Vast Resources plc / Ticker: VAST / Index: AIM / Sector: Mining
29 October 2019
Vast Resources plc
(“Vast” or the “Company”)
Director Share Purchase
Vast Resources plc, the AIM-listed mining company, announces that it was notified that on 29 October 2019 Mr Andrew Prelea, Chief Executive Director of the Company, purchased 4,000,000 ordinary shares of
Following this purchase, Mr Prelea’s total beneficial ownership in the Company is 43,179,476 Ordinary Shares, which represents approximately 0.42% of the Company’s issued share capital.
Market Abuse Regulation (MAR) Disclosure
Certain information contained in this announcement would have been deemed inside information for the purposes of Article 7 of Regulation (EU) No 596/2014 until the release of this announcement.
The notifications below, made in accordance with the requirements of the EU Market Abuse Regulation, provide further detail on the directors' dealing in the Ordinary Shares.
**ENDS**
For further information, visit www.vastplc.com or please contact:
Vast Resources plc Andrew Prelea (Chief Executive Officer) Andrew Hall | www.vastplc.com +44 (0) 1491 615 232 |
Beaumont Cornish - Financial & Nominated Adviser Roland Cornish James Biddle | www.beaumontcornish.com +44 (0) 020 7628 3396 |
SP Angel Corporate Finance LLP – Broker Richard Morrison Caroline Rowe | www.spangel.co.uk +44 (0) 20 3470 0470 |
Blytheweigh Tim Blythe Megan Ray | www.blytheweigh.com +44 (0) 20 7138 3204 |
ABOUT VAST RESOURCES PLC
Vast Resources plc, is an AIM listed mining company with mines in
The Company’s portfolio includes an 80% interest in the Baita Plai Polymetallic Mine in
Vast Resources owns the Manaila Polymetallic Mine in
1.
Details of the person discharging managerial responsibilities/person closely associated
a)
Name:
Andrew Prelea
2.
Reason for the notification
a)
Position/status:
Chief Executive Officer
b)
Initial notification/Amendment:
Initial notification
3.
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)
Name:
Vast Resources Plc
b)
LEI:
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:
Ordinary shares of £0.1 each
b)
Nature of the transaction:
Purchase of ordinary shares
c)
Price(s) and volume(s):
Price(s) | Volume(s) |
£0.002725 | 4,000,000 |
d)
Aggregated information:
Aggregated volume:
Price:
Price(s) | Volume(s) |
£0.002725 | 4,000,000 |
e)
Date of the transaction:
29-10-2019
f)
Place of the transaction:
AIM, London Stock Exchange
Attachment