LONDON, UK / ACCESSWIRE / January 30, 2020 / Anglo Pacific Group PLC ("Anglo Pacific", the "Company") (LSE:APF)(TSX:APY) announces that on 24 January 2020 the following awards over ordinary shares of 2p each in the Company ("Shares") were granted under the Deferred Share Bonus Plan (the "Plan") to the following persons discharging managerial responsibilities:
As detailed in the Company's Remuneration Policy in the 2018 Annual Report, 20% of the bonus due to the Company's Executive Directors for the year ended 31 December 2019 has been satisfied through the grant of conditional awards under the Plan.
The Company also received notification of the following transactions by Mr. Graeme Dacomb, Non-Executive Director and Kevin Flynn, Chief Financial Officer and Executive Director of the Company.
On 27 January 2020, Mr. Dacomb acquired 10,000 Shares at a price of 174.00p per share.
On 29 January 2020, Mr. Flynn acquired 2,730 Shares at a price of 174.78p per share.
The transactions took place on the London Stock Exchange.
Following this notification, the total beneficial holding of Shares by Mr. Dacomb is 35,000 Shares and the total beneficial holding of Mr. Flynn and persons closely associated is 36,066 Shares, representing 0.01%, and 0.02% respectively of the issued ordinary share capital of the Company.
Director Share Dealings - Further information
The notifications below, made in accordance with the requirements of the EU Market Abuse Regulations, provides further detail in respect of the transactions as described at the beginning of this announcement.
For further information:
Notes to Editors
About the Company
Anglo Pacific Group PLC is a global natural resources royalty and streaming company. The Company's strategy is to develop a leading international diversified royalty and streaming company with a portfolio centred on base metals and bulk materials, focusing on accelerating income growth through acquiring royalties on projects that are currently cash flow generating or are expected to be within the next 24 months, as well as investment in earlier stage royalties. It is a continuing policy of the Company to pay a substantial portion of these royalties to shareholders as dividends.
This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.
SOURCE: Anglo Pacific Group PLC
View source version on accesswire.com:
https://www.accesswire.com/574597/Anglo-Pacific-Group-PLC-Announces-Deferred-Bonus-Plan-Directors-Share-Dealings
