Karelian Diamond Resources plc
(“Karelian Diamonds” or “the Company”)
17 July 2019
Director / PDMR Dealing
Karelian Diamonds (AIM:KDR) was informed on 16 and 17 July 2019 that, on 15 and 16 July 2019, Professor Richard Conroy, the Chairman of the Company, purchased a total of 750,000 ordinary shares of €0.00025 each (“Ordinary Shares”) in the Company at an average price of 3.69 pence per Ordinary Share. Professor Conroy now holds 4,906,311 Ordinary Shares, equivalent to 13.26% of the ordinary share capital of the Company.
For further information please contact:
| Karelian Diamond Resources plc |
Tel: +353-1-479-6180 |
| Professor Richard Conroy, Chairman |
|
| Allenby Capital Limited (Nomad) |
Tel: +44-20-3328-5656 |
| Nick Athanas/Nick Harriss |
|
| Brandon Hill Capital Limited (Broker) |
Tel: +44-20-3463-5000 |
| Jonathan Evans |
|
| Lothbury Financial Services |
Tel: +44-20-3290-0707 |
| Michael Padley |
|
| Hall Communications |
Tel: +353-1-660-9377 |
| Don Hall |
|
www.kareliandiamondresources.com
Notification and public disclosure of transactions by persons discharging managerial responsibilities and persons closely associated with them:
| 1 |
Details of the person discharging managerial responsibilities / person closely associated |
| a) |
Name |
Professor Richard Conroy |
| 2 |
Reason for the notification |
| a) |
Position/status |
Chairman |
| b) |
Initial notification /Amendment |
Initial notification |
| 3 |
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor |
| a) |
Name |
Karelian Diamond Resources plc |
| b) |
LEI |
63540092EZYLYI8LGX48 |
| 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 €0.00025
IE00BD09HK61 |
| b) |
Nature of the transaction |
Purchase of Ordinary Shares |
| c) |
Price(s) and volume(s) |
| Price(s) |
Volume(s) |
3.50p
3.70p
3.86p |
250,000
250,000
250,000 |
|
| d) |
Aggregated information
- Aggregated volume
- Price |
750,000
3.69p |
| e) |
Date of the transaction |
15 July 2019 / 16 July 2019 |
| f) |
Place of the transaction |
AIM - London Stock Exchange |