Tectonic Gold Plc Directors Dealings and Total Voting Rights

 
TIDMTTAU 
 
18 March 2021 
 
                               TECTONIC GOLD PLC 
 
                      ("Tectonic Gold" or the "Company") 
 
                  DIRECTORS Dealings and total voting rights 
 
This announcement contains inside information for the purposes of Regulation 11 
of the Market Abuse (amendment) (EU Exit) Regulations 2019/310. 
 
Tectonic Gold plc (TDIM: TTAU.PL), the Intrusion Related Gold Systems ("IRGS") 
specialist focused on Australian copper and gold exploration projects, is 
pleased to announce continued support from the Founder and Managing Director 
who has increased his equity holdings via the exercise of options over ordinary 
shares in the Company (the "Options") and also the purchase of additional 
shares of the Company. 
 
Mr. Brett Boynton, Managing Director - Tectonic Gold Plc 
 
"I am pleased to be participating alongside our warrant holders with their 
ongoing support of the Company which we announced on the 5th of March. My 
investment is focused on acquiring 2.5 million issued shares, with an aggregate 
price of 2p, to tighten the share register for the benefit of all shareholders. 
Over and above that 27.5% of the September 2020 options allocated to me have 
been exercised. Please remember, our Board have not taken any cash remuneration 
from the Company or sold a single share to date. We remain fully committed to 
the success of Tectonic for all of our shareholders." 
 
Exercise of Options 
 
Brett Boynton, the Managing Director of the Company, was issued 14,550,000 
options with a strike price of 0.275p, on 9 September 2020, in lieu of 
Directors Fees. 4,000,000 of these options have been exercised and funds 
totalling £11,000.00 have been received by the Company. 
 
Application has been made for the 4,000,000 new Ordinary Shares to be admitted 
to trading on AQSE Growth Market ("Admission"), which is expected to occur on 
or around 23 March 2021. 
 
Total Voting Rights 
 
Following Admission of the 4,000,000 New Ordinary Shares, the Company's 
enlarged issued share capital will comprise of 851,671,829 ordinary shares, 
each with voting rights. This figure may be used by shareholders as the 
denominator for the calculations by which they will determine if they are 
required to notify their interest in, or a change to their interest in, the 
Company, under the Disclosure and Transparency Rules. 
 
Purchase of Shares 
 
Brett Boynton, the Managing Director of the Company, has also acquired an 
additional 2,500,000 shares with an aggregate price of 2p. 
 
The beneficial interest in shares for all holdings associated with Mr Boynton 
will increase to 143,639,590 which is 16.9% of the shares in issue, an increase 
from the 16.25% held prior. 
 
The table below sets out the Tectonic Gold plc Board's shareholdings following 
the exercise of the above options. 
 
Director        Ordinary Shares % Total Shares  2p Warrants     0.275p Warrants 
 
Bruce Fulton    6,467,358       0.8%            10,000,000      14,550,000 
 
Brett Boynton   143,639,590     16.9%           12,000,000      10,550,000 
 
Sam Quinn       2,512,000       0.3%            12,000,000      14,550,000 
 
Dennis Edmonds                  0.0%                            7,275,000 
 
For further information please contact: 
 
Tectonic Gold plc                                             +61 2 9241 7665 
Brett Boynton 
Sam Quinn 
www.tectonicgold.com 
@tectonic_gold 
 
Financial Adviser, Corporate Adviser                         +44 20 3005 5004 
and Broker 
VSA Capital Limited 
Andrew Raca - Corporate Finance 
Andrew Monk - Corporate Broking 
 
 
Ends 
 
The information contained within this announcement is deemed by the Company to 
constitute inside information as stipulated under the Market Abuse Regulations 
(EU) No. 596/2014. Upon the publication of this announcement via a Regulatory 
Information Service, this inside information is now considered to be in the 
public domain. 
 
 
 
END

(END) Dow Jones Newswires

March 18, 2021 03:00 ET (07:00 GMT)

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