Keras Resources PLC Director Dealings (2127Q)
June 04 2018 - 6:50AM
UK Regulatory
TIDMKRS
RNS Number : 2127Q
Keras Resources PLC
04 June 2018
Keras Resources plc / Index: AIM / Epic: KRS / Sector:
Mining
4 June 2018
Keras Resources plc
("Keras" or the "Company")
Director dealings
Keras Resources Plc has been notified that Mr Brian Moritz
(Non-Executive Chairman), Mr Russell Lamming (Chief Executive
officer) and Mr David Reeves (Non-executive Director) have
purchased a total of 44,972,663 ordinary shares of 0.1p each
("Ordinary Shares"). Further detail is provided below:
Purchase Number of Ordinary Beneficial % of Total
price (p) Shares Purchased interest in Voting Rights
Ordinary Shares in the Company
following purchase following purchase*
Brian Moritz 0.37 7,000,000 49,627,178 2.19%
----------- ------------------- -------------------- ---------------------
Russell Lamming(1) 0.37 8,000,000 68,219,961(1) 3.02%
----------- ------------------- -------------------- ---------------------
David Reeves(2) 0.37 29,972,663 384,897,714(2) 17.02%
----------- ------------------- -------------------- ---------------------
1 - These ordinary shares are held by Clearwater Trust whose
beneficiaries are members of Russell Lamming's family.
2 - These ordinary shares are held by the Elwani Trust whose
beneficiaries are the spouse and children of David Reeves. David
Reeves is a trustee of the Elwani Trust.
1 Details of the person discharging managerial responsibilities
/ person closely associated
a) Name
Brian Moritz
------------------------------- -------------------------------------------
2 Reason for the notification
----------------------------------------------------------------------------
a) Position/status
Non-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
Keras Resources Plc
------------------------------- -------------------------------------------
b) LEI
213800OZFKFM2N4R4F47
------------------------------- -------------------------------------------
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 ordinary shares of 0.1p each
of the financial
instrument,
type of instrument
Identification ISIN: GB00B649J414
code
b) Nature of the
transaction Acquisition of shares
------------------------------- -------------------------------------------
c) Price(s) and Price(s) Volume(s)
volume(s) 0.37p 7,000,000
----------
d) Aggregated information
- Aggregated N/A Single transaction
volume
- Price
e) Date of the
transaction 4 June 2018
------------------------------- -------------------------------------------
f) Place of the XLON
transaction
------------------------------- -------------------------------------------
1 Details of the person discharging managerial responsibilities
/ person closely associated
a) Name
Russell Lamming
----------------------------------- -------------------------------------------
2 Reason for the notification
--------------------------------------------------------------------------------
a) Position/status
Chief Executive Officer
----------------------------------- -------------------------------------------
b) Initial notification
/Amendment Initial Notification
----------------------------------- -------------------------------------------
3 Details of the issuer, emission allowance market participant,
auction platform, auctioneer or auction monitor
--------------------------------------------------------------------------------
a) Name
Keras Resources Plc
----------------------------------- -------------------------------------------
b) LEI
213800OZFKFM2N4R4F47
----------------------------------- -------------------------------------------
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 0.1p each
financial instrument,
type of instrument
Identification code ISIN: GB00B649J414
b) Nature of the transaction
Acquisition of shares
----------------------------------- -------------------------------------------
c) Price(s) and volume(s)
---------------- ---------------
Price(s) Volume(s)
---------------- ---------------
1. 0.37p 1,000,000
---------------- ---------------
2. 0.37p 7,000,000
---------------- ---------------
d) Aggregated information
- Aggregated volume 8,000,000
- Price 0.37p
e) Date of the transaction 1. 1 June 2018
2. 4 June 2018
---------------------------------------- -------------------------------------------
f) Place of the transaction XLON
----------------------------------- -------------------------------------------
1 Details of the person discharging managerial responsibilities
/ person closely associated
a) Name
David Reeves
------------------------------ -------------------------------------------
2 Reason for the notification
---------------------------------------------------------------------------
a) Position/status
Non-Executive Director
------------------------------ -------------------------------------------
b) Initial notification
/Amendment Initial Notification
------------------------------ -------------------------------------------
3 Details of the issuer, emission allowance market participant,
auction platform, auctioneer or auction monitor
---------------------------------------------------------------------------
a) Name
Keras Resources Plc
------------------------------ -------------------------------------------
b) LEI
213800OZFKFM2N4R4F47
------------------------------ -------------------------------------------
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 ordinary shares of 0.1p each
of the financial
instrument,
type of instrument
Identification ISIN: GB00B649J414
code
b) Nature of the
transaction Acquisition of shares
------------------------------ -------------------------------------------
c) Price(s) and Price(s) Volume(s)
volume(s) 0.37p 29,972,663
-----------
d) Aggregated information
- Aggregated N/A Single transaction
volume
- Price
e) Date of the
transaction 4 June 2018
------------------------------ -------------------------------------------
f) Place of the XLON
transaction
------------------------------ -------------------------------------------
**S**
This announcement contains inside information for the purposes
of Article 7 of Regulation (EU) 596/2014.
For further information please visit www.kerasplc.com, follow us
on Twitter @kerasplc or contact the following:
Russell Lamming Keras Resources plc info@kerasplc.com
Nominated Adviser /
Joint Broker
Ewan Leggat / Charlie SP Angel Corporate
Bouverat Finance LLP +44 (0) 20 3470 0470
Financial PR
Susie Geliher / Charlotte St Brides Partners
Page Ltd +44 (0) 20 7236 1177
Notes
Keras Resources plc is focused on building a strategic portfolio
of resource assets. The Company provides investors with exposure to
a strategic portfolio of development assets, including manganese,
cobalt and nickel in Togo, West Africa, and also has a significant
interest in a highly prospective gold exploration and development
portfolio in Australia.
Keras benefits from a highly skilled management team, which has
extensive operational experience in Africa and Australia with
proven success in advancing assets up the value curve.
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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