KEFI Minerals plc Director Dealing (7643G)
19 March 2020 - 6:49PM
UK Regulatory
TIDMKEFI
RNS Number : 7643G
KEFI Minerals plc
19 March 2020
19 March 2020
KEFI Minerals plc ("KEFI" or the "Company")
Director Dealing
KEFI Minerals (AIM: KEFI), the gold exploration and development
company with projects in the Kingdom of Saudi Arabia and the
Democratic Republic of Ethiopia, was notified on 18 March 2020 by
the Company's non-executive director, Norman Ling, that he sold on
market 2,000,000 ordinary shares of 0.1 pence each ("Ordinary
Shares") at a price of 0.52 pence per share and that he had
purchased on market 2,000,000 Ordinary Shares at a price of 0.52
pence per share, both transactions occurring on 18 March 2020.
Following the purchase and sale Mr. Ling continues to
beneficially hold 2,295,486 Ordinary Shares, representing
approximately 0.18% of the issued share capital of the Company.
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) Full name of person 1. Norman Arthur Ling
Dealing
--------------------------- -------------------------------------------
2. Reason for notification
------------------------------------------------------------------------
(a) Position/status 1. Non- Executive Director
--------------------------- -------------------------------------------
(b) Initial notification/ Initial notification
Amendment
--------------------------- -------------------------------------------
3. Details of the issuer, emission allowance market participant,
auction platform, auctioneer or auction monitor
------------------------------------------------------------------------
(a) Name of entity KEFI Minerals Plc
--------------------------- -------------------------------------------
(b) LEI 213800OO6ETVDGE3QY15
--------------------------- -------------------------------------------
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 Ordinary shares of 0.1 pence
the financial instrument,
type of instrument
--------------------------- -------------------------------------------
(b) Identification GB00BD8GP619
code
--------------------------- -------------------------------------------
(c) Nature of the transaction Purchase and Sale of Shares
--------------------------- -------------------------------------------
(d) Price(s) and volume(s) 1. Sale of 2,000,000 Ordinary
shares
2. Purchase of 2,000,000
Ordinary Shares
--------------------------- -------------------------------------------
(e) Aggregated information: Two transaction as in 4(d) above
- Aggregated volume Share Prices(s) Share Volume(s)
- Price 1. 0.52
pence 2,000,000
----------------
2. 0.52
pence 2,000,000
----------------
--------------------------- -------------------------------------------
(f) Date of transaction 18 March 2020
--------------------------- -------------------------------------------
(g) Place of transaction London Stock Exchange, AIM
--------------------------- -------------------------------------------
Enquiries
KEFI Minerals plc
Harry Anagnostaras-Adams (Executive Chairman) +357 99457843
John Leach (Finance Director) +357 99208130
SP Angel Corporate Finance LLP (Nominated +44 (0) 20 3470
Adviser and Joint Broker) 0470
Jeff Keating, Soltan Tagiev
+44 (0) 20 7936
Brandon Hill Capital Ltd (Joint Broker) 5200
Oliver Stansfield, Jonathan Evans
+44 (0) 20 3934
IFC Advisory Ltd (Financial PR and IR) 6630
Tim Metcalfe, Florence Chandler
Further information can be viewed at www.kefi-minerals.com
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END
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