Home » Posts tagged 'adrian fairbourn'
Tag Archives: adrian fairbourn
Cadence Minerals #KDNC – Issue of Share Options Exercisable at 29p
Cadence Minerals (AIM/NEX: KDNC; OTC: KDNCY) announces the award of 7,200,000 share options. Each Share Option is exercisable over one ordinary share in the capital of the Company. The Share Options are exercisable at a price of 29 pence per share being a 22% premium to the closing price of the Ordinary Shares on 29 April 2021 of 23.75 pence. These options will vest immediately and will expire on 30 April 2026.
The total options granted over Ordinary Shares to Persons Discharging Managerial Responsibilities within the Company (each being a “PDMR”) are detailed below:
|
Director, PDMR |
Position |
Options |
|
Andrew Suckling |
Non-Executive Chairman |
1,800,000 |
|
Kiran Morzaria |
Chief Executive Officer |
1,800,000 |
|
Donald Strang |
Finance Director |
1,800,000 |
|
Adrian Fairbourn |
Non-Executive Director |
1,800,000 |
The Share Options represent in aggregate 4.8% of the existing issued share capital. There are currently no other options outstanding.
The Directors of the Company accept responsibility for the contents of this announcement.
– Ends –
This announcement contains inside information for the purposes of Article 7 of EU Regulation 596/2014.
|
For further information:
|
|
|
Cadence Minerals plc |
+44 (0) 7879 584153 |
|
Andrew Suckling |
|
|
Kiran Morzaria |
|
|
WH Ireland Limited (NOMAD & Broker) |
+44 (0) 207 220 1666 |
|
James Joyce |
|
|
James Sinclair-Ford |
|
|
Novum Securities Limited (Joint Broker) |
+44 (0) 207 399 9400 |
|
Jon Belliss |
|
Cadence Minerals #KDNC – Director Share Purchases
Cadence (AIM:KDNC), the mining investment company, announces that on the 5 November the following directors purchased ordinary shares in the Company.
|
Director |
Position |
Number of ordinary shares acquired |
Price paid per share (£) |
|
Adrian Fairbourn |
Non-Executive Director |
185,000 |
0.13 |
After these acquisitions, the total notifiable share interest in the Company for the directors is as follows
|
Director |
Position |
Total holding of ordinary shares |
|
Kiran Morzaria |
Director & CEO |
1,112,000 |
|
Donald Strang |
Finance Director |
797,545 |
|
Andrew Suckling |
Non-Executive Director |
64,096 |
|
Adrian Fairbourn |
Non-Executive Director |
571,005 |
– Ends –
|
For further information:
|
|
|
Cadence Minerals plc |
+44 (0) 7879 584153 |
|
Andrew Suckling |
|
|
Kiran Morzaria |
|
|
WH Ireland Limited (NOMAD & Broker) |
+44 (0) 207 220 1666 |
|
James Joyce |
|
|
James Sinclair-Ford |
|
|
Novum Securities Limited (Joint Broker) |
+44 (0) 207 399 9400 |
|
Jon Belliss |
|
NOTIFICATION AND PUBLIC DISCLOSURE OF TRANSACTIONS BY PERSONS DISCHARGING MANAGERIAL RESPONSIBILITIES AND PERSONS CLOSELY ASSOCIATED WITH THEM
|
1 |
Details of the person discharging managerial responsibilities/person closely associated |
|||||||
|
a) |
Name |
Adrian Fairbourn |
||||||
|
2 |
Reason for the notification |
|||||||
|
a) |
Position/status |
Non-Executive Director |
||||||
|
b) |
Initial notification/ Amendment |
Initial notification |
||||||
|
3 |
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor |
|||||||
|
a) |
Name |
Cadence Minerals PLC |
||||||
|
b) |
LEI |
213800TUZWG9C2GRNO58 |
||||||
|
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 |
Ordinary Share
GB00B067JC96 |
||||||
|
b) |
Nature of the transaction |
Share Purchase |
||||||
|
c) |
Price(s) and volume(s) |
|
||||||
|
d) |
Aggregated information – Aggregated volume – Price |
185,000 0.13 |
||||||
|
e) |
Date of the transaction |
05/11/2020 |
||||||
|
f) |
Place of the transaction |
XLON, AIM |
||||||
Cadence Minerals #KDNC – Director Share Purchases
Cadence (AIM:KDNC), the mining investment company, announces that on the 3 November the following directors purchased ordinary shares in the Company.
| Director | Position | Number of ordinary shares acquired | Price paid per share (£) |
| Kiran Morzaria | Director & CEO | 247,688 | 0.12 |
| Donald Strang | Finance Director | 212,000 | 0.12 |
| Adrian Fairbourn | Non-Executive Director | 50,000 | 0.12 |
In addition to the Adrian Fairbourn has exercised option over 200,000 new ordinary shares (“Ordinary Shares”) at exercise price of £0.06 per share. Application has been made to the on the AIM market (“AIM”) of London Stock Exchange plc (“LSE”) and to the AQSE Growth Market (“AQSE”) operated by Aquis Exchange Plc for the Ordinary Shares (“Admission”). Admission is expected to occur on or around 12 November 2020.
Following Admission, the Company will have 144,719,053 Ordinary Shares in issue. There are no shares held in treasury. The total voting rights in the Company is therefore 144,719,053 and Shareholders may use this figure as the denominator by which they are required to notify their interest in, or change to their interest in, the Company under the Disclosure Guidance and Transparency Rules.
