Power Metal Resources plc (LON:POW) the AIM listed metals exploration and development company was notified that yesterday Value Generation Limited, a company beneficially owned by Paul Johnson, Chief Executive Officer of the Company, purchased on market 500,000 ordinary shares of 0.1 pence each in the Company (“Ordinary Shares”) at a price of 1.15p per Ordinary Share (£5,750 invested).
In addition, yesterday Paul Johnson purchased 500,000 Ordinary Shares through his Self-Invested Personal Pension (“SIPP”) at a price of 1.15p per share (a further £5,750 invested).
Following the above purchases Mr Johnson has a beneficial interest in a total of 58,000,000 Ordinary Shares, representing approximately 7.09% of the issued share capital of the Company.
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9 October 2020