Business
Directors' Shareholding
Directors' Shareholding.
About this update from Arc Minerals Limited
[{"type":"text","content":"\n\n \n Ortac Resources Limited 27 February 2017 \n\nOrtac Resources Ltd / Epic: OTC / Market: AIM / Sector: Mining & Exploration\n \n27 February 2017\n \nOrtac Resources Ltd ('Ortac' or 'the Company')\nDirectors' Shareholding\n \nOrtac Resources Ltd, the mineral exploration company operating in Europe and Africa, was notified on 25 February 2017, that Mr Anthony Balme, Chairman of Ortac, sold 48,189,571 ordinary shares of the Company (\"Ordinary Shares\") on 24 February 2017 at a price of 0.0230 pence per share and his ISA purchased 48,189,571 Ordinary Shares at a price of 0.0231 pence per share on 24 February 2017.\n \nFollowing this transaction, Anthony Balme's beneficial interest in the share capital of Ortac remained unchanged at 828,890,249 Ordinary Shares representing approximately 10.09 per cent. of the Company's issued ordinary share capital.\n \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\n\n1. \n\n\nDetails of the person discharging managerial responsibilities/person closely associated\n\n\n\n\na)\n\n\nName:\n\n\nAnthony Balme\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\nOrtac Resources Ltd\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\nOrdinary shares of no par value\nVGG6829M1005\n\n\n\n\nb)\n\n\nNature of the transaction:\n\n\nSale of shar...