After these acquisitions, the total notifiable share interest in the Company for the directors is as follows
| Director | Position | Total holding of ordinary shares |
| Kiran Morzaria | Director & CEO | 1,112,000 |
| Donald Strang | Finance Director | 797,545 |
| Andrew Suckling | Non-Executive Director | 64,096 |
| Adrian Fairbourn | Non-Executive Director | 386,005 |
– Ends –
| For further information: | |
| Cadence Minerals plc | +44 (0) 7879 584153 |
| Andrew Suckling | |
| Kiran Morzaria | |
| WH Ireland Limited (NOMAD & Broker) | +44 (0) 207 220 1666 |
| James Joyce | |
| James Sinclair-Ford | |
| Novum Securities Limited (Joint Broker) | +44 (0) 207 399 9400 |
| Jon Belliss | |
NOTIFICATION AND PUBLIC DISCLOSURE OF TRANSACTIONS BY PERSONS DISCHARGING MANAGERIAL RESPONSIBILITIES AND PERSONS CLOSELY ASSOCIATED WITH THEM
| 1 | Details of the person discharging managerial responsibilities/person closely associated | |||
| a) | Name | Kiran Morzaria | ||
| 2 | Reason for the notification | |||
| a) | Position/status | Director & CEO | ||
| b) | Initial notification/ Amendment | Initial notification | ||
| 3 | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | |||
| a) | Name | Cadence Minerals PLC | ||
| b) | LEI | 213800TUZWG9C2GRNO58 | ||
| 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 | Ordinary Share GB00B067JC96 | ||
| b) | Nature of the transaction | Share Purchase | ||
| c) | Price(s) and volume(s) | Price(s)Volume(s)0.12247,688 | ||
| d) | Aggregated information- Aggregated volume- Price | 247,6880.12 | ||
| e) | Date of the transaction | 03/11/2020 | ||
| f) | Place of the transaction | XLON, AIM | ||
| 1 | Details of the person discharging managerial responsibilities/person closely associated | |||
| a) | Name | Donald Strang | ||
| 2 | Reason for the notification | |||
| a) | Position/status | Finance Director | ||
| b) | Initial notification/ Amendment | Initial notification | ||
| 3 | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | |||
| a) | Name | Cadence Minerals PLC | ||
| b) | LEI | 213800TUZWG9C2GRNO58 | ||
| 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 | Ordinary Share GB00B067JC96 | ||
| b) | Nature of the transaction | Share Purchase | ||
| c) | Price(s) and volume(s) | Price(s)Volume(s)0.12212,000 | ||
| d) | Aggregated information- Aggregated volume- Price | 212,0000.12 | ||
| e) | Date of the transaction | 03/11/2020 | ||
| f) | Place of the transaction | XLON, AIM | ||
| 1 | Details of the person discharging managerial responsibilities/person closely associated | |||
| a) | Name | Adrian Fairbourn | ||
| 2 | Reason for the notification | |||
| a) | Position/status | Non-Executive Director | ||
| b) | Initial notification/ Amendment | Initial notification | ||
| 3 | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | |||
| a) | Name | Cadence Minerals PLC | ||
| b) | LEI | 213800TUZWG9C2GRNO58 | ||
| 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 | Ordinary Share GB00B067JC96 | ||
| b) | Nature of the transaction | Share Purchase | ||
| c) | Price(s) and volume(s) | Price(s)Volume(s)0.1250,000 | ||
| d) | Aggregated information- Aggregated volume- Price | 50,0000.12 | ||
| e) | Date of the transaction | 03/11/2020 | ||
| f) | Place of the transaction | XLON, AIM | ||
| 1 | Details of the person discharging managerial responsibilities/person closely associated | |||
| a) | Name | Adrian Fairbourn | ||
| 2 | Reason for the notification | |||
| a) | Position/status | Non-Executive Director | ||
| b) | Initial notification/ Amendment | Initial notification | ||
| 3 | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | |||
| a) | Name | Cadence Minerals PLC | ||
| b) | LEI | 213800TUZWG9C2GRNO58 | ||
| 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 | Ordinary Share GB00B067JC96 | ||
| b) | Nature of the transaction | Exercise of Options | ||
| c) | Price(s) and volume(s) | Price(s)Volume(s)0.06200,000 | ||
| d) | Aggregated information- Aggregated volume- Price | 200,0000.06 | ||
| e) | Date of the transaction | 03/11/2020 | ||
| f) | Place of the transaction | XLON, AIM | ||
Cadence Minerals Plc #KDNC – Director Share Purchases
|
As announced in December 2017 the Directors all entered into a Defined Director Purchase Programme (“DDPP”) in which they will each purchase £1,000 of ordinary shares per month for 12 months. These shares will be purchased from the market on the first Friday of each month starting on 2nd February 2018 and ending the 4th January 2019. The market will be notified of the purchases on the next trading day via a PDMR; Directors dealing notification. The Directors have entered into a DDPP in an open period and under this programme are therefore committed to the purchase of shares in what otherwise may be a close period. Entering into the DDPP does not preclude the directors from buying additional shares in the Company during open periods. Details of the Director purchases are contained in the table below:
After these acquisitions, the total notifiable share interest in the Company for the directors is as follows
For further information:
NOTIFICATION AND PUBLIC DISCLOSURE OF TRANSACTIONS BY PERSONS DISCHARGING MANAGERIAL RESPONSIBILITIES AND PERSONS CLOSELY ASSOCIATED WITH THEM
About Cadence Minerals: Cadence is dedicated to smart investments for a greener world. The planet needs rechargeable batteries on a global scale – upcoming supersized passenger vehicles, lorries and buses – require lithium and other technology minerals to power their cells. Cadence is helping find these minerals in new places and extracting them in new ways, which will meet the demand of this burgeoning market. Cadence invests across the globe, principally in lithium mining projects. Its primary strategy is taking significant economic stakes in upstream exploration and development assets within strategic metals. We identify assets that have strategic cost advantages that are not replicable, with the aim of achieving lower quartile production costs. The combination of this approach and seeking value opportunities allows us to identify projects capable of achieving high rates of return. The Cadence board has a blend of mining, commodity investing, fund management and deal structuring knowledge and experience, that is supported by access to key marketing, political and industry contacts. These resources are leveraged not only in our investment decisions but also in continuing support of our investments, whether it be increasing market awareness of an asset, or advising on product mix or path to production. Cadence Mineral’s goal is to assist management to rapidly develop the project up the value curve and deliver excellent returns on its investments. |
|||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Cadence Minerals #KDNC – Director Share Purchases
Further to the announcement by the Company on the 3 August, Andrew Suckling and Adrian Fairbourn have recently purchased ordinary shares in the Company in the following amounts.
