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Galileo Resources Plc announced on 23 April 2024 that Executive Chairman Colin Bird and Non-Executive Director Richard Wollenberg acquired Ordinary Shares on 22 April 2024. Colin Bird purchased 850,000 shares at 1.2p each, increasing his total interest to 79,455,862 Ordinary Shares (6.83%), while Richard Wollenberg acquired 250,000 shares at 1.25p each, resulting in a total interest of 13,825,511 Ordinary Shares (1.19%).
| Date | 23 Apr 2024 |
| Time | 17:04:10 |
| Category | Director/PDMR dealings |
| ID | 7530L |
23 April 2024
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,
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1 |
Details of the person discharging managerial responsibilities / person closely associated |
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a) |
Name |
Colin Bird |
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2 |
Reason for notification |
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a) |
Position / status |
Chairman |
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b) |
Initial notification /Amendment |
Initial |
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3 |
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor |
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a) |
Name |
Galileo Resources plc
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b) |
LEI |
213800KSRIVLX7BJSP45 |
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4 |
Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; |
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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
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Nature of the transaction |
Issue of Ordinary Shares
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c) |
Price(s) and volumes(s) |
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d) |
Aggregated information |
n/a |
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e) |
Date of the transaction |
22 April 2024 |
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f) |
Place of the transaction |
On market |
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END