Scotgold Resources Ltd Director/PDMR Shareholding (9744A)
January 04 2018 - 5:05AM
UK Regulatory
TIDMSGZ
RNS Number : 9744A
Scotgold Resources Ltd
04 January 2018
Scotgold Resources Limited
4 January 2018
Scotgold Resources Limited
Director/PDMR Dealings
Scotgold Resources Limited (AIM:SGZ) (the "Company" or "SGZ")
advises that certain of the directors and a PDMR of the Company
participated in the recently completed non-renounceable rights
issue, at a price of GBP0.25 per new ordinary share, that was first
announced on 13 November 2017 (the "Rights Issue"). The relevant
director/PDMR participations and their resulting holdings in the
Company are as follows:
Richard Gray (Director and Chief Executive Officer)
Holding prior to Rights Issue: 52,043 ordinary shares in SGZ
Rights Issue entitlement: 34,695 new ordinary shares in SGZ
Rights Issue shortfall shares: 10,000 new ordinary shares in SGZ
Following the Rights Issue, Mr Gray holds 96,738 ordinary shares
in the Company, representing 0.36% (previously 0.33%) of the
Company's issued share capital. In addition, Mr Gray now holds
8,939 options to acquire one share each at an exercise price of
GBP0.40, expiring on 31 December 2019. Prior to the Rights Issue,
Mr Gray held no options in the Company.
Christopher Sangster (Non-Executive Director)
Holding prior to Rights Issue: 182,045 ordinary shares in SGZ
Rights Issue entitlement: 20,000 new ordinary shares in SGZ
Rights Issue shortfall shares: -
Following the Rights Issue, Mr Sangster holds 202,045 ordinary
shares in the Company, representing 0.76% (previously 1.14%) of the
Company's issued share capital. In addition, Mr Sangster now holds
4,000 options to acquire one share each at an exercise price of
GBP0.40, expiring on 31 December 2019. Prior to the Rights Issue,
Mr Sangster held no options in the Company.
David Swan (Chief Financial Officer - PDMR)
Holding prior to Rights Issue: 10,000 ordinary shares in SGZ
Rights Issue entitlement: 6,667 new ordinary shares in SGZ
Rights Issue shortfall shares: 3,333 new ordinary shares in SGZ
Following the Rights Issue, Mr Swan holds 20,000 ordinary shares
in the Company, representing 0.07% (previously 0.06%) of the
Company's issued share capital. In addition, Mr Swan now holds
2,000 options to acquire one share each at an exercise price of
GBP0.40, expiring on 31 December 2019. Prior to the Rights Issue,
Mr Swan held no options in the Company.
Nat le Roux's (Non-Executive Chairman) participation in and
underwriting of the Rights Issue, and his resulting holding, was
disclosed in the Company's announcement dated 21 December 2017.
For further information please contact:
Scotgold Resources Limited Stockdale Securities Limited
Richard Gray Robert Finlay / Ed Thomas
Tel: +44 (0)1838 400 306 Tel: +44 (0)20 7601 6100
Capital Markets Consultants Smaller Company Capital Ltd
Simon Rothschild Rupert Williams
Tel +44 (0)7703 167 065 Tel: +44 (0)20 3651 2911
This information is provided by RNS
The company news service from the London Stock Exchange
END
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