TIDMTRR

RNS Number : 6056O

Trident Resources Plc

02 June 2020

2 June 2020

TRIDENT RESOURCES PLC

("Trident" or the "Company")

Director Shareholdings

Following the Company's admission to trading on AIM this morning, the Company wishes to notify the following holdings of ordinary shares of GBP0.01 in the Company ("Ordinary Shares") by Directors, following their subscription for shares in the placing.

 
                                                                         Percentage 
                                                Shares                    interest 
                                              subscribed     Resultant     in the 
                                                  for         holding      Company 
 James Kelly      Chairman                         200,000     340,000         0.3% 
 Adam Davidson    CEO                               30,000      95,000         0.1% 
 Al Gourley       Non-Executive Director         2,500,000   3,800,000         3.7% 
 Mark Potter      Non-Executive Director            75,000      75,000         0.1% 
 
 

In addition, Adam Davidson has been granted options over a total of 1,875,000 Ordinary Shares.

The following disclosures, made in accordance with Article 19 of the EU Market Abuse Regulation 596/2014, provide further details.

PDMR Notification Forms

The notifications below are made in accordance with the requirements of MAR.

 
 1.   Details of the person discharging managerial responsibilities 
       / person closely associated 
 a.   Name                                  Adam Davidson 
     ------------------------------------  ----------------------------- 
 2.   Reason for the notification 
     ------------------------------------------------------------------- 
 a.   Position/status                        Director & 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                                  Trident Resources Plc 
     ------------------------------------  ----------------------------- 
 b.   LEI                                    213800V6U8KJ7U2BV956 
     ------------------------------------  ----------------------------- 
 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          Ordinary Shares of GBP0.01 
       instrument, type of instrument        each 
       Identification code                   GB00BF7J2535 
     ------------------------------------  ----------------------------- 
 b.   Nature of the transaction             Purchase of ordinary shares 
     ------------------------------------  ----------------------------- 
 c.   Price(s) and volume(s)                 Price(s)        Volume(s) 
                                              20.0 p/share    30,000 
                                                             ---------- 
     ------------------------------------  ----------------------------- 
 d.            Aggregated information 
                 *    Aggregated volume       n/a single transaction 
 
 
                 *    Price 
     ------------------------------------  ----------------------------- 
 e.   Date of the transaction               2 June 2020 
     ------------------------------------  ----------------------------- 
 f.   Place of the transaction              Outside a trading venue 
     ------------------------------------  ----------------------------- 
 
 
 1.   Details of the person discharging managerial responsibilities 
       / person closely associated 
 a.   Name                                Adam Davidson 
     ----------------------------------  ------------------------------- 
 2.   Reason for the notification 
     ------------------------------------------------------------------- 
 a.   Position/status                      Director & 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                                Trident Resources Plc 
     ----------------------------------  ------------------------------- 
 b.   LEI                                  213800V6U8KJ7U2BV956 
     ----------------------------------  ------------------------------- 
 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        Ordinary Shares of GBP0.01 
       instrument, type of instrument      each 
       Identification code                 GB00BF7J2535 
     ----------------------------------  ------------------------------- 
 b.   Nature of the transaction           Grant of options over ordinary 
                                           shares 
     ----------------------------------  ------------------------------- 
 c.   Price(s) and volume(s)               Price(s)        Volume(s) 
                                            20.0 p/share     625,000 
                                             24.0p/share     625,000 
                                             28.0p/share     625,000 
                                                           ---------- 
     ----------------------------------  ------------------------------- 
 d.            Aggregated information 
                 *    Aggregated volume     1,875,000 options 
                                            Exercise prices as above 
 
                 *    Price 
     ----------------------------------  ------------------------------- 
 e.   Date of the transaction             2 June 2020 
     ----------------------------------  ------------------------------- 
 f.   Place of the transaction            Outside a trading venue 
     ----------------------------------  ------------------------------- 
 
