Power Metal Resources plc (LON:POW) the AIM listed African focused metals exploration and development company was notified that Andrew Bell, the Chairman of the Company, has purchased 250,000 ordinary shares of 0.1 pence each in the Company (“Ordinary Shares”) at a price of 0.4988 pence per Share.
Additionally Value Generation Limited, a company beneficially owned by Paul Johnson, the CEO of the Company, has purchased 250,000 Ordinary Shares at a price of 0.495 pence per Share.
Following this purchase, Mr Bell has a beneficial interest in a total of 11,520,000 Ordinary Shares, representing approximately 3.09% of the issued share capital of the Company and Mr Johnson has a beneficial interest in a total of 18,850,000 Ordinary Shares, representing approximately 5.06% of the issued share capital of the Company.
The notifications in the document linked below, made in accordance with the requirements of the EU Market Abuse Regulation, provide further detail on the director's share dealing.
31 October 2019