Anglo Pacific Group PLC ('Anglo Pacific', the 'Company') (LSE: APF, TSX: APY) announces that it received notification of the following transactions by Mr. Julian Treger, Chief Executive Officer of the Company and a person closely associated with Mr. Treger.
On 28 November 2019, Mr. Treger acquired 30,000 ordinary shares of 2 pence each in the Company ('Shares') at an approximate price of 183.60p per share.
Between 27 and 29 November 2019, Kings Chapel International Limited ('KCIL'), a person closely associated with Mr. Treger, sold 243,158 Shares at an average approximate price of 183.51p per share. This transaction was to rebalance the composition of the investments held by KCIL.
Mr. Treger and a person closely associated with him have made a significant investment in Shares of the Company since Mr. Treger became Chief Executive Officer in October 2013. In total, prior to this announcement, Mr. Treger and persons closely associated with him had invested approximately GBP6.0m acquiring Shares in the Company. These Shares had all been acquired on the London Stock Exchange at market price and not under any option package.
Following this notification, the total beneficial holding of Shares by Mr. Treger and persons closely associated with him is 5,478,296 Shares, representing 3.018% of the issued ordinary share capital of the Company.
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About the Company
Anglo Pacific Group PLC is a global natural resources royalty and streaming company. The Company's strategy is to develop a leading international diversified royalty and streaming company with a portfolio centred on base metals and bulk materials, focusing on accelerating income growth through acquiring royalties on projects that are currently cash flow generating or are expected to be within the next 24 months, as well as investment in earlier stage royalties. It is a continuing policy of the Company to pay a substantial portion of these royalties to shareholders as dividends.
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