LONDON, UK / ACCESSWIRE / July 7, 2021 / Anglo Pacific Group PLC ('Anglo Pacific', the 'Company') (LSE:APF)(TSX:APY) announces that it received notification of the following transactions by Kings Chapel International Limited, a Person Closely Associated ('PCA') with Mr. Julian Treger, Chief Executive Officer of the Company.
On 2 July 2021, Kings Chapel International Limited, sold 108,000 ordinary shares of 2 pence each in the Company ('Shares') at an average approximate price of 140.00p per share. Kings Chapel International Limited, sold a further 200,000 Shares at an average approximate price of 140.00p per share on 5 July 2021 and 92,000 Shares at an average approximate price of 140.00p per share on 6 July 2021.
These transactions reduce Mr. Treger's interest to 81% of his pre-existing beneficial holding of Shares in line with the Company's announcement on 30 June 2021, which disclosed Mr. Treger's intention to retain at least 75% of his pre-existing beneficial holding of Shares.
Following this notification, the total beneficial holding of Shares by Mr. Treger and persons closely associated with him is 3,874,951 Shares, representing 1.81% of the issued ordinary share capital of the Company.
The transactions took place on the London Stock Exchange.
Directors' Share Dealings - Further information
The notifications below, made in accordance with the requirements of the UK version of the Market Abuse Regulation (596/2014/EU)[1], 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 | Kings Chapel International Limited |
2. | Reason for the notification | |
a. | Position/status | Person closely associated with Mr. Julian Treger, Chief Executive Officer of Anglo Pacific Group PLC |
b. | Initial notification/Amendment | Initial Notification |
3. | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | |
a. | Name | Anglo Pacific Group PLC |
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 | Sale of Shares |
c. | Price(s) and volume(s) | Price(s) Volume(s) 140.00p 108,000 140.00p 200,000 140.00p 92,000 |
d. | Aggregated information · Aggregated volume · Price | 400,000
|
e. | Date of the transaction | 2 July 2021, 5 July 2021 and 6 July 2021 |
f. | Place of the transaction | London Stock Exchange, Main Market (XLON) |
[1]This is part of UK law by virtue of the European Union Withdrawal Act 2018.
For further information:
Anglo Pacific Group PLC | +44 (0) 20 3435 7400 |
Julian Treger - Chief Executive Officer Kevin Flynn - Chief Financial Officer | |
Website: | |
Berenberg | +44 (0) 20 3207 7800 |
Matthew Armitt / Jennifer Wyllie / Detlir Elezi | |
Peel Hunt LLP | +44 (0) 20 7418 8900 |
| Ross Allister / Alexander Allen / David McKeown | |
| 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 become a leading natural resources company through investing in high quality projects in preferred jurisdictions with trusted counterparties, underpinned by strong ESG principles. It is a continuing policy of the Company to pay a substantial portion of these royalties and streams to shareholders as dividends.
[1]This is part of UK law by virtue of the European Union Withdrawal Act 2018.
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SOURCE: Anglo Pacific Group PLC
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