|
Director |
Position |
Number of ordinary shares acquired |
Price paid per share (pence) |
|
Andrew Suckling |
Executive Chairman |
500,000 |
0.20 |
|
Adrian Fairbourn |
Non-Executive Directors |
504,614 |
0.20 |
After these acquisitions, the total notifiable share interest in the Company for the directors is as follows
|
Director |
Position |
Total Notifiable Interests (shares) |
|
Andrew Suckling |
Executive Chairman |
3,090,000 |
|
Kiran Morzaria |
Director & CEO |
11,527,585 |
|
Donald Strang |
Finance Director |
9,147,011 |
|
Adrian Fairbourn |
Non-Executive Director |
9,632,911 |
|
Total |
33,397,507 |
For further information:
|
NOTIFICATION AND PUBLIC DISCLOSURE OF TRANSACTIONS BY PERSONS DISCHARGING MANAGERIAL RESPONSIBILITIES AND PERSONS CLOSELY ASSOCIATED WITH THEM
|
1 |
Details of the person discharging managerial responsibilities/person closely associated |
|||||
|
a) |
Name |
Andrew Suckling |
||||
|
2 |
Reason for the notification |
|||||
|
a) |
Position/status |
Executive Chairman |
||||
|
b) |
Initial notification/ Amendment |
Initial notification |
||||
|
3 |
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor |
|||||
|
a) |
Name |
Cadence Minerals PLC |
||||
|
b) |
LEI |
213800TUZWG9C2GRNO58 |
||||
|
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 |
Ordinary Share
GB00B067JC96 |
||||
|
b) |
Nature of the transaction |
Defined Directors Share Purchase Programme |
||||
|
c) |
Price(s) and volume(s) |
|
||||
|
d) |
Aggregated information – Aggregated volume – Price |
500,000 0.0020 |
||||
|
e) |
Date of the transaction |
09/08/2018 |
||||
|
f) |
Place of the transaction |
XLON, AIM |
||||
|
1 |
Details of the person discharging managerial responsibilities/person closely associated |
|||||
|
a) |
Name |
Adrian Fairbourn |
||||
|
2 |
Reason for the notification |
|||||
|
a) |
Position/status |
Non-Executive Director |
||||
|
b) |
Initial notification/ Amendment |
Initial notification |
||||
|
3 |
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor |
|||||
|
a) |
Name |
Cadence Minerals PLC |
||||
|
b) |
LEI |
213800TUZWG9C2GRNO58 |
||||
|
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 |
Ordinary Share
GB00B067JC96 |
||||
|
b) |
Nature of the transaction |
Defined Directors Share Purchase Programme |
||||
|
c) |
Price(s) and volume(s) |
|
||||
|
d) |
Aggregated information – Aggregated volume – Price |
504,614 0.0020 |
||||
|
e) |
Date of the transaction |
09/08/2018 |
||||
|
f) |
Place of the transaction |
XLON, AIM |
||||
About Cadence Minerals:
Cadence is dedicated to smart investments for a greener world. The planet needs rechargeable batteries on a global scale – upcoming supersized passenger vehicles, lorries and buses – require lithium and other technology minerals to power their cells. Cadence is helping find these minerals in new places and extracting them in new ways, which will meet the demand of this burgeoning market. With circa £15 million vested in key assets globally, Cadence is helping us reach tomorrow, today.
Cadence invests across the globe, principally in lithium mining projects. Its primary strategy is taking significant economic stakes in upstream exploration and development assets within strategic metals. We identify assets that have strategic cost advantages that are not replicable, with the aim of achieving lower quartile production costs. The combination of this approach and seeking value opportunities allows us to identify projects capable of achieving high rates of return.
The Cadence board has a blend of mining, commodity investing, fund management and deal structuring knowledge and experience, that is supported by access to key marketing, political and industry contacts. These resources are leveraged not only in our investment decisions but also in continuing support of our investments, whether it be increasing market awareness of an asset, or advising on product mix or path to production. Cadence Mineral’s goal is to assist management to rapidly develop the project up the value curve and deliver excellent returns on its investments.
Cadence Minerals #KDNC – Director Share Purchase, Notice of AGM & Live Webinar
As announced in December 2017 the Directors all entered into a Defined Director Purchase Programme (“DDPP”) in which they will each purchase £1,000 of ordinary shares per month for 12 months. These shares will be purchased from the market on the first Friday of each month starting on 2nd February 2018 and ending the 4th January 2019. The market will be notified of the purchases on the next trading day via a PDMR; Directors dealing notification.
The Directors have entered into a DDPP in an open period and under this programme are therefore committed to the purchase of shares in what otherwise may be a close period. Entering into the DDPP does not preclude the directors from buying additional shares in the Company during open periods.
Mr Andrew Suckling & Mr Adrian Fairbourn did not complete their scheduled DDPP on 3 August 2018, it is anticipated that these transactions will be completed during the course of this week.
Details of the Director purchases are contained in the table below:
|
Director |
Position |
Number of ordinary shares acquired |
Price paid per share (pence) |
|
Kiran Morzaria |
Director & CEO |
507,612 |
0.20 |
|
Donald Strang |
Finance Director |
500,000 |
0.20 |
After these acquisitions, the total notifiable share interest in the Company for the directors is as follows
|
Director |
Position |
Total Notifiable Interests (shares) |
|
Andrew Suckling |
Executive Chairman |
2,590,000 |
|
Kiran Morzaria |
Director & CEO |
11,527,585 |
|
Donald Strang |
Finance Director |
9,147,011 |
|
Adrian Fairbourn |
Non-Executive Director |
9,128,297 |
|
Total |
32,392,893 |
Notice of AGM
Cadence Minerals announces that notice of the Annual General Meeting of the Company, to be held at 11 am on 28 August 2018 at the offices of Hill Dickinson LLP, The Broadgate Tower, 8th Floor, 20 Primrose Street, London, EC2A 2EW, has been posted today.
The Notice of AGM will shortly be available online at www.cadenceminerals.com.
