REG - Armadale Capital PLC - Director/PDMR Shareholding

Armadale CapitalAnnouncement

25/07/2024 10:45

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RNS Number : 8549X  Armadale Capital PLC  25 July 2024

 

Armadale Capital Plc / Index: AIM / Epic: ACP / Sector: Investment Company

 

 

 

Armadale Capital Plc

('Armadale' or 'the Company')

 

Director/PDMR Shareholding

 

 

Armadale Capital plc, the AIM quoted investment group focused on natural
resource projects announces that pursuant to the admission of the new ordinary
shares on 19 July 2024 issued in connection with the Company led subscription
(the "Subscription") (as announced on 16 July 2024), Matt Bull, Technical
Director, subscribed for 14,285,714 ordinary shares of 0.1 pence each in the
capital of the Company ("Ordinary Shares") at a price of 0.7 pence per
Ordinary Share.

In addition, and pursuant to the terms of the Subscription, Mr Bull has also
been issued 14,285,714 warrants, with each warrant being exercisable within 36
months from admission, at a price of 1.2p per Ordinary Share (the "Warrants").
Each Warrant entitles each Warrant holder the right to subscribe for a further
Ordinary Share in the Company.

Following the above transactions, Matt Bull's beneficial interest in the
Company is 62,068,988 Ordinary Shares representing approximately 9.4 per cent.
Of the Company's total voting rights. In addition, Mr Bull also holds warrants
over 14,285,714 Ordinary Shares.

 

 

 Enquiries:
 Armadale Capital Plc                                                           +44 (0) 20 7236 1177

 Matt Bull, Director

 Greg Entwistle, Non-executive director

 Nomad and broker: Cavendish Capital markets Limited                            +44 (0) 20 7220 0500

 Neil McDonald / Seamus Fricker

 

 

Notification and public disclosure of transactions by persons discharging
managerial responsibilities and persons closely associated with them are set
out below pursuant to the EU Market Abuse regulation.

 

 1    Details of the person discharging managerial responsibilities / person closely

    associated

 a)   Name                                                         Matthew Bull

 2    Reason for the notification

 a)   Position/status                                              Technical Director

 b)   Initial notification /Amendment                              Initial

 3    Details of the issuer, emission allowance market participant, auction

    platform, auctioneer or auction monitor

 a)   Name                                                         Armadale Capital plc

 b)   LEI                                                          213800495EK876JETD10

 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  0.1p Ordinary Shares

      Identification code

                                                                   ISIN: GB00BYMSY631

 b)   Nature of the transaction                                     Purchase of Ordinary Shares

 c)   Price(s) and volume(s)                                       Price(s)  Volume(s)

                                                            0.7p      14,285,714

 d)   Aggregated information                                       N/A

      - Aggregated volume

      - Price
 e)   Date of the transaction                                      19 July 2024

 f)   Place of the transaction                                     Outside a trading venue

d)

 

Aggregated information

- Aggregated volume

- Price

N/A

 

 

e)

 

Date of the transaction

 

19 July 2024

f)

 

Place of the transaction

 

Outside a trading venue

 

 1    Details of the person discharging managerial responsibilities / person closely

    associated

 a)   Name                                                         Matthew Bull

 2    Reason for the notification

 a)   Position/status                                              Technical Director

 b)   Initial notification /Amendment                              Initial

 3    Details of the issuer, emission allowance market participant, auction

    platform, auctioneer or auction monitor

 a)   Name                                                         Armadale Capital plc

 b)   LEI                                                          213800495EK876JETD10

 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  0.1p Ordinary Shares

      Identification code

                                                                   ISIN: GB00BYMSY631

 b)   Nature of the transaction                                     Issue of Warrants

 c)   Price(s) and volume(s)                                       Price(s)  Volume(s)

                                                            Nil       14,285,714

 d)   Aggregated information                                       N/A

      - Aggregated volume

      - Price
 e)   Date of the transaction                                      19 July 2024

 f)   Place of the transaction                                     Outside a trading venue

d)

 

Aggregated information

- Aggregated volume

- Price

N/A

 

 

e)

 

Date of the transaction

 

19 July 2024

f)

 

Place of the transaction

 

Outside a trading venue

 

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