Anglo Pacific Group PLC Director Share Dealings in Company (7822N)
May 22 2020 - 5:53AM
UK Regulatory
TIDMAPF
RNS Number : 7822N
Anglo Pacific Group PLC
22 May 2020
News Release
22 May 2020
Anglo Pacific Group PLC
Director Share Dealings in Company
Anglo Pacific Group PLC ("Anglo Pacific", the "Company") (LSE:
APF, TSX: APY) announces that it received notification of the
following transactions by Kings Chapel International Limited, a
person closely associated with Mr. Julian Treger, Chief Executive
Officer of the Company.
Between 18 and 22 May 2020, Kings Chapel International Limited,
sold 727,665 ordinary shares of 2 pence each in the Company
("Shares") at an average approximate price of 161p per share. This
transaction was required as part of the finalisation of Mr.
Treger's divorce settlement. Mr. Treger has indicated to the Board
that it is his intention to retain at least 80% of his pre-existing
beneficial holding of Shares.
Mr. Treger and a person closely associated with him have made a
significant investment in Shares of the Company since Mr. Treger
became Chief Executive Officer in October 2013. In total, prior to
this announcement, Mr. Treger and persons closely associated with
him had invested approximately GBP6.0m acquiring Shares in the
Company. These Shares had all been acquired on the London Stock
Exchange at market price and not under any option package.
Following this notification, the total beneficial holding of
Shares by Mr. Treger and persons closely associated with him is
4,795,631 Shares, representing 2.643% of the issued ordinary share
capital of the Company.
The transactions took place on the London Stock Exchange.
Directors' Share Dealings - Further information
The notifications below, made in accordance with the
requirements of the EU Market Abuse Regulations, provides further
detail in respect of the transactions as described at the beginning
of this announcement.
1. Details of the person discharging managerial responsibilities / person closely associated
a. Name Kings Chapel International Limited
-------------------------------- -------------------------------------------------------------------
2. Reason for the notification
-----------------------------------------------------------------------------------------------------
a. Position/status Person closely associated with Mr. Julian Treger, Chief Executive
Officer of Anglo Pacific
Group PLC
-------------------------------- -------------------------------------------------------------------
b. Initial notification/Amendment Initial Notification
-------------------------------- -------------------------------------------------------------------
3. Details of the issuer, emission allowance market participant, auction platform, auctioneer
or auction monitor
-----------------------------------------------------------------------------------------------------
a. Name Anglo Pacific Group PLC
-------------------------------- -------------------------------------------------------------------
b. Legal Entity Identifier code 213800LXSV317746JZ71
-------------------------------- -------------------------------------------------------------------
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 2p Ordinary Shares
Financial instrument, type
of instrument
Identification code GB0006449366
-------------------------------- -------------------------------------------------------------------
b. Nature of the transaction Sale of Shares
-------------------------------- -------------------------------------------------------------------
c. Price(s) and volume(s) Price(s) Volume(s)
160.77p 700,000
159.622p 27,665
----------
-------------------------------- -------------------------------------------------------------------
d. Aggregated information
* Aggregated volume 727,665
160.73p
* Price
------------------------------------------------ -------------------------------------------------------------------
e. Date of the transaction 18 and 22 May 2020
-------------------------------- -------------------------------------------------------------------
f. Place of the transaction London Stock Exchange, Main Market (XLON)
-------------------------------- -------------------------------------------------------------------
For further information:
Anglo Pacific Group PLC +44 (0) 20 3435 7400
Julian Treger - Chief Executive Officer
Kevin Flynn - Chief Financial Officer and Company Secretary
Website: www.anglopacificgroup.com
Berenberg +44 (0) 20 3207 7800
Matthew Armitt / Jennifer Wyllie / Detlir Elezi
Peel Hunt LLP +44 (0) 20 7418 8900
Ross Allister / Alexander Allen / David McKeown
RBC Capital Markets +44 (0) 20 7653 4000
Farid Dadashev / Marcus Jackson / Jamil Miah
Capital Market Communications Limited (Camarco) +44 (0)20 3757 4997
Gordon Poole / Owen Roberts / James Crothers
Notes to Editors
About the Company
Anglo Pacific Group PLC is a global natural resources royalty
and streaming company. The Company's strategy is to become a
leading natural resources company through investing in high quality
projects in preferred jurisdictions with trusted counterparties,
underpinned by strong ESG principles. It is a continuing policy of
the Company to pay a substantial portion of these royalties and
streams to shareholders as dividends.
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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