TIDMSXX
RNS Number : 6156Q
Sirius Minerals Plc
30 November 2016
30 November 2016
Sirius Minerals Plc
Director/PDMR Dealing & Holdings in Company
Sirius Minerals Plc ("Sirius" or the "Company") has been
notified that, further to admission of the Firm Placing and Placing
and Open Offer shares to trading on AIM on 28 November 2016, the
following Directors/PDMRs have acquired shares in the Open Offer
and in the following amounts:
Name Role Shares Resultant Holding
acquired holding in Company
Non-executive
Russell Scrimshaw(1) chairman 2,557,142 43,523,979 1.04%
Keith Clarke Non-executive
CBE director 227,208 852,207 0.02%
Elizabeth Noel Non-executive
Harwerth director 9,644 79,109 0.002%
Non-executive
Lord John Hutton director 2,285 30,856 0.007%
Non-executive
Jane Lodge(3) director 16,000 216,000 0.005%
Thomas Staley CFO (PDMR) 42,400 572,400 0.014%
General Counsel
Nicholas King(2) (PDMR) 36,282 372,366 0.009%
(1) Shares are held by Scrimshaw Nominees Pty
Limited as trustee for The Scrimshaw Family Trust
and Scrimshaw Nominees Superannuation Fund, of
which Russell Scrimshaw, non-executive chairman
of the Company, is a beneficiary.
(2) Shares acquired represent 21,392 acquired
through the Placing and Open Offer and 14,890
ordinary shares purchased on the open market
on 28 November 2016 at an average price of 20p.
(3) Jane Lodge's holding is correct as of today's
date, however she is awaiting confirmation from
her retail nominee as to how much, if any, of
the excess she requested was allocated to her
by the nominee.
Holdings in Company
The Company has been notified that Chris Fraser, Managing
Director & Chief Executive Officer, has maintained his
beneficial interest in 123,747,368 ordinary shares of the Company.
As a result of admission of the Firm Placing and Placing and Open
Offer shares to trading on AIM on 28 November 2016, he has a
beneficial interest in the Company's ordinary shares that
represents 2.97% of the issued share capital of the Company.
The Company has also been notified that Broadscope Pty Ltd as
trustee for the Catlow Family Trust, of which Mr Christopher
Catlow, former non-executive director, is a beneficiary has
maintained its beneficial interest in 102,213,000 ordinary shares
of the Company. As a result of admission of the Firm Placing and
Placing and Open Offer shares to trading on AIM on 28 November
2016, its beneficial interest in the Company's ordinary shares has
fallen below the 3% threshold at which it is obliged to notify the
Company of further changes in holding.
The Company's website has been updated to reflect these
changes.
Regulatory information
As at the date of this announcement, the Company's issued share
capital consists of 4,165,514,405 ordinary shares with voting
rights. This figure may be used by shareholders in the Company as
the denominator for the calculation by which they will determine if
they are required to notify their interest in, or a change of
interest in, the share capital of the Company under the Financial
Conduct Authority's Disclosure and Transparency Rules.
This announcement contains inside information as defined in
Article 7 of the Market Abuse Regulation No. 596/2014 and is
disclosed in accordance with the Company's obligations under
Article 17 of those Regulations.
For the purposes of MAR and Article 2 of Commission Implementing
Regulation (EU) 2016/1055, this announcement is being made on
behalf of the Company by Tristan Pottas, Investor Relations
Manager.
Director/PDMR Dealing - Further information
The notification below, made in accordance with the requirements
of the EU Market Abuse Regulations, provides further detail in
respect of the transactions as described at the beginning of this
announcement.
