Pembridge Resources plc Director/PDMR Shareholding (6431T)
July 25 2022 - 6:33AM
UK Regulatory
TIDMPERE
RNS Number : 6431T
Pembridge Resources plc
25 July 2022
THE INFORMATION CONTAINED WITHIN THIS ANNOUNCEMENT IS DEEMED BY
THE COMPANY TO CONSTITUTE INSIDE INFORMATION AS STIPULATED UNDER
ARTICLE 7 OF THE MARKET ABUSE REGULATION (EU) 596/2014 AS AMENDED
BY REGULATION 11 OF THE MARKET ABUSE (AMENDMENT) (EU EXIT)
REGULATIONS 2019/310.
25 July 2022
Director/PDMR Shareholding
London, United Kingdom - Pembridge Resources plc (LSE: PERE)
("Pembridge" or the "Company") announces an increase in the
shareholding of its Chairman and CEO, Gati Al-Jebouri, who is one
of the Company's major shareholders.
The Company has been advised that Mr Gati Al-Jebouri has
acquired an additional 300,401 Pembridge shares on the market at an
average price of 3.7p per share on 23 July 2022. As a result, Mr
Al-Jebouri's holding has increased from 20.00% to 21.35% of the
issued share capital of the Company.
The information contained within this announcement is deemed by
the Company to constitute inside information as stipulated under
the Market Abuse Regulation (EU) No. 596/2014 ("MAR").
PDMR Notification Form
Details of the person discharging managerial responsibilities
1 / person closely associated
a) Name Gati Al-Jebouri
----------------------------------- --------------------------------
Reason for the notification
2
---------------------------------------------------------------------
a) Position/status Chairman & CEO
----------------------------------- --------------------------------
b) Initial notification Initial Notification
/Amendment
----------------------------------- --------------------------------
Details of the issuer, emission allowance market
3 participant, auction platform, auctioneer or auction
monitor
---------------------------------------------------------------------
a) Name Pembridge Resources plc
----------------------------------- --------------------------------
b) LEI 213800TBL26T6GO88M13
----------------------------------- --------------------------------
Details of the transaction(s): section to be repeated
4 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 the financial
instrument,
type of instrument
Identification GB00BG107324
code
b) Nature of the Purchase on market
transaction
----------------------------------- --------------------------------
c) Price(s) and
volume(s)
-------------- --------------
Price(s) Volume(s)
-------------- --------------
0.037 100,401
-------------- --------------
0.036 100,000
-------------- --------------
0.037 100,000
-------------- --------------
d) Aggregated information
- Aggregated
volume 300,401
- Price GBP 11,014.84
Date of the
e) transaction 2 3 /07/2022
----------------------------------- --------------------------------
f) Place of the London UK
transaction
----------------------------------- --------------------------------
Cautionary Statement
This News Release includes certain "forward-looking statements"
which are not comprised of historical facts. Forward-looking
statements include estimates and statements that describe the
Company's future plans, objectives or goals, including words to the
effect that the Company, or management, expects a stated condition
or result to occur. Forward-looking statements may be identified by
such terms as "believes", "anticipates", "expects", "estimates",
"may", "could", "would", "will", or "plan". Since forward-looking
statements are based on assumptions and address future events and
conditions, by their very nature they involve inherent risks and
uncertainties. Although these statements are based on information
currently available to the Company, the Company provides no
assurance that actual results will meet management's expectations.
Risks, uncertainties and other factors involved with
forward-looking information could cause actual events, results,
performance, prospects and opportunities to differ materially from
those expressed or implied by such forward-looking information.
Forward-looking information in this news release includes, but is
not limited to, the Company's intentions regarding its objectives,
goals or future plans and statements. Factors that could cause
actual results to differ materially from such forward-looking
information include, but are not limited to, the Company's ability
to predict or counteract the potential impact of COVID-19
coronavirus on factors relevant to the Company's business, failure
to identify additional mineral resources, failure to convert
estimated mineral resources to reserves with more advanced studies,
the inability to eventually complete a feasibility study which
could support a production decision, the preliminary nature of
metallurgical test results may not be representative of the deposit
as a whole, delays in obtaining or failures to obtain required
governmental, environmental or other project approvals, political
risks, uncertainties relating to the availability and costs of
financing needed in the future, changes in equity markets,
inflation, changes in exchange rates, fluctuations in commodity
prices, delays in the development of projects, capital, operating
and reclamation costs varying significantly from estimates and the
other risks involved in the mineral exploration and development
industry, and those risks set out in the Company's public
documents. Although the Company believes that the assumptions and
factors used in preparing the forward-looking information in this
news release are reasonable, undue reliance should not be placed on
such information, which only applies as of the date of this news
release, and no assurance can be given that such events will occur
in the disclosed time frames or at all. The Company disclaims any
intention or obligation to update or revise any forward-looking
information, whether as a result of new information, future events
or otherwise, other than as required by law.
ENDS
NOTES TO EDITORS
About Pembridge Resources plc
Pembridge is a mining company that is listed on the standard
segment of the Official List of the FCA and trading on the main
market for listed securities of London Stock Exchange plc.
Pembridge has an investment in Minto Metals Corp, a British
Columbia incorporated business listed on the TSX Venture Exchange
under the symbol "MNTO" that operates the Minto mine in Yukon,
Canada.
Enquiries:
Pembridge Resources plc: +44 (0) 7905 125740
Gati Al-Jebouri, Chief Executive Officer and Chairman of the
Board
David James, Chief Financial Officer
Tavira Securities - United Kingdom: +44 (0)20 7100 5100
Jonathan Evans
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END
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