23rd Apr 2018 15:43
Bellzone Mining plc
Share Awards and Director/PDMR Shareholding
Further to the announcement made on 26 January 2018, Bellzone Mining plc ("Bellzone" or the "Company") (AIM: BZM) confirms that the first tranche of share awards, amounting to 8,644,800 fully paid Ordinary Shares of no par value ("Ordinary Shares"), vested today. The shares were awarded from existing issued shares held by the Company in Treasury.
The below PDMRs (Persons Discharging Managerial Responsibilities) received Ordinary Shares as part of the awards that vested today:
Name | Title | Number of Ordinary Shares vestedon 23 April 2018 | Total number of Ordinary Shares heldon 23 April 2018 |
Julian Cheong | CEO and CFO | 4,200,660 | 4,200,660 |
Simon Edwards | Head of Corporate Development | 1,963,500 | 2,412,999 |
The second share awards, also amounting to 8,644,800 Ordinary Shares, will vest on 23 July 2018. The total of 17,289,600 Ordinary Shares being awarded from Treasury represent 1.08 per cent. of the total issued share capital of the Company which is unchanged at 1,597,858,383 Ordinary Shares.
The total voting rights in the Company ("TVR"), have increased by 8,644,800 from 1,565,200,413 to 1,573,845,213 and this figure may be used by shareholders as the denominator for the calculations by which they determine if they are required to notify their interest in, or a change in their interest in, the Company under the Disclosure and Transparency Rules of the UK Financial Conduct Authority.
Following the awards vesting today Bellzone continues to hold 24,013,170 Ordinary Shares in Treasury. The TVR will increase in July 2018 when second awards vest and the resulting TVR will be announced at that time.
Enquiries:
Bellzone Mining plc |
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Simon Edwards | +44 (0) 7767 492 712 |
|
|
WH Ireland Limited |
|
Nominated Advisor & Joint Broker |
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James Joyce / Jessica Cave
| +44 (0) 20 7220 1666 |
SVS Securities plc |
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Joint Broker Tom Curran
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+44 (0) 20 3700 0100 |
The notifications below are made in accordance with the requirements of the EU Market Abuse Regulation.
DIRECTOR/PDMR SHAREHOLDING
1 | Details of the person discharging managerial responsibilities/person closely associated | |||||
a) | Name | Julian Cheong | ||||
2 | Reason for the notification | |||||
a) | Position/status | CEO and CFO | ||||
b) | Initial notification/ Amendment | Initial Notification | ||||
3 | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | |||||
a) | Name | Bellzone Mining plc | ||||
b) | LEI | 213800X7MWNMIC3IUM94 | ||||
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
JE00B3N0SJ29 | ||||
b) | Nature of the transaction | Vesting of share awards | ||||
c) | Price(s) and volume(s) |
| ||||
d) | Aggregated information - Aggregated volume - Price |
N/A - single transaction | ||||
e) | Date of the transaction | 23 April 2018 | ||||
f) | Place of the transaction | London | ||||
1 | Details of the person discharging managerial responsibilities/person closely associated | |||||
a) | Name | Simon Edwards | ||||
2 | Reason for the notification | |||||
a) | Position/status | Head of Corporate Development | ||||
b) | Initial notification/ Amendment | Initial Notification | ||||
3 | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | |||||
a) | Name | Bellzone Mining plc | ||||
b) | LEI | 213800X7MWNMIC3IUM94 | ||||
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
JE00B3N0SJ29 | ||||
b) | Nature of the transaction | Vesting of share awards | ||||
c) | Price(s) and volume(s) |
| ||||
d) | Aggregated information - Aggregated volume - Price | N/A - single transaction | ||||
e) | Date of the transaction | 23 April 2018 | ||||
f) | Place of the transaction | London | ||||
Related Shares:
Bellzone Mining