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RNS Number : 0921S

Cadence Minerals PLC

12 July 2022

Cadence Minerals Plc

("Cadence Minerals", "Cadence" or "the Company")

Director Share Purchases

Cadence (AIM/NEX: KDNC), the mining investment company, announces that on the 11 July 2022 the following director purchased ordinary shares in the Company.

 
 Director          Position    Number of ordinary shares   Price paid per 
                                acquired                    share (GBP) 
                   Director 
 Kiran Morzaria     & CEO      100,558                     0.099 
                  ----------  --------------------------  --------------- 
 

After this acquisition 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            1,426,980 
                    ------------------------  --------------------------------- 
 Donald Strang       Finance Director          957,545 
                    ------------------------  --------------------------------- 
 Andrew Suckling     Non-Executive Chairman    381,602 
                    ------------------------  --------------------------------- 
 Adrian Fairbourn    Non-Executive Director    731,005 
                    ------------------------  --------------------------------- 
 

- Ends -

 
 Cadence Minerals plc                                                           +44 (0) 20 3582 6636 
 Andrew Suckling 
 Kiran Morzaria 
 
 WH Ireland Limited (NOMAD                                                 +44 (0) 207 220 1666 
  & Broker) 
 James Joyce 
 Darshan Patel 
 

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) 
                                                                          GBP0.099    100,558 
                                                                                     ---------- 
     ----------------------------------------------------------------  ---------------------------------------- 
 d)    Aggregated information 
         *    Aggregated volume                                           100,558 
                                                                          GBP0.099 
 
         *    Price 
     ----------------------------------------------------------------  ---------------------------------------- 
 e)   Date of the transaction                                           11/07/2022 
     ----------------------------------------------------------------  ---------------------------------------- 
 f)   Place of the transaction                                          XLON, AIM 
     ----------------------------------------------------------------  ---------------------------------------- 
 
 

This announcement contains inside information for the purposes of Article 7 of the UK version of Regulation (EU) No 596/2014 which is part of UK law by virtue of the European Union (Withdrawal) Act 2018, as amended ("MAR"). Upon the publication of this announcement via a Regulatory Information Service, this inside information is now considered to be in the public domain.

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END

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(END) Dow Jones Newswires

July 12, 2022 02:00 ET (06:00 GMT)

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