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Director Dealing

12th Mar 2015 07:00

RNS Number : 2213H
Tertiary Minerals PLC
12 March 2015
 



Tertiary Minerals plc

www.tertiaryminerals.com

("Tertiary" or "the Company")

 

12 March 2015

 

Director's Dealing

 

Tertiary Minerals plc, the AIM traded company building a strategic position in the fluorspar sector announces that it was notified on 11 March 2015, that Patrick Cheetham, Executive Chairman, has instructed the dematerialisation of 1,500,000 ordinary shares currently held in certificated form in his own name into CREST and the transfer of those 1,500,000 ordinary shares into a self-invested personal pension ("SIPP").

 

Following the dematerialisation and transfer, Mr Cheetham's beneficial holding of 11,876,913 ordinary shares in the Company (which includes 2,843,625 ordinary shares held by his wife, Mrs K Cheetham) will remain unchanged and he will retain his ultimate beneficial interest in a total of 11,876,913 ordinary shares of 1 pence each which represents approximately 6.8 per cent. of the Company's issued share capital.

 

A further announcement will be made as soon as possible once the transfer of the 1,500,000 ordinary shares to the SIPP has completed including the price at which those ordinary shares were transferred.

 

 

Enquiries

 

Tertiary Minerals plc

Patrick Cheetham, Executive Chairman 

Richard Clemmey, Managing Director

 

 

 

+44 (0)845 868 4580

SP Angel Corporate Finance LLP

Nominated Adviser & Joint Broker

Ewan Leggat

Katy Birkin

 

 

+44 (0) 20 3470 0470

Beaufort Securities Ltd

Joint Broker

Saif Janjua

 

 

+44 (0)20 7382 8300

Yellow Jersey PR Limited

Dominic Barretto

Kelsey Traynor

+44 (0)7768 537 739

Notes to Editors

 

Tertiary Minerals plc (ticker symbol 'TYM') is an AIM-quoted mineral exploration and development company building a significant strategic position in the fluorspar sector. Fluorspar is an essential raw material in the chemical, steel and aluminium industries. Tertiary controls two significant Scandinavian projects (Storuman in Sweden and Lassedalen in Norway) and a large deposit of strategic significance in Nevada USA (MB Project).

 

This information is provided by RNS
The company news service from the London Stock Exchange
 
END
 
 
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