The information contained within this announcement is deemed to constitute inside information as stipulated under the retained EU law version of the Market Abuse Regulation (EU) No. 596/2014 (the "UK MAR") which is part of UK law by virtue of the European Union (Withdrawal) Act 2018. The information is disclosed in accordance with the Company's obligations under Article 17 of the UK MAR. Upon the publication of this announcement, this inside information is now considered to be in the public domain.
Oriole Resources PLC
('Oriole Resources' or the 'Company')
Directors' Share Dealings
Oriole Resources PLC (AIM: ORR), the AIM-quoted exploration company focused on West and Central Africa, announces it has been informed of the following share dealings by Directors in the ordinary shares of 0.1 pence each in the Company ("Ordinary Shares").
| Name | Number of Ordinary Shares held prior to transaction | Number of Ordinary Shares Purchased | Resultant shareholding in the Company following the transaction | Percentage of the issued share capital of the Company following the transaction |
| Eileen Carr | 181,672,969 | 15,000,000 | 196,672,969 | 5.05 |
| Robert Smeeton | 40,733,874 | 3,773,584 | 44,507,458 | 1.14 |
| Claire Bay | 13,698,870 | 937,759 | 14,636,629 | 0.38 |
Following these purchases of shares, the Directors of the Company now hold a total 277,110,508 Ordinary Shares, representing 7.11% of the Company's total voting rights.
PDMR notifications
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
|
Eileen Carr | |||
| 2
| Reason for the notification
| ||||
| a)
| Position/status
| Chair | |||
| b)
| Initial notification /Amendment
| Initial notification | |||
| 3
| Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
| ||||
| a)
| Name
| Oriole Resources PLC | |||
| b)
| LEI
| 213800X32GJR5AGAR511 | |||
| 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 0.1 pence each in the capital of the Company
| |||
| | | ||||
| Identification code | Ordinary Share ISIN: GB00B0T29327 | ||||
| | | ||||
| b)
| Nature of the transaction
| Purchase of new shares. | |||
| c)
| Price(s) and volume(s) | | | | |
| | | Price(s) | Volume(s) | | |
| | | 0.2066 | 5,000,000 | | |
| | | 0.208 | 5,000,000 | | |
| | | 0.212 | 5,000,000 | | |
| | | | | | |
| d)
| Aggregated information | | |||
| | | ||||
| - Aggregated volume | 15,000,000 Ordinary Shares of 0.1 pence each | ||||
| | | ||||
| - Price | 0.21 pence per Ordinary Share | ||||
| | | ||||
| e)
| Date of the transaction
| 10th July 2025 | |||
| f)
| Place of the transaction
| London Stock Exchange, AIM Market (XLON) | |||
| 1
| Details of the person discharging managerial responsibilities / person closely associated
| ||||
| a)
| Name
|
Robert Smeeton | |||
| 2
| Reason for the notification
| ||||
| a)
| Position/status
| Chief Financial Officer | |||
| b)
| Initial notification /Amendment
| Initial notification | |||
| 3
| Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
| ||||
| a)
| Name
| Oriole Resources PLC | |||
| b)
| LEI
| 213800X32GJR5AGAR511 | |||
| 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 0.1 pence each in the capital of the Company
| |||
| | | ||||
| Identification code | Ordinary Share ISIN: GB00B0T29327 | ||||
| | | ||||
| b)
| Nature of the transaction
| Purchase of new shares. | |||
| c)
| Price(s) and volume(s) | | | | |
| | | Price(s) | Volume(s) | | |
| | | 0.212 | 1,886,792 | | |
| | | 0.212 | 1,886,792 | | |
| | | | | | |
| d)
| Aggregated information | | |||
| | | ||||
| - Aggregated volume | 3,773,584 Ordinary Shares of 0.1 pence each | ||||
| | | ||||
| - Price | 0.21 pence per Ordinary Share | ||||
| | | ||||
| e)
| Date of the transaction
| 10th July 2025 | |||
| f)
| Place of the transaction
| London Stock Exchange, AIM Market (XLON) | |||
| 1
| Details of the person discharging managerial responsibilities / person closely associated
| ||||
| a)
| Name
|
Claire Bay | |||
| 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
| Oriole Resources PLC | |||
| b)
| LEI
| 213800X32GJR5AGAR511 | |||
| 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 0.1 pence each in the capital of the Company
| |||
| | | ||||
| Identification code | Ordinary Share ISIN: GB00B0T29327 | ||||
| | | ||||
| b)
| Nature of the transaction
| Purchase of new shares. | |||
| c)
| Price(s) and volume(s) | | | | |
| | | Price(s) | Volume(s) | | |
| | | 0.212 | 937,759 | | |
| | | | | | |
| d)
| Aggregated information | | |||
| | | ||||
| - Aggregated volume | N/A | ||||
| | | ||||
| - Price | | ||||
| | | ||||
| e)
| Date of the transaction
| 10th July 2025 | |||
| f)
| Place of the transaction
| London Stock Exchange, AIM Market (XLON) | |||
Enquiries:
| Oriole Resources Plc | Tel: +44 (0)23 8065 1649 |
| Martin Rosser / Bob Smeeton / Claire Bay | |
|
| |
| Strand Hanson Limited (Nomad & Broker) | Tel: +44 (0)20 7409 3494 |
| Christopher Raggett / James Spinney / Edward Foulkes
| |
| IFC Advisory Ltd (Financial IR & PR) | Tel: +44 (0)20 3934 6630 |
| Tim Metcalfe / Graham Herring / Florence Staton |
Notes to Editors
Oriole Resources PLC is an AIM-quoted gold exploration company, with projects in West and Central Africa. It is focused on early-stage exploration in Cameroon, where the Company has reported a Resource of 460,000oz contained gold at 2.06g/t Au in the JORC Indicated and Inferred categories at its 90% owned Bibemi project and has identified multi-kilometre gold and lithium anomalies within the district scale Central Licence Package, including the Mbe project. At Mbe, the Company has published a maiden Exploration target range of 17 to 24 million tonnes at a grade of 0.69 to 0.84g/t Au for 380,000oz to 650,000oz contained gold for the MB01 prospect, and a maiden Resource for the MB01-S target is scheduled for Q4-2025. BCM International is currently earning up to a 50% interest in the Bibemi and Mbe projects in return for a combined investment of US$1.5 million in signature payments, up to US$8 million in exploration expenditure, as well as JORC resource-based success payments.
At the Senala gold project in Senegal, AGEM Senegal Exploration Suarl ('AGEM'), a wholly owned subsidiary of Managem Group, has completed a six-year earn-in to acquire an approximate 59% beneficial interest in the Senala Exploration Licence by spending US$5.8 million. The Company has reported a Resource of 155,000oz contained gold at 1.26g/t Au in the JORC Inferred category for the Faré South prospect, and an additional, complimentary Exploration target range of 17 to 24 million tonnes at a grade of 0.69 to 0.84g/t Au for 380,000oz to 650,000oz contained gold for all prospects at Senala. Discussions on the formation of a joint venture company are currently underway. The Company also has several interests and royalties in companies operating in East Africa and Turkey that could give future cash payments.
For further information please visit www.orioleresources.com, @OrioleResources on X
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