Strategic Minerals PLC PDMR Dealing (0231H)
02 June 2017 - 9:33PM
UK Regulatory
TIDMSML
RNS Number : 0231H
Strategic Minerals PLC
02 June 2017
2 June 2017
Strategic Minerals plc
("Strategic Minerals" or the "Company" or "SML")
PDMR Dealing
The announcement released by Strategic Minerals today entitled
"PDMR Dealing" at 11:01 am (RNS number 0059H) incorrectly stated
the dealing date.
The remainder of the announcement is unchanged.
The full corrected text of the announcement is as follows: -
Strategic Minerals plc (AIM: SML; USOTC: SMCDY), the diversified
mineral production and development company, announces that Mrs.
Kathleen Anne McInally, wife of Mr. Julien McInally, Chief
Financial Officer of the Company, yesterday sold 2,137,505 ordinary
shares of 0.1 pence each in the Company ("Ordinary Shares") at a
price of 2.4 pence per share.
Market Abuse Regulation (MAR) Disclosure
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: Mrs. Kathleen Anne
McInally
--- -------------------------------- -----------------------------------------
2. Reason for the notification
--- ---------------------------------------------------------------------------
a) Position/status: Wife of Mr. Julien
McInally, Chief Financial
Officer
--- -------------------------------- -----------------------------------------
b) Initial notification/Amendment: Initial notification
--- -------------------------------- -----------------------------------------
3. Details of the issuer, emission allowance
market participant, auction platform, auctioneer
or auction monitor
--- ---------------------------------------------------------------------------
a) Name: Strategic Minerals
plc
--- -------------------------------- -----------------------------------------
b) LEI: 213800DICA5NPVOJT776
--- -------------------------------- -----------------------------------------
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 of
financial instrument, 0.1p each
type of instrument:
Identification code: GB00B4W8PD74
--- -------------------------------- -----------------------------------------
b) Nature of the transaction: Sale of Ordinary Shares
--- -------------------------------- -----------------------------------------
c) Price(s) and volume(s): Price(s) Volume(s)
------------ -----------
2.4 pence 637,505
2.4 pence 1,000,000
2.4 pence 500,000
------------ -----------
--- -------------------------------- -----------------------------------------
d) Aggregated information: Single transaction
Aggregated volume: as in 4 c) above Price(s) Volume(s)
Price: ----------- ----------
2.4 pence 2,137,505
----------- ----------
--- -------------------------------- -----------------------------------------
e) Date of the transaction: 1 June 2017
07:00hrs UTC (637,505
shares)
10:42hrs UTC (1,000,000
shares)
15:26hrs UTC (500,000
shares)
--- -------------------------------- -----------------------------------------
f) Place of the transaction: London Stock Exchange,
AIM (XLON)
--- -------------------------------- -----------------------------------------
For further information, please contact:
Strategic Minerals plc
John Peters
Managing Director
www.strategicminerals.net
Follow Strategic Minerals on:
Twitter: @SML_Minerals
LinkedIn: www.linkedin.com/company/strategic-minerals-plc +61 (0) 414
Facebook: www.facebook.com/Strategic-Minerals-PLC-296612634111414/ 727 965
SP Angel Corporate Finance LLP
Nominated Adviser and Joint Broker +44 (0)20
Ewan Leggat 3470 0470
Optiva Securities Limited
Joint Broker +44 (0)20
Graeme Dickson 3411 1880
Yellow Jersey PR
Financial PR
Felicity Winkles
Alistair de Kare-Silver +44 (0)7825
Joe Burgess 916 715
Notes to Editors
Strategic Minerals Plc is an AIM-quoted, diversified mineral
development and production company with projects in the United
States of America, the UK and Australia. The Company is focused on
acquiring and developing cash generative, high quality projects
which meet local market demand for commodities and utilising this
cash flow to undertake value added exploration.
In September 2011, Strategic Minerals purchased its first cash
generating asset; the Cobre magnetite tailings dam project in New
Mexico, USA which it brought into production in 2012 and which
continues to provide a revenue stream for the Company. The
portfolio was expanded in January 2016 with the acquisition of
shares in Central Australian Rare Earths Pty Ltd, which holds
tenements in Western Australia and the Northern Territory that are
prospective for cobalt, gold, nickel sulphides and rare earths. The
Company has since acquired all shares in Central Australian Rare
Earths Pty Ltd. In May 2016, an additional exploration asset was
acquired when the company entered into an agreement with New Age
Exploration Limited to acquire up to 50% of the Redmoor
Tin/Tungsten project in Cornwall, UK. This 50% acquisition has now
been completed and drilling at the project has commenced.
This information is provided by RNS
The company news service from the London Stock Exchange
END
DSHFTMBTMBJMBBR
(END) Dow Jones Newswires
June 02, 2017 07:33 ET (11:33 GMT)
Strategic Minerals (LSE:SML)
Historical Stock Chart
From Apr 2024 to May 2024
Strategic Minerals (LSE:SML)
Historical Stock Chart
From May 2023 to May 2024