Amur Minerals Corporation Director and Executive Share Purchase Program (0862L)
17 April 2018 - 8:01AM
UK Regulatory
TIDMAMC
RNS Number : 0862L
Amur Minerals Corporation
17 April 2018
17 April 2018
AMUR MINERALS CORPORATION
(AIM: AMC)
Director and Executive Share Purchase Programme
Amur Minerals Corporation ("Amur" or the "Company"), the
nickel-copper sulphide mineral exploration and resource development
company focused on the far east of Russia, is pleased to announce
that the Directors and Executive Management of the Company have
today entered into an irrevocable, non-discretionary share purchase
program (the "Purchase Programme" or the "Programme") pursuant to
which the Company will arrange for a broker to buy ordinary shares
in the Company from the open market on behalf of the Directors and
Executive Management.
The Purchase Programme will consist of 12 monthly purchase
events occurring on the 20(th) day of each month beginning on the
20(th) April 2018 and ending on the 20(th) of March 2019. During
the period, the Company has no power to invoke any changes to the
authority and any purchases will be undertaken by a broker, acting
independently of, and uninfluenced by the Company. The Purchase
Programme will be for a total cash value of GBP60,000 (GBP5,000
monthly) with all purchases being made in the open market. Should
the 20(th) of any month fall on a non-trading day, then the
purchase will occur on the first trading day after the 20(th) . The
results of each purchase event will be reported by RNS on the
following day.
Purchases will be made each month in respect of certain persons
discharging managerial responsibilities ("PDMR") pursuant to the
Program, further details of which are set out below:
Cash value
Name of PDMR per month
GBP
---------------- -----------
Robert Schafer 625.00
---------------- -----------
Robin Young 625.00
---------------- -----------
Brian Savage 625.00
---------------- -----------
Lou Naumovski 625.00
---------------- -----------
Paul Gazzard 625.00
---------------- -----------
Jack Swanson 625.00
---------------- -----------
Randy Lewis 625.00
---------------- -----------
Paul McKay 625.00
---------------- -----------
Market Abuse Regulation (MAR) Disclosure
Certain information contained in this announcement would have
been deemed inside information for the purposes of Article 7 of
Regulation (EU) No 596/2014 until the release of this
announcement.
Company Nomad and Broker Public Relations
Amur Minerals S.P. Angel Corporate Yellow Jersey
Corp. Finance LLP
Robin Young Ewan Leggat Dominic Barretto
CEO Soltan Tagiev Harriet Jackson
+7 (4212) +44 (0) 20 3470 +44 (0) 7544
75 56 15 0470 275 882
For additional information on the Company, visit the Company's
website, www.amurminerals.com.
This information is provided by RNS
The company news service from the London Stock Exchange
END
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