LONDON, UK / ACCESSWIRE / February 16, 2022 / 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 11 February 2022, Kings Chapel International Limited, sold 700,000 ordinary shares of 2 pence each in the Company ("Shares") at an average approximate price of 144.00p per share, as part of a further rebalancing of its investment portfolio.
Following this notification, the total beneficial holding of Shares by Mr. Treger and persons closely associated with him is 2,174,951 Shares, representing 1.02% 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) 144.00p 700,000 |
d. | Aggregated information · Aggregated volume · Price | 700,000 144.00p |
e. | Date of the transaction | 11 February 2022 |
f. | Place of the transaction | London Stock Exchange, Main Market (XLON) |
For further information:
Anglo Pacific Group PLC | +44 (0) 20 3435 7400 |
Julian Treger - Chief Executive Officer Kevin Flynn - Chief Financial Officer Marc Lafleche - Chief Investment Officer | |
Website: | |
Berenberg | +44 (0) 20 3207 7800 |
Matthew Armitt / Jennifer Lee / Varun Talwar / 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 / Charlotte Hollinshead |
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