction platform, auctioneer or auction monitor 
      ------------------------------------------------------------------------------------ 
 a)    Name                                     FERRO-ALLOY RESOURCES LIMITED 
      ---------------------------------------  ------------------------------------------- 
 b)    LEI                                      2138003T5CF6U9W7Z780 
      ---------------------------------------  ------------------------------------------- 
 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                       Ordinary Shares 
        financial instrument, 
        type of instrument 
 
       Identification code                      GG00BGDYDZ69 
 
 b)    Nature of the transaction                Share purchase 
      ---------------------------------------  ------------------------------------------- 
 c)    Price(s) and volume(s) 
                                                -------------------  ------------------- 
                                                 Price(s)             Volume(s) 
                                                -------------------  ------------------- 
                                                 9.375p               55,288 
                                                -------------------  ------------------- 
 
 d)    Aggregated information 
 
  - Aggregated volume                      N/A Single transaction 
 
  - Price 
 
 e)    Date of the transaction                  21 November 2023 
      ---------------------------------------  ------------------------------------------- 
 f)    Place of the transaction                 London Stock Exchange 
      ---------------------------------------  -------------------------------------------

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END

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November 21, 2023 07:17 ET (12:17 GMT)

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