LONDON, UK / ACCESSWIRE / December 24, 2021 / Anglo Pacific Group PLC ("Anglo Pacific", the "Company") (LSE:APF)(TSX:APY) announces that it received notification of the following transactions by Kings Chapel International Limited, a Person Closely Associated ("PCA") with Mr. Julian Treger, Chief Executive Officer of the Company.
From 20 December 2021 to 23 December 2021, Kings Chapel International Limited, sold 250,000 ordinary shares of 2 pence each in the Company ("Shares") at an average approximate price of 129.05p per share, as part of a further rebalancing of its investment portfolio. It remains Mr. Treger's intention to retain a significant portion of his beneficial holding of Shares.
Following this notification, the total beneficial holding of Shares by Mr. Treger and persons closely associated with him is 2,874,951 Shares, representing 1.34% of the issued ordinary share capital of the Company.
The transactions took place on the London Stock Exchange.
Directors' Share Dealings - Further information
The notifications below, made in accordance with the requirements of the UK version of the Market Abuse Regulation (596/2014/EU)[1], 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 | Kings Chapel International Limited | |
2. | Reason for the notification | ||
a. | Position/status | Person closely associated with Mr. Julian Treger, Chief Executive Officer of Anglo Pacific Group PLC | |
b. | Initial notification/Amendment | Initial Notification | |
3. | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | ||
a. | Name | Anglo Pacific Group PLC | |
b. | Legal Entity Identifier code | 213800LXSV317746JZ71 | |
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 | 2p Ordinary Shares GB0006449366 | |
b. | Nature of the transaction | Sale of Shares | |
c. | Price(s) and volume(s) | Price(s) | Volume(s) |
128.00p 128.07p 128.50p 128.50p 130.00p 130.50p | 30,000 53,000 50,000 17,000 50,000 50,000 | ||
d. | Aggregated information · Aggregated volume · Price | 250,000 129.05p | |
e. | Date of the transaction | 20, 21, 22, and 23 December 2021 | |
f. | Place of the transaction | London Stock Exchange, Main Market (XLON) |
For further information:
Anglo Pacific Group PLC | +44 (0) 20 3435 7400 |
Julian Treger - Chief Executive Officer Kevin Flynn - Chief Financial Officer | |
Website: | |
Berenberg | +44 (0) 20 3207 7800 |
Matthew Armitt / Jennifer Lee / Varun Talwar / Detlir Elezi | |
Peel Hunt LLP | +44 (0) 20 7418 8900 |
Ross Allister / Alexander Allen / David McKeown | |
RBC Capital Markets | +44 (0) 20 7653 4000 |
Farid Dadashev / Marcus Jackson / Jamil Miah | |
Capital Market Communications Limited (Camarco) | +44 (0)20 3757 4997 |
Gordon Poole / Owen Roberts / Charlotte Hollinshead |
Notes to Editors
About the Company
Anglo Pacific Group PLC is a global natural resources royalty and streaming company. The Company's strategy is to become a leading natural resources company through investing in high quality projects in preferred jurisdictions with trusted counterparties, underpinned by strong ESG principles. It is a continuing policy of the Company to pay a substantial portion of these royalties and streams to shareholders as dividends.
[1]This is part of UK law by virtue of the European Union Withdrawal Act 2018.
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SOURCE: Anglo Pacific Group PLC