TIDMSGZ

RNS Number : 4022I

Scotgold Resources Ltd

18 June 2017

19 June 2017

Scotgold Resources Limited

(the 'Company')

Notifications of transactions by Directors/Persons Discharging Managerial

Responsibilities and Person Closely Associated

The Company makes the following announcement regarding a Person Closely Associated with one of its Persons Discharging Managerial Responsibility ("PDMR") selling ordinary shares of no par value ("Shares").

The notification of dealing form for the Person Closely Associated with the Director can be found below.

 
 1     Details of the director/person discharging managerial 
        responsibilities/person closely associated 
----  ----------------------------------------------------------------------------------------- 
 a)    Name                                Richard Gray 
----  ----------------------------------  ----------------------------------------------------- 
 2     Reason for the notification 
----  ----------------------------------------------------------------------------------------- 
 a)    Position/status                     Chief Executive 
----  ----------------------------------  ----------------------------------------------------- 
 b)    Initial notification/Amendment      Initial notification 
----  ----------------------------------  ----------------------------------------------------- 
 3     Details of the issuer, emission allowance market 
        participant, auction platform, auctioneer or 
        auction monitor 
----  ----------------------------------------------------------------------------------------- 
 a)    Name                                Scotgold Resources Limited 
----  ----------------------------------  ----------------------------------------------------- 
 b)    LEI                                 [NA?] 
----  ----------------------------------  ----------------------------------------------------- 
 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                      Ordinary shares of no par value 
        the financial 
        instrument, type 
        of instrument                       ISIN AU000XINEAD0 
 
        Identification 
        code 
----  ----------------------------------  ----------------------------------------------------- 
 b)    Nature of the                       Richard Gray has acquired 1,000,000 
        Transaction                         ordinary Shares in the Company 
----  ----------------------------------  ----------------------------------------------------- 
 c)    Price(s) and                        Price(s)                   Volume(s) 
        volume(s) 
----  ----------------------------------  -------------------------  -------------------------- 
   0.4849 per Share                                                   1,000,000 
  -------------------------                                          -------------------------- 
 d)         Aggregated information         Price                     Aggregated    Aggregate 
                                                                     volume         Total 
              *    Aggregated volume 
 
 
 
              *    Price 
----  ----------------------------------  ------------------------  ------------  ------------- 
   0.4849                    1,000,000                                             GBP4,4849 
    per Share 
  ------------------------  ----------------------------------------------------  ------------- 
 e)    Date of Transaction                 15 June 2017 
----  ----------------------------------  ----------------------------------------------------- 
 f)    Place of Transaction                London Stock Exchange (XLON) 
----  ----------------------------------  -----------------------------------------------------

This Notification is made in accordance with the requirements of Article 19 of the EU Market Abuse Regulation.

For further information and for the persons responsible for arranging the release of this announcement, please contact:

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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June 19, 2017 02:00 ET (06:00 GMT)

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