Live Webinar; 17 August 2018
Cadence Minerals Plc (AIM: KDNC), the AIM quoted listed resources investment company, is pleased to announce the Company will be hosting a live webinar at 10.00am BST on Friday 17 August 2018. The live webinar will be available on the following link:
http://webcasting.brrmedia.co.uk/broadcast/5b5b215d06c7f84227ae9891
Listeners are encouraged to submit questions prior to the call by emailing cadence@brrmedia.co.uk or by clicking on the question button at the foot of the webcasting.
For further information:
|
NOTIFICATION AND PUBLIC DISCLOSURE OF TRANSACTIONS BY PERSONS DISCHARGING MANAGERIAL RESPONSIBILITIES AND PERSONS CLOSELY ASSOCIATED WITH THEM
|
1 |
Details of the person discharging managerial responsibilities/person closely associated |
|||||
|
a) |
Name |
Kiran Morzaria |
||||
|
2 |
Reason for the notification |
|||||
|
a) |
Position/status |
Director & CEO |
||||
|
b) |
Initial notification/ Amendment |
Initial notification |
||||
|
3 |
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor |
|||||
|
a) |
Name |
Cadence Minerals PLC |
||||
|
b) |
LEI |
213800TUZWG9C2GRNO58 |
||||
|
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 |
Ordinary Share
GB00B067JC96 |
||||
|
b) |
Nature of the transaction |
Defined Directors Share Purchase Programme |
||||
|
c) |
Price(s) and volume(s) |
|
||||
|
d) |
Aggregated information – Aggregated volume – Price |
507,612 0.0020 |
||||
|
e) |
Date of the transaction |
03/08/2018 |
||||
|
f) |
Place of the transaction |
XLON, AIM |
||||
|
1 |
Details of the person discharging managerial responsibilities/person closely associated |
|||||
|
a) |
Name |
Donald Strang |
||||
|
2 |
Reason for the notification |
|||||
|
a) |
Position/status |
Finance Director |
||||
|
b) |
Initial notification/ Amendment |
Initial notification |
||||
|
3 |
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor |
|||||
|
a) |
Name |
Cadence Minerals PLC |
||||
|
b) |
LEI |
213800TUZWG9C2GRNO58 |
||||
|
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 |
Ordinary Share
GB00B067JC96 |
||||
|
b) |
Nature of the transaction |
Defined Directors Share Purchase Programme |
||||
|
c) |
Price(s) and volume(s) |
|
||||
|
d) |
Aggregated information – Aggregated volume – Price |
500,000 0.0022 |
||||
|
e) |
Date of the transaction |
03/08/2018 |
||||
|
f) |
Place of the transaction |
XLON, AIM |
||||
About Cadence Minerals:
Cadence is dedicated to smart investments for a greener world. The planet needs rechargeable batteries on a global scale – upcoming supersized passenger vehicles, lorries and buses – require lithium and other technology minerals to power their cells. Cadence is helping find these minerals in new places and extracting them in new ways, which will meet the demand of this burgeoning market. With circa £18 million vested in key assets globally, Cadence is helping us reach tomorrow, today.
Cadence invests across the globe, principally in lithium mining projects. Its primary strategy is taking significant economic stakes in upstream exploration and development assets within strategic metals. We identify assets that have strategic cost advantages that are not replicable, with the aim of achieving lower quartile production costs. The combination of this approach and seeking value opportunities allows us to identify projects capable of achieving high rates of return.
The Cadence board has a blend of mining, commodity investing, fund management and deal structuring knowledge and experience, that is supported by access to key marketing, political and industry contacts. These resources are leveraged not only in our investment decisions but also in continuing support of our investments, whether it be increasing market awareness of an asset, or advising on product mix or path to production. Cadence Mineral’s goal is to assist management to rapidly develop the project up the value curve and deliver excellent returns on its investments.
Cadence Minerals #KDNC – Director Share Purchases
As announced in December 2017 the Directors all entered into a Defined Director Purchase Programme in which they will each purchase £1,000 of ordinary shares per month for 12 months. These shares will be purchased from the market on the first Friday of each month starting on 2nd February 2018 and ending the 4th January 2019. The market will be notified of the purchases on the next trading day via a PDMR; Directors are dealing notification.
The Directors have entered into a DDPP in an open period and under this programme are therefore committed to the purchase of shares in what otherwise may be a close period. Entering into the DDPP does not preclude the directors from buying additional shares in the Company during open periods.
Mr Andrew Suckling did not complete his scheduled DDPP on 6 July 2018, due to an error by his broker, as such it is anticipated that this will be completed during the course of this week.
