30 Jan 2017 16:54
Regency Mines Plc
Director share purchase
30 January 2017
Regency Mines Plc ("Regency" or the "Company"), announces that Andrew Bell, a director of the Company, has today purchased 1,955,956 shares in Regency, at an average price of 0.52523 pence per share.
Following the purchase, his interests in the share capital of the Company are as follows:
Director | Shares* | % of Current Issued Share Capital | Options |
Andrew R M Bell | 7,793,981 | 1.91% | 13,360,000 |
*Mr A Bell is the beneficiary of 2,688,210 shares held on his behalf by the Share Incentive Plan Trustees. Mr A Bell holds 2,425,907 shares in the account of Alliance Trust Nominees Limited, 377,429 shares in the name of Beaufort Securities Nominees Limited, and 2,302,435 shares in the account of Rock (Nominees) Limited.
The closing price of Regency shares on 27th January 2017 was 0.42 pence.
For further information contact:
Andrew Bell 0207 747 9960 Chairman Regency Mines Plc
Scott Kaintz 0207 747 9960 Executive Director Regency Mines Plc
Roland Cornish/Rosalind Hill Abrahams 0207 628 3396 NOMAD Beaumont Cornish Limited
Jason Robertson 0129 351 7744 Broker Dowgate Capital Stockbrokers Ltd.
The notification below, made in accordance with the requirements of the EU Market Abuse Regulation, provides further detail in respect of the Directors subscribing for Director Shares as described above.
APPENDIX
1 | Details of the person discharging managerial responsibilities / person closely associated | |||||
a) | Name | Andrew R M Bell | ||||
2 | Reason for notification | |||||
a) | Position / status | Director | ||||
b) | Initial notification /Amendment | Initial | ||||
3 | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | |||||
a) | Name | Regency Mines Plc | ||||
b) | LEI | 2138009ECXQQ3EGKVY57 | ||||
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 in Regency Resources plc ISIN GB00BYVT4J08 | ||||
Nature of the transaction | Purchase of Ordinary Shares | |||||
Price(s) and volumes(s) |
| |||||
d) | Aggregated information | n/a | ||||
e) | Date of the transaction | 30 January 2017 | ||||
f) | Place of the transaction | London Stock Exchange, AIM (GLR) | ||||