REG - Arc Minerals Limited - PDMR Dealing

ARC MineralsAnnouncement

05/04/2024 07:00

For best results when printing this announcement, please click on link below:
http://newsfile.refinitiv.com/getnewsfile/v1/story?guid=urn:newsml:reuters.com:20240405:nRSE3934Ja&default-theme=true

RNS Number : 3934J  Arc Minerals Limited  05 April 2024

5 April 2024

Arc Minerals Ltd

('Arc' or the 'Company')

PDMR Dealing

Arc Minerals announces that it was notified today, that on 3 April 2024 Ian
Lynch, Chief Financial Officer of the Company, purchased 1,142,857 ordinary
shares of no par value in the Company ("Ordinary Shares") at a price of 1.75
pence per share and on 4 April 2024 he purchased a further 278,009 Ordinary
Shares at a price of 1.7985p (a total purchase of 1,420,866 ordinary shares).
All were purchased through his SIPP.

Following this transaction, Ian Lynch now holds a beneficial interest in
4,304,771 Ordinary Shares representing approximately 0.30 per cent. of the
Company's issued share capital.

The notifications set out below are provided in accordance with the
requirements of the UK Market Abuse Regulation:

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:                                                         Ian Lynch
 2.            Reason for the notification
 a)            Position/status:                                              Chief Financial Officer
 b)            Initial notification/Amendment:                               Initial notification
 3.            Details of the issuer, emission allowance market participant, auction
               platform, auctioneer or auction monitor
 a)            Name:                                                         Arc Minerals Limited
 b)            LEI:                                                          213800XHFJVCC9GP2G75
 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:  Ordinary shares of no par value

               Identification code:

                                                                             VGG045791016
 b)            Nature of the transaction:                                    Purchase of shares
 c)            Price(s) and volume(s):

Price(s)                     Volume(s)
                                                                             (i)       1.75 pence         1,142,857
                                                                             (ii)      1.7985 pence       278,009

 
 d)            Aggregated information:                                       Single transaction as in 4 c) above

               Aggregated volume:                                            1,420,866

               Price:                                                        1.756 pence

 e)            Date of the transaction:                                      (i)  3 April 2024

                                                                             (ii) 4 April 2024
 f)            Place of the transaction:                                     London Stock Exchange, AIM

 

d)

Aggregated information:

Aggregated volume:

Price:

Single transaction as in 4 c) above

1,420,866

1.756 pence

 

e)

Date of the transaction:

(i)  3 April 2024

(ii) 4 April 2024

f)

Place of the transaction:

London Stock Exchange, AIM

 

Contacts

 Arc Minerals Ltd                           +44 (0) 20 7917 2942

 Nick von Schirnding (Executive Chairman)

 WH Ireland Limited (Nomad and  Broker)     +44 (0) 20 7220 1666

 Harry Ansell / Katy Mitchell

 

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact
rns@lseg.com (mailto:rns@lseg.com)
 or visit
www.rns.com (http://www.rns.com/)
.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our
Privacy Policy (https://www.lseg.com/privacy-and-cookie-policy)
.   END  DSHQKQBPPBKDKQK