Deferred Bonus Plan & Directors Share Dealings

News Release

 

30 January 2020

 

 

Anglo Pacific Group PLC

Grant of Awards under Deferred Bonus Plan and Directors Share Dealings

 

Anglo Pacific Group PLC ("Anglo Pacific", the "Company") (LSE: APF, TSX: APY) announces that on 24 January 2020 the following awards over ordinary shares of 2p each in the Company ("Shares") were granted under the Deferred Share Bonus Plan (the "Plan") to the following persons discharging managerial responsibilities:

 

Name	Position in Company	Number of Ordinary Shares under Award
Julian Treger	Chief Executive Officer and Director	33,976
Kevin Flynn	Chief Financial Officer and Director	16,835

 

As detailed in the Company's Remuneration Policy in the 2018 Annual Report, 20% of the bonus due to the Company's Executive Directors for the year ended 31 December 2019 has been satisfied through the grant of conditional awards under the Plan.

 

The Company also received notification of the following transactions by Mr. Graeme Dacomb, Non-Executive Director and Kevin Flynn, Chief Financial Officer and Executive Director of the Company.

 

On 27 January 2020, Mr. Dacomb acquired 10,000 Shares at a price of 174.00p per share.

 

On 29 January 2020, Mr. Flynn acquired 2,730 Shares at a price of 174.78p per share.

 

The transactions took place on the London Stock Exchange.

 

Following this notification, the total beneficial holding of Shares by Mr. Dacomb is 35,000 Shares and the total beneficial holding of Mr. Flynn and persons closely associated is 36,066 Shares, representing 0.01%, and 0.02% respectively of the issued ordinary share capital of the Company.

 

Director 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 and Executive Director 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	Grant of a conditional award under the Anglo Pacific Group PLC Deferred Share Bonus Plan
c.	Price(s) and volume(s)	Price(s)   Volume(s) Nil 33,976
d.	Aggregated information ·    Aggregated volume ·    Price	Not applicable - single transaction
e.	Date of the transaction	24 January 2020
f.	Place of the transaction	Outside a trading venue

 

1.	Details of the person discharging managerial responsibilities / person closely associated
a.	Name	Kevin Flynn
2.	Reason for the notification
a.	Position/status	Chief Financial Officer and Executive Director 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	Grant of a conditional award under the Anglo Pacific Group PLC Deferred Share Bonus Plan
c.	Price(s) and volume(s)	Price(s)   Volume(s) Nil 16,835
d.	Aggregated information ·    Aggregated volume ·    Price	Not applicable - single transaction
e.	Date of the transaction	24 January 2020
f.	Place of the transaction	Outside a trading venue

 

1.	Details of the person discharging managerial responsibilities / person closely associated
a.	Name	Graeme Dacomb
2.	Reason for the notification
a.	Position/status	Non-Executive Director 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) 174.00p 10,000
d.	Aggregated information ·    Aggregated volume ·    Price	10,000 174.00p
e.	Date of the transaction	27 January 2020
f.	Place of the transaction	London Stock Exchange, Main Market (XLON)

 

5.	Details of the person discharging managerial responsibilities / person closely associated
a.	Name	Kevin Flynn
6.	Reason for the notification
a.	Position/status	Chief Financial Officer and Executive Director of Anglo Pacific Group PLC
b.	Initial notification/Amendment	Initial Notification
7.	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
8.	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) 174.78p 2,730
d.	Aggregated information ·    Aggregated volume ·    Price	2,730 174.78p
e.	Date of the transaction	29 January 2020
f.	Place of the transaction	London Stock Exchange, Main Market (XLON)

 

For further information:

 

Anglo Pacific Group PLC Julian Treger - Chief Executive Officer Kevin Flynn - Chief Financial Officer and Company Secretary	+44 (0) 20 3435 7400
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
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.