TIDMARS
RNS Number : 6514T
Asiamet Resources Limited
25 July 2022
25 July 2022
2021 Directors Fees
Asiamet Resources Limited ("ARS" or the "Company") notes that
pursuant to their letters of engagement, each of the Non-Executive
Directors ("Directors") of the Company and the Chairman are
eligible to receive director's fees. The Chairman and Directors
have elected to receive these fees in the form of shares in the
Company for the period 1 January 2021 to 31 December 2021 in lieu
of cash.
The share price to be used for the calculation is a 10-day VWAP
over the 10 trading days immediately following publication of the
Company's Annual Accounts as released on 4 May 2022, or if the
Company is in a close period at that time, for the 10 trading days
immediately following the end of that close period. In this case
the share price used based on the above formula was 2.08 pence per
share following the release of the Company's Annual Accounts.
The award of shares in the Company to directors for director's
fees for the 2021 year is set out below:
Tony Manini 1,353,413 Shares
Dominic Heaton 1,353,413 Shares
Faldi Ismail 1,353,413 Shares
Peter Pollard 1,353,413 Shares
Bruce Sheng 1,353,413 shares
Eva Armila 1,353,413 shares
In addition to the abovementioned share issue, a further
5,297,999 performance rights will be granted in the form of shares
in the Company to certain employees for their contribution to the
Company during 2021. This includes an amount of 1,324,086 shares
allocated to Tony Manini for his role as Chief Executive Officer
for the period.
Following the issue of the above shares, the shareholdings of
the directors (including direct and indirect holdings) will be as
follows:
Director Holding of Common Percentage of Share
Shares Capital Following
Admission
Tony Manini 51,833,996 2.65%
------------------ --------------------
Dominic Heaton 10,309,700 0.53%
------------------ --------------------
Faldi Ismail 18,112,391 0.93%
------------------ --------------------
Peter Pollard 5,368,770 0.27%
------------------ --------------------
Bruce Sheng 123,149,003 6.29%
------------------ --------------------
Eva Armila 1,353,413 0.07%
------------------ --------------------
Application has been made for the 13,418,477 shares ("New Common
Shares") to be admitted to trading on AIM ("Admission"). It is
expected that Admission to AIM will become effective and dealings
in the New Common Shares will commence on or around 3 August 2022.
The New Common Shares will rank pari passu in all respects with the
existing common shares in the Company.
The total number of common shares outstanding after completion
of the issue of the New Common Shares will increase from
1,943,217,628 to 1,956,636,105 shares. This represents the total
number of voting rights in the Company and may be used by
shareholders as the denominator for the calculations by which they
can determine if they are required to notify their interest in, or
a change to their interest in the Company under the Financial
Conduct Authority's Disclosure and Transparency Rules.
ON BEHALF OF THE BOARD OF DIRECTORS
Tony Manini, Executive Chairman
For further information, please contact:
-Ends-
Tony Manini
Executive Chairman, Asiamet Resources Limited
Email: tony.manini@ asiametresources .com
Investor Enquiries
Sasha Sethi
Telephone: +44 (0) 7891 677 441
Email: Sasha@flowcomms.com / info@asiametresources.com
Asiamet Resources Nominated Adviser
RFC Ambrian Limited
Bhavesh Patel / Stephen Allen
Telephone: +44 (0)20 3440 6800
Email: Bhavesh.Patel@rfcambrian.com / Stephen.Allen@rfcambrian.com
Optiva Securities Limited
Christian Dennis
Telephone: +44 20 3137 1903
Email: Christian.Dennis@optivasecurities.com
Follow us on twitter @AsiametTweets
This announcement contains inside information as stipulated
under the Market Abuse Regulations (EU) no. 596/2014 ("MAR").
PDMR Notification Forms
The notifications below are made in accordance with the
requirements of MAR.
