Cadence Minerals PLC Director Share Purchases (9680H)
11 Abril 2022 - 05:14AM
UK Regulatory
TIDMKDNC
RNS Number : 9680H
Cadence Minerals PLC
11 April 2022
Cadence Minerals Plc
("Cadence Minerals", "Cadence" or "the Company")
Director Share Purchases
Cadence (AIM:KDNC), the mining investment company, announces
that on the 8 April the following director purchased ordinary
shares in the Company.
Director Position Number of ordinary shares Price paid per
acquired share (GBP)
Kiran Morzaria Director & CEO 54,422 0.1837
---------------- -------------------------- ---------------
After this acquisition and the transfer of the Employee Benefit
Trust ("EBT") shares under the 2021 share incentive scheme which
vested and were announced on the 30 June 2021 and 14 January 2022 ,
the total notifiable share interest in the Company for the
directors is as follows
Director Position Total holding of ordinary
shares
Kiran Morzaria Director & CEO 1,326,422
------------------------ --------------------------
Donald Strang Finance Director 957,545
------------------------ --------------------------
Andrew Suckling Non-Executive Chairman 381,602
------------------------ --------------------------
Adrian Fairbourn Non-Executive Director 731,005
------------------------ --------------------------
- Ends -
For further information: Cadence Minerals plc +44 (0) 7879 584153
Andrew Suckling
Kiran Morzaria
WH Ireland Limited (NOMAD
& Broker) +44 (0) 207 220 1666
James Joyce
Darshan Patel
Novum Securities Limited
(Joint Broker) +44 (0) 207 399 9400
Jon Belliss
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 Kiran Morzaria
--------------------------------------------------------------- ----------------------------------------
2 Reason for the notification
---------------------------------------------------------------------------------------------------------
a) Position/status Director & CEO
--------------------------------------------------------------- ----------------------------------------
b) Initial notification/ Amendment Initial notification
--------------------------------------------------------------- ----------------------------------------
3 Details of the issuer, emission allowance market participant, auction platform, auctioneer
or auction monitor
---------------------------------------------------------------------------------------------------------
a) Name Cadence Minerals PLC
--------------------------------------------------------------- ----------------------------------------
b) LEI 213800TUZWG9C2GRNO58
--------------------------------------------------------------- ----------------------------------------
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 Ordinary Share
Identification code
GB00B067JC96
--------------------------------------------------------------- ----------------------------------------
b) Nature of the transaction Share Purchase, Share Incentive Scheme
--------------------------------------------------------------- ----------------------------------------
c) Price(s) and volume(s) Price(s) Volume(s)
0.1837 54,422
----------
0.183 160,000
----------
--------------------------------------------------------------- ----------------------------------------
d) Aggregated information
* Aggregated volume 214,422
0.1831
* Price
--------------------------------------------------------------- ----------------------------------------
e) Date of the transaction 08/04/2022
--------------------------------------------------------------- ----------------------------------------
f) Place of the transaction XLON, AIM
--------------------------------------------------------------- ----------------------------------------
1 Details of the person discharging managerial responsibilities/person closely associated
---------------------------------------------------------------------------------------------------------
a) Name Donald Strang
--------------------------------------------------------------- ----------------------------------------
2 Reason for the notification
---------------------------------------------------------------------------------------------------------
a) Position/status Finance Director
--------------------------------------------------------------- ----------------------------------------
b) Initial notification/ Amendment Initial notification
--------------------------------------------------------------- ----------------------------------------
3 Details of the issuer, emission allowance market participant, auction platform, auctioneer
or auction monitor
---------------------------------------------------------------------------------------------------------
a) Name Cadence Minerals PLC
--------------------------------------------------------------- ----------------------------------------
b) LEI 213800TUZWG9C2GRNO58
--------------------------------------------------------------- ----------------------------------------
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 Ordinary Share
Identification code
GB00B067JC96
--------------------------------------------------------------- ----------------------------------------
b) Nature of the transaction Share Incentive Scheme
--------------------------------------------------------------- ----------------------------------------
c) Price(s) and volume(s) Price(s) Volume(s)
0.183 160,000
----------
--------------------------------------------------------------- ----------------------------------------
d) Aggregated information
* Aggregated volume 160,000
0.183
* Price
--------------------------------------------------------------- ----------------------------------------
e) Date of the transaction 08/04/2022
--------------------------------------------------------------- ----------------------------------------
f) Place of the transaction XLON, AIM
--------------------------------------------------------------- ----------------------------------------
1 Details of the person discharging managerial responsibilities/person closely associated
---------------------------------------------------------------------------------------------------------
a) Name Andrew Suckling
--------------------------------------------------------------- ----------------------------------------
2 Reason for the notification
---------------------------------------------------------------------------------------------------------
a) Position/status Non-Executive Chairman
--------------------------------------------------------------- ----------------------------------------
b) Initial notification/ Amendment Initial notification
--------------------------------------------------------------- ----------------------------------------
3 Details of the issuer, emission allowance market participant, auction platform, auctioneer
or auction monitor
---------------------------------------------------------------------------------------------------------
a) Name Cadence Minerals PLC
--------------------------------------------------------------- ----------------------------------------
b) LEI 213800TUZWG9C2GRNO58
--------------------------------------------------------------- ----------------------------------------
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 Ordinary Share
Identification code
GB00B067JC96
--------------------------------------------------------------- ----------------------------------------
b) Nature of the transaction Share Incentive Scheme
--------------------------------------------------------------- ----------------------------------------
c) Price(s) and volume(s) Price(s) Volume(s)
0.183 160,000
----------
--------------------------------------------------------------- ----------------------------------------
d) Aggregated information
* Aggregated volume 160,000
0.183
* Price
--------------------------------------------------------------- ----------------------------------------
e) Date of the transaction 08/04/2022
--------------------------------------------------------------- ----------------------------------------
f) Place of the transaction XLON, AIM
--------------------------------------------------------------- ----------------------------------------
1 Details of the person discharging managerial responsibilities/person closely associated
---------------------------------------------------------------------------------------------------------
a) Name Adrian Fairbourn
--------------------------------------------------------------- ----------------------------------------
2 Reason for the notification
---------------------------------------------------------------------------------------------------------
a) Position/status Non-Executive Director
--------------------------------------------------------------- ----------------------------------------
b) Initial notification/ Amendment Initial notification
--------------------------------------------------------------- ----------------------------------------
3 Details of the issuer, emission allowance market participant, auction platform, auctioneer
or auction monitor
---------------------------------------------------------------------------------------------------------
a) Name Cadence Minerals PLC
--------------------------------------------------------------- ----------------------------------------
b) LEI 213800TUZWG9C2GRNO58
--------------------------------------------------------------- ----------------------------------------
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 Ordinary Share
Identification code
GB00B067JC96
--------------------------------------------------------------- ----------------------------------------
b) Nature of the transaction Share Incentive Scheme
--------------------------------------------------------------- ----------------------------------------
c) Price(s) and volume(s) Price(s) Volume(s)
0.183 160,000
----------
--------------------------------------------------------------- ----------------------------------------
d) Aggregated information
* Aggregated volume 160,000
0.183
* Price
--------------------------------------------------------------- ----------------------------------------
e) Date of the transaction 08/04/2022
--------------------------------------------------------------- ----------------------------------------
f) Place of the transaction XLON, AIM
--------------------------------------------------------------- ----------------------------------------
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END
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April 11, 2022 06:14 ET (10:14 GMT)
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