Anglo Pacific Group PLC (the “Company”) (LSE: APF, TSX: APY) has been notified that, further to results of the equity placing announced on 24 February 2021, the following Directors have acquired ordinary shares of 2p each in the Company (“Shares”) in the Placing and in the following amounts:
|Name||Role||Number of Placing Shares||Number of ordinary shares held immediately following admission||Per cent of issued ordinary shares held immediately following admission|
|Julian Treger||Chief Executive Officer||100,000||4,675,631||2.14%|
|Patrick Meier||Non-Executive Chairman||56,167||337,006||0.15%|
|Graeme Dacomb||Non-Executive Director||39,063||94,063||0.04%|
|Vanessa Dennett||Non-Executive Director||8,400||18,400||0.01%|
|James Rutherford||Non-Executive Director||68,593||118,593||0.05%|
|Robert Stan||Non-Executive Director||20,000||318,531||0.15%|
Mr. Treger’s participation in the Placing was via his pension fund acquiring 50,000 Shares and a person closely related to him, Kings Chapel International Limited also acquiring 50,000 Shares. Mr. Stan’s participation in the Placing was via a person closely related to him, Spruce Bluff Resources Limited, acquiring 20,000 Shares.
Deferred Bonus Plan
The Company also announces, that on 26 February 2021 the following awards over Shares in the Company were granted under the Deferred Share Bonus Plan (the “Plan”) to the Executive Directors:
|Name||Position in Company||Number of Ordinary Shares under Award|
|Julian Treger||Chief Executive Officer and Director||30,344|
|Kevin Flynn||Chief Financial Officer and Director||16,900|
As detailed in the Company’s Remuneration Policy in the 2019 Annual Report, 30% of the bonus due to the Company’s Executive Directors for the year ended 31 December 2020 has been satisfied through the grant of conditional awards under the Plan.
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