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Director Dealing, Issue of Equity and TVR

Director Dealing, Issue of Equity and TVR.

articleTertiary Minerals PlcJuly 31, 20205/company/tertiary-minerals-plc/news/director-dealing-issue-of-equity-and-tvr-4
Director Dealing, Issue of Equity and TVR

About this update from Tertiary Minerals Plc

[{"type":"text","content":"\n \n \n RNS Number : 8032U\n Tertiary Minerals PLC\n 31 July 2020\n  \n \n \n \n Tertiary Minerals plc\n \n \n \n www.tertiaryminerals.com\n \n \n \n (\"Tertiary\" or \"the Company\")\n \n \n  \n \n \n 31 July 2020\n \n \n  \n \n \n Director Dealing, Issue of Equity and\n \n \n Total Voting Rights\n \n \n  \n \n \n Tertiary Minerals plc, the AIM traded company building a multi-commodity project portfolio announces that pursuant to terms agreed on 30 April 2014 and further to the RNS dated 20 August 2014, a non-executive director of the Company will be receiving settlement of a portion of his outstanding fees in ordinary shares of 0.01 pence each in the Company (\"Ordinary Shares\"), on a six-monthly ongoing basis calculated with reference to the closing mid-market price on the trading day prior to the issue of the Ordinary Shares.\n \n \n  \n \n \n On 31 July 2020, the Company resolved to issue a total of 587,722 Ordinary Shares to Donald McAlister for the six-month period ended 30 June 2020.\n \n \n  \n \n \n These Ordinary Shares were issued at a price of 0.230 pence per share, being the closing mid-market price on 30 July 2020.\n \n \n  \n \n \n The following table shows the number of Ordinary Shares issued to Donald McAlister together with his total holdings following the issue of the Ordinary Shares:\n \n \n  \n \n \n \n \n \n Director\n \n \n \n \n Number of Ordinary Shares issued\n \n \n \n \n Price of Ordinary Shares issued\n \n \n \n \n Interest in total number of Ordinary Shares following Admission\n \n \n \n \n % of Company's issued share capital following Admission\n \n \n \n \n \n \n Donald McAlister\n \n \n \n \n 587,722\n \n \n \n \n 0.230 pence\n \n \n \n \n 2,937,609\n \n \n \n \n 0.353%\n \n \n \n \n \n  \n \n \n Application has been made to the London Stock Exchange for \n 587,722 Ordinary\n  \n Shares to be admitted to trading on AIM (\"Admission\"), and it is expected that Admission will occur at 8:00a.m. on or around 6 August 2020\n .\n \n \n  \n \n \n Total Voting Rights\n \n \n  \n \n \n In accordance with Financial Conduct Authority's Disclosure and Transparency Rules (\"DTRs\"), the total issued share capital as at today's date is 831,058,315. Following the issue and Admission of the ordinary shares to Donald McAlister, the total issued share ...

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