Sula Iron & Gold PLC Director's Shareholding (7535Z)
March 17 2017 - 3:30AM
UK Regulatory
TIDMSULA
RNS Number : 7535Z
Sula Iron & Gold PLC
17 March 2017
17 March 2017
Sula Iron & Gold plc
("Sula" or the "Company")
Director's Shareholding
Sula (AIM: SULA), the gold exploration company focused on Sierra
Leone, was yesterday notified that further to the Company's Placing
and Subscription of 18 November 2016, in which Matt Wood, an
Executive Director of the Company, subscribed for, in aggregate,
16,172,848 ordinary shares of 0.1p each in the capital of the
Company (the "Ordinary Shares"), 11,904,762 of such Ordinary
Shares, held by ONE Advisory Limited (the "ONE Advisory Shares"), a
company of which Matt Wood is a director, were yesterday
distributed directly to certain employees of ONE Advisory
Limited.
Accordingly, Matt Wood is now interested in 5,763,727 Ordinary
Shares, representing approximately 0.3 per cent. of the Company's
issued share capital.
For further information, please visit www.sulaironandgold.com or
contact:
Sula Iron & Gold plc
Roger Murphy (CEO) +44 (0) 7788 913794
Strand Hanson Limited (Financial
and Nominated Adviser)
James Harris / Matthew Chandler +44 (0) 20 7409
/ James Dance 3494
VSA Capital Limited (Broker) +44 (0) 20 3005
Andrew Raca 5000
Ongeza Mining (Technical Adviser) +27 (0) 11 469
Iain Macpherson / Ilja Graulich 0629
The information contained within this announcement is deemed by
the Company to constitute inside information under the Market Abuse
Regulation (EU) No. 596/2014.
The notifications set out below are provided in accordance with
the requirements of the EU Market Abuse Regulation.
Notification of a Transaction pursuant to Article
19(1) of Regulation (EU) No. 596/2014
------------------------------------------------------------------------------
1 Details of the person discharging managerial
responsibilities/person closely associated
----- -----------------------------------------------------------------------
a. Name Matt Wood
-----------------------------------------
2 Reason for
notification
----- ---------------------------- -----------------------------------------
a. Position/Status Director and FD of Sula Iron &
Gold plc
----- ---------------------------- -----------------------------------------
b. Initial notification/ Initial Notification
Amendment
----- ---------------------------- -----------------------------------------
3 Details of the issuer, emission allowance
market participant, auction platform, auctioneer
or auction monitor
-----------------------------------------------------------------------
a. Name Sula Iron & Gold plc
----- ---------------------------- -----------------------------------------
b. LEI 213800VNXOUPHTX53686
----- ---------------------------- -----------------------------------------
4 Details of the transaction(s): section to
be repeated for (i) each type of instrument;
(ii) each type of transaction; and (iii) each
date transactions have been conducted
----- -----------------------------------------------------------------------
a. Description Ordinary Shares of 0.1p each
of the financial
instrument,
type of instrument
ISIN: GB00B6Y3CV16
Identification
Code
----- ---------------------------- -----------------------------------------
b. Nature of the Transfer of shares from a company
transaction of which the PDMR is a director
----- ---------------------------- -----------------------------------------
c. Price(s) and Price(s) Volume(s)
volume(s)
----- ---------------------------- ------------------- ----------------
GBP0.0042 11,904,762
------------------------------------------------------ ----------------
d. Date of the 2017-03-16
transaction
----- ---------------------------- -----------------------------------------
This information is provided by RNS
The company news service from the London Stock Exchange
END
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