Power Metal Resources plc (LON:POW) the AIM listed metals exploration and development company was notified that today Paul Johnson, Chief Executive Officer of the Company, purchased on market 1,000,000 ordinary shares of 0.1 pence each in the Company (“Ordinary Shares”) at a price of 1.1275p per Ordinary Share through his Self-Invested Personal Pension.
In addition, Value Generation Limited, a company a company beneficially owned by Paul Johnson, purchased on market 400,000 Ordinary Shares at 1.125p per Ordinary Share.
In total 1,400,000 Ordinary Shares were purchased at average price of 1.12678p for a total amount invested of £15,775.
Following the above purchases Mr Johnson has a beneficial interest in a total of 55,000,000 Ordinary Shares, representing approximately 7.13% of the issued share capital of the Company.
Please click the link below to see full details of the transaction.
5 August 2020