TIDMJAN

RNS Number : 8259B

Jangada Mines PLC

04 February 2020

Jangada Mines plc / EPIC: JAN.L / Market: AIM / Sector: Mining

4 February 2020

Jangada Mines plc ('Jangada' or the 'Company')

Director Share Purchase

Jangada Mines plc ("Jangada" or "the Company"), a natural resources company, is pleased to announce that it was notified on 3 February 2020 that Executive Chairman Brian McMaster and Non-Executive Director Luis Azevedo have each purchased 1.4 million ordinary shares in the share capital of the Company ("Ordinary Shares") at a price of 1.8p in an off-market transaction.

Following this purchase, Mr McMaster's total beneficial ownership in the Company is 55,244,467, which represents 23.3% of the Company's issued share capital. Mr Azevedo's total beneficial ownership in the Company is 54,066,667, which represents 22.8% of the Company's issued share capital.

This announcement contains inside information for the purposes of Article 7 of EU Regulation 596/2014. Upon the publication of this announcement, this inside information is now considered to be in the public domain.

ENDS

For further information please visit www.jangadamines.com or contact:

 
 Jangada Mines plc         Brian McMaster (Chairman)   Tel: +44 (0) 20 
                                                        7317 6629 
 
 Strand Hanson Limited     James Spinney               Tel: +44 (0)20 7409 
  (Nominated & Financial    Ritchie Balmer              3494 
  Adviser)                  Jack Botros 
 
 
 Brandon Hill Capital      Jonathan Evans              Tel: +44 (0)20 3463 
  (Broker)                  Oliver Stansfield           5000 
 
 St Brides Partners        Charlotte Page              Tel: +44 (0)20 7236 
  Ltd                                                   1177 
  (Financial PR)

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END

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(END) Dow Jones Newswires

February 04, 2020 02:01 ET (07:01 GMT)

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