30 November
2022
Cloudbreak
Discovery Plc
(‘Cloudbreak’, or ‘the Company’)
PDMR
Notification
Cloudbreak Discovery Plc (LSE: CDL), a natural resource
project generator, announces that Cronin Services Ltd, a company
controlled by Samuel “Kyler” Hardy, the Chief Executive Officer of
Cloudbreak has acquired 189,644 Ordinary Shares of £0.001 in
Cloudbreak (‘Ordinary Shares’) at 2.0p per share. Kyler Hardy
now as an interest in 112,927,684 Ordinary Shares representing
19.45% of the issue share capital of the Company.
This announcement contains inside information for the purposes
of Article 7 of the Market Abuse Regulation (EU) 596/2014 as it
forms part of UK domestic law by virtue of the European Union
(Withdrawal) Act 2018 ("MAR"), and is disclosed in accordance with
the Company's obligations under Article 17 of MAR.
- Ends -
For additional information please contact:
| Cloudbreak
Discovery PLC |
Tel: +1
604 428 9480 |
|
|
Kyler Hardy, CEO |
khardy@cloudbreakdiscovery.com |
|
|
|
|
|
|
Novum
Securities
(Financial Adviser) |
Tel: +44 7399
9400 |
|
|
David Coffman / George Duxberry |
|
|
|
Shard
Capital Partners
(Broker) |
Tel: +44
207 186 9900
Damon Heath / Isabella Pierre |
|
|
|
|
|
|
|
BlytheRay
(Financial PR/IR-London) |
Tel: +44 207 138
3204 |
Cloudbreak@blytheray.com |
|
Tim Blythe |
|
|
Megan Ray |
|
|
|
|
Stellium Services
(Investor Relations) |
Tel: +44(0)207 129
1205 |
Cloudbreak@StelliumServices.com |
|
www.StelliumServices.com |
Andrew Wilson |
|
|
Claire Bowden |
|
About Cloudbreak Discovery PLC
Cloudbreak Discovery PLC is a leading natural resource project
generator and royalty business. Cloudbreak is focused on energy
royalty acquisitions with the aim of bringing near-term cashflow
and driving shareholder value. Its primary operating jurisdiction
is the United States, but the
Company also deploys its project generation model in the
international energy sector to acquire minority interests in
projects of merit.
Through its wholly owned but independently operated subsidiary,
Cloudbreak Exploration Inc., the Company will develop its array of
mineral assets, whilst continuing to generate new projects with a
particular focus on commodities key to the energy transition.
Cloudbreak’s generative model across the energy and mineral
sector enables a multi-asset approach to investing and exploration.
Diversification within the natural resource sector and amongst
resource classes is key to withstanding the cycles of
investing.
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: |
Samuel “Kyler” Hardy |
| 2. |
Reason for the
notification |
| a) |
Position/status: |
Chief Executive Officer |
| b) |
Initial notification/Amendment: |
Initial notification |
| 3. |
Details of the
issuer, emission allowance market participant, auction platform,
auctioneer or auction monitor |
| a) |
Name: |
Cloudbreak Discovery Plc |
| b) |
LEI: |
213800ZLZVEPOS7YID88 |
| 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
financial instrument, type of instrument:
Identification code: |
Ordinary shares of
£0.001
ISIN Code: GB00B44LQR57 |
| b) |
Nature of the transaction: |
Acquisition of Ordinary
Shares |
| c) |
Price(s) and volume(s): |
| Price(s) |
Volume(s) |
| 2.0p |
189,644 |
|
| d) |
Aggregated
information:
·Aggregated volume:
· Price: |
N/A |
| e) |
Date of the transaction: |
October 25, 2022 |
| f) |
Place of the transaction: |
London, UK |