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Sunrise Resources plc announced that Executive Chairman, Patrick Cheetham, purchased a total of 23,000,000 Ordinary Shares of 0.001 pence each on market. These purchases occurred on 5 March and 6 March 2024 through his SIPP, at a weighted average price of 0.0427 pence per share. Following these transactions, Mr. Cheetham's beneficial interest totals 281,832,572 Ordinary Shares, representing 6.59% of the Company's issued share capital.
| Date | 7 Mar 2024 |
| Time | 11:20:55 |
| Category | Director/PDMR dealings |
| ID | 0178G |
SUNRISE RESOURCES PLC
("Sunrise" or "the Company")
DIRECTOR DEALING
Sunrise Resources plc announces that on 5 March 2024 and 6 March 2024 Executive Chairman, Patrick Cheetham, purchased at total of 23,000,000 Ordinary Shares of 0.001 pence each in the Company ("Ordinary Shares") on market, at a weighted average price of 0.0427 pence per share. These shares were purchased through his Self-Invested Personal Pension (SIPP).
Following this transaction, Patrick Cheetham is now beneficially interested in 281,832,572 Ordinary Shares (including 5,500,000 Ordinary Shares held by his wife, Karen Cheetham) representing 6.59% of the Company's issued share capital.
Further information:
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Sunrise Resources plc Patrick Cheetham, Executive Chairman |
Tel: +44 (0)1625 838 884 |
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Beaumont Cornish Limited Nominated Adviser James Biddle/Roland Cornish |
Tel: +44 (0)207 628 3396 |
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Peterhouse Capital Limited Broker Lucy Williams/Duncan Vasey
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Tel: +44 (0)207 469 0930 |
Market Abuse Regulation (MAR) Disclosure
The information contained within this announcement is deemed by the Company to constitute inside information as stipulated under the Market Abuse Regulations (EU) No. 596/2014 which forms part of UK domestic law by virtue of the European Union (Withdrawal) Act 2018 ('MAR'). Upon the publication of this announcement via Regulatory Information Service ('RIS'), this inside information is now considered to be in the public domain.
Shares in the Company trade on AIM. EPIC: "SRES".
Website: www.sunriseresourcesplc.com
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 I person closely associated |
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a) |
Name |
Patrick Cheetham |
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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 |
Sunrise Resources plc |
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b) |
LEI |
213800MGDOE974QHPZ44 |
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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
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Ordinary Shares of 0.001pence each |
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Identification code |
GB00B075Z681 |
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b) |
Nature of the transaction |
On market purchase |
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c) |
Price(s) and volume(s) |
Price(s) |
Volume(s) |
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0.0368 pence 0.0437 pence 0.0435 pence
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3,000,000 10,000,000 10,000,000 |
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d) |
Aggregated information - Aggregated volume - Price
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23,000,000 0.0427 pence (weighted average) |
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e) |
Date of the transaction |
05/03/2024 and 06/03/2024
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f) |
Place of the transaction |
London Stock Exchange (AIM) |
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