RNS Number : 6696U
Arc Minerals Limited
01 July 2024
 

1 July 2024

Arc Minerals Ltd 

('Arc' or the 'Company')

PDMR Dealing

Arc Minerals announces that it was notified that Ian Lynch, Chief Financial Officer of the Company, has purchased 719,424 shares of no par value in the Company ("Ordinary Shares") at a price of 1.39 pence per share.

Following this transaction, Ian Lynch holds a beneficial interest in 5,024,195 Ordinary Shares representing approximately 0.35 per cent. 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.

NOTIFICATION AND PUBLIC DISCLOSURE OF TRANSACTIONS BY PERSONS DISCHARGING MANAGERIAL RESPONSIBILITIES AND PERSONS CLOSELY ASSOCIATED WITH THEM:

1.     

Details of the person discharging managerial responsibilities/person closely associated

a)

Name:

Ian Lynch

2.     

Reason for the notification

a)

Position/status:

Chief Financial Officer

b)

Initial notification/Amendment:

Initial notification

3.     

Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor

a)

Name:

Arc Minerals Limited

b)

LEI:

213800XHFJVCC9GP2G75

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 no par value   

 

 

VGG045791016

b)

Nature of the transaction:

Purchase of shares

c)

Price(s) and volume(s):

 

Price(s)

Volume(s)

(i)       1.39 pence

719,424



 

d)

Aggregated information:

Aggregated volume:

Price:

Single transaction as in 4 c) above

Price(s)

Volume(s)

(i)    1.39 pence

719,424



 

e)

Date of the transaction:

(i)  2024-06-27, 11:22 BST

 

f)

Place of the transaction:

London Stock Exchange, AIM

 

Contacts

Arc Minerals Ltd

Nick von Schirnding (Executive Chairman)

 

+44 (0) 20 7917 2942

 

WH Ireland Limited (NOMAD and Joint Broker)

Harry Ansell / Katy Mitchell

 

+44 (0) 20 7220 1666

 

 

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