Business
Admission of new shares/ PDMR Dealing
Admission of new shares/ PDMR Dealing.
About this update from Strategic Minerals Plc
[{"type":"text","content":"\n \nRNS Number : 4813R Strategic Minerals PLC 21 September 2017 \n\n21 September 2017\n \nStrategic Minerals plc\n(\"Strategic Minerals\" or the \"Company\" or \"SML\")\n \nAdmission of new shares / PDMR Dealing\n \nFurther to the announcement released on 29 August 2017, Strategic Minerals plc (AIM: SML; USOTC: SMCDY), the diversified mineral production and development company, announces that Mr. John Peters, Managing Director of the Company, exercised options over 10,000,000 ordinary shares of 0.1 pence each in the Company (\"Ordinary Shares\") at a price of £0.01 per share. Application has been made for 10,000,000 new Ordinary Shares to be admitted to trading on the AIM market of the London Stock Exchange (\"Admission\"). Admission of these new Ordinary Shares is now expected to occur on 25 September 2017.\n \nFollowing the exercise of the share options, Mr. Peters will have an interest in 20,000,000 Ordinary Shares, representing 1.59% of the issued ordinary share capital of the Company, as enlarged by the above exercise of share options.\n \nFollowing the issue of new Ordinary Shares in connection with the above share option exercise, the total issued share capital of the Company consists of 1,255,825,560 Ordinary Shares with voting rights. The Company does not hold any Ordinary Shares in treasury. Therefore, the total number of voting rights in the Company is 1,255,825,560 and this figure may be used by shareholders in the Company as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change in their interest in, the share capital of the Company under the FCA's Disclosure and Transparency Rules.\n \nMarket Abuse Regulation (MAR) Disclosure\n\nNOTIFICATION AND PUBLIC DISCLOSURE OF TRANSACTIONS BY PERSONS DISCHARGING MANAGERIAL RESPONSIBILITIES AND PERSONS CLOSELY ASSOCIATED WITH THEM: \n \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\nMr. John Peters\n\n\n\n\n2. \n\n\nReason for the notification\n\n\n\n\na)\n\n\nPosition/status:\n\n\nManaging Director\n\n\n\n\nb)\n\n\nInitial notification/Amendment:\n\n\nInitial notification\n\n\n\n\n3.&n...