Director Share Purchase

RNS Number : 2920R
Metal Tiger PLC
07 March 2016
 

Metal Tiger Plc

07 March 2016

Metal Tiger Plc

("Metal Tiger" or the "Company")

 

 

DIRECTOR SHARE PURCHASE

 

Metal Tiger plc (LON:MTR) the London Stock Exchange AIM listed investor in strategic natural resource projects, announces that the Company has been notified that on Monday 7th March 2016 Michelle Johnson, wife of Paul Johnson, Chief Executive Officer of Metal Tiger, purchased through the market 500,000 ordinary shares of 0.01 pence in the Company ("Ordinary Shares") at an average price of 1.25 pence per share.  This transaction requires disclosure as Mrs Johnson is a related party to Paul Johnson and any shares purchased must be added to Mr Johnson's holding for disclosure purposes.

Following this transaction, Paul Johnson has a beneficial interest in 8,500,000 Ordinary Shares and Michelle Johnson 500,000 Ordinary Shares which together total 9,000,000 shares and represent 2.0% of the issued share capital of the Company. 

Listed below is a summary of the director transactions undertaken in Metal Tiger plc to date and the current shareholdings of all board members.

Director Transactions in Metal Tiger plc July 2014 to March 2016:

Date

Director

Trade Type

Description

No. Shares

Price Paid (p)

Amount (£)








07.03.16

04.03.16

Paul Johnson

Paul Johnson

Spouse - Buy

Buy

On Market

On Market

500,000

705,000

1.25

1.17

6,250

8,250

16.12.15

Paul Johnson

Buy

On Market

500,000

0.83

4,150

14.12.15

Terry Grammer

Buy

Placing

30,000,000

0.80

240,000

10.07.15

Cameron Parry

Buy

Option Exercise

2,500,000

1.00

25,000

10.07.15

Paul Johnson

Buy

Option Exercise

1,670,000

1.00

16,700

10.07.15

Alex Borrelli

Buy

Option Exercise

500,000

1.00

5,000

06.07.15

Paul Johnson

Buy

On Market

1,500,000

0.97

14,500

29.12.14

Paul Johnson

Buy

On Market

250,000

0.98

2,440

15.12.14

Paul Johnson

Buy

On Market

375,000

0.85

3,188

18.07.14

Paul Johnson

Buy

Off Market

3,500,000

0.50

17,500

18.07.14

Alex Borrelli

Buy

Off Market

2,500,000

0.50

12,500








Total




44,500,000


355,478

 

Director Shareholdings in Metal Tiger plc at 7th March 2016:

 







Amount





% of Issued


Invested

Director


Shares Held


Share Capital


Since July 2014








Terry Grammer (Chairman)

30,000,000


6.78%


£240,000








Paul Johnson (CEO)

9,000,000


2.00%


         £72,978

 








Cameron Parry (NED)

2,500,000


0.56%


£25,000








Alex Borrelli (NED)

5,400,000


1.22%


£17,500

 

 

 

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

 

Paul Johnson (Chief Executive Officer)


Tel: +44 (0)7766 465 617

Terry Grammer (Non- Executive Chairman)


Tel: +44 (0)207 099 0738

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 listed on the London Stock Exchange AIM Market ("AIM") with the trading code MTR and invests in high potential mineral projects with a precious and strategic metals focus. 

 

The Company'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.  The Company's key strategic objective is to ensure the distribution to shareholders of major returns achieved from disposals.

 

Metal Tiger's Metal Projects Division is focused on the development of its key project interests in Botswana, Spain and Thailand.   In Botswana Metal Tiger has a growing interest in the large and highly prospective Kalahari copper/silver belt.  In Spain Metal Tiger the Company has tungsten and gold interests in the highly mineralised Extremadura region. In Thailand Metal Tiger has expanding interests over licences, applications and critical historical data covering antimony, copper, gold, silver, lead and zinc opportunities.

 

The Company has access to a diverse pipeline of new opportunities focused on the natural resource sector including physical resource projects, new natural resource centred technologies and resource sector related fintech opportunities.  Pipeline projects deemed commercially may be undertaken by Metal Tiger or by an ISDX or AIM partner with whom the Company is engaged. 

 

Metal Tiger also has an Asset Trading Division that holds various financial instruments for trading purposes including equities, warrants and royalty income.  The aim of the division is to generate profits to reinvest into the Company's project based activities.

                                                                                                                     

 


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