TIDMPGM

RNS Number : 8462K

Phoenix Global Mining Ltd

12 July 2017

Phoenix Global Mining Ltd / Ticker: PGM / Sector: Mining

12 July 2017

Phoenix Global Mining Ltd

('Phoenix' or the 'Company')

Director Dealing

Phoenix Global Mining Ltd (AIM: PGM) has today been informed that Dennis Thomas, Chief Executive Officer of the Company, purchased 250,000 shares of nil par value each in the Company ("Shares") on 12 July 2017 at a price of 3.66p pence per share.

Following completion of the share purchase, Dennis Thomas holds 10,651,870 Shares representing 4.64 per cent. of the issued share capital and total voting rights of the Company.

Market Abuse Regulation (MAR) Disclosure

The information communicated in this announcement is inside information for the purposes of Article 7 of Regulation 596/2014

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:                              Dennis Thomas 
---  ---------------------------------  ---------------------------------------- 
 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:                              Phoenix Global 
                                          Mining Ltd 
---  ---------------------------------  ---------------------------------------- 
 b)   LEI:                               2138006UWPZAB1A75680 
---  ---------------------------------  ---------------------------------------- 
 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       Shares of nil 
       instrument, type of instrument:    par value each 
       Identification code: 
                                          ISIN: VGG7060R1055 
---  ---------------------------------  ---------------------------------------- 
 b)   Nature of the transaction:         Purchase of shares 
---  ---------------------------------  ---------------------------------------- 
 c)   Price(s) and volume(s):              Price(s)      Volume(s) 
                                           ------------  ---------- 
                                            3.66 pence    250,000 
                                           ------------  ---------- 
---  ---------------------------------  ---------------------------------------- 
 d)   Aggregated information:            Single transaction 
       Aggregated volume:                 as in 4 c) above Price(s)    Volume(s) 
       Price:                             ----------  ---------- 
                                           3.66 
                                            pence      250,000 
---  ---------------------------------  ---------------------------------------- 
 e)   Date of the transaction:           12 July 2017 
                                          10.27am BST 
---  ---------------------------------  ---------------------------------------- 
 f)   Place of the transaction:          AIM 
---  ---------------------------------  ----------------------------------------

**ENDS**

For further information please visit www.pgmining.com or contact:

 
 Phoenix Global         Dennis Thomas                 c/o St Brides 
  Mining Ltd             & Richard Wilkins             Partners 
                                                       +44 20 7236 1177 
---------------------  ----------------------------  ------------------ 
 SP Angel (Nominated    Lindsay Mair                  Tel: +44 20 3470 
  Advisor)               / Caroline Rowe               0470 
---------------------  ----------------------------  ------------------ 
 Brandon Hill Capital   Jonathan Evans                Tel: +44 20 3463 
  (Broker)               / Oliver Stansfield/Robert    5000 
                         Beenstock/ Alex 
                         Walker 
---------------------  ----------------------------  ------------------ 
 St Brides Partners     Hugo de Salis                 Tel: +44 20 7236 
  (Financial PR)         / Charlotte                   1177 
                         Page 
---------------------  ----------------------------  ------------------

This information is provided by RNS

The company news service from the London Stock Exchange

END

DSHGCGDRRUBBGRD

(END) Dow Jones Newswires

July 12, 2017 06:01 ET (10:01 GMT)

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