Galileo Resources PLC Director dealings
29 October 2024 - 2:45AM
RNS Regulatory News
RNS Number : 9208J
Galileo Resources PLC
28 October 2024
28
October 2024
Galileo Resources Plc
("Galileo" or the
"Company")
Director
dealings
Galileo, the exploration and
development mining company, announces that it was informed on 25
October 2024 and 28 October 2024, that Colin Bird, Executive
Chairman of Galileo and Richard Wollenberg, Non-Executive Director
acquired 2,250,000 Ordinary Shares of 0.1p in the Company
("Ordinary Shares") at an average price of 1.1652p per share and
400,000 Ordinary Shares of 0.1p at an average price of 1.11p
respectively. Following this transaction, Colin Bird is interested
in 81,705,862 Ordinary Shares representing 7.02% of the issued
share capital and Richard Wollenberg is interested in 14,225,511
Ordinary Shares representing 1.22% of the issued share
capital.
Following the acquisition of the
shares, Colin Bird's and Richard Wollenberg's interest in Galileo
is as follows:
|
|
Director
|
Purchase price of
Shares
|
Shares
purchased
|
Total Shareholding following
the purchase of Shares
|
% Shareholding in the issued
share capital
|
|
Colin Bird
|
1.1652p
|
2,250,000
|
81,705,862
|
7.02%
|
|
|
Richard Wollenberg
|
1.11p
|
400,000
|
14,225,511
|
1.22%
|
|
|
|
|
|
|
|
|
|
|
|
| |
A copy of this announcement is available on the
Company's website www.galileoresources.com.
You can also follow
Galileo on Twitter: @GalileoResource.
You can also follow Galileo on
Twitter: @GalileoResource
For further information, please
contact: Galileo Resources PLC
|
Colin Bird, Chairman
Edward Slowey, Executive
Director
|
Tel +44 (0) 20 7581 4477
Tel +353 (0) 601 4466
|
|
Beaumont Cornish Limited -
Nomad
Roland Cornish/James
Biddle
|
Tel +44 (0) 20 7628 3396
|
|
Novum Securities Limited - Joint
Broker
Colin Rowbury /Jon
Belliss
|
+44 (0) 20 7399 9400
|
|
Shard Capital Partners LLP -
Joint Broker
Damon Heath
|
Tel +44 (0) 20 7186 9952
|
The
following information relating to the transaction has been filed
with the FCA in accordance with Article 19(1) of the Market Abuse
Regulation,
|
1
|
Details of the person discharging managerial responsibilities / person closely associated
|
|
a)
|
Name
|
Colin Bird
|
|
2
|
Reason for notification
|
|
a)
|
Position / status
|
Chairman
|
|
b)
|
Initial notification
/Amendment
|
Initial
|
|
3
|
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
|
|
a)
|
Name
|
Galileo Resources plc
|
|
b)
|
LEI
|
213800KSRIVLX7BJSP45
|
|
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
|
Ordinary shares of 0.1 pence each in Galileo Resources
plc
Issue of Ordinary Shares
ISIN GB00B115T142
|
|
|
Nature of the transaction
|
Issue of Ordinary Shares
|
|
c)
|
Price(s) and volumes(s)
|
|
Price(s)
|
Volumes(s)
|
|
1.1652 pence
|
2,250,000
|
|
|
d)
|
Aggregated information
|
n/a
|
|
e)
|
Date of the transaction
|
24
October 2024
|
|
f)
|
Place of the transaction
|
On
market
|
|
1
|
Details of the person discharging managerial responsibilities / person closely associated
|
|
a)
|
Name
|
Richard Wollenberg
|
|
2
|
Reason for notification
|
|
a)
|
Position / status
|
Non-Executive Director
|
|
b)
|
Initial notification
/Amendment
|
Initial
|
|
3
|
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
|
|
a)
|
Name
|
Galileo Resources plc
|
|
b)
|
LEI
|
213800KSRIVLX7BJSP45
|
|
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
|
Ordinary shares of 0.1 pence each in Galileo Resources
plc
Issue of Ordinary Shares
ISIN GB00B115T142
|
|
|
Nature of the transaction
|
Issue of Ordinary Shares
|
|
c)
|
Price(s) and volumes(s)
|
|
Price(s)
|
Volumes(s)
|
|
1.11 pence
|
400,000
|
|
|
d)
|
Aggregated information
|
n/a
|
|
e)
|
Date of the transaction
|
24
& 28 October 2024
|
|
f)
|
Place of the transaction
|
On
market
|
|
Beaumont Cornish Limited ("Beaumont Cornish") is the Company's
Nominated Adviser and is authorised and regulated by the FCA.
Beaumont Cornish's responsibilities as the Company's Nominated
Adviser, including a responsibility to advise and guide the Company
on its responsibilities under the AIM Rules for Companies and AIM
Rules for Nominated Advisers, are owed solely to the London Stock
Exchange. Beaumont Cornish is not acting for and will not be
responsible to any other persons for providing protections afforded
to customers of Beaumont Cornish nor for advising them in relation
to the proposed arrangements described in this announcement or any
matter referred to in it.
END
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DSHBUBDGSXDDGSI
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