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anglo pacific group plc

Anglo Pacific Group Grant of awards under Deferred Bonus Plan

Anglo Pacific Group (LON:APF) today announced that on 24 January 2020 the following awards over ordinary shares of 2p each in the Company were granted under the Deferred Share Bonus Plan to the following persons discharging managerial responsibilities:

NamePosition in CompanyNumber of Ordinary Shares under Award
Julian TregerChief Executive Officer and Director33,976
Kevin FlynnChief Financial Officer and Director16,835

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.

1.            Details of the person discharging managerial responsibilities / person closely associated
a.            NameJulian Treger
2.            Reason for the notification
a.            Position/statusChief Executive Officer and Executive Director of Anglo Pacific Group PLC
b.            Initial notification/AmendmentInitial Notification
3.            Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a.           NameAnglo Pacific Group PLC
b.           Legal Entity Identifier code213800LXSV317746JZ71
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 theFinancial instrument, typeof instrumentIdentification code2p Ordinary Shares  GB0006449366
b.            Nature of the transactionGrant of a conditional award under the Anglo Pacific Group PLC Deferred Share Bonus Plan
c.            Price(s) and volume(s) Price(s) Volume(s)Nil33,976 
d.            Aggregated information·    Aggregated volume·    PriceNot applicable – single transaction
e.            Date of the transaction24 January 2020
f.            Place of the transactionOutside a trading venue
1.            Details of the person discharging managerial responsibilities / person closely associated
a.            NameKevin Flynn
2.            Reason for the notification
a.            Position/statusChief Financial Officer and Executive Director of Anglo Pacific Group PLC
b.            Initial notification/AmendmentInitial Notification
3.            Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a.           NameAnglo Pacific Group PLC
b.           Legal Entity Identifier code213800LXSV317746JZ71
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 theFinancial instrument, typeof instrumentIdentification code2p Ordinary Shares  GB0006449366
b.            Nature of the transactionGrant of a conditional award under the Anglo Pacific Group PLC Deferred Share Bonus Plan
c.            Price(s) and volume(s) Price(s) Volume(s)Nil16,835 
d.            Aggregated information·    Aggregated volume·    PriceNot applicable – single transaction
e.            Date of the transaction24 January 2020
f.            Place of the transactionOutside a trading venue
1.            Details of the person discharging managerial responsibilities / person closely associated
a.            NameGraeme Dacomb
2.            Reason for the notification
a.            Position/statusNon-Executive Director of Anglo Pacific Group PLC
b.            Initial notification/AmendmentInitial Notification
3.            Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a.           NameAnglo Pacific Group PLC
b.           Legal Entity Identifier code213800LXSV317746JZ71
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 theFinancial instrument, typeof instrumentIdentification code2p Ordinary Shares  GB0006449366
b.            Nature of the transactionAcquisition of Shares
c.            Price(s) and volume(s) Price(s) Volume(s)174.00p10,000 
d.            Aggregated information·    Aggregated volume·    Price 10,000174.00p
e.            Date of the transaction27 January 2020
f.            Place of the transactionLondon Stock Exchange, Main Market (XLON)
5.            Details of the person discharging managerial responsibilities / person closely associated
a.            NameKevin Flynn
6.            Reason for the notification
a.            Position/statusChief Financial Officer and Executive Director of Anglo Pacific Group PLC
b.            Initial notification/AmendmentInitial Notification
7.            Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a.           NameAnglo Pacific Group PLC
b.           Legal Entity Identifier code213800LXSV317746JZ71
8.            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 theFinancial instrument, typeof instrumentIdentification code2p Ordinary Shares  GB0006449366
b.            Nature of the transactionAcquisition of Shares
c.            Price(s) and volume(s) Price(s) Volume(s)174.78p2,730 
d.            Aggregated information·    Aggregated volume·    Price 2,730174.78p
e.            Date of the transaction29 January 2020
f.            Place of the transactionLondon Stock Exchange, Main Market (XLON)

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Disclaimer: Statements in this article should not be considered investment advice, which is best sought directly from a qualified professional.