Directors Share Dealings
NOT FOR DISTRIBUTION TO US NEWSWIRE SERVICES NOR FOR DISSEMINATION IN THE UNITED STATES OF AMERICA
DIDCOT, October 19, 2018 - Altus Strategies Plc (AIM: ALS & TSX-V: ALTS), the Africa focused exploration project generator, announces that the Company has been advised of the following share purchases by directors of the Company:
| Director | Position | Shares purchased | Price per share (1) | Resultant beneficial shareholding | Holding as a percent of issued capital |
| Matthew Grainger (2) | Executive Director | 350,000 | 0.0373 | 9,097,500 | 5.12% |
| Robert Milroy (3) | Non-Executive Director | 325,000 | 0.0363 | 575,000 | 0.32% |
Notes:
- Price per share may represent the aggregate weighted average price paid per share
- Beneficial shareholding includes 720,000 Altus shares held by Anna Grainger
- Held through Milroy Capital Limited, a company controlled by Robert Milroy
For further information you are invited to visit the Company’s website www.altus-strategies.com or contact:
| Altus Strategies Plc Steven Poulton, Chief Executive | Tel: +44 (0) 1235 511 767 E: info@altus-strategies.com |
| SP Angel (Nominated Adviser) Richard Morrison / Soltan Tagiev | Tel: +44 (0) 20 3470 0470 |
| SP Angel (Broker) Richard Parlons / Jonathan Williams | Tel: +44 (0) 20 3470 0471 |
| Blytheweigh (Financial PR) Tim Blythe / Camilla Horsfall / James Husband | Tel: +44 (0) 20 7138 3204 |
About Altus Strategies Plc
Altus is a London (AIM: ALS) and Toronto (TSX-V: ALTS) listed, diversified and Africa focused mineral exploration project generator. Through our subsidiaries we discover new projects and attract third party capital to fund their growth, development and ultimately exit optionality. This strategy enables Altus to remain focused on the acquisition of new opportunities to be fed into the project generation cycle and aims to minimise shareholder dilution. Our business model is designed to create a growing portfolio of well managed and high growth potential projects and royalties, diversified by commodity and by country. Altus currently has eighteen projects in six commodities across six countries. We aim to position our shareholders at the vanguard of value creation, but with significantly reduced risks traditionally associated with investments in the mineral exploration sector.
Cautionary Note Regarding Forward-Looking Statements
Certain statements in this news release contain forward-looking information. These statements address future events and conditions and, as such, involve known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements to be materially different from any future results, performance or achievements expressed or implied by the statements. Such factors include without limitation the completion of planned expenditures, the ability to complete exploration programs on schedule and the success of exploration programs. Readers are cautioned not to place undue reliance on the forward-looking information, which speak only as of the date of this news release.
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
Market Abuse Regulation (MAR) Disclosure
Certain information contained in this announcement would have been deemed inside information for the purposes of Article 7 of Regulation (EU) No 596/2014 until the release of this announcement.
NOTIFICATION AND PUBLIC DISCLOSURE OF TRANSACTIONS BY PERSONS DISCHARGING MANAGERIAL RESPONSIBILITIES AND PERSONS CLOSELY ASSOCIATED WITH THEM:
| 1 | Details of the relevant person / person closely associated | |||||||
| a) | Name | MATTHEW GRAINGER | ||||||
| 2 | Reason for the notification | |||||||
| a) | Position/status | EXECUTIVE DIRECTOR | ||||||
| b) | Initial notification/ Amendment | INITIAL NOTIFICATION | ||||||
| 3 | Details of the issuer | |||||||
| a) | Name | |||||||
| b) | LEI | 213800IP93D9LMFIUA28 | ||||||
| 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 | SHARE | ||||||
| Identification code | ISIN: GBOOBYT26M80 | |||||||
| b) | Nature of the transaction | PURCHASE OF SHARES | ||||||
| c) | Price(s) and volume(s) |
| ||||||
| d) | Aggregated information | |||||||
| Aggregated volume | 150,000 | |||||||
| Price | £0.0367 | |||||||
| e) | Date of the transaction | 16/10/18 | ||||||
| f) | Place of the transaction | London Stock Exchange, AIM | ||||||
| 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 | SHARE | ||||||
| Identification code | ISIN: GBOOBYT26M80 | |||||||
| b) | Nature of the transaction | PURCHASE OF SHARES | ||||||
| c) | Price(s) and volume(s) |
| ||||||
| d) | Aggregated information | |||||||
| Aggregated volume | 94,986 | |||||||
| Price | £0.037 | |||||||
| e) | Date of the transaction | 17/10/18 | ||||||
| f) | Place of the transaction | London Stock Exchange, AIM | ||||||
| 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 | SHARE | ||||||
| Identification code | ISIN: GBOOBYT26M80 | |||||||
| b) | Nature of the transaction | PURCHASE OF SHARES | ||||||
| c) | Price(s) and volume(s) |
| ||||||
| d) | Aggregated information | |||||||
| Aggregated volume | 105,014 | |||||||
| Price | £0.0385 | |||||||
| e) | Date of the transaction | 18/10/18 | ||||||
| f) | Place of the transaction | London Stock Exchange, AIM | ||||||
| 1 | Details of the relevant person / person closely associated | |||||||
| a) | Name | MILROY CAPITAL LTD – GUERNSEY No: 30911 | ||||||
| 2 | Reason for the notification | |||||||
| a) | Position/status | AN ENTITY OF WHICH ROBERT MILROY, NON-EXECUTIVE DIRECTOR, CONTROLS | ||||||
| b) | Initial notification/ Amendment | INITIAL NOTIFICATION | ||||||
| 3 | Details of the issuer | |||||||
| a) | Name | |||||||
| b) | LEI | 213800IP93D9LMFIUA28 | ||||||
| 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 | SHARE | ||||||
| Identification code | ISIN: GBOOBYT26M80 | |||||||
| b) | Nature of the transaction | PURCHASE OF SHARES | ||||||
| c) | Price(s) and volume(s) |
| ||||||
| d) | Aggregated information | |||||||
| Aggregated volume | 325,000 | |||||||
| Price | £0.0363 | |||||||
| e) | Date of the transaction | 17/10/18 | ||||||
| f) | Place of the transaction | London Stock Exchange, AIM | ||||||
SOURCE: Altus Strategies Plc
