24th Oct 2019 14:49
24 October 2019
Rainbow Rare Earths Limited("Rainbow" or the "Company")
Director/PDMR Shareholding
The Company announces that Jim Wynn, CFO and a PDMR of the Company, has entered into a share transaction, the purpose of which was to transfer shares previously held in a general share account into his share ISA.
The net effect of this transaction leaves his overall shareholding unchanged.
For further information, please contact:
Rainbow Rare Earths Ltd | George Bennett Jim Wynn | Tel: +27 82 652 8526 Tel: +44 (0) 20 3910 4551 |
Turner Pope Investments | James Pope | Tel: +44 (0) 20 3657 0050 |
St Brides Partners Ltd | Priit Piip | Tel: +44 (0) 20 7236 1177 |
1. | Details of the person discharging managerial responsibilities / person closely associated | ||
a) | Name | Jim Wynn | |
2. | Reason for the notification | ||
a) | Position/status | CFO | |
b) | Initial notification/Amendment | Initial notification | |
3. | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | ||
a) | Name | Rainbow Rare Earths Limited | |
b) | LEI | 213800HONYSAXTG6KS11 | |
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 No Par Value
GG00BD59ZW98 | |
b) | Nature of the transaction | Disposal and Purchase of Shares of No Par Value | |
c) | Price(s) and volume(s)
| Price(s) | Volume(s) |
£0.025 | 844,688 - Disposed | ||
|
| £0.026 | 844,688 - Purchased |
d) | Aggregated information
- Aggregated volume - Price
|
As above
| |
e) | Date of the transaction | 2019-10-23 | |
f) | Place of the transaction | Outside of a trading venue | |
Related Shares:
Rainbow Rare Earths