Director/PDMR Shareholding
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:
|
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 |
RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.