Goldstone Resources Ltd Director/PDMR Shareholding (1293T)
October 10 2017 - 2:00AM
UK Regulatory
TIDMGRL
RNS Number : 1293T
Goldstone Resources Ltd
10 October 2017
10 October 2017
GOLDSTONE RESOURCES LIMITED
("GoldStone" or the "Company")
Directors' Dealings and Holdings Update
GoldStone Resources Limited (AIM: GRL), the West and Central
Africa focused gold exploration company quoted on AIM, announces
that Emma Priestley, Chief Executive Officer of the Company, has
today sold 2,000,000 ordinary shares of 1 penny each ("Ordinary
Shares") to Bill Trew, Non-Executive Chairman of the Company, at a
price of 1.6 pence (the "Share Transfer").
The Company also wishes to notify corrections to previous
shareholdings announced in respect of Emma Priestley and Richard
Lloyd, which were understated by 23,655 and 5,677 Ordinary Shares
respectively. The corrected existing holdings for both Directors
are as set out in the table below. For the avoidance of doubt, the
number of new Ordinary Shares issued to the aforementioned, as set
out in the Company's announcements of 6 September 2017 and 3
October 2017, remain correct and the total number of Ordinary
Shares in issue is unaffected.
Post the Share Transfer, the Directors' holdings will be as
follows:
Existing Share Resultant Resultant
Holding Transfer Holding Percentage
Holding
---------------- ----------- ----------- ----------- ------------
Bill Trew* 0 2,000,000 2,000,000 0.80%
---------------- ----------- ----------- ----------- ------------
Emma Priestley 4,711,546 2,711,546 1.08%
---------------- ----------- ----------- ----------- ------------
Richard
Lloyd 1,130,776 1,130,776 0.45%
---------------- ----------- ----------- ----------- ------------
* Mr Trew is a director and shareholder of Paracale Gold
Limited, which currently holds 70,352,377 ordinary shares in
Goldstone representing 28.26% of its currently issued share
capital. Following the Share Transfer, Bill Trew and Paracale Gold
Limited will be interested in, in aggregate, 72,352,377 Ordinary
Shares, representing 28.97% of the Company's currently issued share
capital.
There is no change to the total number of shares held by the
Board of Directors post this transaction.
For further information, please contact:
GoldStone Resources
Limited
Emma Priestley / Bill Tel: +44 (0)20 7830 9650
Trew
Strand Hanson Limited
Richard Tulloch / James Tel: +44 (0)20 7409 3494
Bellman
SI Capital Limited
Nick Emerson Tel: +44 (0)1483 413 500
About GoldStone Resources Limited
GoldStone Resources Limited (AIM: GRL) is an AIM quoted
exploration company with projects in Ghana, Senegal, and Gabon that
range from grassroots to advanced exploration.
The Company is focused on developing the Homase-Akrokerri
project in south-western Ghana, which hosts an existing 602,000 oz
gold JORC Code compliant resource at an average grade of 1.77g/t,
along strike from the Obuasi Gold Mine, one of the World's major
gold mines with a total historical and current resource in excess
of 70 million ounces of gold. It is the Company's intention to
build a portfolio of high-quality gold projects in Ghana, with a
particular focus on the highly prospective Ashanti Gold Belt.
PDMR Notifications
1. Details of the person discharging managerial
responsibilities / person closely associated
--- -------------------------------------------------------------
a) Name Emma Priestley
--- ------------------------------- ----------------------------
2. Reason for the Notification
--- -------------------------------------------------------------
a) Position/status Director of the Company
--- ------------------------------- ----------------------------
b) Initial notification/amendment Initial notification
--- ------------------------------- ----------------------------
3. Details of the issuer, emission allowance market
participant, auction platform, auctioneer or
auction monitor
--- -------------------------------------------------------------
a) Name Goldstone Resources Limited
--- ------------------------------- ----------------------------
b) LEI 213800B7ATYRPQUTS551
--- ------------------------------- ----------------------------
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 Ordinary shares of 1 penny
Financial instrument, each in the share capital
type of instrument of the Goldstone Resources
Limited
--- ------------------------------- ----------------------------
Identification code JE00BRJ8YF63
--- ------------------------------- ----------------------------
b) Nature of the Transaction Sale of Ordinary Shares
--- ------------------------------- ----------------------------
c) Price(s) and volume(s) Price(s) Volume(s)
---------- ----------
GBP0.016 2,000,000
---------- ----------
--- ------------------------------- ----------------------------
d) Aggregated information N/A (Single transaction)
Aggregated volume
Price
--- ------------------------------- ----------------------------
e) Date of the transaction 09 October 2017
--- ------------------------------- ----------------------------
f) Place of the transaction London Stock Exchange, AIM
Market (XLON)
--- ------------------------------- ----------------------------
1. Details of the person discharging managerial
responsibilities / person closely associated
--- -------------------------------------------------------------
a) Name William Trew
--- ------------------------------- ----------------------------
2. Reason for the Notification
--- -------------------------------------------------------------
a) Position/status Director of the Company
--- ------------------------------- ----------------------------
b) Initial notification/amendment Initial notification
--- ------------------------------- ----------------------------
3. Details of the issuer, emission allowance market
participant, auction platform, auctioneer or
auction monitor
--- -------------------------------------------------------------
a) Name Goldstone Resources Limited
--- ------------------------------- ----------------------------
b) LEI 213800B7ATYRPQUTS551
--- ------------------------------- ----------------------------
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 Ordinary shares of 1 penny
Financial instrument, each in the share capital
type of instrument of the Goldstone Resources
Limited
--- ------------------------------- ----------------------------
Identification code JE00BRJ8YF63
--- ------------------------------- ----------------------------
b) Nature of the Transaction Purchase of Ordinary Shares
--- ------------------------------- ----------------------------
c) Price(s) and volume(s) Price(s) Volume(s)
---------- ----------
GBP0.016 2,000,000
---------- ----------
--- ------------------------------- ----------------------------
d) Aggregated information N/A (Single transaction)
Aggregated volume
Price
--- ------------------------------- ----------------------------
e) Date of the transaction 09 October 2017
--- ------------------------------- ----------------------------
f) Place of the transaction London Stock Exchange, AIM
Market (XLON)
--- ------------------------------- ----------------------------
This information is provided by RNS
The company news service from the London Stock Exchange
END
DSHBKLLBDBFXFBK
(END) Dow Jones Newswires
October 10, 2017 02:00 ET (06:00 GMT)
Goldstone Resources (LSE:GRL)
Historical Stock Chart
From Mar 2024 to Apr 2024
Goldstone Resources (LSE:GRL)
Historical Stock Chart
From Apr 2023 to Apr 2024