TIDMEEE
RNS Number : 1077K
Empire Metals Limited
31 August 2021
Empire Metals Limited / AIM: EEE / Sector: Natural Resources
31 August 2021
Empire Metals Limited ('Empire' or the 'Company')
Director Dealings
Empire Metals Limited announces that it was notified today that
on 27 August 2021, Mr Gregory Kuenzel, Finance Director of the
Company, purchased 1,000,000 ordinary shares of no par value in the
share capital of the Company ('Ordinary Shares'), at an average
price of 1.669 pence, Mr Michael Struthers, Non-Executive Director
of the Company, purchased 600,000 Ordinary Shares, at a price of
1.65 pence and Mr Peter Damouni, Non-Executive Director of the
Company, purchased 302,114 Ordinary Shares at a price of 1.655
pence.
Following this purchase, Mr Gregory Kuenzel's total beneficial
ownership in the Company is 1,597,467 Ordinary Shares representing
0.47% of the Company's issued share capital, Mr Michael Struthers'
total beneficial ownership in the Company is 950,000 Ordinary
Shares representing 0.28% of the Company's issued share capital, Mr
Peter Damouni's total beneficial ownership in the Company is
1,209,614 Ordinary Shares representing 0.36% of the Company's
issued share capital.
Market Abuse Regulation (MAR) Disclosure
The notification below, made in accordance with the requirements
of the EU Market Abuse Regulation, provides further detail on the
dealings by a director.
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: Gregory Kuenzel
----------------------------------------- --------------------------------------------
2. Reason for the notification
---------------------------------------------------------------------------------------
a) Position/status: Finance Director
----------------------------------------- --------------------------------------------
b) Initial notification/Amendment: Initial notification
----------------------------------------- --------------------------------------------
3. Details of the issuer, emission allowance market participant,
auction platform, auctioneer or auction monitor
---------------------------------------------------------------------------------------
a) Name: Empire Metals Limited
----------------------------------------- --------------------------------------------
b) LEI: 2138002IOR7OCZZPB279
----------------------------------------- --------------------------------------------
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
Identification code: par value
VGG9688A1003
----------------------------------------- --------------------------------------------
b) Nature of the transaction: Purchase of Ordinary
Shares
----------------------------------------- --------------------------------------------
c) Price(s) and volume(s): Price(s) Volume(s)
1. 1.6499 pence 500,000
2. 1.688 pence 500,000
------------- ----------
----------------------------------------- --------------------------------------------
d) Aggregated information: Single transactions
Aggregated volume: as in 4 c) above Price(s) Volume(s)
Price: 1.6499 pence 500,000
Aggregated volume: ----------
Price:
Price(s) Volume(s)
1.688 pence 500,000
----------
----------------------------------------- --------------------------------------------
e) Date of the transaction: 2021-08-27
1. 14:13:43 hrs UTC
2. 14:45:43 hrs UTC
----------------------------------------- --------------------------------------------
f) Place of the transaction: AIM, London Stock Exchange
----------------------------------------- --------------------------------------------
1. Details of the person discharging managerial responsibilities/person
closely associated
a) Name: Michael Struthers
----------------------------------------- ------------------------------------------
2. Reason for the notification
-------------------------------------------------------------------------------------
a) Position/status: Non-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: Empire Metals Limited
----------------------------------------- ------------------------------------------
b) LEI: 2138002IOR7OCZZPB279
----------------------------------------- ------------------------------------------
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
Identification code: par value
VGG9688A1003
----------------------------------------- ------------------------------------------
b) Nature of the transaction: Purchase of Ordinary
Shares
----------------------------------------- ------------------------------------------
c) Price(s) and volume(s): Price(s) Volume(s)
1.65 pence 600,000
----------------------------------------- ------------------------------------------
d) Aggregated information: Single transactions
Aggregated volume: as in 4 c) above Price(s) Volume(s)
Price: 1.65 pence 600,000
----------
----------------------------------------- ------------------------------------------
e) Date of the transaction: 2021-08-27
14:13:00 hrs UTC
----------------------------------------- ------------------------------------------
f) Place of the transaction: AIM, London Stock Exchange
----------------------------------------- ------------------------------------------
1. Details of the person discharging managerial responsibilities/person
closely associated
a) Name: Peter Damouni
----------------------------------------- -------------------------------------------
2. Reason for the notification
--------------------------------------------------------------------------------------
a) Position/status: Non-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: Empire Metals Limited
----------------------------------------- -------------------------------------------
b) LEI: 2138002IOR7OCZZPB279
----------------------------------------- -------------------------------------------
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
Identification code: par value
VGG9688A1003
----------------------------------------- -------------------------------------------
b) Nature of the transaction: Purchase of Ordinary
Shares
----------------------------------------- -------------------------------------------
c) Price(s) and volume(s): Price(s) Volume(s)
1.655 pence 302,114
----------------------------------------- -------------------------------------------
d) Aggregated information: Single transactions
Aggregated volume: as in 4 c) above Price(s) Volume(s)
Price: 1.655 pence 302,114
----------
----------------------------------------- -------------------------------------------
e) Date of the transaction: 2021-08-27
14:35:00 hrs UTC
----------------------------------------- -------------------------------------------
f) Place of the transaction: AIM, London Stock Exchange
----------------------------------------- -------------------------------------------
Market Abuse Regulation (MAR) Disclosure
Certain information contained in this announcement would have
been deemed inside information for the purposes of Article 7 of
Regulation (EU) No 596/2014, as incorporated into UK law by the
European Union (Withdrawal) Act 2018, until the release of this
announcement.
**ENDS**
For further information please visit www.empiremetals.co.uk or
contact:
Shaun Bunn Empire Metals Ltd Company Tel: 020 7907
9327
Mike Struthers Empire Metals Ltd Company Tel: 020 7907
9327
Ewan Leggat S. P. Angel Corporate Nomad & Broker Tel: 020 3470
Finance LLP 0470
Adam Cowl S. P. Angel Corporate Nomad & Broker Tel: 020 3470
Finance LLP 0470
Damon Heath Shard Capital Partners Joint Broker Tel: 020 7186
LLP 9950
Susie Geliher St Brides Partners Ltd PR Tel: 020 7236
1177
Selina Lovell St Brides Partners Ltd PR Tel: 020 7236
1177
About Empire Metals Limited
Empire Metals is an AIM-listed (LON: EEE) exploration and
resource development company with a project portfolio comprising
gold interests in Australia and Austria.
The Company strategy is to develop a pipeline of projects at
different stages in the development curve. Its current focus is on
the high-grade Eclipse Gold Project and the Central Menzies Gold
Project in Western Australia, with the goal to expand through the
addition of further projects in the region to develop a viable and
compelling portfolio of precious metals assets.
Empire also holds a portfolio of three precious metals projects
located an historically high-grade gold production region
comprising the Rotgulden, Schonberg and Walchen prospects in
central-southern Austria.
The Board continues to evaluate opportunities through which to
realise the value of its wider portfolio and reviews further assets
which meet the Company's investment criteria.
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END
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