1. Details of the person discharging managerial responsibilities
/ person closely associated
a. Name Tony Manini
---------------------------------------- ------------------------------
2. Reason for the notification
------------------------------------------------------------------------
a. Position/status Director & Executive Chairman
---------------------------------------- ------------------------------
b. Initial notification/Amendment Initial Notification
---------------------------------------- ------------------------------
3. Details of the issuer, emission allowance market participant,
auction platform, auctioneer or auction monitor
------------------------------------------------------------------------
a. Name Asiamet Resources Limited
---------------------------------------- ------------------------------
b. LEI 213800PWJMT1NG28TA88
---------------------------------------- ------------------------------
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, Common Shares of US$0.01 each
type of instrument Identification BM04521V1038
code
---------------------------------------- ------------------------------
b. Nature of the transaction Issuance of common shares
---------------------------------------- ------------------------------
c. Price(s) and volume(s) Price(s) Volume(s)
2.08 p/share 2,677,499
---------
---------------------------------------- ------------------------------
d. Aggregated information
* Aggregated volume n/a single transaction
* Price
---------------------------------------- ------------------------------
e. Date of the transaction 3 August 2022
---------------------------------------- ------------------------------
f. Place of the transaction London Stock Exchange
---------------------------------------- ------------------------------
1. Details of the person discharging managerial responsibilities
/ person closely associated
a. Name Dominic Heaton
---------------------------------------- -----------------------------
2. Reason for the notification
-----------------------------------------------------------------------
a. Position/status Non-Executive D irector
---------------------------------------- -----------------------------
b. Initial notification/Amendment Initial Notification
---------------------------------------- -----------------------------
3. Details of the issuer, emission allowance market participant,
auction platform, auctioneer or auction monitor
-----------------------------------------------------------------------
a. Name Asiamet Resources Limited
---------------------------------------- -----------------------------
b. LEI 213800PWJMT1NG28TA88
---------------------------------------- -----------------------------
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, Common Shares of US$0.01 each
type of instrument Identification BM04521V1038
code
---------------------------------------- -----------------------------
b. Nature of the transaction Issuance of common shares
---------------------------------------- -----------------------------
c. Price(s) and volume(s) Price(s) Volume(s)
2.08 p/share 1,353,413
---------
---------------------------------------- -----------------------------
d. Aggregated information
* Aggregated volume n/a single transaction
* Price
---------------------------------------- -----------------------------
e. Date of the transaction 3 August 2022
---------------------------------------- -----------------------------
f. Place of the transaction London Stock Exchange
---------------------------------------- -----------------------------
1. Details of the person discharging managerial responsibilities
/ person closely associated
a. Name Faldi Ismail
---------------------------------------- -----------------------------
2. Reason for the notification
-----------------------------------------------------------------------
a. Position/status Non-Executive D irector
---------------------------------------- -----------------------------
b. Initial notification/Amendment Initial Notification
---------------------------------------- -----------------------------
3. Details of the issuer, emission allowance market participant,
auction platform, auctioneer or auction monitor
-----------------------------------------------------------------------
a. Name Asiamet Resources Limited
---------------------------------------- -----------------------------
b. LEI 213800PWJMT1NG28TA88
---------------------------------------- -----------------------------
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, Common Shares of US$0.01 each
type of instrument Identification BM04521V1038
code
---------------------------------------- -----------------------------
b. Nature of the transaction Issuance of common shares
---------------------------------------- -----------------------------
c. Price(s) and volume(s) Price(s) Volume(s)
2.08 p/share 1,353,413
---------
---------------------------------------- -----------------------------
d. Aggregated information
* Aggregated volume n/a single transaction
* Price
---------------------------------------- -----------------------------
e. Date of the transaction 3 August 2022
---------------------------------------- -----------------------------
f. Place of the transaction London Stock Exchange
---------------------------------------- -----------------------------
1. Details of the person discharging managerial responsibilities
/ person closely associated