Details of the Director purchases are contained in the table below:
|
Director |
Position |
Number of ordinary shares acquired |
Price paid per share (pence) |
|
Kiran Morzaria |
Director & CEO |
445,434 |
0.22 |
|
Donald Strang |
Finance Director |
440,000 |
0.23 |
|
Adrian Fairbourn |
Non-Executive Director |
414,225 |
0.24 |
After these acquisitions, the total notifiable share interest in the Company for the directors is as follows
|
Director |
Position |
Total Notifiable Interests (shares) |
|
Andrew Suckling |
Executive Chairman |
2,090,000 |
|
Kiran Morzaria |
Director & CEO |
11,019,973 |
|
Donald Strang |
Finance Director |
8,647,011 |
|
Adrian Fairbourn |
Non-Executive Director |
9,128,297 |
|
Total |
30,885,281 |
For further information:
|
NOTIFICATION AND PUBLIC DISCLOSURE OF TRANSACTIONS BY PERSONS DISCHARGING MANAGERIAL RESPONSIBILITIES AND PERSONS CLOSELY ASSOCIATED WITH THEM
|
1 |
Details of the person discharging managerial responsibilities/person closely associated |
|||||
|
a) |
Name |
Kiran Morzaria |
||||
|
2 |
Reason for the notification |
|||||
|
a) |
Position/status |
Director & CEO |
||||
|
b) |
Initial notification/ Amendment |
Initial notification |
||||
|
3 |
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor |
|||||
|
a) |
Name |
Cadence Minerals PLC |
||||
|
b) |
LEI |
213800TUZWG9C2GRNO58 |
||||
|
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 |
Ordinary Share
GB00B067JC96 |
||||
|
b) |
Nature of the transaction |
Defined Directors Share Purchase Programme |
||||
|
c) |
Price(s) and volume(s) |
|
||||
|
d) |
Aggregated information – Aggregated volume – Price |
445,434 0.0022 |
||||
|
e) |
Date of the transaction |
06/07/2018 |
||||
|
f) |
Place of the transaction |
XLON, AIM |
||||
|
1 |
Details of the person discharging managerial responsibilities/person closely associated |
|||||
|
a) |
Name |
Donald Strang |
||||
|
2 |
Reason for the notification |
|||||
|
a) |
Position/status |
Finance Director |
||||
|
b) |
Initial notification/ Amendment |
Initial notification |
||||
|
3 |
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor |
|||||
|
a) |
Name |
Cadence Minerals PLC |
||||
|
b) |
LEI |
213800TUZWG9C2GRNO58 |
||||
|
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 |
Ordinary Share
GB00B067JC96 |
||||
|
b) |
Nature of the transaction |
Defined Directors Share Purchase Programme |
||||
|
c) |
Price(s) and volume(s) |
|
||||
|
d) |
Aggregated information – Aggregated volume – Price |
440,000 0.0023 |
||||
|
e) |
Date of the transaction |
06/07/2018 |
||||
|
f) |
Place of the transaction |
XLON, AIM |
||||
|
1 |
Details of the person discharging managerial responsibilities/person closely associated |
|||||
|
a) |
Name |
Adrian Fairbourn |
||||
|
2 |
Reason for the notification |
|||||
|
a) |
Position/status |
Non-Executive Director |
||||
|
b) |
Initial notification/ Amendment |
Initial notification |
||||
|
3 |
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor |
|||||
|
a) |
Name |
Cadence Minerals PLC |
||||
|
b) |
LEI |
213800TUZWG9C2GRNO58 |
||||
|
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 |
Ordinary Share
GB00B067JC96 |
||||
|
b) |
Nature of the transaction |
Defined Directors Share Purchase Programme |
||||
|
c) |
Price(s) and volume(s) |
|
||||
|
d) |
Aggregated information – Aggregated volume – Price |
414,225 0.0024 |
||||
|
e) |
Date of the transaction |
06/07/2018 |
||||
|
f) |
Place of the transaction |
XLON, AIM |
||||
About Cadence Minerals:
Cadence is dedicated to smart investments for a greener world. The planet needs rechargeable batteries on a global scale – upcoming supersized passenger vehicles, lorries and buses – require lithium and other technology minerals to power their cells. Cadence is helping find these minerals in new places and extracting them in new ways, which will meet the demand of this burgeoning market. With circa £20 million vested in key assets globally, Cadence is helping us reach tomorrow, today.
Cadence invests across the globe, principally in lithium mining projects. Its primary strategy is taking significant economic stakes in upstream exploration and development assets within strategic metals. We identify assets that have strategic cost advantages that are not replicable, with the aim of achieving lower quartile production costs. The combination of this approach and seeking value opportunities allows us to identify projects capable of achieving high rates of return.
The Cadence board has a blend of mining, commodity investing, fund management and deal structuring knowledge and experience, that is supported by access to key marketing, political and industry contacts. These resources are leveraged not only in our investment decisions but also in continuing support of our investments, whether it be increasing market awareness of an asset, or advising on product mix or path to production. Cadence Mineral’s goal is to assist management to rapidly develop the project up the value curve and deliver excellent returns on its investments.
END
Cadence Minerals #KDNC – Director Share Purchases
As announced in December 2017 the Directors all entered into a Defined Director Purchase Programme in which they will each purchase £1,000 of ordinary shares per month for 12 months. These shares will be purchased from the market on the first Friday of each month starting on 2nd February 2018 and ending the 4th January 2019. The market will be notified of the purchases on the next trading day via a PDMR; Directors are dealing notification.
The Directors have entered into a DDPP in an open period and under this programme are therefore committed to the purchase of shares in what otherwise may be a close period. Entering into the DDPP does not preclude the directors from buying additional shares in the Company during open periods.
Details of the Director purchases are contained in the table below:
|
Director |
Position |
Number of ordinary shares acquired |
Price paid per share (pence) |
|
Andrew Suckling |
Executive Chairman |
400,000 |
0.25 |
|
Kiran Morzaria |
Director & CEO |
432,273 |
0.23 |
|
Donald Strang |
Finance Director |
450,000 |
0.22 |
|
Adrian Fairbourn |
Non-Executive Director |
444,444 |
0.23 |
After these acquisitions, the total notifiable share interest in the Company for the directors is as follows
