TIDMKRS

RNS Number : 0950U

Keras Resources PLC

19 October 2017

Keras Resources plc / Index: AIM / Epic: KRS / Sector: Mining

19 October 2017

Keras Resources plc

("Keras" or the "Company")

Director Share Purchases

Keras Resource Plc has been notified that Mr Dave Reeves and Mr Brian Moritz, both Directors of the Company have purchased a total of 38,127,178 ordinary shares of 0.1p each ("Ordinary Shares") in the Company. Details are supplied below:

 
               Purchase  Number of          Beneficial        % of Total Voting 
                price     Ordinary           interest in       Rights in the 
                (p)       Shares Purchased   Ordinary Shares   Company following 
                                             following         purchase* 
                                             purchase 
Dave Reeves    0.375     21,333,333         353,925,051       16.5% 
Brian Moritz   0.375     16,793,845         42,627,178        2.0%

*Calculation is based on there being 2,147,527,939 Ordinary Shares in issue following the Admission of the 66,666,667 Placing Shares on 24 October 2017.

This announcement contains inside information for the purposes of Article 7 of Regulation (EU) 596/2014.

**ENDS**

For further information please visit www.kerasplc.com, follow us on Twitter @kerasplc or contact the following:

 
Dave Reeves                  Keras Resources plc                  dave@kerasplc.com 
Nominated Adviser 
Gerry Beaney/David Hignell   Northland Capital Partners Limited   +44 (0) 20 3861 6625 
Broker 
Damon Heath/Erik Woolgar     Shard Capital Partners LLP           +44 (0) 20 7186 9952 
Tom Curran/Ben Tadd          SVS Securities Plc                   +44 (0) 203 700 0093

This information is provided by RNS

The company news service from the London Stock Exchange

END

DSHFFAFSUFWSEDS

(END) Dow Jones Newswires

October 19, 2017 06:40 ET (10:40 GMT)

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