Business
Director Share Purchase at 1.25p
Director Share Purchase at 1.25p.
About this update from Neo Energy Metals Plc
[{"type":"text","content":"\n\nNeo Energy Metals plc / EPIC: NEO / Market: Main Market of the London Stock Exchange\n \n29 November 2023\nNeo Energy Metals plc\n('Neo' or 'the Company')\n \nDirector Share Purchase\n \nNeo Energy Metals plc, the near term, low-cost uranium developer, is pleased to announce that Gathoni Muchai Investments Limited ('GMI') has purchased 11,158,361 ordinary shares of £0.0001 (\"Ordinary Shares\") through off market purchases at an average price of 1.25 pence per Ordinary Share. \n \nOf the 11,158,361 ordinary shares purchased, 3,908,361 are held by GMI and 7,250,000 have been purchased by GMI on behalf of its employees and related parties.\n \nGMI is wholly owned and controlled by Neo's Chairman, Jason Brewer and Non-Executive Director Jackline Muchai.\n \nFollowing this share purchase, GMI holds 223,324,461 Ordinary Shares representing approximately 17.86 per cent of the Company's voting rights.\n \nFurther details of the share purchase are set out in the TR1 form below.\n \n \nTR-1: Standard form for notification of major holdings\n \n\n\n\n\nNOTIFICATION OF MAJOR HOLDINGS (to be sent to the relevant issuer and to the FCA in Microsoft Word format if possible) i\n\n\n\n\n\n\n\n\n\n1a. Identity of the issuer or the underlying issuer of existing shares to which voting rights are attached ii:\n\n\nNeo Energy Metals plc\n\n\n\n\n1b. Please indicate if the issuer is a non-UK issuer (please mark with an \"X\" if appropriate)\n\n\n\n\n\n\n\n\n\n\n\n\n2. Reason for the notification (please mark the appropriate box or boxes with an \"X\")\n\n\n\n\nAn acquisition or disposal of voting rights\n\n\nX\n\n\n\n\nAn acquisition or disposal of financial instruments\n\n\n\n\n\n\n\nAn event changing the breakdown of voting rights\n\n\n\n\n\n\n\nOther (please specify) iii:\n\n\n\n\n\n\n\n3. Details of person subject to the notification obligation iv\n\n\n\n\nName\n\n\nGathoni Muchai Investments Limited\n\n\n\n\nCity and country of registered office (if applicable)\n\n\nNairobi, Kenya\n\n\n\n\n4. Full name of shareholder(s) (if different from 3.) v\n\n\n\n\nName\n\n\n\n\n\n\n\nCity and country of registered office (if applicable)\n\n\n\n\n\n\n\n5. Date on which the threshold was crossed or reached vi:\n\n\n29/11/2023\n\n\n\n\n6. Date on which issuer notified (DD/MM/YYYY):\n\n\n29/11/202...