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Ironveld PLC announced that on 3 April 2023, Chief Executive Officer Martin Eales sold 5,131,153 ordinary shares at 0.39 pence each and subsequently repurchased 5,125,257 ordinary shares at the same price, to facilitate an ISA transfer. Following these transactions, Martin Eales holds a beneficial interest in 39,168,722 ordinary shares, representing 1.10 per cent. of the Company's voting rights.
| Date | 4 Apr 2023 |
| Time | 12:20:06 |
| Category | Director/PDMR dealings |
| ID | 3514V |
4 April 2023
IRONVELD PLC
("Ironveld" or the "Company")
Director Dealings
Ironveld announces that on 3 April 2023, Martin Eales, Chief Executive Officer of the Company, sold 5,131,153 ordinary shares of 0.1 pence each in the Company ("Ordinary Shares") at a price of 0.39 pence per Ordinary Share and then repurchased, into his ISA, 5,125,257 Ordinary Shares in the Company at a price of 0.39 pence per Ordinary Share to facilitate an ISA transfer. There was a minor change to his overall beneficial interest, reflective of share dealing costs.
Following the ISA transfer, Martin Eales has a beneficial interest in 39,168,722 Ordinary Shares, representing 1.10 per cent. of the Company's voting rights.
Notification and public disclosure of transactions by persons discharging managerial responsibilities and persons closely associated with them.
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1. |
Details of the person discharging managerial responsibilities / person closely associated |
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a) |
Name |
Martin Eales |
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2. |
Reason for the Notification |
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a) |
Position/status |
Chief Executive Officer |
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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 |
Ironveld Plc |
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b) |
LEI |
2138004LU52LQBNXG604 |
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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; (iii) each date; and (iv) each place where transactions have been conducted |
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a) |
Description of the Financial instrument, type of instrument |
Ordinary Shares of 0.1 pence |
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Identification code |
GB0030426455 |
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b) |
Nature of the transaction |
Disposal and Purchase of Ordinary Shares of 0.1 pence
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c) |
Price(s) and volume(s) |
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d) |
Aggregated information: ·Aggregated volume ·Price |
See above |
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e) |
Date of the transaction |
3 April 2023 |
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f) |
Place of the transaction |
London Stock Exchange, (XLON) |
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For further information, please contact:
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Ironveld plc Giles Clarke, Chairman Martin Eales, Chief Executive Officer
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c/o BlytheRay +44 20 7138 3204
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finnCap (Nomad and Joint Broker) Christopher Raggett / Charlie Beeson
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+44 20 7220 0500 |
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Turner Pope (Joint Broker) Andrew Thacker/James Pope
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+44 20 3657 0050 |
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BlytheRay Tim Blythe / Megan Ray |
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+44 20 7138 3204 |