TIDMPRS

RNS Number : 5860P

Paternoster Resources PLC

29 May 2018

29 May 2018

Paternoster Resources plc

("Paternoster" or the "Company")

Directors' Dealings

Paternoster Resources Plc announces that it has been informed of dealings on 25 May 2018 by Nicholas Lee, Chairman, in the Ordinary Shares of 0.1 pence ("Shares") in the Company.

Mr Lee has purchased 10,000,000 Shares at a price of 0.111 pence per Share.

The table below sets out the total shareholding and interests of Mr Lee in the share capital of the Company:

 
                 Ordinary Shares       Total Shares    % of Issued 
                                                       Share Capital 
-----------  -----------------------  -------------  --------------- 
 Directors    Direct      Indirect* 
-----------  ----------  -----------  -------------  --------------- 
 Nicholas 
  Lee         4,250,000   21,764,706     26,014,706             1.45 
-----------  ----------  -----------  -------------  --------------- 
 

* shares held in SIPP

This announcement contains inside information for the purposes of Article 7 of EU Regulation 596/2014.

For more information, please contact:

Paternoster Resources plc: +44 (0) 20 7580 7576

Nicholas Lee, Chairman

Nominated Adviser: +44 (0) 20 7628 3396

Beaumont Cornish

Roland Cornish/Rosalind Hill Abrahams/Felicity Geidt

Joint Broker: +44 (0) 20 7186 0050

Shard Capital Partners LLP

Damon Heath

Erik Woolgar

Joint Broker:

Peterhouse Capital Limited +44 (0) 20 7562 3351

Lucy Williams

The following disclosure is made in accordance with Article 19 of the EU Market Abuse Regulation 596/2014.

 
 1    Details of the person discharging managerial 
       responsibilities / person closely associated 
---  ------------------------------------------------------------- 
 a)   Name                        Nicholas Lee 
---  --------------------------  --------------------------------- 
 2    Reason for the notification 
---  ------------------------------------------------------------- 
 a)   Position/status             Chairman 
---  --------------------------  --------------------------------- 
 b)   Initial notification        Initial Notification 
       /Amendment 
---  --------------------------  --------------------------------- 
 3    Details of the issuer, emission allowance 
       market participant, auction platform, auctioneer 
       or auction monitor 
---  ------------------------------------------------------------- 
 a)   Name                        Paternoster Resources Plc 
---  --------------------------  --------------------------------- 
 b)   LEI                         2138005S1G2RM953YX87 
---  --------------------------  --------------------------------- 
 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 0.1p each 
       the financial 
       instrument, type 
       of instrument 
--- 
 
      Identification              ISIN: GB0001636918 
       code 
 
 b)   Nature of the               Purchase of Shares 
       transaction 
---  --------------------------  --------------------------------- 
 c)   Price(s) and volume(s)         Price(s)   Volume(s) 
                                     ---------  ----------- 
                                      0.111p     10,000,000 
                                     ---------  ----------- 
---                                ----------------------------- 
 
 d)   Aggregated information 
--- 
 
      - Aggregated volume         n/a 
 
      - Price                     n/a 
 
 e)   Date of the transaction     25 May 2017 
---  --------------------------  --------------------------------- 
 f)   Place of the transaction    London Stock Exchange - AIM 
---  --------------------------  --------------------------------- 
 

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.

END

DSHEKLFLVEFZBBD

(END) Dow Jones Newswires

May 29, 2018 11:47 ET (15:47 GMT)

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