Source - RNS
RNS Number : 3140L
Aurum Mining PLC
30 September 2016
 

30 September 2016

 

AURUM MINING PLC

("Aurum" or the "Company")

 

Director/PDMR Shareholding

 

Aurum Mining plc (AIM: AUR), the Spanish focused gold and tungsten explorer announces that Directors, David Williams and Chris Eadie (via his wife), have subscribed for new ordinary shares in the Company at a price of 1 pence per share through their participation in the placing announced on 21 September 2016.

 

Following the subscriptions, Mr Williams' interest in the share capital of the Company has increased to a total of 81,083,994 ordinary shares representing 27.6% of the Company's enlarged issued share capital and Mr Eadie's interest in the share capital of the Company has increased to a total of 4,500,001 ordinary shares representing 1.5% of the Company's enlarged issued share capital.

The below notifications made by David Williams and Chris Eadie in accordance with the requirements of the EU Market Abuse Regulation, provide further detail.

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

 

 

 

David Williams

2

 

Reason for the notification

 

a)

 

Position/status

 

 

Director

b)

 

Initial notification /Amendment

 

 

Initial Notification

3

 

Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor

 

a)

 

Name

 

 

Aurum Mining plc

b)

 

LEI

 

 

-

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

 

 

 

Ordinary shares of 1p each

 

GB00B00T3528

 

b)

 

Nature of the transaction

 

 

Subscription

c)

 

Price(s) and volume(s)

 

 

 

Price(s)

 

Volume(s)

1p

30,000,000

 

 

 

d)

 

Aggregated information

 

 

- Aggregated volume

 

 

- Price

 

 

 

 

 

 

n/a

 

 

 

e)

 

Date of the transaction

 

 

29 September 2016

f)

 

Place of the transaction

 

 

London Stock Exchange, AIM

 

 

1

 

Details of the person discharging managerial responsibilities / person closely associated

 

a)

 

Name

 

 

 

Chris Eadie

2

 

Reason for the notification

 

a)

 

Position/status

 

 

Director

b)

 

Initial notification /Amendment

 

 

Initial Notification

3

 

Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor

 

a)

 

Name

 

 

Aurum Mining plc

b)

 

LEI

 

 

-

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

 

 

 

Ordinary shares of 1p each

 

GB00B00T3528

 

b)

 

Nature of the transaction

 

 

Subscription

c)

 

Price(s) and volume(s)

 

 

 

Price(s)

 

Volume(s)

1p

3,500,000

 

 

 

d)

 

Aggregated information

 

 

- Aggregated volume

 

 

- Price

 

 

 

 

 

 

n/a

 

 

 

e)

 

Date of the transaction

 

 

29 September 2016

f)

 

Place of the transaction

 

 

London Stock Exchange, AIM

 

 

 

Contacts:




Aurum Mining plc

www.aurummining.net

David Williams

+44 (0) 797 014 8016

Chris Eadie

+44 (0) 796 820 9298



WH Ireland Limited

Nominated Adviser & Broker

Mike Coe, Ed Allsopp

+44 (0) 117 945 3470



 

Notes to Editors:

 

Aurum Mining is an AIM listed exploration and development company focused on its highly prospective portfolio of gold and tungsten assets in North West Spain.

 

Gold

Through its joint venture agreement with Ormonde Mining plc (AIM: ORM), Aurum currently has a 56.5% interest in the Pino de Oro project in Zamora Province and a 51.4% interest in the Peralonso and Cabeza projects in Salamanca Province.

 

Tungsten

Aurum's 20% owned Morille Tungsten project is located approximately 15km south west of Salamanca in North West Spain and covers an area of 5,796 hectares. The permit area is a 'brownfield' site with historical data indicating production from the site of high quality tungsten concentrates.

 

 


This information is provided by RNS
The company news service from the London Stock Exchange
 
END
 
 
DSHAKKDBOBKKNCN

Related Charts

Aurum Mining (AUR)

-0.13p (-2.82%)
delayed 18:15PM