Source - LSE Regulatory
RNS Number : 2895S
W Resources PLC
15 March 2021
 

 

 

 

 

 

 

 

 

 

15 March 2021

 

W Resources Plc

("W" or the "Company")

 

Director Dealing

W Resources Plc (AIM:WRES), the tungsten, copper and gold mining company with assets in Spain and Portugal, was notified by the Company's Chairman, Mr Michael Masterman on 12 March 2021 that on 9 March 2021, Symmall Pty Ltd, of which Mr Michael Masterman (a Director of the Company) is both a beneficiary and trustee, purchased on market 150,000,000 ordinary shares of 0.1p each ("Ordinary Shares") as follows:

·      95,000,000 Ordinary Shares at a price of GBP 0.0009095 per Ordinary Share

·      18,000,000 Ordinary Shares at a price of GBP 0.0009350 per Ordinary Share

·      37,000,000 Ordinary Shares at a price of GBP 0.0008520 per Ordinary Share

Following this transaction, Mr Michael Masterman's interest in the Company (including those of related parties) increases to 1,330,919,370 Ordinary Shares representing 17.26% of the Company's total voting rights.

The notification below, made in accordance with the requirements of the UK Market Abuse Regulation, provides further detail.

Enquires:

W Resources Plc

Paul Hailes, CFO

investor@wresources.com

www.wresources.com

Grant Thornton UK LLP

Colin Aaronson / Seamus Fricker

T: +44 (0) 20 7383 5100

 

Joint Broker

Turner Pope Investments (TPI) Ltd

Andy Thacker / Zoe Alexander

T: +44 (0) 203 657 0050

www.turnerpope.com

 

Joint Broker

Alternative Resource Capital / Shard Capital

Alex Wood

T:+44 (0) 20 7186 9004

www.altrescap.com

Damon Heath

T:+44 (0) 20 7186 9952

www.shardcapital.com

 

Alma PR

Justine James

T: +44 (0) 20 3405 0205

M: +44 (0) 7525 324431

wres@almapr.co.uk

 

 

 

 

Notification of Transactions of Persons Discharging Managerial Responsibility and Persons Closely Associated with them

 

1

 

Details of the person discharging managerial responsibilities / person closely associated

a)

Name

Michael Masterman (Legal person: Symmall Pty Ltd)

2

Reason for the notification

a)

Position / status

Chairman

b)

Initial notification / Amendment

Initial notification

3

 

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

a)

Name

W Resources Plc

b)

LEI

213800H66EK87TAOS666

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 shares of 0.1 pence each

Identification code

GB00B0358H47

b)

Nature of the transaction

Purchase of shares

c)

Price(s) and volume(s)







Price(s)

Volume(s)




0.09095 pence

95,000,000




0.09350 pence

18,000,000




0.08520 pence

37,000,000







d)

Aggregated information


- Aggregated volume

Aggregate volume: 150,000,000

Aggregate price: 0.08984 pence

Aggregate total: £134,756.50

- Price


e)

Date of the transaction

9 March 2021

f)

Place of the transaction

London Stock Exchange's AIM Market

 

 

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