Hummingbird Resources plc / Ticker:
HUM / Index: AIM / Sector: Mining
05 February
2025
Hummingbird Resources
plc
("Hummingbird" or the "Company")
Hummingbird Share Plan Exercise and TVR
Hummingbird Resources plc (AIM: HUM) announces
that, pursuant to the exercise of awards under the Hummingbird
Share Plans (as defined in the Offer Document dated 13 January
2025), application has been made for 28,828,991 new Ordinary Shares
of £0.01 each in the capital of the Company to be admitted to
trading on AIM, which is expected to take effect on 6 February
2025 (''Admission'').
Following Admission, the Company's issued share
capital will consist of 1,703,217,472 ordinary shares, all with
voting rights. The Company does not hold any shares in treasury.
Therefore, the total number of voting rights in the Company
following Admission will be 1,703,217,472, which may be used by
shareholders as the denominator for the calculations by which they
will determine if they are required to notify their interest in, or
a change to their interest in the Company under the FCA's
Disclosure Guidance and Transparency Rules. The International
Securities Identification Number for Hummingbird's ordinary shares
is GB00B60BWY28.
Director
Dealings
As part of the exercise of awards under the Hummingbird Share Plan,
the Company's directors/PDMRs have exercised their awards and
tendered such number of ordinary shares pursuant to the exercise,
as set out below.
Notification
and public disclosure of transactions by persons discharging
managerial responsibilities and persons closely associated with
them.
|
1.
|
Details of the person discharging managerial responsibilities
/ person closely associated
|
|
a)
|
Name
|
1. Stephen
Betts
2. David
Straker-Smith
3. Ernie
Nutter
4. Attie Roux
5. Daniel
Betts
6. Thomas Hill
|
|
2.
|
Reason for the Notification
|
|
a)
|
Position/status
|
1. Non-Executive
Director
2. Non-Executive
Director
3. Non-Executive
Director
4. Non-Executive
Director
5. Executive
Chairman
6. Finance Director
|
|
b)
|
Initial
notification/amendment
|
Initial notification
|
|
3.
|
Details of the issuer, emission allowance market participant,
auction platform, auctioneer or auction monitor
|
|
a)
|
Name
|
Hummingbird Resources plc
|
|
b)
|
LEI
|
213800PBYMQ6Z2D7UZ96
|
|
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
|
Ordinary shares of 1p each
|
|
Identification code
|
GB00B60BWY28
|
|
b)
|
Nature of the Transaction
|
Exercise of options and tender into
takeover offer
|
|
c)
|
Price(s) and volume(s)
|
|
Price(s)
|
Volume(s)
|
|
1. £0.01
2. £0.01
3. £0.01
4. £0.01
5. £0.01
6. £0.01
|
970,768
970,768
970,768
970,768
8,561,839
5,813,984
|
|
|
d)
|
Aggregated information
Aggregated volume Price
|
18,258,895
£0.01
|
|
e)
|
Date of the transaction
|
3 February 2025
|
|
f)
|
Place of the transaction
|
London Stock Exchange,
AIM
|
**ENDS**
Notes to Editors:
Hummingbird Resources plc (AIM: HUM) is a
leading multi-asset, multi-jurisdiction gold producing company,
member of the World Gold Council and founding member of
Single Mine Origin (www.singlemineorigin.com).
The Company currently has two core gold projects, the
operational Yanfolila Gold Mine in Mali, and
the Kouroussa Gold Mine in Guinea. Furthermore, the
Company has a controlling interest in the Dugbe Gold
Project in Liberia that is being developed by joint
venture partners, Pasofino Gold Limited. The final feasibility
results on Dugbe showcase 2.76Moz in Reserves and strong economics
such as a 3.5-year capex payback period once in production, and a
14-year life of mine at a low AISC profile. Our vision is to
continue to grow our asset base, producing profitable ounces, while
central to all we do being our Environmental, Social &
Governance ("ESG") policies and practices.
For further information, please
visit hummingbirdresources.co.uk or
contact:
|
Geoff Eyre, Interim
CEO
Thomas Hill,
FD
Edward Montgomery,
CD
|
Hummingbird Resources
plc
|
Tel: +44 (0) 20 7409
6660
|
|
James
Spinney
Ritchie
Balmer
|
Strand Hanson
Limited
Nominated
Adviser
|
Tel: +44
(0) 20 7409 3494
|
|
James
Asensio
Charlie Hammond
|
Canaccord Genuity
Limited
Broker
|
Tel: +44 (0) 20 7523
8000
|
|
Bobby Morse
Oonagh
Reidy
George Pope
|
Buchanan
Financial
PR/IR
|
Tel: +44 (0) 20
7466 5000
Email: HUM@buchanan.uk.com
|
