Anglo Pacific Group PLC (the “Company”) (LSE: APF, TSX: APY) announces that on 10 October 2018 the Company issued and allotted 51,453 new ordinary shares of 2 pence each in the Company (“Shares”) as a result of the vesting and subsequent exercise of share options previously granted on 1 October 2015 by a number of employees, including Mr. Kevin Flynn, Chief Financial Officer and Mr. Juan Alvarez, Head of Investments.
Mr. Flynn exercised 25,974 options to subscribe for Shares, which were granted at 77p each, and subsequently sold 13,910 shares as detailed in the table below. The Company was also informed that Mr Flynn today purchased 230 Shares and that his wife purchased 670 Shares.
Mr. Alvarez exercised 6,493 options to subscribe for Shares, which were granted at 77p each, and subsequently sold those shares as detailed in the table below.
Following this notification, the total beneficial holding of Shares by Mr. Flynn and his connected persons is now 30,382 Shares and the total beneficial holding of Shares by Mr. Alvarez and his connected persons remains at 4,000 Shares, representing 0.017% and 0.002% respectively, of the issued ordinary share capital of the Company.
Application has been made to the London Stock Exchange and admission of the Shares is expected on or around 16 October 2018. An application has been made to the Toronto Stock Exchange (the “TSX”) to list the Shares.
Following admission the total issued share capital of the Company will be 181,470,392 Shares. This figure may be used by shareholders as the denominator for the calculations by which they will determine whether they are required to notify their interest in, or a change in their interest in, the share capital of the Company under the FCA’s Disclosure Guidance and Transparency Rules.
More information on the CSOP is available in the Company’s 2013 Annual Report, which can be found at www.anglopacificgroup.com.
PDMR Share Dealings – Further information
The notification 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.