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Altus Strategies Plc (AIM:ALS, TSX-V:ALTS, OTCQX:ALTUF) disclosed that its CFO Martin Keylock purchased 6,728 ordinary shares at an average price of 86.55p each on February 22, 2021. This acquisition marks Keylock's first shareholding, representing approximately 0.01% of the company's outstanding shares. The transaction was reported in compliance with the EU Market Abuse Regulation. As a mining royalty company focused on Africa, Altus Strategies emphasizes responsible engagement with stakeholders and minimizing environmental impact.

Positive
  • CFO Martin Keylock's purchase of 6,728 shares reflects insider confidence in the company.
  • Investment in shares enhances the alignment of management and shareholder interests.
Negative
  • None.

DIDCOT, UK / ACCESSWIRE / February 23, 2021 / Altus Strategies Plc (AIM:ALS) (TSX-V:ALTS) (OTCQX: ALTUF) announces that it was informed on 22 February 2021 by Martin Keylock (Chief Financial Officer and Company Secretary) that he had purchased 6,728 ordinary shares of 5 pence par value each ("Ordinary Shares") at an average price of 86.55p per Ordinary Share.

Mr Keylock did not previously hold any Ordinary Shares. His holding of 6,728 Ordinary Shares represents 0.01% of the Company's outstanding issued Ordinary Share capital.

The information set out below is provided in accordance with the requirements of Article 19(3) of the EU Market Abuse Regulation No. 596/2014.

Notification and public disclosure of transactions by PMDR and persons closely associated with them.

1

Details of the person discharging managerial responsibilities / person closely associated

a)

Name

Martin Keylock

2

Reason for the notification

a)

Position / status

Chief Financial Officer and Company Secretary

b)

Initial notification / Amendment

Initial notification

3

Details of the issuer emission allowance market participant, auction platform, auctioneer or auction monitor

a)

Name

Altus Strategies plc

b)

LEI

2138001P93D9LMFIUA28

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

Ordinary Shares of £0.05 each

b)

Identification code

GB00BJ9TYB96

c)

Nature of the transaction

Purchase of Ordinary Shares

d)

Price(s) and volume(s)

6,728 shares at 86.55p

e)

Aggregated information

Aggregated volume

6,728 shares

Price

86.55p

f)

Date of the transactions

22 February 2021

g)

Place of the transactions

AIM

For further information you are invited to visit the Company's website www.altus-strategies.com or contact:

Altus Strategies Plc
Steven Poulton, Chief Executive
Tel:+44 (0) 1235 511 767
E: info@altus-strategies.com

SP Angel (Nominated Adviser)
Richard Morrison / Adam Cowl
Tel: +44 (0) 20 3470 0470

SP Angel (Broker)
Grant Barker / Richard Parlons
Tel: +44 (0) 20 3470 0471

Yellow Jersey PR (Financial PR & IR)
Georgia Colkin / Charles Goodwin / Henry Wilkinson
Tel: +44 (0) 20 3004 9512
E: altus@yellowjerseypr.com

About Altus Strategies Plc

Altus Strategies (AIM: ALS, TSX-V: ALTS & OTCQX: ALTUF) is a mining royalty company generating a diversified and precious metal focused portfolio of assets. The Company's focus on Africa and differentiated approach, of generating royalties on its own discoveries as well as through financings and acquisitions with third parties, has attracted key institutional investor backing. The Company engages constructively with all stakeholders, working diligently to minimise its environmental impact and to promote positive economic and social outcomes in the communities where it operates. For further information, please visit www.altus-strategies.com.

TSX Venture Exchange Disclaimer

Neither the TSX Venture Exchange nor the Investment Industry Regulatory Organization of Canada accepts responsibility for the adequacy or accuracy of this release.

Market Abuse Regulation Disclosure

Certain information contained in this announcement would have been deemed inside information for the purposes of Article 7 of Regulation (EU) No 596/2014 ("MAR") until the release of this announcement.

SOURCE: Altus Strategies Plc



View source version on accesswire.com:
https://www.accesswire.com/631363/PDMR-Dealings

FAQ

What does Martin Keylock's recent purchase of shares in ALTUF signify?

Martin Keylock's purchase indicates insider confidence in Altus Strategies and aligns management interests with shareholders.

When did Martin Keylock buy shares of Altus Strategies?

Martin Keylock purchased 6,728 shares of Altus Strategies on February 22, 2021.

How much did Martin Keylock pay for his shares in ALTUF?

Martin Keylock bought his shares at an average price of 86.55p each.

What percentage of Altus Strategies does Martin Keylock now own?

After the purchase, Martin Keylock owns approximately 0.01% of Altus Strategies' outstanding share capital.

What does Altus Strategies specialize in?

Altus Strategies is a mining royalty company focused on generating a diversified portfolio of precious metal assets in Africa.

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