AAU Ariana Resources Plc

 
TIDMAAU 
 
   ("Ariana" or "the Company") 
 
   17 July 2017 
 
   AIM: AAU 
 
   Director/PDMR Shareholdings 
 
   Ariana has been informed of Directors' purchases in ordinary shares in 
the Company ("Ordinary Shares") as follows: 
 
 
 
 
                                                                                            Percentage 
                                                                       Total                holding of 
                                                                     number of                issued 
                           Date of                                    shares    Resultant     share 
Name                       purchase       Price per share            purchased   holding     capital 
Dr Kerim Sener, Managing 
 Director                  14 July 2017   1.33p                        160,000  14,352,252       1.365 
Michael De Villers, 
 Chairman                  14 July 2017   1.31p                      1,000,000  32,673,077       3.106 
                                          225,563 shares at 1.33p 
Chris Sangster, Director   17 July 2017    695,652 shares at 1.25p   921,215 *   1,844,292        0.17 
 
   *of Chris Sangster's total number of shares purchased, 695,652 were 
transferred to his SIPP from his existing holding. 
 
   . 
 
   Contacts: 
 
 
 
 
Ariana Resources plc             Tel: +44 (0) 20 7407 3616 
Michael de Villiers, Chairman 
Kerim Sener, Managing Director 
 
Beaumont Cornish Limited         Tel: +44 (0) 20 7628 3396 
Roland Cornish / Felicity Geidt  www.beaumontcornish.com 
 
Beaufort Securities Limited      Tel: +44 (0) 20 7382 8300 
Jon Belliss 
 
Panmure Gordon (UK) Limited      Tel: +44 (0) 20 7886 2500 
Adam James / Tom Salvesen 
 
 
   The following information relating to the transaction has been filed 
with the FCA in accordance with Article 19(1) of the Market Abuse 
Regulation, 
 
   Kerim Sener 
 
   1 
 
   Details  of  the  person  discharging  managerial  responsibilities  / 
person  closely associated 
 
   a) 
 
   Name 
 
   Kerim Sener 
 
   2 
 
   Reason for notification 
 
   a) 
 
   Position / status 
 
   Managing Director 
 
   b) 
 
   Initial notification 
 
   /Amendment 
 
   Initial 
 
   3 
 
   Details of the issuer,  emission allowance market participant, auction 
platform, auctioneer or auction monitor 
 
   a) 
 
   Name 
 
   Ariana Resources plc 
 
   b) 
 
   LEI 
 
   213800LVVY7GZY21LH22 
 
   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 pence each in Ariana Resources plc 
 
   ISIN GB00B085SD50 
 
   Nature of the transaction 
 
   Acquisition of ordinary shares in the market. 
 
   c) 
 
   Price(s) and volumes(s) 
 
 
 
 
 
 
Price(s)     Volumes(s) 
1.33 pence      160,000 
 
   d) 
 
   Aggregated information 
 
   n/a 
 
   e) 
 
   Date of the transaction 
 
   14 July 2017 
 
   f) 
 
   Place of the transaction 
 
   London Stock Exchange, AIM (XLON) 
 
   Michael de Villiers 
 
   1 
 
   Details  of  the  person  discharging  managerial  responsibilities  / 
person  closely associated 
 
   a) 
 
   Name 
 
   Michael de Villiers 
 
   2 
 
   Reason for notification 
 
   a) 
 
   Position / status 
 
   Chairman 
 
   b) 
 
   Initial notification 
 
   /Amendment 
 
   Initial 
 
   3 
 
   Details of the issuer,  emission allowance market participant, auction 
platform, auctioneer or auction monitor 
 
   a) 
 
   Name 
 
   Ariana Resources plc 
 
   b) 
 
   LEI 
 
   213800LVVY7GZY21LH22 
 
   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 pence each in Ariana Resources plc 
 
   ISIN GB00B085SD50 
 
   Nature of the transaction 
 
   Purchase of new ordinary shares as described above 
 
   c) 
 
   Price(s) and volumes(s) 
 
 
 
 
 
 
Price(s)     Volumes(s) 
1.31 pence    1,000,000 
 
   d) 
 