 
 1.   Details of the person discharging managerial responsibilities 
       / person closely associated 
 a.   Name                                  James Kelly 
     ------------------------------------  ----------------------------- 
 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                                  Trident Resources Plc 
     ------------------------------------  ----------------------------- 
 b.   LEI                                    213800V6U8KJ7U2BV956 
     ------------------------------------  ----------------------------- 
 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          Ordinary Shares of GBP0.01 
       instrument, type of instrument        each 
       Identification code                   GB00BF7J2535 
     ------------------------------------  ----------------------------- 
 b.   Nature of the transaction             Purchase of ordinary shares 
     ------------------------------------  ----------------------------- 
 c.   Price(s) and volume(s)                 Price(s)        Volume(s) 
                                              20.0 p/share    200,000 
                                                             ---------- 
     ------------------------------------  ----------------------------- 
 d.            Aggregated information 
                 *    Aggregated volume       n/a single transaction 
 
 
                 *    Price 
     ------------------------------------  ----------------------------- 
 e.   Date of the transaction               2 June 2020 
     ------------------------------------  ----------------------------- 
 f.   Place of the transaction              Outside a trading venue 
     ------------------------------------  ----------------------------- 
 
 
 1.   Details of the person discharging managerial responsibilities 
       / person closely associated 
 a.   Name                                  Mark Potter 
     ------------------------------------  ----------------------------- 
 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                                  Trident Resources Plc 
     ------------------------------------  ----------------------------- 
 b.   LEI                                    213800V6U8KJ7U2BV956 
     ------------------------------------  ----------------------------- 
 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          Ordinary Shares of GBP0.01 
       instrument, type of instrument        each 
       Identification code                   GB00BF7J2535 
     ------------------------------------  ----------------------------- 
 b.   Nature of the transaction             Purchase of ordinary shares 
     ------------------------------------  ----------------------------- 
 c.   Price(s) and volume(s)                 Price(s)        Volume(s) 
                                              20.0 p/share    75,000 
                                                             ---------- 
     ------------------------------------  ----------------------------- 
 d.            Aggregated information 
                 *    Aggregated volume       n/a single transaction 
 
 
                 *    Price 
     ------------------------------------  ----------------------------- 
 e.   Date of the transaction               2 June 2020 
     ------------------------------------  ----------------------------- 
 f.   Place of the transaction              Outside a trading venue 
     ------------------------------------  ----------------------------- 
 
 
 1.   Details of the person discharging managerial responsibilities 
       / person closely associated 
 a.   Name                                  Albert Gourley 
     ------------------------------------  ----------------------------- 
 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                                  Trident Resources Plc 
     ------------------------------------  ----------------------------- 
 b.   LEI                                    213800V6U8KJ7U2BV956 
     ------------------------------------  ----------------------------- 
 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          Ordinary Shares of GBP0.01 
       instrument, type of instrument        each 
       Identification code                   GB00BF7J2535 
     ------------------------------------  ----------------------------- 
 b.   Nature of the transaction             Purchase of ordinary shares 
     ------------------------------------  ----------------------------- 
 c.   Price(s) and volume(s)                 Price(s)        Volume(s) 
                                              20.0 p/share    2,500,000 
                                                             ---------- 
     ------------------------------------  ----------------------------- 
 d.            Aggregated information 
                 *    Aggregated volume       n/a single transaction 
 
 
                 *    Price 
     ------------------------------------  ----------------------------- 
 e.   Date of the transaction               2 June 2020 
     ------------------------------------  ----------------------------- 
 f.   Place of the transaction              Outside a trading venue 
     ------------------------------------  ----------------------------- 
 

ENQUIRIES

 
 Trident Resources Plc              www.tridentroyalties.com 
  Adam Davidson                            +1 (757) 208-5171 
 Grant Thornton LLP (Nominated       www.grantthornton.co.uk 
  Adviser)                                  +44 207 383 5100 
  Colin Aaronson/ Richard Tonthat 
  / Seamus Fricker 
                                   ------------------------- 
 Tamesis Partners LLP (Financial     www.tamesispartners.com 
  Adviser and Broker)                       +44 203 882 2868 
  Richard Greenfield 
                                   ------------------------- 
 Yellow Jersey (Public Relations)     www.yellowjerseypr.com 
  Charles Goodwin                           +44 7747 788 221 
                                   ------------------------- 
 

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END

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