Business

PDMR Dealing

PDMR Dealing.

articleRainbow Rare Earths Ltd.November 6, 20204/company/rainbow-rare-earths-limited/news/pdmr-dealing-52
PDMR Dealing

About this update from Rainbow Rare Earths Ltd.

[{"type":"text","content":"\n \n \n \n RNS Number : 5741E\n Rainbow Rare Earths Limited\n 06 November 2020\n  \n \n \n \n FOR IMMEDIATE RELEASE\n \n \n 6 November 2020\n \n \n Rainbow Rare Earths Limited \n \n \n (\"Rainbow\" or the \"Company\") (LSE: RBW)\n \n \n  \n \n \n Director/PDMR Shareholding\n \n \n The Company announces that Cesare Morelli, Chief Geologist, has sold 640,315 ordinary shares of no par value (\"Ordinary Shares\") at an aggregate price of 6.51 pence per share.  \n \n  \n \n As a result of this transaction the beneficial ownership of Cesare Morelli in the Ordinary Shares of the Company is as follows:\n \n \n \n \n \n \n \n \n \n \n \n \n Total shares held prior to transaction\n \n \n \n \n Total shares held post\n transaction\n \n \n \n \n \n \n \n \n \n \n \n \n \n No\n \n \n \n \n %\n \n \n \n \n No\n \n \n \n \n %\n \n \n \n \n \n \n Cesare Morelli1\n \n \n \n \n 1,889,995\n \n \n \n \n 0.45%\n \n \n \n \n 1,249,680\n \n \n \n \n 0.30%\n \n \n \n \n \n  \n \n \n 1.  Shares held via a discretionary trust\n \n \n  \n \n \n \n \n \n 1. \n \n \n \n \n Details of the person discharging managerial responsibilities/person closely associated\n \n \n \n \n \n \n (a) \n \n \n \n \n Full name of person Dealing\n \n \n \n \n Cesare Morelli\n \n \n \n \n \n \n 2. \n \n \n \n \n Reason for notification\n \n \n \n \n \n \n (a) \n \n \n \n \n Position/status\n \n \n \n \n Chief Geologist\n \n \n \n \n \n \n (b) \n \n \n \n \n Initial notification/ Amendment\n \n \n \n \n Initial notification\n \n \n \n \n \n \n 3. \n \n \n \n \n Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor\n \n \n \n \n \n \n (a) \n \n \n \n \n Name of entity\n \n \n \n \n Rainbow Rare Earths Limited \n \n \n \n \n \n \n (b) \n \n \n \n \n LEI\n \n \n \n \n 213800HONYSAXTG6KS11\n \n \n \n \n \n \n 4. \n \n \n \n \n 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\n \n \n \n \n \n \n (a) \n \n \n \n \n Description of the financial instrument, type of instrument\n \n \n \n \n Ordinary Shares of no par value each\n \n \n \n \n \n \n (b) \n \n \n \n \n Identification code\n \n \n \n \...

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