|
Director |
Position |
Total Notifiable Interests (shares) |
|
Andrew Suckling |
Executive Chairman |
2,090,000 |
|
Kiran Morzaria |
Director & CEO |
10,574,539 |
|
Donald Strang |
Finance Director |
8,207,011 |
|
Adrian Fairbourn |
Non-Executive Director |
8,714,072 |
|
Total |
29,585,622 |
For further information:
|
NOTIFICATION AND PUBLIC DISCLOSURE OF TRANSACTIONS BY PERSONS DISCHARGING MANAGERIAL RESPONSIBILITIES AND PERSONS CLOSELY ASSOCIATED WITH THEM
|
1 |
Details of the person discharging managerial responsibilities/person closely associated |
|||||
|
a) |
Name |
Andrew Suckling |
||||
|
2 |
Reason for the notification |
|||||
|
a) |
Position/status |
Executive Chairman |
||||
|
b) |
Initial notification/ Amendment |
Initial notification |
||||
|
3 |
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor |
|||||
|
a) |
Name |
Cadence Minerals PLC |
||||
|
b) |
LEI |
213800TUZWG9C2GRNO58 |
||||
|
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 |
Ordinary Share
GB00B067JC96 |
||||
|
b) |
Nature of the transaction |
Defined Directors Share Purchase Programme |
||||
|
c) |
Price(s) and volume(s) |
|
||||
|
d) |
Aggregated information – Aggregated volume – Price |
400,000 0.0025 |
||||
|
e) |
Date of the transaction |
01/06/2018 |
||||
|
f) |
Place of the transaction |
XLON, AIM |
||||
|
1 |
Details of the person discharging managerial responsibilities/person closely associated |
|||||
|
a) |
Name |
Kiran Morzaria |
||||
|
2 |
Reason for the notification |
|||||
|
a) |
Position/status |
Director & CEO |
||||
|
b) |
Initial notification/ Amendment |
Initial notification |
||||
|
3 |
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor |
|||||
|
a) |
Name |
Cadence Minerals PLC |
||||
|
b) |
LEI |
213800TUZWG9C2GRNO58 |
||||
|
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 |
Ordinary Share
GB00B067JC96 |
||||
|
b) |
Nature of the transaction |
Defined Directors Share Purchase Programme |
||||
|
c) |
Price(s) and volume(s) |
|
||||
|
d) |
Aggregated information – Aggregated volume – Price |
432,273 0.0023 |
||||
|
e) |
Date of the transaction |
01/06/2018 |
||||
|
f) |
Place of the transaction |
XLON, AIM |
||||
|
1 |
Details of the person discharging managerial responsibilities/person closely associated |
|||||
|
a) |
Name |
Donald Strang |
||||
|
2 |
Reason for the notification |
|||||
|
a) |
Position/status |
Finance Director |
||||
|
b) |
Initial notification/ Amendment |
Initial notification |
||||
|
3 |
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor |
|||||
|
a) |
Name |
Cadence Minerals PLC |
||||
|
b) |
LEI |
213800TUZWG9C2GRNO58 |
||||
|
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 |
Ordinary Share
GB00B067JC96 |
||||
|
b) |
Nature of the transaction |
Defined Directors Share Purchase Programme |
||||
|
c) |
Price(s) and volume(s) |
|
||||
|
d) |
Aggregated information – Aggregated volume – Price |
450,000 0.0022 |
||||
|
e) |
Date of the transaction |
01/06/2018 |
||||
|
f) |
Place of the transaction |
XLON, AIM |
||||
|
1 |
Details of the person discharging managerial responsibilities/person closely associated |
|||||
|
a) |
Name |
Adrian Fairbourn |
||||
|
2 |
Reason for the notification |
|||||
|
a) |
Position/status |
Non-Executive Director |
||||
|
b) |
Initial notification/ Amendment |
Initial notification |
||||
|
3 |
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor |
|||||
|
a) |
Name |
Cadence Minerals PLC |
||||
|
b) |
LEI |
213800TUZWG9C2GRNO58 |
||||
|
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 |
Ordinary Share
GB00B067JC96 |
||||
|
b) |
Nature of the transaction |
Defined Directors Share Purchase Programme |
||||
|
c) |
Price(s) and volume(s) |
|
||||
|
d) |
Aggregated information – Aggregated volume – Price |
444,444 0.0023 |
||||
|
e) |
Date of the transaction |
04/05/2018 |
||||
|
f) |
Place of the transaction |
XLON, AIM |
||||
About Cadence Minerals:
Cadence is dedicated to smart investments for a greener world. The planet needs rechargeable batteries on a global scale – upcoming supersized passenger vehicles, lorries and buses – require lithium and other technology minerals to power their cells. Cadence is helping find these minerals in new places and extracting them in new ways, which will meet the demand of this burgeoning market. With circa £20 million vested in key assets globally, Cadence is helping us reach tomorrow, today.
Cadence invests across the globe, principally in lithium mining projects. Its primary strategy is taking significant economic stakes in upstream exploration and development assets within strategic metals. We identify assets that have strategic cost advantages that are not replicable, with the aim of achieving lower quartile production costs. The combination of this approach and seeking value opportunities allows us to identify projects capable of achieving high rates of return.
The Cadence board has a blend of mining, commodity investing, fund management and deal structuring knowledge and experience, that is supported by access to key marketing, political and industry contacts. These resources are leveraged not only in our investment decisions but also in continuing support of our investments, whether it be increasing market awareness of an asset, or advising on product mix or path to production. Cadence Mineral’s goal is to assist management to rapidly develop the project up the value curve and deliver excellent returns on its investments.
Cadence Minerals #KDNC – Director Share Purchases
As announced in December 2017 the Directors all entered into a Defined Director Purchase Programme (“DDPP”) in which they will each purchase £1,000 of ordinary shares per month for 12 months. These shares will be purchased from the market on the first Friday of each month starting on 2nd February 2018 and ending the 4th January 2019. The market will be notified of the purchases on the next trading day via a PDMR; Directors are dealing notification.
The Directors have entered into a DDPP in an open period and under this programme are therefore committed to the purchase of shares in what otherwise may be a close period. Entering into the DDPP does not preclude the directors from buying additional shares in the Company during open periods.
