Business
Director Share Purchases - Nick von Schirnding
Director Share Purchases - Nick von Schirnding.
About this update from Arc Minerals Limited
[{"type":"text","content":"\n \nRNS Number : 0723F Arc Minerals Limited 24 October 2018 \n\nArc Minerals Ltd / Epic: ARCM / Market: AIM / Sector: Mining & Exploration\n24 October 2018\nArc Minerals Ltd \n('Arc' or the 'Company') \nDirector Share Purchases - Nick von Schirnding \nArc Minerals announces that it was today notified that Mr Nick von Schirnding, Executive Chairman of the Company, had purchased 281,000 shares of no par value in the Company (\"Ordinary Shares\") today at a price of 3.48 pence per share.\nFollowing this transaction, Nick von Schirnding holds a beneficial interest in 13,607,198 Ordinary Shares representing approximately 2.16 per cent. of the Company's issued share capital. In addition, Mr von Schirnding has a beneficial interest in 13,842,418 incentive options equating to 2.19% of the Company's issued share capital prior to dilution by the warrant exercise.\n \nMarket Abuse Regulation (MAR) Disclosure\nCertain information contained in this announcement would have been deemed inside information for the purposes of Article 7 of Regulation (EU) No 596/2014 until the release of this announcement.\nNOTIFICATION AND PUBLIC DISCLOSURE OF TRANSACTIONS BY PERSONS DISCHARGING MANAGERIAL RESPONSIBILITIES AND PERSONS CLOSELY ASSOCIATED WITH THEM:\n\n\n\n1. \n\n\nDetails of the person discharging managerial responsibilities/person closely associated\n\n\n\n\na)\n\n\nName:\n\n\nNick von Schirnding \n\n\n\n\n2. \n\n\nReason for the notification\n\n\n\n\na)\n\n\nPosition/status:\n\n\nExecutive Chairman\n\n\n\n\nb)\n\n\nInitial notification/Amendment:\n\n\nInitial notification\n\n\n\n\n3. \n\n\nDetails of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor\n\n\n\n\na)\n\n\nName:\n\n\nArc Minerals Limited\n\n\n\n\nb)\n\n\nLEI:\n\n\n213800XHFJVCC9GP2G75\n\n\n\n\n4. \n\n\nDetails 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\n\n\n\n\na)\n\n\nDescription of the financial instrument, type of instrument:\nIdentification code:\n \n\n\nOrdinary shares of no par value \nVGG045791016\n\n\n\n\nb)\n\n\nNa...