Oriole Resources PLC Director Dealing (9883U)
April 09 2021 - 5:11AM
UK Regulatory
TIDMORR
RNS Number : 9883U
Oriole Resources PLC
09 April 2021
Oriole Resources PLC
('Oriole Resources' or 'the Company' or 'the Group')
Director Dealing
Oriole Resources PLC (AIM: ORR) , the AIM-quoted exploration
company focussed on West Africa, announces that Tim Livesey, the
Company's Chief Executive Officer, has today acquired 623,506
Ordinary Shares the Company ('Ordinary Shares') at a price of 0.80
pence per share, the shares purchased represent 0.04% of the issued
share capital of the Company.
Following this purchase of shares, Tim Livesey has a beneficial
interest over 9,144,657 Ordinary Shares, representing 0.59% of the
Company's total voting rights.
The Company's Ordinary Shares referred to above are Oriole
Resources plc Ordinary Shares of 0.1 pence each and the total
number of shares in issue is 1,561,913,789.
Name Number of Number of Resultant shareholding Percentage
Ordinary Shares Ordinary Shares in the Company of the issued
held prior Purchased following the share capital
to transaction transaction of the Company
following the
transaction
Tim Livesey 8,521,251 623,506 9,144,657 0.59
----------------- ----------------- ----------------------- ----------------
Further details on the purchases are included in the
notifications below, made in accordance with the requirements of
the EU Market Abuse Regulation which is part of English law by
virtue of the European Union (Withdrawal) Act 2018.
** ENDS **
ANNEX - PDMR notifications
Template for 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 Timothy James Livesey
--------------------------------------- ----------------------------------------------
2 Reason for the notification
---------------------------------------------------------------------------------------
a) Position/status Chief Executive Officer
--------------------------------------- ----------------------------------------------
b) Initial notification Initial notification
/Amendment
--------------------------------------- ----------------------------------------------
3 Details of the issuer, emission allowance market participant,
auction platform, auctioneer or auction monitor
---------------------------------------------------------------------------------------
a) Name Oriole Resources PLC
--------------------------------------- ----------------------------------------------
b) LEI 213800X32GJR5AGAR511
--------------------------------------- ----------------------------------------------
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 0.1 pence each in
financial instrument, the capital of the Company
type of instrument
Identification code Ordinary Share ISIN: GB00B0T29327
b) Nature of the transaction Purchase of new shares.
--------------------------------------- ----------------------------------------------
c) Price(s) and volume(s)
-------------------- ---------------------
Price(s) Volume(s)
-------------------- ---------------------
0.80p 623,506
-------------------- ---------------------
d) Aggregated information
- Aggregated volume 623,506 Ordinary Shares of 0.1 pence
each
- Price 0.80 pence per Ordinary Share
e) Date of the transaction 9(th) April 2021
--------------------------------------- ----------------------------------------------
f) Place of the transaction London Stock Exchange, AIM Market (XLON)
--------------------------------------- ----------------------------------------------
For further information please visit www.orioleresources.com ,
@OrioleResources on Twitter, or contact:
Oriole Resources PLC Tel: +44 (0)20 7830
Bob Smeeton / Tim Livesey / Claire 9650
Bay
Blytheweigh (IR/PR contact) Tel: +44 (0)20 7138
Tim Blythe / Megan Ray / Rachael Brooks 3204
Grant Thornton UK LLP Tel: +44 (0)20 7383
Samantha Harrison / Seamus Fricker 5100
/ George Grainger
Shard Capital Partners LLP Tel: +44 (0)20 186
Damon Heath / Erik Woolgar / Isabella 9900
Pierre
Notes to Editors:
Oriole Resources PLC is an AIM-listed exploration company,
operating West Africa. It is focused on early-stage exploration in
Cameroon (Bibemi and Wapouzé projects) and the more advanced Senala
gold project in Senegal, where IAMGOLD has the option to spend US$8
million to earn a 70% interest. Year two commitments have been met
at all three projects. The Company has several interests and
royalties in companies operating throughout Africa and Turkey that
could deliver future cash flow, and it continues to assess new
opportunities in both regions.
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END
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