Stratex International PLC Director's Shareholding (1337I)
19 March 2018 - 9:40PM
UK Regulatory
TIDMSTI
RNS Number : 1337I
Stratex International PLC
19 March 2018
Stratex International Plc
('Stratex' or 'the Company')
Director's Shareholding
Stratex, the AIM-quoted gold-focused exploration and development
company in Turkey and Africa, has been notified that Tim Livesey,
the Company's CEO, has today purchased 1,890,141 ordinary shares in
the Company at 0.74 p per share.
Mr Livesey now holds 1,890,141 shares in the Company which
equates to 0.40% of the issued share capital. He also holds
6,000,000 share options.
** ENDS **
The information contained within this announcement is deemed by
the Company to constitute inside information as stipulated under
the Market Abuse Regulations (EU) No. 596/2014. Following the
publication of this announcement, this inside information is now
considered to be in the public domain.
For further information please visit
www.stratexinternational.com, @StratexPLC on Twitter,
or contact:
Stratex International Tel: +44 (0)20
Plc 830 9650
Tim Livesey / Claire
Bay
Camarco (IR/PR Tel: +44 (0)20
Contact) 3757 4980
Gordon Poole /
Nick Hennis / Monique
Perks
Grant Thornton Tel: +44 (0)20
UK LLP 7383 5100
Samantha Harrison
Hannam & Partners Tel: +44 (0)20
7907 8500
Neil Passmore /
Andrew Chubb
Notes to Editors:
Since listing in 2006, Stratex has discovered more than 2.2
million ounces of gold and 7.09 million ounces of silver, as well
as 186,000 tonnes of copper. The Company owns an exciting
exploration project in Senegal on which it has signed an option
earn-in agreement with IAMGOLD and 14.87% of a copper-gold project
at feasibility stage in Turkey, which will likely default to a 1.2%
(post-Turkish tax) royalty position during H1-2018. The Company
also has significant interests in Thani Stratex Resources Ltd,
Tembo Gold Corp. and Aforo Resources Limited for their exploration
projects in Djibouti and Egypt, Tanzania and Burkina Faso,
respectively. The Company is currently pursuing value-accretive
opportunities within its existing portfolio as well as identifying
new value-appropriate projects in Africa and Europe.
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
Timothy James Livesey
---- ------------------------------ ---------------------------------------
2 Reason for the notification
---- -----------------------------------------------------------------------
a) Position/status Chief Executive Officer
---- ------------------------------ ---------------------------------------
b) Initial notification Initial notification
/Amendment
---- ------------------------------ ---------------------------------------
3 Details of the issuer, emission allowance
market participant, auction platform, auctioneer
or auction monitor
---- -----------------------------------------------------------------------
a) Name Stratex International PLC
---- ------------------------------ ---------------------------------------
b) LEI 213800X32GJR5AGAR511
---- ------------------------------ ---------------------------------------
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 1 pence
the financial each in the capital of the
instrument, type Company
of instrument
----
Identification Ordinary share ISIN: GB00B0T29327
code
b) Nature of the Purchase of ordinary shares.
transaction
---- ------------------------------ ---------------------------------------
c) Price(s) and volume(s)
---- ----------------- -----------------
Price(s) Volume(s)
---- ----------------- -----------------
0.74 1,890,141
----------------- -----------------
d) Aggregated information
----
- Aggregated volume n/a
- Price
e) Date of the transaction 19(th) March 2018
---- ------------------------------ ---------------------------------------
f) Place of the transaction London Stock Exchange
---- ------------------------------ ---------------------------------------
This information is provided by RNS
The company news service from the London Stock Exchange
END
DSHGGURWWUPRGUB
(END) Dow Jones Newswires
March 19, 2018 06:40 ET (10:40 GMT)
Stratex (LSE:STI)
Historical Stock Chart
From Apr 2024 to May 2024
Stratex (LSE:STI)
Historical Stock Chart
From May 2023 to May 2024