   Aggregated information 
 
   n/a 
 
   e) 
 
   Date of the transaction 
 
   14 July 2017 
 
   f) 
 
   Place of the transaction 
 
   London Stock Exchange, AIM (XLON) 
 
   Chris Sangster 
 
   1 
 
   Details  of  the  person  discharging  managerial  responsibilities  / 
person  closely associated 
 
   a) 
 
   Name 
 
   Chris Sangster 
 
   2 
 
   Reason for notification 
 
   a) 
 
   Position / status 
 
   Director 
 
   b) 
 
   Initial notification 
 
   /Amendment 
 
   Initial 
 
   3 
 
   Details of the issuer,  emission allowance market participant, auction 
platform, auctioneer or auction monitor 
 
   a) 
 
   Name 
 
   Ariana Resources plc 
 
   b) 
 
   LEI 
 
   213800LVVY7GZY21LH22 
 
   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 pence each in Ariana Resources plc 
 
   ISIN GB00B085SD50 
 
   Nature of the transaction 
 
   Purchase of new ordinary shares as described above 
 
   c) 
 
   Price(s) and volumes(s) 
 
 
 
 
 
 
Price(s)     Volumes(s) 
1.33 pence      225,563 
1.25 pence      695,652 
 
   d) 
 
   Aggregated information 
 
   n/a 
 
   e) 
 
   Date of the transaction 
 
   17 July 2017 
 
   f) 
 
   Place of the transaction 
 
   London Stock Exchange, AIM (XLON) 
 
   About Ariana Resources: 
 
   Ariana is an exploration and development company focused on epithermal 
gold-silver and porphyry copper-gold deposits in Turkey. The Company is 
developing a portfolio of prospective licences originally selected on 
the basis of its in-house geological and remote-sensing database. 
 
   The Company's flagship assets are its Kiziltepe and Tavsan gold projects 
which form the Red Rabbit Gold Project. Both contain a series of 
prospects, within two prolific mineralised districts in the Western 
Anatolian Volcanic and Extensional (WAVE) Province in western Turkey. 
This Province hosts the largest operating gold mines in Turkey and 
remains highly prospective for new porphyry and epithermal deposits. 
These core projects, which are separated by a distance of 75km, form 
part of a 50:50 Joint Venture with Proccea Construction Co. The 
Kiziltepe Sector of the Red Rabbit Project is fully-permitted and is 
currently in production. The total resource inventory at the Red Rabbit 
Project and wider project area stands at c. 525,000 ounces of gold 
equivalent. At Kiziltepe a Net Smelter Return ("NSR") royalty of up to 
2.5% on future production is payable to Franco-Nevada Corporation. At 
Tavsan an NSR royalty of up to 2% on future production is payable to 
Sandstorm Gold. 
 
   In north-eastern Turkey, Ariana owns 100% of the Salinbas Gold Project, 
comprising the Salinbas gold-silver deposit and the Ardala 
copper-gold-molybdenum porphyry among other prospects. The total 
resource inventory of the Salinbas project area is c. 1 million ounces 
of gold equivalent. A NSR royalty of up to 2% on future production is 
payable to Eldorado Gold Corporation. 
 
   Beaufort Securities Limited and Panmure Gordon (UK) Limited are joint 
brokers to the Company and Beaumont Cornish Limited is the Company's 
Nominated Adviser. 
 
   For further information on Ariana you are invited to visit the Company's 
website at www.arianaresources.com. 
 
   Ends 
 
   This announcement is distributed by Nasdaq Corporate Solutions on behalf 
of Nasdaq Corporate Solutions clients. 
 
   The issuer of this announcement warrants that they are solely 
responsible for the content, accuracy and originality of the information 
contained therein. 
 
   Source: Ariana Resources plc via Globenewswire 
 
 
  http://www.arianaresources.com/s/Home.asp 
 

(END) Dow Jones Newswires

July 17, 2017 13:05 ET (17:05 GMT)

Ariana Resources (LSE:AAU)
Historical Stock Chart
From Mar 2024 to Apr 2024

Ariana Resources (LSE:AAU)
Historical Stock Chart
From Apr 2023 to Apr 2024