Details of the Director purchases are contained in the table below:
|
Director |
Position |
Number of ordinary shares acquired |
Price paid per share (pence) |
|
Andrew Suckling |
Executive Chairman |
450,000 |
0.22 |
|
Kiran Morzaria |
Director & CEO |
434,783 |
0.23 |
|
Donald Strang |
Finance Director |
425,000 |
0.24 |
|
Adrian Fairbourn |
Non-Executive Director |
429,185 |
0.23 |
After these acquisitions, the total notifiable share interest in the Company for the directors is as follows
|
Director |
Position |
Total Notifiable Interests (shares) |
|
Andrew Suckling |
Executive Chairman |
1,690,000 |
|
Kiran Morzaria |
Director & CEO |
10,142,266 |
|
Donald Strang |
Finance Director |
7,757,011 |
|
Adrian Fairbourn |
Non-Executive Director |
8,269,628 |
|
Total |
27,858,905 |
| For further information, please contact. | |
| Cadence Minerals plc | +44 (0) 207 440 0647 |
| Andrew Suckling | |
| Kiran Morzaria | |
| WH Ireland Limited (NOMAD & Broker) | +44 (0) 207 220 1666 |
| James Joyce | |
| James Sinclair-Ford | |
| Hannam & Partners LLP (Joint Broker) | +44 (0) 207 907 8500 |
| Neil Passmore | |
| Giles Fitzpatrick | |
| Square1 Consulting | +44 (0) 207 929 5599 |
| David Bick |
NOTIFICATION AND PUBLIC DISCLOSURE OF TRANSACTIONS BY PERSONS DISCHARGING MANAGERIAL RESPONSIBILITIES AND PERSONS CLOSELY ASSOCIATED WITH THEM
|
1 |
Details of the person discharging managerial responsibilities/person closely associated |
|||||
|
a) |
Name |
Andrew Suckling |
||||
|
2 |
Reason for the notification |
|||||
|
a) |
Position/status |
Executive Chairman |
||||
|
b) |
Initial notification/ Amendment |
Initial notification |
||||
|
3 |
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor |
|||||
|
a) |
Name |
Cadence Minerals PLC |
||||
|
b) |
LEI |
213800TUZWG9C2GRNO58 |
||||
|
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 |
Ordinary Share
GB00B067JC96 |
||||
|
b) |
Nature of the transaction |
Defined Directors Share Purchase Programme |
||||
|
c) |
Price(s) and volume(s) |
|
||||
|
d) |
Aggregated information – Aggregated volume – Price |
450,000 0.0022 |
||||
|
e) |
Date of the transaction |
04/05/2018 |
||||
|
f) |
Place of the transaction |
XLON, AIM |
||||
|
1 |
Details of the person discharging managerial responsibilities/person closely associated |
|||||
|
a) |
Name |
Kiran Morzaria |
||||
|
2 |
Reason for the notification |
|||||
|
a) |
Position/status |
Director & CEO |
||||
|
b) |
Initial notification/ Amendment |
Initial notification |
||||
|
3 |
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor |
|||||
|
a) |
Name |
Cadence Minerals PLC |
||||
|
b) |
LEI |
213800TUZWG9C2GRNO58 |
||||
|
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 |
Ordinary Share
GB00B067JC96 |
||||
|
b) |
Nature of the transaction |
Defined Directors Share Purchase Programme |
||||
|
c) |
Price(s) and volume(s) |
|
||||
|
d) |
Aggregated information – Aggregated volume – Price |
434,783 0.0023 |
||||
|
e) |
Date of the transaction |
04/05/2018 |
||||
|
f) |
Place of the transaction |
XLON, AIM |
||||
|
1 |
Details of the person discharging managerial responsibilities/person closely associated |
|||||
|
a) |
Name |
Donald Strang |
||||
|
2 |
Reason for the notification |
|||||
|
a) |
Position/status |
Finance Director |
||||
|
b) |
Initial notification/ Amendment |
Initial notification |
||||
|
3 |
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor |
|||||
|
a) |
Name |
Cadence Minerals PLC |
||||
|
b) |
LEI |
213800TUZWG9C2GRNO58 |
||||
|
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 |
Ordinary Share
GB00B067JC96 |
||||
|
b) |
Nature of the transaction |
Defined Directors Share Purchase Programme |
||||
|
c) |
Price(s) and volume(s) |
|
||||
|
d) |
Aggregated information – Aggregated volume – Price |
425,000 0.0024 |
||||
|
e) |
Date of the transaction |
04/05/2018 |
||||
|
f) |
Place of the transaction |
XLON, AIM |
||||
|
1 |
Details of the person discharging managerial responsibilities/person closely associated |
|||||
|
a) |
Name |
Adrian Fairbourn |
||||
|
2 |
Reason for the notification |
|||||
|
a) |
Position/status |
Non-Executive Director |
||||
|
b) |
Initial notification/ Amendment |
Initial notification |
||||
|
3 |
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor |
|||||
|
a) |
Name |
Cadence Minerals PLC |
||||
|
b) |
LEI |
213800TUZWG9C2GRNO58 |
||||
|
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 |
Ordinary Share
GB00B067JC96 |
||||
|
b) |
Nature of the transaction |
Defined Directors Share Purchase Programme |
||||
|
c) |
Price(s) and volume(s) |
|
||||
|
d) |
Aggregated information – Aggregated volume – Price |
429,185 0.0023 |
||||
|
e) |
Date of the transaction |
04/05/2018 |
||||
|
f) |
Place of the transaction |
XLON, AIM |
||||
Qualified Person
Kiran Morzaria B.Eng. (ACSM), MBA, has reviewed and approved the information contained in this announcement. Kiran holds a Bachelor of Engineering (Industrial Geology) from the Camborne School of Mines and an MBA (Finance) from CASS Business School.
About Cadence Minerals:
Cadence is dedicated to smart investments for a greener world. The planet needs rechargeable batteries on a global scale – upcoming supersized passenger vehicles, lorries and buses – require lithium and other technology minerals to power their cells. Cadence is helping find these minerals in new places and extracting them in new ways, which will meet the demand of this burgeoning market. With over GBP20 million vested in key assets globally, Cadence is helping us reach tomorrow, today.
Cadence invests across the globe, principally in lithium mining projects. Its primary strategy is taking significant economic stakes in upstream exploration and development assets within strategic metals. We identify assets that have strategic cost advantages that are not replicable, with the aim of achieving lower quartile production costs. The combination of this approach and seeking value opportunities allows us to identify projects capable of achieving high rates of return.
The Cadence board has a blend of mining, commodity investing, fund management and deal structuring knowledge and experience, that is supported by access to key marketing, political and industry contacts. These resources are leveraged not only in our investment decisions but also in continuing support of our investments, whether it be increasing market awareness of an asset, or advising on product mix or path to production. Cadence Mineral’s goal is to assist management to rapidly develop the project up the value curve and deliver excellent returns on its investments.
Cadence Minerals #KDNC – Director share purchases
As announced in December 2017 the Directors all entered into a Defined Director Purchase Programme (“DDPP”) in which they will each purchase £1,000 of ordinary shares per month for 12 months. These shares will be purchased from the market on the first Friday of each month starting on 2nd February 2018 and ending the 4th January 2019.
The Directors have entered into a DDPP in an open period and under this programme are therefore committed to the purchase of shares in what otherwise may be a close period. Entering into the DDPP does not preclude the directors from buying additional shares in the Company during open periods.
