RNS Number : 6024Y

Ariana Resources PLC

02 January 2020

2 January 2020

AIM: AAU

Director/PDMR Shareholding

The Company has been informed that Michael de Villiers, Director, has bought, 16,222,041 Ordinary Shares of 0.1p each in Ariana ("Ariana Shares") at an average price of 2.454 pence (£398,088.88) via IEC Ltd, a company jointly owned by Michael de Villiers and his wife and at the same time Michael de Villiers has sold 16,222,041 Ariana Shares at an average price of 2.45 pence (£397,440) via Lucky Villa Holdings Limited, his wholly owned company.

Contacts:

Ariana Resources plc	Tel: +44 (0) 20 7407 3616
Michael de Villiers, Chairman
Kerim Sener, Managing Director
Beaumont Cornish Limited	Tel: +44 (0) 20 7628 3396
Roland Cornish / Felicity Geidt
Panmure Gordon (UK) Limited	Tel: +44 (0) 20 7886 2500
Atholl Tweedie / James Stearns
Yellow Jersey PR Limited	Tel: +44 (0) 20 3004 9512
Dominic Barretto / Harriet Jackson / Henry Wilkinson	arianaresources@yellowjerseypr.com

This announcement contains inside information under Article 7 of Regulation (EU) 596/2014.

1

Details  of  the  person  discharging  managerial  responsibilities  /  person  closely associated

a)

Name

Michael de Villiers

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

Ariana Resources plc

b)

LEI

213800LVVY7GZY21LH22

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 Ariana Resources plc ("Ariana Shares")

ISIN GB00B085SD50

Nature of the transaction

Michael de Villiers, Director, has bought, 16,222,041 Ordinary Shares of 0.1p each in Ariana ("Ariana Shares") at an average price of 2.454 pence (£398,088.88) via IEC Ltd, a company jointly owned by Michael de Villiers and his wife and at the same time Michael de Villiers has sold 16,222,041 Ariana Shares at an average price of 2.45 pence (£397,440) via Lucky Villa Holdings Limited, his wholly owned company.

c)

Price(s) and volumes(s)

Price(s)	Volumes(s)
2.454 pence (purchase by Mr de Villiers)	16,222,041
2.45 pence (sale by Mr de Villliers)	16,222,041

d)

Aggregated information

n/a

e)

Date of the transaction

30 December 2019

f)

Place of the transaction

LSE, AIM (XLON)

Ends.

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