TIDMSGZ

RNS Number : 0527K

Scotgold Resources Ltd

04 July 2017

Tuesday 4 July, 2017

SCOTGOLD RESOURCES LIMITED

(The "Company" or "Scotgold")

Director dealing

The Company has been notified that on 3 July 2017, Mr Nat le Roux, Chairman of Scotgold, transferred 632,220,806 ordinary shares in the Company from his personal holding into Depositary Interests to be held in his nominee account with Hargreave Hale, investment managers and stockbroker ("the Transfer").

There has been no change in beneficial ownership and the reason for the Transfer is a result of the Company's de-listing from the Australian Stock Exchange in October 2016.

Following completion of the Transfer, Nat le Roux will remain beneficially interested in 632,220,806 of the Company's ordinary shares (approximately 39.69% of the Company's issued share capital). He also holds 45,656,433 options to acquire ordinary shares at an exercise price of GBP0.01, which expire on 30 September 2017.

For further information please contact:

 
 Scotgold Resources   Stockdale Securities   Capital Markets    Smaller Company 
  Limited              Limited                Consultants        Capital 
                                                                 Ltd 
-------------------  ---------------------  -----------------  ---------------- 
 Richard Gray         Robert Finlay/         Simon Rothschild   Rupert Williams 
  - CEO                Ed Thomas 
-------------------  ---------------------  -----------------  ---------------- 
 Tel: +44 (0)1838     Tel: +44 (0)20         Tel +44 (0)7703    Tel: +44 
  400 306              7601 6100              167 065            (0)20 3651 
                                                                 2911 
-------------------  ---------------------  -----------------  ----------------

This information is provided by RNS

The company news service from the London Stock Exchange

END

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