Details of the Director purchases are contained in the table below:
|
Date Purchased |
Director |
Position |
Number of ordinary shares acquired |
Price paid per share (pence) |
|
06/04/2018 |
Andrew Suckling |
Executive Chairman |
400,000 |
0.25 |
|
06/04/2018 |
Kiran Morzaria |
Director & CEO |
435,919 |
0.23 |
|
06/04/2018 |
Donald Strang |
Finance Director |
400,000 |
0.25 |
|
06/04/2018 |
Adrian Fairbourn |
Non-Executive Director |
432,838 |
0.23 |
After these acquisitions the total notifiable share interest in the Company for the directors is as follows
|
Director |
Position |
Total Notifiable Interests (shares) |
|
Andrew Suckling |
Executive Chairman |
1,240,000 |
|
Kiran Morzaria |
Director & CEO |
9,707,483 |
|
Donald Strang |
Finance Director |
7,332,011 |
|
Adrian Fairbourn |
Non-Executive Director |
7,840,443 |
|
Total |
26,119,937 |
For further information:
|
NOTIFICATION AND PUBLIC DISCLOSURE OF TRANSACTIONS BY PERSONS DISCHARGING MANAGERIAL RESPONSIBILITIES AND PERSONS CLOSELY ASSOCIATED WITH THEM
|
1 |
Details of the person discharging managerial responsibilities/person closely associated |
|||||
|
a) |
Name |
Andrew Suckling |
||||
|
2 |
Reason for the notification |
|||||
|
a) |
Position/status |
Executive Chairman |
||||
|
b) |
Initial notification/ Amendment |
Initial notification |
||||
|
3 |
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor |
|||||
|
a) |
Name |
Cadence Minerals PLC |
||||
|
b) |
LEI |
213800TUZWG9C2GRNO58 |
||||
|
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 |
Ordinary Share
GB00B067JC96 |
||||
|
b) |
Nature of the transaction |
Defined Directors Share Purchase Programme |
||||
|
c) |
Price(s) and volume(s) |
|
||||
|
d) |
Aggregated information – Aggregated volume – Price |
400,000 0.0025 |
||||
|
e) |
Date of the transaction |
06/04/2018 |
||||
|
f) |
Place of the transaction |
XLON, AIM |
||||
|
1 |
Details of the person discharging managerial responsibilities/person closely associated |
|||||
|
a) |
Name |
Kiran Morzaria |
||||
|
2 |
Reason for the notification |
|||||
|
a) |
Position/status |
Director & CEO |
||||
|
b) |
Initial notification/ Amendment |
Initial notification |
||||
|
3 |
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor |
|||||
|
a) |
Name |
Cadence Minerals PLC |
||||
|
b) |
LEI |
213800TUZWG9C2GRNO58 |
||||
|
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 |
Ordinary Share
GB00B067JC96 |
||||
|
b) |
Nature of the transaction |
Defined Directors Share Purchase Programme |
||||
|
c) |
Price(s) and volume(s) |
|
||||
|
d) |
Aggregated information – Aggregated volume – Price |
435,919 0.0023 |
||||
|
e) |
Date of the transaction |
06/04/2018 |
||||
|
f) |
Place of the transaction |
XLON, AIM |
||||
|
1 |
Details of the person discharging managerial responsibilities/person closely associated |
|||||
|
a) |
Name |
Donald Strang |
||||
|
2 |
Reason for the notification |
|||||
|
a) |
Position/status |
Finance Director |
||||
|
b) |
Initial notification/ Amendment |
Initial notification |
||||
|
3 |
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor |
|||||
|
a) |
Name |
Cadence Minerals PLC |
||||
|
b) |
LEI |
213800TUZWG9C2GRNO58 |
||||
|
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 |
Ordinary Share
GB00B067JC96 |
||||
|
b) |
Nature of the transaction |
Defined Directors Share Purchase Programme |
||||
|
c) |
Price(s) and volume(s) |
|
||||
|
d) |
Aggregated information – Aggregated volume – Price |
400,000 0.0025 |
||||
|
e) |
Date of the transaction |
06/04/2018 |
||||
|
f) |
Place of the transaction |
XLON, AIM |
||||
|
1 |
Details of the person discharging managerial responsibilities/person closely associated |
|||||
|
a) |
Name |
Adrian Fairbourn |
||||
|
2 |
Reason for the notification |
|||||
|
a) |
Position/status |
Non-Executive Director |
||||
|
b) |
Initial notification/ Amendment |
Initial notification |
||||
|
3 |
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor |
|||||
|
a) |
Name |
Cadence Minerals PLC |
||||
|
b) |
LEI |
213800TUZWG9C2GRNO58 |
||||
|
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 |
Ordinary Share
GB00B067JC96 |
||||
|
b) |
Nature of the transaction |
Defined Directors Share Purchase Programme |
||||
|
c) |
Price(s) and volume(s) |
|
||||
|
d) |
Aggregated information – Aggregated volume – Price |
432,838 0.0023 |
||||
|
e) |
Date of the transaction |
06/04/2018 |
||||
|
f) |
Place of the transaction |
XLON, AIM |
||||
About Cadence Minerals:
Cadence is dedicated to smart investments for a greener world. The planet needs rechargeable batteries on a global scale – upcoming supersized passenger vehicles, lorries and buses – require lithium and other technology minerals to power their cells. Cadence is helping find these minerals in new places and extracting them in new ways, which will meet the demand of this burgeoning market. With circa £20 million vested in key assets globally, Cadence is helping us reach tomorrow, today.
Cadence invests across the globe, principally in lithium mining projects. Its primary strategy is taking significant economic stakes in upstream exploration and development assets within strategic metals. We identify assets that have strategic cost advantages that are not replicable, with the aim of achieving lower quartile production costs. The combination of this approach and seeking value opportunities allows us to identify projects capable of achieving high rates of return.
The Cadence board has a blend of mining, commodity investing, fund management and deal structuring knowledge and experience, that is supported by access to key marketing, political and industry contacts. These resources are leveraged not only in our investment decisions but also in continuing support of our investments, whether it be increasing market awareness of an asset, or advising on product mix or path to production. Cadence Mineral’s goal is to assist management to rapidly develop the project up the value curve and deliver excellent returns on its investments.