Director Share Purchase

RNS Number : 2883J
Metal Tiger PLC
16 December 2015
 

Metal Tiger Plc

16 December2015

Metal Tiger Plc

("Metal Tiger" or the "Company")

 

 

Director Share Purchase

 

Metal Tiger plc the London Stock Exchange AIM listed investor in strategic natural resource opportunities is pleased to announced an acquisition of shares by Paul Johnson, Executive Director.

 

On 16 December 2015 Paul Johnson purchased 500,000 Metal Tiger shares on market at a price of 0.832p per share.  Following this purchase Paul Johnson holds 7,795,000 shares or 2.26% of the currently issued share capital of the Company.

 

Please note this Director percentage holding is based on the 344,625,795 issued share capital as at 16 December 2015. 

 

As announced on 14 December 2015, Metal Tiger's Chairman invested £240,000 for 30,000,000 new Metal Tiger ordinary shares, with an expected admission date of 22 December 2015. 

 

Following that admission the issued ordinary share capital of the Company will be 374,625,795 shares and Mr Johnson's current holding of 7,795,000 shares would then equate to 2.08% of issued share capital.

 

For further information on the Company, visit: www.metaltigerplc.com:

 

Cameron Parry (CEO)


Tel: +44 (0)207 099 0738

Paul Johnson (Executive Director)


Tel: +44 (0)7766 465 617

Sean Wyndham-Quin

Neil Baldwin

Nick Emerson

Andy Thacker

Spark Advisory Partners Limited

(Nominated Adviser)

SI Capital

(Sole Broker)

 

Tel: +44 (0) 2033 683 555

www.sparkadvisorypartners.com

Tel: +44 (0) 1483 413 500

Notes to Editors:

 

Metal Tiger plc is a natural resources focused investing company quoted on the London Stock Exchange AIM Market ("AIM") with the trading code MTR and two investment divisions, Direct Projects and Direct Equities. 

 

The Direct Projects division invests in mineral exploration projects operated by trusted partners on the ground.  Projects are selected for their strategic significant in terms of commodity, location and commerciality factors.  Key strategic investments to date include Spanish Gold & Tungsten, Thai Gold, Copper & Antimony, and Botswanan Copper & Silver. 

 

The Direct Equities division invests in quoted natural resource explorers and developers, with a combination of shares and warrants and seeks generate trading profits for reinvestment into the Direct Projects division.

 

Metal Tiger's target is to deliver a very high return for shareholders by investing in significantly undervalued and/or high potential opportunities in the mineral exploration and development sector timed to coincide where possible, with a cyclical recovery in the exploration and mining markets.


This information is provided by RNS
The company news service from the London Stock Exchange
 
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