2nd Apr 2019 07:00
HIGHLAND GOLD MINING LIMITED
02 April 2019
Director/PDMR Shareholding
Highland Gold Mining Limited ("Highland Gold" or the "Company", AIM: HGM) has been informed of the termination of a pledge of shares in the Company held by Executive Chairman Eugene Shvidler.
As per the Company's announcement on 05 May 2017, the shares had been pledged to Citibank, N.A. as security in respect of a personal line of credit. As the credit line went unused, the lender terminated the pledge on 23 October 2018, but only sent notification of the action on 29 March 2019.
FOR FURTHER INFORMATION PLEASE CONTACT:
Highland Gold Mining Ltd. | John Mann, Head of Communications + 7 495 424 95 21 Duncan Baxter, Non-Executive Director + 44 (0) 1534 814 202
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Numis Securities Limited (Nominated Adviser and Joint Broker) | John Prior, James Black, Paul Gillam +44 (0) 207 260 1000
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BMO Capital Markets Limited (Joint Broker) | Jeffrey Couch, Tom Rider, Pascal Lussier Duquette +44 (0) 207 236 1010
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Peat & Co (Joint Broker) | Charlie Peat +44 (0) 207 104 2334 |
HIGHLAND GOLD MINING LIMITED
DIRECTORS' DEALINGS IN SECURITIES
DEALING NOTIFICATION FORM
FOR USE BY PERSONS DISCHARGING MANAGERIAL
RESPONSIBILITY AND THEIR CLOSELY ASSOCIATED PERSONS
1. | Details of the person discharging managerial responsibilities/person closely associated | |||||
a) | Name: | Eugene Shvidler
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2. | Reason for the notification | |||||
a) | Position/status: | Executive Chairman | ||||
b) | Initial notification/Amendment: | Initial notification
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3. | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | |||||
a) | Company name: | Highland Gold Mining Ltd. | ||||
b) | LEI: | 213800QQFH2CBTW5BX79 | ||||
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:
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Ordinary shares of £0.001 each
GB0032360173 | ||||
b) | Nature of the transaction: | Termination of pledge of shares to a lender in respect of a personal loan | ||||
c) | Currency |
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d) | Price(s) and Volume(s) |
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e) | Aggregated information: |
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f) | Date of the transaction: | 23 October 2018 | ||||
g) | Place of the transaction: | Outside a trading venue | ||||
Related Shares:
HGM.L