NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, IN WHOLE OR IN PART, DIRECTLY OR INDIRECTLY IN OR INTO AUSTRALIA, CANADA, JAPAN, THE REPUBLIC OF SOUTH AFRICA, THE UNITED STATES, ANY TERRITORY OR POSSESSION THEREOF OR ANY OTHER JURISDICTION WHERE TO DO SO WOULD CONSTITUTE A VIOLATION OF THE RELEVANT LAWS OF SUCH JURISDICTION.
06 November 2024
Hamak Gold Limited
("Hamak Gold" or the "Company")
Director's Dealings
Hamak Gold Limited (LSE: HAMA) announces that it has been notified on 5 November 2024 of the following share dealings:
Executive Director Karl Smithson, sold shares in the Company from a nominee account in his personal name and bought into a personal ISA shares in the Company, as follows:
| | | | | | | ||
| Date of transfer | Number of shares sold
| Price per share (p) | Number of shares bought |
| Total holding subsequent to transfer*
| ||
| 4-Nov-24 | 2,000,000 | 1.00 | 1,997,000 | | 6,079,889 | ||
| | | | | | |
As a result of the transfer, 2,996 ordinary shares were sold by the transferring nominee at 1 pence per share to cover the costs of the transfer.
Furthermore, Mrs Sara Smithson, spouse of Mr Smithson, sold shares in the Company from a nominee account in her personal name and bought into a personal ISA shares in the Company, as follows:
| | | | | | | ||
| Date of transfer | Number of shares sold
| Price per share (p) | Number of shares bought |
| Total holding subsequent to transfer*
| ||
| 4-Nov-24 | 566,554 | 1.00 | 563,567 | | 1,092,960 | ||
| | | | | | |
The total beneficial holding of Mr. Smithson, including those held by his spouse, after these share transactions is 7,172,849 shares, representing 8.85% of the issued share capital of the Company.
For the purposes of UK MAR, the person responsible for arranging release of this announcement on behalf of Hamak Gold is Karl Smithson, Executive Director.
For further information you are invited to view the company's website at www.hamakgold.com or please contact:
| Hamak Gold Limited Amara Kamara Karl Smithson |
+231 (0) 77 005 0005 +44 (0) 77 837 07971 |
| Peterhouse Capital Limited (Broker) Lucy Williams Guy Miller Yellow Jersey PR Annabelle Willis | +44 (0) 20 7469 0930
+44 (0) 20 3004 9512
|
About Hamak Gold Limited
Hamak Gold Limited (LSE: HAMA) is a UK listed company focussed on gold exploration of a portfolio of licences in highly prospective areas of Liberia, where significant drilling results have identified a new high-grade gold discovery with the discovery hole returning 20m @ 7g/t Au near surface.
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: | Nicholas Karl Smithson | ||||||||
| 2. | Reason for the notification | |||||||||
| a) | Position/status: | 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: | Hamak Gold Limited | ||||||||
| b) | LEI: | 213800KTOST6JI2R2865 | ||||||||
| 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 no par value each
| ||||||||
| b) | Nature of the transaction: | Transfer of Ordinary Shares to ISA Account | ||||||||
| c) | Price(s) and volume(s): | Sale of shares
| ||||||||
| d) | Aggregated information:
Price(s) and volumes: | Single transaction as in 4 c) above Purchase of shares
| ||||||||
| e) | Date of the transaction: | 4 November 2024 | ||||||||
| f) | Place of the transaction: | Main Market London Stock Exchange | ||||||||
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