Business
Directors’ Dealings & Shareholder Interest
Directors’ Dealings & Shareholder Interest.
About this update from African Pioneer Plc
[{"type":"text","content":"\n\n \n\n4 September 2023\nAfrican Pioneer Plc\n (\"African Pioneer\" or the \"Company\") \nDirectors' Dealings & Shareholder Interest\n \nAfrican Pioneer (TIDM: AFP), the copper-gold exploration and development company, announces that it has been notified by Wilhelm Shali, a member of the Concert Party, that on 29 August 2023 he has sold 3,333,335 ordinary shares of no par value each in the Company (\"Shares\") (\"Share Sale\") at 1.8 pence per Share reducing his shareholding in the Company to 3,657,817 Shares representing 1.6% of the Company's issued share capital (\"Total Voting Rights\"). Of the Shares sold by Wilhelm Shali 2,222,223 Shares representing in aggregate 0.97% of the Total Voting Rights were acquired by the Company's Directors Colin Bird (833,334 Shares for £15,000), Raju Samtani (555,556 Shares for £10,000) and Kjeld Thygesen (833,334 Shares for £15,000) (\"Directors' Share Purchases\"). As a result of the Share Sale and the Directors' Share Purchases, the aggregated Concert Party interest has been reduced from 45.3% to 44.8%. \n \nDirectors' updated shareholdings: The table below shows the current shareholdings of Directors and their related parties and their shareholdings as a percentage of Total Voting Rights after the Directors' Share Purchases:\n \n\n\n\n\n\n\n\nShareholdings\n\n\n\n\n\n\n\nDirector & Position\n\n\nCurrent\n\n\nDirectors' Share Purchases\n\n\nResultant shareholding\n\n\n%\nof TVR\n\n\n\n\nColin Bird: Chairman\n\n\n23,283,950\n\n\n833,334\n\n\n23,283,950\n\n\n10.58%\n\n\n\n\nRaju Samtani: Finance Director\n\n\n17,839,506\n\n\n555,555\n\n\n17,839,506\n\n\n8.07%\n\n\n\n\nChristian Cordier: Director\n\n\n17,222,222\n\n\n -\n\n\n17,222,222\n\n\n7.55%\n\n\n\n\nKjeld Thygesen: Non Executive\n\n\n200,000\n\n\n833,334\n\n\n1,033,334\n\n\n0.45%\n\n\n\n\nJames Cunningham-Davis: Non Execu...