16 March 2021
SUNRISE RESOURCES PLC
("Sunrise" or "the Company")
Director Dealings
The Company wishes to advise that, further to its announcement dated 18 November 2020, Mr. David Swan, a non-executive director of the Company, has, on 12 March 2021 effected a transfer of 22,400,000 ordinary shares in the Company in which he has the beneficial interest from a CREST nominee account into his Self-Invested Personal Pension. The shares were sold and immediately repurchased at the same price of 0.21 pence per share.
This transfer of shares was made with appropriate approval from, and in accordance with the Company's Share Dealing Code and there has been no change to the number of shares in which Mr. Swan has an interest as a result of this transaction.
Mr. Swan currently has an interest totalling 31,199,213 ordinary shares in the Company representing 0.84% of the total number of ordinary shares in issue which remains unchanged.
This announcement contains inside information for the purposes of Article 7 of EU Regulation 596/2014.
Further information:
| Sunrise Resources plc Patrick Cheetham, Executive Chairman | Tel: +44 (0)1625 838 884 |
|
Beaumont Cornish Limited Nominated Adviser James Biddle/Roland Cornish | Tel: +44 (0)207 628 3396 |
|
Peterhouse Capital Limited Broker Lucy Williams/Duncan Vasey
| Tel: +44 (0)207 469 0930 |
Market Abuse Regulation
The information set out below is provided for the purposes of Article 19(3) of Regulation (EU) No.596/2014 of the European Parliament and of the Council.
| 1 | Details of the person discharging managerial responsibilities I person closely associated | ||
| a) | Name | David Swan | |
| 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 | Sunrise Resources plc | |
| b) | LEI | 213800MGDOE974QHPZ44 | |
| 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 0.1p each | |
| Identification code | GB00B075Z681 | ||
| b) | Nature of the transaction | Transfer of 22,400,000 ordinary shares from a CREST share dealing account into a Self-Invested Personal Pension.
| |
| c) | Price(s) and volume(s) | Price(s) | Volume(s) |
| Sale £0.0021 Purchase £0.0021 | 22,400,000 22,400,000 | ||
| d) | Aggregated information - Aggregated volume - Price
| Single transaction as 4(a) above N/A
| |
| e) | Date of the transaction | 12/03/2021
| |
| f) | Place of the transaction | London Stock Exchange | |
Shares in the Company trade on AIM. EPIC: "SRES". Website: www.sunriseresourcesplc.com
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