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Kendrick Resources PLC

Director/PDMR Share Purchase

Source: RNS
RNS Number : 6323T
Kendrick Resources PLC
24 June 2024
 

A logo for a company Description automatically generated with medium confidence

24 June 2024

 

Kendrick Resources Plc
("Kendrick" or the "Company")

 

 

Director's Dealings

 

Kendrick Resources Plc (LSE: KEN), the mineral exploration and development company building vanadium, nickel and copper battery metal projects in Scandinavia has been notified that its Executive Chairman Colin Bird on 21 June 2024 purchased 1,000,000 ordinary shares of par value £0.0003 each in the Company ("Shares") at an average price of 0.8095 pence per Share ("Share Purchase").  As a result of the Share Purchase Colin Bird now has an interest in 47,819,227 Shares representing  19.61% of the Company's Shares.   

 

 

This announcement contains information which, prior to its disclosure, was inside information as stipulated under Regulation 11 of the Market Abuse (Amendment) (EU Exit) Regulations 2019/310 (as amended).

 

For additional information please contact:

 

Kendrick Resources Plc:

Chairman

 

Tel: +44 2039 616 086

Colin Bird

Novum Securities

Financial Adviser

Joint Broker

Tel: +44 207 399 9400

David Coffman / George Duxberry

Jon Bellis

 

Shard Capital Partners LLP

Joint Broker

Tel: +44 207 186 9952

Damon Heath / Isabella Pierre

 

 

PDMR Notification Forms:

The notifications below are made in accordance with the requirements of MAR.

 

1.

Details of the person discharging managerial responsibilities / person closely associated

 

a)

Name

Colin Bird

 

2.

Reason for the Notification

 

a)

Position/status

Executive Chairman & Director

 

b)

Initial notification/amendment

Initial notification

 

3.

Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor

 

a)

Name

Kendrick Resources PLC

 

b)

LEI

213800U66STYS4VQZH68

 

4.

Details of the transaction(s):section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted

 

a)

Description of the Financial instrument, type of instrument

Ordinary shares of 0.03p

 

Identification code

ISIN: GB00BNBQZW49

TIDM: KEN

 

b)

Nature of the Transaction

Purchase of shares

 

 

c)

Price(s) and volume(s)

No. of Shares

500,000

500,000

Price

0.789 pence

0.83 pence

 

d)

Aggregated information

- Aggregated volume

- Total Price

 

1,000,000

£8,095

 

e)

Date of the transaction

21 June 2024

 

f)

Place of the transaction

XLON

 

 

 

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