TIDMTUNG

RNS Number : 0407W

Tungsten Corporation PLC

27 July 2018

TUNGSTEN CORPORATION PLC

("Tungsten" or the "Company")

For Immediate Release

27 July 2018

Grant of Share Options

Notification of dealings in shares of Tungsten Corporation plc by Directors and/or other PDMR's of the Company.

 
1.    Details of the person discharging managerial responsibilities / person 
       closely associated 
 
(a)    Name                        Mr Richard Hurwitz 
      --------------------------  --------------------------------------------------- 
2.     Reason for the notification 
      ------------------------------------------------------------------------------- 
(b)    Position / status           Chief Executive Officer 
      --------------------------  --------------------------------------------------- 
(c)    Initial notification        Initial notification 
        / amendment 
      --------------------------  --------------------------------------------------- 
3.     Details of the issuer, emission allowance market participant, 
        auction platform, auctioneer or auction monitor 
      ------------------------------------------------------------------------------- 
(a)    Name                        Tungsten Corporation plc 
      --------------------------  --------------------------------------------------- 
(b)    LEI                         N/A 
      --------------------------  --------------------------------------------------- 
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              Grant of share options to acquire ordinary 
        the financial               shares of 0.438 pence per share under the US 
        instrument, type            Stock Option Plan 
        of instrument 
        Identification 
        code 
      --------------------------  --------------------------------------------------- 
(b)    Nature of the               Grant of share options under the US Stock Option 
        transaction                 Plan 
      --------------------------  --------------------------------------------------- 
(c)    Price(s) and                 Price(s)                   Volume(s) 
        volume(s)                    Exercise price = 52.56p    400,000 
                                                               ---------- 
      --------------------------  --------------------------------------------------- 
(d)    Aggregated information     Exercise Price: 52.56p 
        Aggregated volume          Volume: 400,000 
        Price 
      --------------------------  --------------------------------------------------- 
(e)    Date of the transaction    2018-07-26 GMT 
      --------------------------  --------------------------------------------------- 
(f)    Place of the               Outside a trading venue 
        transaction 
      --------------------------  --------------------------------------------------- 
 
 
 
1.    Details of the person discharging managerial responsibilities / person 
       closely associated 
 
(a)    Name                        Mr David Williams 
      --------------------------  --------------------------------------------------- 
2.     Reason for the notification 
      ------------------------------------------------------------------------------- 
(b)    Position / status           Chief Financial Officer 
      --------------------------  --------------------------------------------------- 
(c)    Initial notification        Initial notification 
        / amendment 
      --------------------------  --------------------------------------------------- 
3.     Details of the issuer, emission allowance market participant, 
        auction platform, auctioneer or auction monitor 
      ------------------------------------------------------------------------------- 
(a)    Name                        Tungsten Corporation plc 
      --------------------------  --------------------------------------------------- 
(b)    LEI                         N/A 
      --------------------------  --------------------------------------------------- 
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 
      ------------------------------------------------------------------------------- 
(d)    Description of              Grant of share options to acquire ordinary 
        the financial               shares of 0.438 pence per share under the UK 
        instrument, type            Share Option Scheme 
        of instrument 
        Identification 
        code 
      --------------------------  --------------------------------------------------- 
(e)    Nature of the               Grant of share options under the UK Share Option 
        transaction                 Scheme 
      --------------------------  --------------------------------------------------- 
(f)    Price(s) and                 Price(s)                   Volume(s) 
        volume(s)                    Exercise price = 52.56p    50,000 
                                                               ---------- 
      --------------------------  --------------------------------------------------- 
(g)    Aggregated information     Exercise Price: 52.56p 
        Aggregated volume          Volume: 50,000 
        Price 
      --------------------------  --------------------------------------------------- 
(h)    Date of the transaction    2018-07-26 GMT 
      --------------------------  --------------------------------------------------- 
(i)    Place of the               Outside a trading venue 
        transaction 
      --------------------------  --------------------------------------------------- 
 
 
 
1.    Details of the person discharging managerial responsibilities / person 
       closely associated 
 
(a)    Name                        Mr Patrick Clark 
      --------------------------  --------------------------------------------------- 
2.     Reason for the notification 
      ------------------------------------------------------------------------------- 
(b)    Position / status           General Counsel and Company Secretary 
      --------------------------  --------------------------------------------------- 
(c)    Initial notification        Initial notification 
        / amendment 
      --------------------------  --------------------------------------------------- 
3.     Details of the issuer, emission allowance market participant, 
        auction platform, auctioneer or auction monitor 
      ------------------------------------------------------------------------------- 
(a)    Name                        Tungsten Corporation plc 
      --------------------------  --------------------------------------------------- 
(b)    LEI                         N/A 
      --------------------------  --------------------------------------------------- 
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 
      ------------------------------------------------------------------------------- 
(d)    Description of              Grant of share options to acquire ordinary 
        the financial               shares of 0.438 pence per share under the UK 
        instrument, type            Share Option Scheme 
        of instrument 
        Identification 
        code 
      --------------------------  --------------------------------------------------- 
(e)    Nature of the               Grant of share options under the UK Share Option 
        transaction                 Scheme 
      --------------------------  --------------------------------------------------- 
(f)    Price(s) and                 Price(s)                   Volume(s) 
        volume(s)                    Exercise price = 52.56p    125,000 
                                                               ---------- 
      --------------------------  --------------------------------------------------- 
(g)    Aggregated information     Exercise Price: 52.56p 
        Aggregated volume          Volume: 125,000 
        Price 
      --------------------------  --------------------------------------------------- 
(h)    Date of the transaction    2018-07-26 GMT 
      --------------------------  --------------------------------------------------- 
(i)    Place of the               Outside a trading venue 
        transaction 
      --------------------------  --------------------------------------------------- 
 
 

Name of authorised official of issuer responsible for making notification:

Patrick Clark

Company Secretary to Tungsten Corporation plc

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.

END

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July 27, 2018 08:14 ET (12:14 GMT)

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