Anglo Pacific Group PLC Announces Director Share Dealings in Company
Director Share Dealings in Company
LONDON, January 23, 2020 - Anglo Pacific Group PLC ("Anglo Pacific", the "Company") (LSE:APF)(TSX:APY) announces that it received notification of the following transaction by Spruce Bluff Resources Limited (person closely associated with Mr. Robert (Bob) Stan, Non-Executive Director of Anglo Pacific).
On 21 January 2020, Spruce Bluff Resources Limited, a person closely associated with Robert Stan, acquired 8,000 shares ("Shares") at a price of 183.00p per share.
The transaction took place on the London Stock Exchange.
Following this notification, the total beneficial holding of Shares by Spruce Bluff Resources Limited and persons closely associated is 265,265 Shares, representing 0.15%, of the issued ordinary share capital of the Company.
Director Share Dealings - Further information
The notifications below, made in accordance with the requirements of the EU Market Abuse Regulations, provides further detail in respect of the transactions as described at the beginning of this announcement.
| 1. | Details of the person discharging managerial responsibilities / person closely associated | |
| a. | Name | Spruce Bluff Resources Limited |
| 2. | Reason for the notification | |
| a. | Position/status | PCA of Mr. Robert Stan, Non-Executive Director of Anglo Pacific Group |
| b. | Initial notification/Amendment | Initial Notification |
| 3. | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | |
| a. | Name | |
| b. | Legal Entity Identifier code | 213800LXSV317746JZ71 |
| 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 | 2p Ordinary Shares GB0006449366 |
| b. | Nature of the transaction | Acquisition of Shares |
| c. | Price(s) and volume(s) | Price(s) Volume(s) 183.00p 8,000 |
| d. | Aggregated information ·Aggregated volume ·Price | 8,000 183.00p |
| e. | Date of the transaction | 21 January 2020 |
| f. | Place of the transaction | London Stock Exchange, Main Market (XLON) |
For further information:
| Julian Treger - Chief Executive Officer Kevin Flynn - Chief Financial Officer and Company Secretary | +44 (0) 20 3435 7400 |
| Website: | www.anglopacificgroup.com |
| Berenberg | +44 (0) 20 3207 7800 |
| Matthew Armitt / Jennifer Wyllie / Detlir Elezi | |
| Peel Hunt LLP | +44 (0) 20 7418 8900 |
| Ross Allister / James Bavister | |
| RBC Capital Markets | +44 (0) 20 7653 4000 |
| Farid Dadashev / Marcus Jackson / Jamil Miah | |
| Capital Market Communications Limited (Camarco) | +44 (0) 20 3757 4997 |
| Gordon Poole / Owen Roberts / James Crothers |
Notes to Editors
About the Company
Anglo Pacific Group PLC is a global natural resources royalty and streaming company. The Company's strategy is to develop a leading international diversified royalty and streaming company with a portfolio centred on base metals and bulk materials, focusing on accelerating income growth through acquiring royalties on projects that are currently cash flow generating or are expected to be within the next 24 months, as well as investment in earlier stage royalties. It is a continuing policy of the Company to pay a substantial portion of these royalties to shareholders as dividends.
This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com
SOURCE: Anglo Pacific Group PLC
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