GLR.L

Galileo Resources Plc
Galileo Resources - Director's Dealings
23rd April 2024, 16:04
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RNS Number : 7530L
Galileo Resources PLC
23 April 2024
 

23 April 2024

 

Galileo Resources Plc

("Galileo" or the "Company")

 

Director dealings

Galileo, the exploration and development mining company, announces that it was informed on 22 April 2024 that on the same date, Colin Bird, Executive Chairman of Galileo and Richard Wollenberg, Non-Executive Director acquired 850,000 Ordinary Shares of 0.1p in the Company ("Ordinary Shares") at a price of 1.2p per share and 250,000 Ordinary Shares of 0.1p at a price of 1.25p respectively. Following this transaction, Colin Bird is interested in 79,455,862 Ordinary Shares representing 6.83% of the issued share capital and Richard Wollenberg is interested in 13,825,511 Ordinary Shares representing 1.19% of the issued share capital.

 

Following the acquisition of the shares, Colin Bird's and Richard Wollenberg's interest in Galileo is as follows:

 

Director

Purchase price of Shares

Shares purchased

Total Shareholding following the purchase of Shares

% Shareholding in the issued share capital

Colin Bird

1.2p

850,000

79,455,862

6.83%

Richard Wollenberg

1.25p

250,000

13,825,511

1.19%

 

 

A copy of this announcement is available on the Company's website www.galileoresources.com.

You can also follow Galileo on Twitter: @GalileoResource.

 

You can also follow Galileo on Twitter: @GalileoResource

For further information, please contact: Galileo Resources PLC

 

Colin Bird, Chairman

Edward Slowey, Executive Director

Tel +44 (0) 20 7581 4477

Tel +353 (0) 601 4466

 

Beaumont Cornish Limited - Nomad

Roland Cornish/James Biddle

Tel +44 (0) 20 7628 3396

Novum Securities Limited - Joint Broker

Colin Rowbury /Jon Belliss

+44 (0) 20 7399 9400

Shard Capital Partners LLP - Joint Broker

Damon Heath

Tel +44 (0) 20 7186 9952

 

The following information relating to the transaction has been filed with the FCA in accordance with Article 19(1) of the Market Abuse Regulation,

1

Details of the person discharging managerial responsibilities / person closely associated

a)

Name

Colin Bird

2

Reason for notification

a)

Position / status

Chairman

b)

Initial notification

/Amendment

Initial

3

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

a)

Name

Galileo Resources plc

 

b)

LEI

213800KSRIVLX7BJSP45

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

 

Identification code

Ordinary shares of 0.1 pence each in Galileo Resources plc

Issue of Ordinary Shares

ISIN GB00B115T142

 


Nature of the transaction

Issue of Ordinary Shares

 

c)

Price(s) and volumes(s)

 

Price(s)

Volumes(s)

1.2 pence

850,000

 

d)

Aggregated information

n/a

e)

Date of the transaction

22 April 2024

f)

Place of the transaction

On market

 

 

1

Details of the person discharging managerial responsibilities / person closely associated

a)

Name

Richard Wollenberg

2

Reason for notification

a)

Position / status

Non-Executive Director

b)

Initial notification

/Amendment

Initial

3

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

a)

Name

Galileo Resources plc

 

b)

LEI

213800KSRIVLX7BJSP45

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

 

Identification code

Ordinary shares of 0.1 pence each in Galileo Resources plc

Issue of Ordinary Shares

ISIN GB00B115T142

 


Nature of the transaction

Issue of Ordinary Shares

 

c)

Price(s) and volumes(s)

 

Price(s)

Volumes(s)

1.25 pence

250,000

 

d)

Aggregated information

n/a

e)

Date of the transaction

22 April 2024

f)

Place of the transaction

On market

 

 

END

 

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