1 Details of the person discharging
managerial responsibilities/person
closely associated
--- -----------------------------------------------------
a) Name Russell Scrimshaw
--- ------------------------- --------------------------
2 Reason for the notification
--- -----------------------------------------------------
a) Position/status Chairman
--- ------------------------- --------------------------
b) Initial Initial Notification
notification/
Amendment
--- ------------------------- --------------------------
3 Details of the issuer, emission
allowance market participant,
auction platform, auctioneer
or auction monitor
--- -----------------------------------------------------
a) Name Sirius Minerals Plc
--- ------------------------- --------------------------
b) LEI n/a
--- ------------------------- --------------------------
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 Shares
of the
financial
instrument,
type of
instrument
GB00B0DG3H29
Identification
code
--- ------------------------- --------------------------
b) Nature Take up of open offer
of the entitlement
transaction
--- ------------------------- --------------------------
c) Price(s) Price(s) Volume(s)
and volume(s) ---------- -----------
GBP0.20 2,557,142
---------- -----------
--- ------------------------- --------------------------
d) Aggregated
information
* Aggregated volume 2,557,142
GBP0.20
* Price
--- ------------------------- --------------------------
e) Date of 28 November 2016
the transaction
--- ------------------------- --------------------------
f) Place AIM
of the
transaction
--- ------------------------- --------------------------
1 Details of the person discharging
managerial responsibilities/person
closely associated
--- ----------------------------------------------------
a) Name Keith Clarke
--- ------------------------- -------------------------
2 Reason for the notification
--- ----------------------------------------------------
a) Position/status Non Executive Director
--- ------------------------- -------------------------
b) Initial Initial Notification
notification/
Amendment
--- ------------------------- -------------------------
3 Details of the issuer, emission
allowance market participant,
auction platform, auctioneer
or auction monitor
--- ----------------------------------------------------
a) Name Sirius Minerals Plc
--- ------------------------- -------------------------
b) LEI n/a
--- ------------------------- -------------------------
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 Shares
of the
financial
instrument,
type of
instrument
GB00B0DG3H29
Identification
code
--- ------------------------- -------------------------
b) Nature Take up of open offer
of the entitlement
transaction
--- ------------------------- -------------------------
c) Price(s) Price(s) Volume(s)
and volume(s) ---------- ----------
GBP0.20 227,208
---------- ----------
--- ------------------------- -------------------------
d) Aggregated
information
* Aggregated volume 227,208
GBP0.20
* Price
--- ------------------------- -------------------------
e) Date of 28 November 2016
the transaction
--- ------------------------- -------------------------
f) Place AIM
of the
transaction
--- ------------------------- -------------------------
1 Details of the person discharging
managerial responsibilities/person
closely associated
--- ----------------------------------------------------
a) Name Elizabeth Noel Harwerth
--- ------------------------- -------------------------
2 Reason for the notification
--- ----------------------------------------------------
a) Position/status Non Executive Director
--- ------------------------- -------------------------
b) Initial Initial Notification
notification/
Amendment
--- ------------------------- -------------------------
3 Details of the issuer, emission
allowance market participant,
auction platform, auctioneer
or auction monitor
--- ----------------------------------------------------
a) Name Sirius Minerals Plc
--- ------------------------- -------------------------
b) LEI n/a
--- ------------------------- -------------------------
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 Shares
of the
financial
instrument,
type of
instrument
GB00B0DG3H29
Identification
code
--- ------------------------- -------------------------
b) Nature Take up of open offer
of the entitlement
transaction
--- ------------------------- -------------------------
c) Price(s) Price(s) Volume(s)
and volume(s) ---------- ----------
GBP0.20 9,644
---------- ----------
--- ------------------------- -------------------------
d) Aggregated
information
* Aggregated volume 9,644
GBP0.20
* Price
--- ------------------------- -------------------------
e) Date of 28 November 2016
the transaction
--- ------------------------- -------------------------
f) Place AIM
of the
transaction
--- ------------------------- -------------------------
1 Details of the person discharging
managerial responsibilities/person
closely associated
--- ----------------------------------------------------
a) Name John Hutton
--- ------------------------- -------------------------
2 Reason for the notification
--- ----------------------------------------------------
a) Position/status Non Executive Director
--- ------------------------- -------------------------
b) Initial Initial Notification
notification/
Amendment
--- ------------------------- -------------------------
3 Details of the issuer, emission
allowance market participant,
auction platform, auctioneer
or auction monitor
--- ----------------------------------------------------
a) Name Sirius Minerals Plc
--- ------------------------- -------------------------
b) LEI n/a
--- ------------------------- -------------------------
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 Shares
of the
financial
instrument,
type of
instrument
GB00B0DG3H29
Identification
code
--- ------------------------- -------------------------
b) Nature Take up of open offer
of the entitlement
transaction
--- ------------------------- -------------------------
c) Price(s) Price(s) Volume(s)
and volume(s) ---------- ----------
GBP0.20 2,285
---------- ----------
--- ------------------------- -------------------------
d) Aggregated
information
* Aggregated volume 2,285
GBP0.20
* Price
--- ------------------------- -------------------------
e) Date of 28 November 2016
the transaction
--- ------------------------- -------------------------
