Director/PDMR Shareholding

Released : 20.10.2017

RNS Number : 1936U
Argos Resources Ltd
20 October 2017
 

 

 

ARGOS RESOURCES LIMITED

("Argos" or "the Company")

 

Director / PDMR Shareholding

 

Argos Resources Limited (AIM: ARG.L), the Falkland Islands based exploration company focused on the North Falkland Basin confirms that it has received notification that on 19 October 2017 that John Hogan, Managing Director of the Company, transferred for nil consideration a total of 1,000,000 Ordinary Shares to his daughter, who is of majority age and so is not a Person Closely Associated with Mr Hogan (within the meaning of the Market Abuse Regulation). As a result of this transaction, Mr Hogan's interest in the Company now stands at 750,000 shares, representing 0.34 per cent. of the Company's issued share capital.

 

For further information:

 

Argos Resources Limited (+500 22685)

www.argosresources.com

Ian Thomson, Chairman

John Hogan, Managing Director

 

Cenkos Securities plc (Nomad & Broker)

Derrick Lee (+44 131 220 9100)

Neil McDonald (+44 131 220 6939)

 

 

 

 

1   

Details of the person discharging managerial responsibilities / person closely associated

a)

Name

John Hogan

2.

Reason for the Notification

a)

Position/status

Managing Director

b)

Initial notification/Amendment

Initial

3.   

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

a)

Name

Argos Resources Ltd

b)

LEI

213800JFBALNFGTAJM89

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 2p each

Identification code

FK0114538241

b)

Nature of the transaction

Gift of shares

c)

Price(s) and volume(s)

Price(s)

Volume(s)

nil

1,000,000

d)

Aggregated information:

·     Aggregated volume

·     Price

 

N/A

e)

Date of the transaction

19 October 2017

f)

Place of the transaction

London Stock Exchange, AIM Market (ARG)






 

 


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