24 October 2019
Rainbow Rare Earths Limited
("Rainbow" or the "Company")
Director/PDMR Shareholding
The Company announces that Jim Wynn, CFO and a PDMR of the Company, has entered into a share transaction, the purpose of which was to transfer shares previously held in a general share account into his share ISA.
The net effect of this transaction leaves his overall shareholding unchanged.
For further information, please contact:
Rainbow Rare Earths Ltd |
George Bennett Jim Wynn |
Tel: +27 82 652 8526 Tel: +44 (0) 20 3910 4551 |
Turner Pope Investments |
James Pope |
Tel: +44 (0) 20 3657 0050 |
St Brides Partners Ltd |
Priit Piip |
Tel: +44 (0) 20 7236 1177 |
1. |
Details of the person discharging managerial responsibilities / person closely associated |
a) |
Name |
Jim Wynn |
2. |
Reason for the notification |
a) |
Position/status |
CFO |
b) |
Initial notification/Amendment |
Initial notification |
3. |
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor |
a) |
Name |
Rainbow Rare Earths Limited |
b) |
LEI |
213800HONYSAXTG6KS11 |
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 No Par Value GG00BD59ZW98 |
b) |
Nature of the transaction |
Disposal and Purchase of Shares of No Par Value |
c) |
Price(s) and volume(s) |
Price(s) |
Volume(s) |
£0.025 |
844,688 - Disposed |
|
|
£0.026 |
844,688 - Purchased |
d) |
Aggregated information - Aggregated volume - Price |
As above |
e) |
Date of the transaction |
2019-10-23 |
f) |
Place of the transaction |
Outside of a trading venue |