TIDMPRS

RNS Number : 6419T

Paternoster Resources PLC

04 July 2018

4 July 2018

Paternoster Resources plc

("Paternoster" or the "Company")

Directors' Dealings

Paternoster Resources Plc announces that it has been informed of dealings on 3 July 2018 by Nicholas Lee, Chairman, and Andrew Nesbitt, Non-Executive Director in the Ordinary Shares of 0.1 pence ("Shares") in the Company.

Mr Lee subscribed for 20,000,000 Shares at a price of 0.1 pence per Share, and Mr Nesbitt subscribed for 10,000,000 Shares at a price of 0.1 pence per Share, both subscriptions under the Teathers App.

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

 
                       Ordinary Shares       Total Shares    % of Issued 
                                                             Share Capital 
    Directors      Direct       Indirect* 
                  -----------  ----------- 
 Nicholas 
  Lee              24,250,000   21,764,706     46,014,706             0.73 
                  -----------  -----------  -------------  --------------- 
 Andrew Nesbitt    10,000,000            0     10,000,000             0.15 
                  -----------  -----------  -------------  --------------- 
 

* 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 the                  Ordinary Shares of 0.1p each 
       financial instrument, 
       type of instrument 
 
      Identification code                 ISIN: GB0001636918 
 
 b)   Nature of the transaction           Purchase of Shares 
     ----------------------------------  ----------------------------------- 
 c)   Price(s) and volume(s)                 Price(s)   Volume(s) 
                                              0.1p       20,000,000 
                                                        ----------- 
                                           ------------------------------- 
 
 d)   Aggregated information 
 
      - Aggregated volume                 n/a 
 
      - Price                             n/a 
 
 e)   Date of the transaction             3 July 2018 
     ----------------------------------  ----------------------------------- 
 f)   Place of the transaction            London Stock Exchange - AIM 
     ----------------------------------  ----------------------------------- 
 
 
 1    Details of the person discharging managerial responsibilities 
       / person closely associated 
 a)   Name                                Andrew Nesbitt 
     ----------------------------------  ----------------------------------- 
 2    Reason for the notification 
     ----------------------------------------------------------------------- 
 a)   Position/status                     Non-Executive Director 
     ----------------------------------  ----------------------------------- 
 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 the                  Ordinary Shares of 0.1p each 
       financial instrument, 
       type of instrument 
 
      Identification code                 ISIN: GB0001636918 
 
 b)   Nature of the transaction           Purchase of Shares 
     ----------------------------------  ----------------------------------- 
 c)   Price(s) and volume(s)                 Price(s)   Volume(s) 
                                              0.1p       10,000,000 
                                                        ----------- 
                                           ------------------------------- 
 
 d)   Aggregated information 
 
      - Aggregated volume                 n/a 
 
      - Price                             n/a 
 
 e)   Date of the transaction             3 July 2018 
     ----------------------------------  ----------------------------------- 
 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

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July 04, 2018 12:05 ET (16:05 GMT)

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