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On 24 January 2025, Mark Stephenson, Executive Chairman of Mila Resources Plc, purchased 10,000,000 ordinary shares on market at an average price of 0.195 pence per share for a gross consideration of £19,500. Following this transaction, Mr. Stephenson holds 17,216,761 ordinary shares, representing approximately 3.2 per cent of the Company's voting rights.
| Date | 24 Jan 2025 |
| Time | 14:30:00 |
| Category | Director/PDMR dealings |
| ID | 6672U |
Mila Resources Plc / Index: LSE / Epic: MILA / Sector: Natural Resources
24 January 2025
Mila Resources Plc
('Mila' or the 'Company')
Director Share Purchase & PDMR Notoification
Mila Resources Plc (LSE:MILA), the post-discovery gold exploration accelerator, announces that Mark Stephenson, Executive Chairman, purchased 10,000,000 ordinary shares of £0.01 ("Ordinary Shares") on market at an average price of 0.195 pence per Ordinary Share for gross consideration of £19,500.
Following this share purchase, Mark Stephenson holds 17,216,761 Ordinary Shares representing approximately 3.2 per cent of the Company's voting rights.
Further details of the share purchase are set out in the PDMR form below which has been made in accordance with the Market Abuse Regulation (EU) No. 596/2014 which is part of UK law by virtue of the European Union (Withdrawal) Act 2018.
PDMR Notifications
Notification of Transactions of Persons Discharging Managerial Responsibility 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 |
Mark Stephenson |
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2. |
Reason for the notification |
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a. |
Position/status |
Executive Chairman |
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b. |
Initial notification/Amendment |
Initial Notification |
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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 |
Mila Resources plc |
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b. |
LEI |
2138002NANE5WMOA7P09 |
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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 Identification code |
Ordinary Shares of £0.001 each
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b. |
Nature of the transaction |
On Market |
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c. |
Price(s) and volume(s) |
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d. |
Aggregated information ·Aggregated volume ·Price |
10,000,000 0.195p |
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e. |
Date of the transaction |
24 January 2025 |
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f. |
Place of the transaction |
London Stock Exchange |
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**ENDS**
For more information visit www.milaresources.com or contact:
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Mark Stephenson Mila Resources Plc
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Jonathan Evans Tavira Financial Limited
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+44 (0) 20 7100 5100 |
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Nick Emerson SI Capital
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+44 (0) 20 3143 0600 |
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Damon Heath Shard Capital Partners LLP
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+44 (0) 20 3971 7000 |
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Susie Geliher St Brides Partners Limited |
+44 (0) 20 7236 1177 |