Galileo Resources PLC Director's Dealings
April 23 2024 - 12:04PM
RNS Regulatory News
RNS Number : 7530L
Galileo Resources PLC
23 April 2024
23
April 2024
Galileo Resources Plc
("Galileo" or the
"Company")
Director
dealings
Galileo, the exploration and
development mining company, announces that it was informed on 22
April 2024 that on the same date, Colin Bird, Executive Chairman of
Galileo and Richard Wollenberg, Non-Executive Director acquired
850,000 Ordinary Shares of 0.1p in the Company ("Ordinary Shares")
at a price of 1.2p per share and 250,000 Ordinary Shares of 0.1p at
a price of 1.25p respectively. Following this transaction, Colin
Bird is interested in 79,455,862 Ordinary Shares representing 6.83%
of the issued share capital and Richard Wollenberg is interested in
13,825,511 Ordinary Shares representing 1.19% of the issued share
capital.
Following the acquisition of the
shares, Colin Bird's and Richard Wollenberg's interest in Galileo
is as follows:
Director
|
Purchase price of Shares
|
Shares purchased
|
Total Shareholding following the purchase of
Shares
|
%
Shareholding in the issued share capital
|
Colin Bird
|
1.2p
|
850,000
|
79,455,862
|
6.83%
|
Richard Wollenberg
|
1.25p
|
250,000
|
13,825,511
|
1.19%
|
A copy of this announcement is available on the
Company's website www.galileoresources.com.
You can also follow
Galileo on Twitter: @GalileoResource.
You can also follow Galileo on
Twitter: @GalileoResource
For further information, please
contact: Galileo Resources PLC
Colin Bird, Chairman
Edward Slowey, Executive
Director
|
Tel +44 (0) 20 7581 4477
Tel +353 (0) 601 4466
|
Beaumont Cornish Limited -
Nomad
Roland Cornish/James
Biddle
|
Tel +44 (0) 20 7628 3396
|
Novum Securities Limited - Joint
Broker
Colin Rowbury /Jon
Belliss
|
+44 (0) 20 7399 9400
|
Shard Capital Partners LLP -
Joint Broker
Damon Heath
|
Tel +44 (0) 20 7186 9952
|
The
following information relating to the transaction has been filed
with the FCA in accordance with Article 19(1) of the Market Abuse
Regulation,
1
|
Details of the person discharging managerial responsibilities / person closely associated
|
a)
|
Name
|
Colin Bird
|
2
|
Reason for notification
|
a)
|
Position / status
|
Chairman
|
b)
|
Initial notification
/Amendment
|
Initial
|
3
|
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
|
a)
|
Name
|
Galileo Resources plc
|
b)
|
LEI
|
213800KSRIVLX7BJSP45
|
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 0.1 pence each in Galileo Resources
plc
Issue of Ordinary Shares
ISIN GB00B115T142
|
|
Nature of the transaction
|
Issue of Ordinary Shares
|
c)
|
Price(s) and volumes(s)
|
Price(s)
|
Volumes(s)
|
1.2 pence
|
850,000
|
|
d)
|
Aggregated information
|
n/a
|
e)
|
Date of the transaction
|
22
April 2024
|
f)
|
Place of the transaction
|
On
market
|
1
|
Details of the person discharging managerial responsibilities / person closely associated
|
a)
|
Name
|
Richard Wollenberg
|
2
|
Reason for notification
|
a)
|
Position / status
|
Non-Executive Director
|
b)
|
Initial notification
/Amendment
|
Initial
|
3
|
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
|
a)
|
Name
|
Galileo Resources plc
|
b)
|
LEI
|
213800KSRIVLX7BJSP45
|
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 0.1 pence each in Galileo Resources
plc
Issue of Ordinary Shares
ISIN GB00B115T142
|
|
Nature of the transaction
|
Issue of Ordinary Shares
|
c)
|
Price(s) and volumes(s)
|
Price(s)
|
Volumes(s)
|
1.25 pence
|
250,000
|
|
d)
|
Aggregated information
|
n/a
|
e)
|
Date of the transaction
|
22
April 2024
|
f)
|
Place of the transaction
|
On
market
|
|
END
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