Mon, 16 Dec 2019

LONDON / ACCESSWIRE / December 2, 2019 / Anglo Pacific Group PLC ('Anglo Pacific', the 'Company') (LSE:APF)(TSX:APY) announces that it received notification of the following transactions by Mr. Julian Treger, Chief Executive Officer of the Company and a person closely associated with Mr. Treger.

On 28 November 2019, Mr. Treger acquired 30,000 ordinary shares of 2 pence each in the Company ('Shares') at an approximate price of 183.60p per share.

Between 27 and 29 November 2019, Kings Chapel International Limited ('KCIL'), a person closely associated with Mr. Treger, sold 243,158 Shares at an average approximate price of 183.51p per share. This transaction was to rebalance the composition of the investments held by KCIL.

Mr. Treger and a person closely associated with him have made a significant investment in Shares of the Company since Mr. Treger became Chief Executive Officer in October 2013. In total, prior to this announcement, Mr. Treger and persons closely associated with him had invested approximately £6.0m acquiring Shares in the Company. These Shares had all been acquired on the London Stock Exchange at market price and not under any option package.

Following this notification, the total beneficial holding of Shares by Mr. Treger and persons closely associated with him is 5,478,296 Shares, representing 3.018% of the issued ordinary share capital of the Company.

All transactions took place on the London Stock Exchange.

Directors' Share Dealings - Further information

The notifications below, made in accordance with the requirements of the EU Market Abuse Regulations, provides further detail in respect of the transactions as described at the beginning of this announcement.

1.

Details of the person discharging managerial responsibilities / person closely associated

a.

Name

Julian Treger

2.

Reason for the notification

a.

Position/status

Chief Executive Officer of Anglo Pacific Group PLC

b.

Initial notification/Amendment

Initial Notification

3.

Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor

a.

Name

Anglo Pacific Group PLC

b.

Legal Entity Identifier code

213800LXSV317746JZ71

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

2p Ordinary Shares

GB0006449366

b.

Nature of the transaction

Acquisition of Shares

c.

Price(s) and volume(s)

Price(s)

Volume(s)

183.599p

30,000

d.

Aggregated information

· Aggregated volume

· Price

30,000

183.599p

e.

Date of the transaction

28 November 2019

f.

Place of the transaction

London Stock Exchange, Main Market (XLON)

1.

Details of the person discharging managerial responsibilities / person closely associated

a.

Name

Kings Chapel International Limited

2.

Reason for the notification

a.

Position/status

Person closely associated with Mr. Julian Treger, Chief Executive Officer of Anglo Pacific Group PLC

b.

Initial notification/Amendment

Initial Notification

3.

Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor

a.

Name

Anglo Pacific Group PLC

b.

LEI

213800LXSV317746JZ71

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

2p Ordinary Shares

GB0006449366

b.

Nature of the transaction

Sale of Shares

c.

Price(s) and volume(s)

Price(s)

Volume(s)

185.00p

184.00p

182.542p

180.00p

100,000

50,000

60,158

33,000

d.

Aggregated information

· Aggregated volume

· Price

243,158

183.51p

e.

Date of the transaction

27, 28 and 29 November 2019

f.

Place of the transaction

London Stock Exchange, Main Market (XLON)

For further information:

Anglo Pacific Group PLC

+44 (0) 20 3435 7400

Julian Treger - Chief Executive Officer

Kevin Flynn - Chief Financial Officer and Company Secretary

Website:

www.anglopacificgroup.com

Berenberg

+44 (0) 20 3207 7800

Matthew Armitt / Jennifer Wyllie / Detlir Elezi

Peel Hunt LLP

+44 (0) 20 7418 8900

Ross Allister / James Bavister / David McKeown

RBC Capital Markets

+44 (0) 20 7653 4000

Farid Dadashev / Marcus Jackson / Jamil Miah

Capital Market Communications Limited (Camarco)

+44 (0)20 3757 4997

Gordon Poole / Owen Roberts / James Crothers

Notes to Editors

About the Company

Anglo Pacific Group PLC is a global natural resources royalty and streaming company. The Company's strategy is to develop a leading international diversified royalty and streaming company with a portfolio centred on base metals and bulk materials, focusing on accelerating income growth through acquiring royalties on projects that are currently cash flow generating or are expected to be within the next 24 months, as well as investment in earlier stage royalties. It is a continuing policy of the Company to pay a substantial portion of these royalties to shareholders as dividends.


This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.

SOURCE: Anglo Pacific Group PLC



View source version on accesswire.com:
https://www.accesswire.com/568633/Anglo-Pacific-Group-PLC-Announces-Director-and-PCA-Share-Dealings-in-Company

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