TIDMMILA

RNS Number : 9339S

Mila Resources PLC

09 November 2023

Mila Resources Plc / Index: LSE / Epic: MILA / Sector: Natural Resources

9 November 2023

Mila Resources Plc

('Mila' or the 'Company')

Director Share Purchase & PDMR Notification

Mila Resources Plc (LSE:MILA), the post-discovery gold exploration accelerator, announces that Mark Stephenson, Executive Chairman, has purchased 1,100,000 ordinary shares of GBP0.01 ("Ordinary Shares") on market at an average price of 0.9148 pence per Ordinary Share.

Following this share purchase, Mark Stephenson holds 7,216,761 Ordinary Shares representing approximately 1.34 per cent of the Company's voting rights.

Further details of the share purchase are set out in the PDMR form below which has been made in accordance with the Market Abuse Regulation (EU) No. 596/2014 which is part of UK law by virtue of the European Union (Withdrawal) Act 2018.

PDMR Notifications

Notification of Transactions of Persons Discharging Managerial Responsibility and Persons Closely Associated with them:

 
1.   Details of the person discharging managerial responsibilities 
      / person closely associated 
a.   Name                                   Mark Stephenson 
     -------------------------------------  ---------------------------- 
2.   Reason for the notification 
     ------------------------------------------------------------------- 
a.   Position/status                        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                                    Mila Resources 
     -------------------------------------  ---------------------------- 
b.   LEI                                     2138002NANE5WMOA7P09 
     -------------------------------------  ---------------------------- 
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           Ordinary Shares of GBP0.001 
      instrument, type of instrument         each 
      Identification code 
     -------------------------------------  ---------------------------- 
b.   Nature of the transaction              On Market 
     -------------------------------------  ---------------------------- 
c.   Price(s) and volume(s)                 Price(s)  Volume(s) 
                                             0.9148p   1,100,000 
                                                       --------- 
     -------------------------------------  ---------------------------- 
d.             Aggregated information 
             *    Aggregated volume          1,100,000 
                                              0.9148p 
 
             *    Price 
 -----------------------------------------  ---------------------------- 
e.   Date of the transaction                8 November 2023 
     -------------------------------------  ---------------------------- 
f.   Place of the transaction               London Stock Exchange 
     -------------------------------------  ----------------------------

**ENDS**

For more information visit www.milaresources.com or contact:

 
 Mark Stephenson                info@milaresources.com 
  Mila Resources Plc 
 Jonathan Evans 
  Tavira Financial Limited        +44 (0) 20 7100 5100 
 Nick Emerson 
  SI Capital                      +44 (0) 20 3143 0600 
 Damon Heath 
  Shard Capital Partners LLP      +44 (0) 20 3971 7000 
 Susie Geliher 
  St Brides Partners Limited      +44 (0) 20 7236 1177

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END

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(END) Dow Jones Newswires

November 09, 2023 03:06 ET (08:06 GMT)

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