30 September 2024
Anglo Asian Mining
PLC
Director
Dealing
Anglo Asian Mining PLC ("Anglo
Asian" or the "Company"), the AIM listed gold, copper and silver
producer focused in Azerbaijan, announces that Governor John
Sununu, Non-Executive Director of the Company, has transferred
9,171,825 ordinary shares to Sununu Holdings LLC, a family asset
holding company managed by Michael Sununu, Non-Executive Director
of Anglo Asian.
As a result of the transfer,
Governor Sununu remains interested in 1,562,715 ordinary shares,
representing 1.4% of the issued share capital. Sununu Holdings LLC,
managed by Michael Sununu, is interested in 9,171,825 ordinary
shares, representing 8.0% of the issued share capital.
Further information about the
dealings is set out below.
For further information please
contact:
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Anglo Asian Mining plc
|
|
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Reza Vaziri, Chief Executive
Officer
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Tel: +994 12 596 3350
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Bill Morgan, Chief Financial
Officer
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Tel: +994 502 910 400
|
|
Stephen Westhead, Vice
President
|
Tel: +994 502 916 894
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|
|
|
|
SP
Angel Corporate Finance LLP (Nominated Adviser and Broker)
Ewan Leggat
Adam Cowl
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Tel: +44 (0) 20 3470 0470
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|
|
|
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Hudson Sandler (Financial PR)
Charlie Jack
Harry Griffiths
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Tel: +44
(0) 20 7796 4133
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About Anglo Asian Mining
Anglo Asian Mining
plc (AIM:AAZ) is a gold, copper and silver producer with a
high-quality portfolio of production and exploration assets
in Azerbaijan. The Company produced 31,821 gold equivalent
ounces ("GEOs") for the year ended 31 December
2023.
On 30 March 2023, the Company
published its strategic plan for growth which shows a clearly
defined path for the Company to transition to a multi-asset,
mid-tier, copper and gold producer by 2028, by which time copper
will be the principal product of the Company, with forecast
production of around 36,000 copper equivalent tonnes. It plans to
achieve this growth by bringing into production four new mines
during the period 2024 to 2028 at Zafar, Gilar, Xarxar and
Garadag.
https://www.angloasianmining.com/
NOTIFICATION AND PUBLIC DISCLOSURE
OF TRANSACTIONS BY PERSONS DISCHARGING MANAGERIAL RESPONSIBILITIES
AND PERSONS CLOSELY ASSOCIATED WITH THEM.
1.
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Details of the person discharging managerial
responsibilities/person closely associated
|
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a)
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Name:
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John H Sununu
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2.
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Reason for the notification
|
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a)
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Position/status:
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Non-Executive Director
|
|
b)
|
Initial
notification/Amendment:
|
Initial notification
|
3.
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Details of the issuer, emission allowance market participant,
auction platform, auctioneer or auction monitor
|
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a)
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Name:
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Anglo Asian Mining plc
|
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b)
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LEI:
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213800F9JM669WH34359
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4.
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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 financial
instrument, type of instrument:
Identification code:
|
Ordinary shares of par value
£0.01
GB00B0C18177
|
|
b)
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Nature of the
transaction:
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Transfer of shares
|
|
c)
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Price(s) and volume(s):
|
|
Price(s)
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Volume(s)
|
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£0
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9,171,825
|
|
|
d)
|
Aggregated information:
Aggregated volume:
Price:
|
Single transaction as in 4 c)
above
|
|
f)
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Date of the transaction:
|
26 September 2024
|
|
g)
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Place of the transaction:
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Outside a trading venue
|
1.
|
Details of the person discharging managerial
responsibilities/person closely associated
|
|
a)
|
Name:
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Sununu Holdings LLC (a Person
closely associated with Michael Sununu)
|
2.
|
Reason for the notification
|
|
a)
|
Position/status:
|
Non-Executive Director
|
|
b)
|
Initial
notification/Amendment:
|
Initial notification
|
3.
|
Details of the issuer, emission allowance market participant,
auction platform, auctioneer or auction monitor
|
|
a)
|
Name:
|
Anglo Asian Mining plc
|
|
b)
|
LEI:
|
213800F9JM669WH34359
|
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 financial
instrument, type of instrument:
Identification code:
|
Ordinary shares of par value
£0.01
GB00B0C18177
|
|
b)
|
Nature of the
transaction:
|
Acquisition of shares
|
|
c)
|
Price(s) and volume(s):
|
|
Price(s)
|
Volume(s)
|
|
£0
|
9,171,825
|
|
|
d)
|
Aggregated information:
Aggregated volume:
Price:
|
Single transaction as in 4 c)
above
|
|
f)
|
Date of the transaction:
|
26 September 2024
|
|
g)
|
Place of the transaction:
|
Outside a trading venue
|