Shanta Gold Limited Director/PDMR Shareholding (8925T)
July 09 2018 - 1:00AM
UK Regulatory
TIDMSHG
RNS Number : 8925T
Shanta Gold Limited
09 July 2018
9 July 2018
Shanta Gold Limited
("Shanta Gold", "Shanta" or the "Company")
Director/PDMR Shareholding
Shanta Gold (AIM: SHG), the East Africa-focused gold producer,
developer and explorer, announces that, pursuant to the salary/fee
sacrifice arrangements entered into on 20 June 2017 under which
those directors committed to subscribe for ordinary shares on a
quarterly basis for a period of 12 months, Anthony Durrant
(Chairman), Ketan Patel (Non-Executive Director), and Keith
Marshall (Non-Executive Director), have each subscribed for
ordinary shares in the Company by way of fee sacrifice at a price
of 6 pence per share. In aggregate, this will result in the
issuance of 841,621 ordinary shares in Company (the "Fee Sacrifice
Shares").
Application has been made to London Stock Exchange plc ("LSE")
for the 841,621 Fee Sacrifice Shares to be admitted to trading on
AIM ("Admission"). Admission is expected to occur and dealings in
the Fee Sacrifice Shares are expected to commence on the LSE at
8.00 a.m. on or around 12 July 2018.
From Admission, the Company's issued ordinary share capital will
comprise 778,889,782 ordinary shares. No ordinary shares are held
in treasury. The figure of 778,889,782 may be used by the Company's
shareholders as the denominator for the calculations by which they
will determine if they are required to notify their interest in, or
a change to their interest in, the Company under the Financial
Conduct Authority's Disclosure Guidance and Transparency Rules.
This announcement is made in accordance with Article 19 of the
EU Market Abuse Regulation 596/2014.
Enquiries:
Shanta Gold Limited
Eric Zurrin (CEO) +255 (0) 22 292 5148
Luke Leslie (CFO)
Nominated Adviser and Broker
Numis Securities Limited
Paul Gillam / John Prior / James Black +44 (0)20 7260 0000
Financial Public Relations
Tavistock
Jos Simson / Charles Vivian / Barnaby
Hayward +44 (0)20 7920 3150
About Shanta Gold
Shanta Gold is an East Africa-focused gold producer, developer
and explorer. It currently has defined ore resources on the New
Luika and Singida projects in Tanzania and holds exploration
licences over a number of additional properties in the country.
Shanta's flagship New Luika Gold Mine commenced production in 2012
and produced 79,585 ounces in 2017. For further information please
visit: www.shantagold.com.
Notification of transaction by Person Discharging Managerial
Responsibilities ("PDMR')
1. Details of the person discharging managerial responsibilities
/ person closely associated
a. Name Anthony Durrant
-------------------------------------- --------------------------------------------
2. Reason for the notification
------------------------------------------------------------------------------------
a. Position/status PDMR
-------------------------------------- --------------------------------------------
b. Initial notification Initial Notification
/Amendment
-------------------------------------- --------------------------------------------
3. Details of the issuer, emission allowance market participant,
auction platform, auctioneer or auction monitor
------------------------------------------------------------------------------------
a. Name Shanta Gold Limited
-------------------------------------- --------------------------------------------
b. LEI 2138004VR5BVV1VD7P81
-------------------------------------- --------------------------------------------
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 Ordinary shares of 0.01 pence each
the
Financial instrument, GB00BOC6R828
type of instrument
Identification
code
-------------------------------------- --------------------------------------------
b. Nature of the Subscription for new ordinary shares as
transaction part of salary/fee sacrifice arrangement
announced to the market on 20 June 2017
-------------------------------------- --------------------------------------------
c. Price(s) and volume(s) Price(s) Volume(s)
GBP0.06 413,159
-------------------------------------- --------------------- ---------------------
d. Aggregated information
* Aggregated volume
413,159
GBP24,790
* Price
-------------------------------------- --------------------------------------------
e. Date of the transaction 6 July 2018
-------------------------------------- --------------------------------------------
f. Place of the transaction Off market
-------------------------------------- --------------------------------------------
5. Details of the person discharging managerial responsibilities
/ person closely associated
a. Name Ketan Patel
-------------------------------------- --------------------------------------------
6. Reason for the notification
------------------------------------------------------------------------------------
a. Position/status PDMR
-------------------------------------- --------------------------------------------
b. Initial notification Initial Notification
/Amendment
-------------------------------------- --------------------------------------------
7. Details of the issuer, emission allowance market participant,
auction platform, auctioneer or auction monitor
------------------------------------------------------------------------------------
a. Name Shanta Gold Limited
-------------------------------------- --------------------------------------------
b. LEI 2138004VR5BVV1VD7P81
-------------------------------------- --------------------------------------------
8. 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 Ordinary shares of 0.01 pence each
the
Financial instrument, GB00BOC6R828
type of instrument
Identification
code
-------------------------------------- --------------------------------------------
b. Nature of the Subscription for new ordinary shares as
transaction part of salary/fee sacrifice arrangement
announced to the market on 20 June 2017
-------------------------------------- --------------------------------------------
c. Price(s) and volume(s) Price(s) Volume(s)
GBP0.06 214, 231
-------------------------------------- --------------------- ---------------------
d. Aggregated information
* Aggregated volume
214,231
GBP12,854
* Price
-------------------------------------- --------------------------------------------
e. Date of the transaction 6 July 2018
-------------------------------------- --------------------------------------------
f. Place of the transaction Off market
-------------------------------------- --------------------------------------------
9. Details of the person discharging managerial responsibilities
/ person closely associated
a. Name Keith Marshall
-------------------------------------- --------------------------------------------
10. Reason for the notification
------------------------------------------------------------------------------------
a. Position/status PDMR
-------------------------------------- --------------------------------------------
b. Initial notification Initial Notification
/Amendment
-------------------------------------- --------------------------------------------
11. Details of the issuer, emission allowance market participant,
auction platform, auctioneer or auction monitor
------------------------------------------------------------------------------------
a. Name Shanta Gold Limited
-------------------------------------- --------------------------------------------
b. LEI 2138004VR5BVV1VD7P81
-------------------------------------- --------------------------------------------
12. 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 Ordinary shares of 0.01 pence each
the
Financial instrument, GB00BOC6R828
type of instrument
Identification
code
-------------------------------------- --------------------------------------------
b. Nature of the Subscription for new ordinary shares as
transaction part of salary/fee sacrifice arrangement
announced to the market on 20 June 2017
-------------------------------------- --------------------------------------------
c. Price(s) and volume(s) Price(s) Volume(s)
GBP0.06 214,231
-------------------------------------- --------------------- ---------------------
d. Aggregated information
* Aggregated volume
214,231
GBP12,854
* Price
-------------------------------------- --------------------------------------------
e. Date of the transaction 6 July 2018
-------------------------------------- --------------------------------------------
f. Place of the transaction Off market
-------------------------------------- --------------------------------------------
ENDS
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END
DSHFQLFBVDFFBBZ
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