7th May 2025 17:21
This announcement replaces the announcement made on 7 May 2025 at 4.26pm with the headline "Director Dealing/PDMR Shareholding" (RNS Number: 7537H). The number of ordinary shares and price contained square brackets in error but all other details were correct.
Mineral and Financial Investments Limited
Directors Dealing / PDMR Shareholding
Camana Bay, Cayman Island - 7 May 2025 - Mineral & Financial Investments ("M&FI" or the "Company") has been notified that on 6 May 2025, Interactive Investor Services Nominees Limited sold 66,666 ordinary shares of 1p each in the Company ("Shares") at a price of 24.277p per share from a trading account held on behalf of James Lesser, a Non-Executive Director of the Company.
In addition, on 7 May 2025, Jamie Lesser exercised options over 200,000 ordinary shares in the Company at a price of 13.5p per ordinary share. Accordingly the Company has today approved the issue of 200,000 ordinary shares in the Company (the "Option Shares") and application has been made for the Option Shares to be admitted to trading on AIM. The Option Shares will rank pari passu with the Company's existing order shares and it is expected that Admission will occur at 8am on 14 May 2025.
Following admission of the Option Shares, the Company's issued share capital will comprise 37,555,871 Ordinary shares, none of which are held in treasury. Therefore the total number of ordering shares with voting rights following admission with be 37,555,871. This figure may be used by shareholders as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change to heir interest in the Company under the FCA's Disclosure Guidance and Transparency Rules.
Following these transactions, Mr Lesser is indirectly interested in 557,009 Shares in the Company, representing 1.48 per cent of the enlarged issued share capital of the Company.
The notifications set out below are provided in accordance with the requirements of the Market Abuse Regulation.
c | Details of the person discharging managerial responsibilities ("PDMR") / person closely associated ("PCA") | |
a) | Name | James Lesser |
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 | Mineral and Financial Investments Limited |
b) | LEI | 213800XJN3E3OTYDCH82 |
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 1p each |
Identification code | KYG6181G1055 | |
b) | Nature of the transaction | (i) Sale of Ordinary Shares from a trading account held on behalf of James Lesser by Interactive Investor Services Nominees Limited (ii) Exercise of Options
|
c)
| Price(s) and volume(s) | (i) 66,666 Shares at 24.277p (ii) Options over 200,000 ordinary shares at 13.5p
|
d)
| Aggregated information | |
N/A | ||
- Aggregated volume | ||
- Price | ||
e) | Date of the transaction | (i) 6 May 2025 (ii) 7 May 2025 |
f) | Place of the transaction | London Stock Exchange (AIM: MAFL) |
FOR MORE INFORMATION:
Jacques Vaillancourt, Mineral & Financial Investments Ltd. +44 780 226 8247
Katy Mitchell, Zeus +44 203 829 5000
Jon Belliss, Novum Securities Limited +44 207 382 8300
Related Shares:
Mineral & Financial Investments