1st Feb 2022 10:07
1 February 2022
Metal Tiger plc
(“Metal Tiger” or the “Company”)
Director Dealing
Metal Tiger plc (AIM: MTR, ASX: MTR), the AIM and ASX listed investor in natural resources opportunities, announces that, on 31 January 2022, the Company’s Chief Executive Officer, Michael McNeilly, purchased, in aggregate, 40,000 ordinary shares of 0.1 pence each in the capital of the Company (“Ordinary Shares”) on market at an average price of 20 pence per share, for a total consideration of £8,000.
Following these purchases, Michael McNeilly is interested in 850,000 Ordinary Shares, representing 0.5% of the Company’s issued share capital.
PDMR Notification Form:
The notification below is made in accordance with the requirements of the Market Abuse Regulation:
1. | Details of the person discharging managerial responsibilities / person closely associated | |
a) | Name | Michael McNeilly |
2. | Reason for the Notification | |
a) | Position/status | CEO |
b) | Initial notification/amendment | Initial notification |
3. | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | |
a) | Name | Metal Tiger plc |
b) | LEI | 213800K1IN6M1VCVPA93 |
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 0.1 pence each |
Identification code | GB00BYX5K988 | |
b) | Nature of the Transaction | Purchase |
c) | Price(s) and volume(s) | Price Volume(s) 20.00 pence 40,000
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d) | Aggregated information Aggregated volume Price | 40,000 shares at 20 pence per share |
e) | Date(s) of the transaction(s) |
31 January 2022
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f) | Place of the transaction | AIM (LSE) |
For further information on the Company, visit www.metaltigerplc.com:
Michael McNeilly | (Chief Executive Officer) | Tel: +44 (0)20 3287 5349 |
Mark Potter | (Chief Investment Officer) |
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James Dance James Harris Robert Collins | Strand Hanson Limited (Nominated Adviser) | Tel +44 (0)20 7409 3494 |
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Paul Shackleton Steve Douglas | Arden Partners plc (Broker) | Tel: +44 (0)20 7614 5900 |
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Gordon Poole James Crothers Rebecca Waterworth | Camarco (Financial PR) | Tel: +44 (0)20 3757 4980 |
Notes to Editors:
Metal Tiger PLC is admitted to the AIM market of the London Stock Exchange AIM Market ("AIM") and the ASX Market of the Australian Securities Exchange Market ("ASX") with the trading code MTR and invests in high potential mineral projects with a base, precious and strategic metals focus.
The Company's target is to deliver a high return for shareholders by investing in significantly undervalued and/or high potential opportunities in the mineral exploration and development sector. Metal Tiger has two investment divisions: Equity Investments and Project Investments.
Equity Investments invests in undervalued natural resource companies. The majority of its investments are listed on AIM, the TSX and the ASX, which includes its interest in Sandfire Resources Limited (ASX: SFR). The Company also considers selective opportunities to invest in private natural resource companies, typically where there is an identifiable path to IPO. Through the trading of equities and warrants, Metal Tiger seeks to generate cash for investment for the Project Investments division.
Project Investments is focused on the development of its key project interests in Botswana, where Metal Tiger has a growing interest in the large and highly prospective Kalahari copper/silver belt through its interest in Kalahari Metals Limited.
The Company actively assesses new investment opportunities on an on-going basis and has access to a diverse pipeline of new opportunities in the natural resources and mining sectors. For pipeline opportunities deemed sufficiently attractive, Metal Tiger may invest in the project or entity by buying publicly listed shares, by financing privately and/or by entering into a joint venture.
View source version on businesswire.com: https://www.businesswire.com/news/home/20220201005691/en/
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MTR.L