TIDMEST

RNS Number : 9109C

East Star Resources PLC

25 February 2022

NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, IN WHOLE OR IN PART, DIRECTLY OR INDIRECTLY IN OR INTO THE UNITED STATES, AUSTRALIA, CANADA, JAPAN, THE REPUBLIC OF SOUTH AFRICA OR ANY OTHER JURISDICTION WHERE TO DO SO WOULD CONSTITUTE A VIOLATION OF THE RELEVANT LAWS OF SUCH JURISDICTION.

25 February 2022

East Star Resources Plc

("East Star" or the "Company")

Director Shareholding

East Star Resources Plc (LSE:EST), the Kazakhstan-focused gold and copper explorer, has been notified that Alex Walker, Chief Executive Officer of the Company, has transferred 5,200,000 ordinary shares of 1 pence each in the capital of the Company ("Ordinary Shares") previously held in his own name to his Individual Savings Account ("ISA").

As a result, Alex Walker's beneficial interest in Ordinary Shares remains unchanged at 20,024,522 Ordinary Shares.

-ENDS-

For further information visit the Company's website at www.eaststarplc.com , or contact:

East Star Resources Plc

Alex Walker, Chief Executive Officer

Tel: +44 (0)20 7390 0234 (via Vigo Consulting)

Peterhouse Capital Limited (Corporate Broker and Placing Agent)

Duncan Vasey / Lucy Williams

Tel: +44 (0) 20 7469 0930

Vigo Consulting (Investor Relations)

Ben Simons / Oliver Clark

Tel: +44 (0)20 7390 0234

About East Star Resources Plc

East Star Resources is focused on the discovery and development of gold, copper, and base metal deposits in Kazakhstan. With an initial four licences covering 1,432 km(2) in two mineral rich belts, East Star is undertaking an intensive exploration programme, applying modern geophysics to discover gold, copper, and base metals in levels that were not explored in the Soviet era. The Company also intends to expand its licence portfolio in Kazakhstan. East Star's management are based permanently on the ground, supported by local expertise, and a joint venture with the state mining company.

Follow us on social media:

LinkedIn: https://www.linkedin.com/company/east-star-resources/

Twitter: https://twitter.com/EastStar_PLC

The person who arranged for the release of this announcement was Alex Walker, CEO of the Company.

PDMR Disclosures

 
 1.   Details of the person discharging managerial responsibilities 
       / person closely associated 
 a)   Name                              Alexander Casey Walker 
     --------------------------------  -------------------------------------- 
 2.   Reason for the Notification 
     ------------------------------------------------------------------------ 
 a)   Position/status                   Director 
     --------------------------------  -------------------------------------- 
 b)   Initial notification/amendment    Initial notification 
     --------------------------------  -------------------------------------- 
 3.   Details of the issuer, emission allowance market participant, 
       auction platform, auctioneer or auction monitor 
     ------------------------------------------------------------------------ 
 a)   Name                              East Star Resources Plc 
     --------------------------------  -------------------------------------- 
 b)   LEI                               2138001Y6SMQC8DX2B40 
     --------------------------------  -------------------------------------- 
 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                Ordinary Shares of 1p each ("Ordinary 
       Financial instrument,             Shares") 
       type of instrument 
     --------------------------------  -------------------------------------- 
      Identification code               GB00BN92HZ16 
     --------------------------------  -------------------------------------- 
 b)   Nature of the Transaction         Transfer of Ordinary Shares in the 
                                         Company 
     --------------------------------  -------------------------------------- 
 c)   Price(s) and volume(s)             Share Sale Price   Volume 
                                           (GBX) 
                                          4.5p               5,200,000 
                                                            ---------- 
 
                                          Share Purchase   Volume 
                                           Price (GBX) 
                                          4.5002p          5,200,000 
                                                          ---------- 
     --------------------------------  -------------------------------------- 
 d)        Aggregated information 
             *    Aggregated volume       As above 
 
 
             *    Price 
     --------------------------------  -------------------------------------- 
 e)   Date of the transaction           24 February 2022 
     --------------------------------  -------------------------------------- 
 f)   Place of the transaction          Standard Segment of the London Stock 
                                         Exchange 
     --------------------------------  -------------------------------------- 
 

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END

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February 25, 2022 09:51 ET (14:51 GMT)

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