RNS Number : 5686Q
Oriole Resources PLC
10 July 2025
 

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

oriole@investor-focus.co.uk 

 

 

Notes to Editors

 

 

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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