Panther Metals PLC Director Dealing
August 1, 2024 (Source) — The Company announces that it received notification on 31 July that Nicholas O’Reilly, the executive chairman of the Company, had exercised the conversion rights attaching to the £50,000 of convertible loan notes held by him in respect of principal and accrued interest of £8,500. As a consequence, Mr O’Reilly will be issued with 57,073 new ordinary shares of no par value in the capital of the Company (“Ordinary Shares“) at a price of £1.025 per Ordinary Share.
Admission
Application will be made to the Financial Conduct Authority for admission of the new Ordinary Shares to the Official List and to the London Stock Exchange (the “LSE”) for admission to trading of the new Ordinary Shares on the LSE’s Main Market for listed securities (together “Admission”). It is expected that Admission will take place at 8.00 a.m. on 8 August 2024 and that dealings in the new Ordinary Shares on the LSE’s Main Market for listed securities will commence at the same time.
Total Voting Rights
Following Admission, the Company’s total issued share capital consists of 4,167,220 Ordinary Shares. The Company does not hold any Ordinary Shares in treasury.
Therefore, following Admission, the total number of voting rights in Panther Metals plc is 4,167,220. This figure may be used by shareholders as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change in their interest in, the Company under the FCA’s Disclosure Guidance and Transparency Rules.
Interests in shares
Following this transaction, Mr O’Reilly is now interested in 83,737 Ordinary Shares, which represents 2.0% of the Company’s existing issued Ordinary Share capital. The notification shown below, made pursuant to Article 19(3) of the Market Abuse (Amendment) (EU Exit) Regulations 2019 (SI 2019/310), provides further details.
| For further information: Panther Metals PLC:Darren Hazelwood, Chief Executive Officer: +44(0) 1462 429 743 +44(0) 7971 957 685Brokers:Tavira Financial Limited Christopher James Kipling +44(0) 203 833 3743SI Capital LimitedNick Emerson +44(0) 1438 416 500Axis Capital Markets LimitedBen TaddLewis Jones +44 (0)20 3026 0449 |
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 | Nicholas O’Reilly |
| 2 | Reason for the notification | |
| a) | Position/status | PDMR, executive chairman 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 | Panther Metals plc |
| b) | LEI | 213800FE99O4CN3DJU27 |
| 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 no par value ISIN IM00BRF2WV49 |
| b) | Nature of the transaction | Exercise of conversion rights and accrued interest |
| c) | Price(s) and volume(s) | Price(s) Volumes£1.025 pence 57,073 |
| d) | Aggregated information | N/A (Single transaction) |
| e) | Date of the transaction | 31 July 2024 |
| f) | Place of the transaction | Off market |
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