8 April 2024
Arc Minerals Ltd
('Arc' or the 'Company')
PDMR Dealing
Arc Minerals announces that it was notified today, that on 5 April 2024 Nick von Schirnding, Executive Chairman of the Company, purchased 1,112,347 ordinary shares of no par value in the Company ("Ordinary Shares") at a price of 1.798 pence per share.
Following this transaction, Nick von Schirnding now holds a direct interest in 23,748,434 Ordinary Shares representing approximately 1.64 per cent. of the Company's issued share capital.
The notifications set out below are provided in accordance with the requirements of the UK Market Abuse Regulation:
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: | Nick von Schirnding, | ||||||
| 2. | Reason for the notification | |||||||
| a) | Position/status: | Executive Chairman | ||||||
| b) | Initial notification/Amendment: | Initial notification | ||||||
| 3. | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | |||||||
| a) | Name: | Arc Minerals Limited | ||||||
| b) | LEI: | 213800XHFJVCC9GP2G75 | ||||||
| 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
VGG045791016 | ||||||
| b) | Nature of the transaction: | Purchase of shares | ||||||
| c) | Price(s) and volume(s): |
| ||||||
| d) | Aggregated information: Aggregated volume: Price: | Single transaction as in 4 c) above 1,112,347 1.798 pence
| ||||||
| e) | Date of the transaction: | 5 April 2024
| ||||||
| f) | Place of the transaction: | London Stock Exchange, AIM | ||||||
Contacts
| Arc Minerals Ltd Nick von Schirnding (Executive Chairman)
| +44 (0) 20 7917 2942
|
| WH Ireland Limited (Nomad and Broker) Harry Ansell / Katy Mitchell
| +44 (0) 20 7220 1666
|
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