f) Place AIM
of the
transaction
--- ------------------------- -------------------------
1 Details of the person discharging
managerial responsibilities/person
closely associated
--- ----------------------------------------------------
a) Name Jane Lodge
--- ------------------------- -------------------------
2 Reason for the notification
--- ----------------------------------------------------
a) Position/status Non Executive Director
--- ------------------------- -------------------------
b) Initial Initial Notification
notification/
Amendment
--- ------------------------- -------------------------
3 Details of the issuer, emission
allowance market participant,
auction platform, auctioneer
or auction monitor
--- ----------------------------------------------------
a) Name Sirius Minerals Plc
--- ------------------------- -------------------------
b) LEI n/a
--- ------------------------- -------------------------
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 Shares
of the
financial
instrument,
type of
instrument
GB00B0DG3H29
Identification
code
--- ------------------------- -------------------------
b) Nature Take up of open offer
of the entitlement
transaction
--- ------------------------- -------------------------
c) Price(s) Price(s) Volume(s)
and volume(s) ---------- ----------
GBP0.20 16,000
---------- ----------
--- ------------------------- -------------------------
d) Aggregated
information
* Aggregated volume 16,000
GBP0.20
* Price
--- ------------------------- -------------------------
e) Date of 28 November 2016
the transaction
--- ------------------------- -------------------------
f) Place AIM
of the
transaction
--- ------------------------- -------------------------
1 Details of the person discharging
managerial responsibilities/person
closely associated
--- ----------------------------------------------------
a) Name Thomas Staley
--- ------------------------- -------------------------
2 Reason for the notification
--- ----------------------------------------------------
a) Position/status CFO
--- ------------------------- -------------------------
b) Initial Initial Notification
notification/
Amendment
--- ------------------------- -------------------------
3 Details of the issuer, emission
allowance market participant,
auction platform, auctioneer
or auction monitor
--- ----------------------------------------------------
a) Name Sirius Minerals Plc
--- ------------------------- -------------------------
b) LEI n/a
--- ------------------------- -------------------------
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 Shares
of the
financial
instrument,
type of
instrument
GB00B0DG3H29
Identification
code
--- ------------------------- -------------------------
b) Nature Take up of open offer
of the entitlement
transaction
--- ------------------------- -------------------------
c) Price(s) Price(s) Volume(s)
and volume(s) ---------- ----------
GBP0.20 42,400
---------- ----------
--- ------------------------- -------------------------
d) Aggregated
information
* Aggregated volume 42,400
GBP0.20
* Price
--- ------------------------- -------------------------
e) Date of 28 November 2016
the transaction
--- ------------------------- -------------------------
f) Place AIM
of the
transaction
--- ------------------------- -------------------------
1 Details of the person discharging
managerial responsibilities/person
closely associated
--- ----------------------------------------------------
a) Name Nicholas King
--- ------------------------- -------------------------
2 Reason for the notification
--- ----------------------------------------------------
a) Position/status General Counsel &
Company Secretary
--- ------------------------- -------------------------
b) Initial Initial Notification
notification/
Amendment
--- ------------------------- -------------------------
3 Details of the issuer, emission
allowance market participant,
auction platform, auctioneer
or auction monitor
--- ----------------------------------------------------
a) Name Sirius Minerals Plc
--- ------------------------- -------------------------
b) LEI n/a
--- ------------------------- -------------------------
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 Shares
of the
financial
instrument,
type of
instrument
GB00B0DG3H29
Identification
code
--- ------------------------- -------------------------
b) Nature Take up of open offer
of the entitlement and further
transaction purchase of shares
on market
--- ------------------------- -------------------------
c) Price(s) Price(s) Volume(s)
and volume(s) ---------- ----------
GBP0.20 21,392
GBP0.20 14,890
---------- ----------
--- ------------------------- -------------------------
d) Aggregated
information
* Aggregated volume 36,282
GBP0.20
* Price
--- ------------------------- -------------------------
e) Date of 28 November 2016
the transaction
--- ------------------------- -------------------------
f) Place AIM
of the
transaction
--- ------------------------- -------------------------
For further information, please contact:
Sirius Minerals Plc Tristan Pottas
Investor Relations Email: ir@siriusminerals.com Tel: +44 845
Manager 524 0247
------------------------- ------------------------------ ---------------
Joint Brokers
Liberum Capital Limited Neil Elliot, Tel: +44 20
(NOMAD) Clayton Bush, 3100 2222
Jill Li
J.P. Morgan Cazenove Ben Davies, Jamie Tel: +44 20
Riddell 7742 4000
WH Ireland Adrian Hadden Tel: +44 20
7220 1666
------------------------- ------------------------------ ---------------
Media Enquiries Jos Simson, Mike Tel: +44 20
Tavistock Bartlett, 7920 3150
Emily Fenton
------------------------- ------------------------------ ---------------
About Sirius Minerals Plc
Sirius Minerals Plc is the fertilizer development company
focused on the construction and development of its North Yorkshire
polyhalite project in the United Kingdom. It believes the Project
represents the world's largest high-grade known deposit of
polyhalite, a multi-nutrient form of potash containing potassium,
sulphur, magnesium and calcium. Incorporated in 2003, Sirius
Minerals' shares are traded on the London Stock Exchange's AIM
market (AIM: SXX). Further information on the Company can be found
at: www.siriusminerals.com.
This information is provided by RNS
The company news service from the London Stock Exchange
END
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