1st Feb 2019 16:26
1 February 2019
Rainbow Rare Earths Limited("Rainbow" or the "Company")
Director/PDMR Shareholding
The Company announces that Victoria Lowrie, spouse of Alex Lowrie, a Non-executive Director of the Company, has on 31 January 2019 effected a share transaction, the purpose of which was to transfer shares previously held in a general share account into her share ISA.
The net effect of this transaction leaves her overall shareholding unchanged.
For further information, please contact:
Rainbow Rare Earths Ltd | Martin Eales | Tel: +44 (0) 20 3910 4550 |
Arden Partners plc | Paul Shackleton Benjamin Cryer | Tel: +44 (0) 20 7614 5900 |
St Brides Partners Ltd | Isabel de Salis Susie Geliher | Tel: +44 (0) 20 7236 1177 |
1. | Details of the person discharging managerial responsibilities / person closely associated | ||
a) | Name | Victoria Lowrie - spouse of Alex Lowrie | |
2. | Reason for the notification | ||
a) | Position/status | Non-executive Director | |
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) |
£0.0350 | 750,000 - Disposed | ||
£0.0351 | 750,000 - Purchased | ||
d) | Aggregated information
- Aggregated volume - Price
|
As above
| |
e) | Date of the transaction | 2019-01-31 | |
f) | Place of the transaction | Outside of a trading venue |
Related Shares:
Rainbow Rare Earths