Tertiary Minerals PLC Directors Dealings (2138A)
March 22 2017 - 8:13AM
UK Regulatory
TIDMTYM
RNS Number : 2138A
Tertiary Minerals PLC
22 March 2017
22 March 2017
Tertiary Minerals plc ("Tertiary" or "the Company")
Directors Dealings
Tertiary Minerals plc (the "Company"), the AIM traded company
building a strategic position in the fluorspar sector, announces
that it was notified on 22 March 2017 that Mr Patrick Cheetham,
Executive Chairman, acquired 735,200 ordinary shares of 1p at
prices between 0.895p and 0.92p per share, on 21 and 22 March 2017,
as disclosed below. Following these purchases, Mr Cheetham has an
interest in 12,612,113 ordinary shares representing 4.72% of the
Company's issued share capital, including 2,843,625 held by K E
Cheetham. 435,200 shares were purchased in Mr Cheetham's SIPP and
300,000 in his ISA.
The notification below, made in accordance with the requirements
of the EU Market Abuse Regulation, provides further details on the
acquisition of shares by Mr Cheetham.
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: Patrick Cheetham
--- --------------------------------- ------------------------
2. Reason for the notification
--- -----------------------------------------------------------
a) Position/status: Executive Chairman
--- --------------------------------- ------------------------
b) Initial notification/Amendment: Initial notification
--- --------------------------------- ------------------------
3. Details of the issuer, emission allowance
market participant, auction platform, auctioneer
or auction monitor
--- -----------------------------------------------------------
a) Name: Tertiary Minerals
plc
--- --------------------------------- ------------------------
b) LEI: 213800OT9C6DQN9VO543
--- --------------------------------- ------------------------
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 Ordinary shares
instrument, type of instrument: of 1 pence each
Identification code: GB0008854563
--- --------------------------------- ------------------------
b) Nature of the transaction: Acquisition of
shares
--- --------------------------------- ------------------------
c) Price(s) and volume(s): Price(s) Volume(s)
--------- ----------
0.895p 235,200
--------- ----------
Price(s) Volume(s)
--------- ----------
0.900p 300,000
--------- ----------
Price(s) Volume(s)
--------- ----------
0.920p 200,000
--------- ----------
--- --------------------------------- ------------------------
d) Aggregated information: Price(s) Volume(s)
Aggregated volume: --------- ----------
Weighted Average Price: 0.9038p 735,200
--------- ----------
--- --------------------------------- ------------------------
e) Date of the transaction: 21-22 March2017
--- --------------------------------- ------------------------
f) Place of the transaction: London Stock Exchange,
AIM
--- --------------------------------- ------------------------
Enquiries
Tertiary Minerals plc
Patrick Cheetham, Executive
Chairman
Richard Clemmey, Managing
Director +44 (0) 1625 838 679
SP Angel Corporate Finance
LLP
Nominated Adviser & Joint
Broker
Ewan Leggat/Lindsay Mair +44 (0) 20 3470 0470
Beaufort Securities Ltd
Joint Broker
Elliot Hance +44 (0)20 7382 8300
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
Notes to Editors
Tertiary Minerals plc (ticker symbol 'TYM') is an AIM-traded
mineral exploration and development company building a significant
strategic position in the fluorspar sector. Fluorspar is an
essential raw material in the chemical, steel and aluminium
industries. Tertiary controls two significant Scandinavian projects
(Storuman in Sweden and Lassedalen in Norway) and a large deposit
of strategic significance in Nevada, USA (MB Project).
CAUTIONARY NOTICE
The news release may contain certain statements and expressions
of belief, expectation or opinion which are forward looking
statements, and which relate, inter alia, to the Company's proposed
strategy, plans and objectives or to the expectations or intentions
of the Company's directors. Such forward-looking statements involve
known and unknown risks, uncertainties and other important factors
beyond the control of the Company that could cause the actual
performance or achievements of the Company to be materially
different from such forward-looking statements. Accordingly, you
should not rely on any forward-looking statements and save as
required by the AIM Rules for Companies or by law, the Company does
not accept any obligation to disseminate any updates or revisions
to such forward-looking statements.
This information is provided by RNS
The company news service from the London Stock Exchange
END
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