LONDON, October 07, 2022--(BUSINESS WIRE)--
07 October 2022
Metal Tiger plc
("Metal Tiger" or the "Company")
Metal Tiger plc (AIM: MTR, ASX: MTR), the AIM and ASX listed investor in natural resources opportunities, notes that today, the Company’s Chief Executive Officer, Michael McNeilly, purchased, in aggregate 100,000 ordinary shares of 0.1 pence each in the capital of the Company ("Ordinary Shares") on market at an average price of 15.195 pence per share, for a total consideration of £15,195.
Following these purchases, Michael McNeilly is interested in 950,000 Ordinary Shares, representing 0.56% of the Company’s issued share capital.
PDMR Notification Form:
The notification below is made in accordance with the requirements of the Market Abuse Regulation:
Details of the person discharging managerial responsibilities / person closely associated
Reason for the Notification
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
Metal Tiger plc
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
Description of the Financial instrument, type of instrument
Ordinary Shares of 0.1 pence each
Nature of the Transaction
Price(s) and volume(s)
15.195 pence 100,000
Aggregated volume Price
100,000 shares at 15.195 pence per share
Date(s) of the transaction(s)
7 October 2022
Place of the transaction
For further information on the Company, visit www.metaltigerplc.com:
(Chief Executive Officer)
Tel: +44 (0)20 3287 5349
(Chief Investment Officer)
Strand Hanson Limited (Nominated Adviser)
Tel +44 (0)20 7409 3494
Arden Partners plc (Broker)
Tel: +44 (0)20 7614 5900
Camarco (Financial PR)
Tel: +44 (0)20 3757 4980
Notes to Editors:
Metal Tiger PLC is admitted to the AIM market of the London Stock Exchange AIM Market ("AIM") and the ASX Market of the Australian Securities Exchange Market ("ASX") with the trading code MTR and invests in high potential mineral projects with a base, precious and strategic metals focus.
The Company's target is to deliver a high return for shareholders by investing in significantly undervalued and/or high potential opportunities in the mineral exploration and development sector.
Equity Investments invests in undervalued natural resource companies. The majority of its investments are listed on AIM, the TSX and the ASX, which includes its interest in Sandfire Resources Limited (ASX: SFR). The Company also considers selective opportunities to invest in private natural resource companies, typically where there is an identifiable path to IPO.
The Company actively assesses new investment opportunities on an on-going basis and has access to a diverse pipeline of new opportunities in the natural resources and mining sectors. For pipeline opportunities deemed sufficiently attractive, Metal Tiger may invest in the project or entity by buying publicly listed shares, by financing privately and/or by entering into a joint venture.
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Metal Tiger plc