This announcement contains inside information for the purposes of Article 7 of EU Regulation No. 596/2014, which forms part of United Kingdom domestic law by virtue of the European Union (Withdrawal) Act 2018 (as amended).
21 November 2023
Ferro-Alloy Resources Limited
("Ferro-Alloy" or "the Company")
Director Share Purchase
Ferro-Alloy Resources Limited (LSE:FAR), the vanadium producer and developer of the large Balasausqandiq vanadium deposit in Southern Kazakhstan, is pleased to announce that it has been informed that on 21 November 2023, James Turian, non-executive director, purchased 55,288 ordinary shares in the Company at a price of 9.375p per ordinary share.
Following this purchase Mr Turian has a beneficial interest of 500,000 ordinary shares representing 0.1% of the issued share capital of the Company.
- Ends -
For further information, visit www.ferro-alloy.com or contact:
| Ferro-Alloy Resources Limited | Nick Bridgen (CEO) / William Callewaert (CFO)
| info@ferro-alloy.com
|
| Shore Capital (Joint Corporate Broker) Liberum Capital Limited (Joint Corporate Broker) | Toby Gibbs/Lucy Bowden
Scott Mathieson/Kane Collings
| +44 207 408 4090
+44 20 3100 2000
|
| St Brides Partners Limited (Financial PR & IR Adviser) | Catherine Leftley/Ana Ribeiro | +44 207 236 1177 |
Details of the full notifications received by the Company are set out below:
Notification and public disclosure of transactions by persons discharging managerial responsibilities and persons closely associated with them
| 1
| Details of the person discharging managerial responsibilities / person closely associated
| ||||
| a)
| Name
| James Harry Turian | |||
| 2
| Reason for the notification
| ||||
| a)
| Position/status
| Non-Executive Director of Ferro-Alloy Resources Limited
| |||
| b)
| Initial notification /Amendment
| Initial notification | |||
| 3
| Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
| ||||
| a)
| Name
| FERRO-ALLOY RESOURCES LIMITED
| |||
| b)
| LEI
| 2138003T5CF6U9W7Z780 | |||
| 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 | |||
| | | ||||
| Identification code | GG00BGDYDZ69 | ||||
| | | ||||
| b)
| Nature of the transaction
| Share purchase | |||
| c)
| Price(s) and volume(s) | | | | |
| | | Price(s) | Volume(s) | | |
| | | 9.375p | 55,288 | | |
| | | | | | |
| d)
| Aggregated information | | |||
| | | ||||
| - Aggregated volume | N/A Single transaction | ||||
| | | ||||
| - Price | | ||||
| | | ||||
| e)
| Date of the transaction
| 21 November 2023 | |||
| f)
| Place of the transaction
| London Stock Exchange | |||
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