Strategic Minerals PLC PDMR Dealing (7820X)
November 29 2017 - 1:01AM
UK Regulatory
TIDMSML
RNS Number : 7820X
Strategic Minerals PLC
29 November 2017
29 November 2017
Strategic Minerals plc
("Strategic Minerals" or the "Company" or "SML")
PDMR Dealing
Strategic Minerals plc (AIM: SML; USOTC: SMCDY) has been
informed that John Peters, Managing Director of the Company,
acquired a total of 500,000 ordinary shares in the Company at a
price of 1.8915 pence per share on 28 November 2017. Following this
acquisition, Mr Peters has a beneficial interest in 20,500,000
ordinary shares in the Company, representing 1.55% of the Company's
issued share capital.
The notification below, made in accordance with the requirements
of the EU Market Abuse Regulation, provides further detail on the
acquisition of shares in the Company by a director.
Market Abuse Regulation (MAR) Disclosure
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: Mr. John Peters
--- -------------------------------- ----------------------------------------
2. Reason for the notification
--- --------------------------------------------------------------------------
a) Position/status: Managing Director
--- -------------------------------- ----------------------------------------
b) Initial notification/Amendment: Initial notification
--- -------------------------------- ----------------------------------------
3. Details of the issuer, emission allowance
market participant, auction platform, auctioneer
or auction monitor
--- --------------------------------------------------------------------------
a) Name: Strategic Minerals
plc
--- -------------------------------- ----------------------------------------
b) LEI: 213800DICA5NPVOJT776
--- -------------------------------- ----------------------------------------
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 Ordinary shares of
financial instrument, 0.1p each
type of instrument:
Identification code: GB00B4W8PD74
--- -------------------------------- ----------------------------------------
b) Nature of the transaction: Acquisition of shares
--- -------------------------------- ----------------------------------------
c) Price(s) and volume(s): Price(s) Volume(s)
---------- ----------
1.8915
pence 500,000
---------- ----------
--- -------------------------------- ----------------------------------------
d) Aggregated information: Single transaction
Aggregated volume: as in 4 c) above Price(s) Volume(s)
Price: ---------- ----------
1.8915
pence 500,000
---------- ----------
--- -------------------------------- ----------------------------------------
e) Date of the transaction: 28 November 2017
--- -------------------------------- ----------------------------------------
f) Place of the transaction: London Stock Exchange,
AIM (XLON)
--- -------------------------------- ----------------------------------------
For further information, please contact:
+61 (0) 414
Strategic Minerals plc 727 965
John Peters
Managing Director
www.strategicminerals.net
Follow Strategic Minerals on:
Vox Markets: https://www.voxmarkets.co.uk/company/SML/
Twitter: @SML_Minerals
LinkedIn: https://www.linkedin.com/company/strategic-minerals-plc
Facebook: https://www.facebook.com/search/top/?q=strategic%20minerals%20plc
+44 (0)20 3470
SP Angel Corporate Finance LLP 0470
Nominated Adviser and Broker
Ewan Leggat
Yellow Jersey PR
+44 (0)7747
Charles Goodwin 788 221
+44 (0)7880
Julia Kalcheva 318 276
+44 (0)7769
Joe Burgess 325 254
+44 (0)7951
Henry Wilkinson 402 336
Notes to Editors
Strategic Minerals Plc is an AIM-quoted, diversified mineral
development and production company with projects in the United
States of America, the UK and Australia. The Company is focused on
acquiring and developing cash generative, high quality projects
which meet local market demand for commodities and utilising this
cash flow to undertake value added exploration.
In September 2011, Strategic Minerals purchased its first cash
generating asset; the Cobre magnetite tailings dam project in New
Mexico, USA which it brought into production in 2012 and which
continues to provide a revenue stream for the Company. The
portfolio was expanded in January 2016 with the acquisition of
shares in Central Australian Rare Earths Pty Ltd, which holds
tenements in Western Australia and the Northern Territory that are
prospective for cobalt, gold, nickel sulphides and rare earths. The
Company has since acquired all shares in Central Australian Rare
Earths Pty Ltd. In May 2016, an additional exploration asset was
acquired when the company entered into an agreement with New Age
Exploration Limited to acquire up to 50% of the Redmoor
Tin/Tungsten project in Cornwall, UK. This 50% acquisition has now
been completed and drilling at the project has commenced.
This information is provided by RNS
The company news service from the London Stock Exchange
END
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