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RNS Number : 4257Z
Shanta Gold Limited
14 December 2017
 

Shanta Gold Limited

 ("Shanta Gold", "Shanta" or the "Company")

 Director/PDMR Shareholding

 

Notification of transaction by Person Discharging Managerial Responsibilities ("PDMR')

1.         

Details of the person discharging managerial responsibilities / person closely associated

a.        

Name

Robin Fryer

2.         

Reason for the notification

a.         

Position/status

Non-Executive Director

b.         

Initial notification

/Amendment

Initial Notification

3.         

Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor

a.         

Name

Shanta Gold Limited

b.         

LEI

2138004VR5BVV1VD7P81

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 instrument, type of instrument

Identification code

Ordinary shares of 0.01 pence each


GB00BOC6R828

 

b.         

Nature of the transaction

Sale of shares

c.         

Price(s) and volume(s)

Price(s)

4.5 pence

Volume(s)

30,000

d.         

Aggregated information

·     Aggregated volume

·     Price

 

 

30,000

4.5 pence

e.         

Date of the transaction

13 December 2017

f.         

Place of the transaction

London Stock Exchange

 

Following the sale, Robin Fryer holds 900,000 ordinary shares in the Company which represents 0.12% of the Company's issued share capital.

 

This announcement is made in accordance with Article 19 of the EU Market Abuse Regulation 596/2014.

 Enquiries:

Shanta Gold Limited


Eric Zurrin (CEO)

+255 (0)22 292 5148

Luke Leslie (CFO)

 


Nominated Adviser and Broker


Peel Hunt LLP


Ross Allister / Chris Burrows / James Bavister

+44 (0)20 7418 8900



Financial Public Relations


Tavistock


Jos Simson / Charles Vivian / Barnaby Hayward

+44 (0)20 7920 3150


About Shanta Gold

Shanta Gold is an East Africa-focused gold producer. It currently has defined ore resources on the New Luika and Singida projects in Tanzania and holds exploration licenses covering approximately 1,500km2 in the country. Shanta's flagship New Luika Gold Mine commenced production in 2012 and produced 87,714 ounces in 2016. The Company has been admitted to trading on London's AIM and has approximately 769 m shares in issue. For further information please visit: www.shantagold.com.

ENDS

 

 


This information is provided by RNS
The company news service from the London Stock Exchange
 
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