a. Name Peter Pollard
---------------------------------------- -----------------------------
2. Reason for the notification
-----------------------------------------------------------------------
a. Position/status Non-Executive D irector
---------------------------------------- -----------------------------
b. Initial notification/Amendment Initial Notification
---------------------------------------- -----------------------------
3. Details of the issuer, emission allowance market participant,
auction platform, auctioneer or auction monitor
-----------------------------------------------------------------------
a. Name Asiamet Resources Limited
---------------------------------------- -----------------------------
b. LEI 213800PWJMT1NG28TA88
---------------------------------------- -----------------------------
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, Common Shares of US$0.01 each
type of instrument Identification BM04521V1038
code
---------------------------------------- -----------------------------
b. Nature of the transaction Issuance of common shares
---------------------------------------- -----------------------------
c. Price(s) and volume(s) Price(s) Volume(s)
2.08 p/share 1,353,413
---------
---------------------------------------- -----------------------------
d. Aggregated information
* Aggregated volume n/a single transaction
* Price
---------------------------------------- -----------------------------
e. Date of the transaction 3 August 2022
---------------------------------------- -----------------------------
f. Place of the transaction London Stock Exchange
---------------------------------------- -----------------------------
1. Details of the person discharging managerial responsibilities
/ person closely associated
a. Name Bruce Sheng
---------------------------------------- -----------------------------
2. Reason for the notification
-----------------------------------------------------------------------
a. Position/status Non-Executive D irector
---------------------------------------- -----------------------------
b. Initial notification/Amendment Initial Notification
---------------------------------------- -----------------------------
3. Details of the issuer, emission allowance market participant,
auction platform, auctioneer or auction monitor
-----------------------------------------------------------------------
a. Name Asiamet Resources Limited
---------------------------------------- -----------------------------
b. LEI 213800PWJMT1NG28TA88
---------------------------------------- -----------------------------
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, Common Shares of US$0.01 each
type of instrument Identification BM04521V1038
code
---------------------------------------- -----------------------------
b. Nature of the transaction Issuance of common shares
---------------------------------------- -----------------------------
c. Price(s) and volume(s) Price(s) Volume(s)
2.08 p/share 1,353,413
---------
---------------------------------------- -----------------------------
d. Aggregated information
* Aggregated volume n/a single transaction
* Price
---------------------------------------- -----------------------------
e. Date of the transaction 3 August 2022
---------------------------------------- -----------------------------
f. Place of the transaction London Stock Exchange
---------------------------------------- -----------------------------
1. Details of the person discharging managerial responsibilities
/ person closely associated
a. Name Eva Armila
---------------------------------------- -----------------------------
2. Reason for the notification
-----------------------------------------------------------------------
a. Position/status Non-Executive D irector
---------------------------------------- -----------------------------
b. Initial notification/Amendment Initial Notification
---------------------------------------- -----------------------------
3. Details of the issuer, emission allowance market participant,
auction platform, auctioneer or auction monitor
-----------------------------------------------------------------------
a. Name Asiamet Resources Limited
---------------------------------------- -----------------------------
b. LEI 213800PWJMT1NG28TA88
---------------------------------------- -----------------------------
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, Common Shares of US$0.01 each
type of instrument Identification BM04521V1038
code
---------------------------------------- -----------------------------
b. Nature of the transaction Issuance of common shares
---------------------------------------- -----------------------------
c. Price(s) and volume(s) Price(s) Volume(s)
2.08 p/share 1,353,413
---------
---------------------------------------- -----------------------------
d. Aggregated information
* Aggregated volume n/a single transaction
* Price
---------------------------------------- -----------------------------
e. Date of the transaction 3 August 2022
---------------------------------------- -----------------------------
f. Place of the transaction London Stock Exchange
---------------------------------------- -----------------------------
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END
DSHFLFIVDLIEFIF
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July 25, 2022 09:15 ET (13:15 GMT)
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