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SolGold PLC Announces Director/PDMR Shareholding

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SolGold PLC (LSE:SOLG)(TSX: SOLG) has announced the sale of 250,000 Ordinary Shares by the Mather Foundation , a Private Ancillary Fund associated with Non-Executive Director Nicholas Mather. The sale, finalized on August 12, 2024, was conducted to fulfill charitable obligations. Key points:

  • 250,000 shares sold at £0.102 each, totaling £25,500
  • Proceeds to support prostate cancer research, mental health, homelessness, and emergency flight care services in Australia
  • Mr. Mather has no financial interest in the Mather Foundation
  • Transaction executed on the London Stock Exchange

This sale is part of the Mather Foundation's annual requirement to monetize assets for charitable donations.

SolGold PLC (LSE:SOLG)(TSX: SOLG) ha annunciato la vendita di 250.000 azioni ordinarie da parte della Mather Foundation, un Fondo Privato Ancillare associato al Direttore Non Esecutivo Nicholas Mather. La vendita, finalizzata il 12 agosto 2024, è stata effettuata per soddisfare obblighi di beneficenza. Punti chiave:

  • 250.000 azioni vendute a £0,102 ciascuna, per un totale di £25.500
  • I proventi sosterranno la ricerca sul cancro alla prostata, la salute mentale, la lotta contro la senza dimora e servizi di emergenza per voli in Australia
  • Il signor Mather non ha alcun interesse finanziario nella Mather Foundation
  • Transazione eseguita presso la London Stock Exchange

Questa vendita fa parte del requisito annuale della Mather Foundation di monetizzare attivi per donazioni di beneficenza.

SolGold PLC (LSE:SOLG)(TSX: SOLG) ha anunciado la venta de 250,000 acciones ordinarias por parte de la Mather Foundation, un Fondo Privado Auxiliar asociado con el Director No Ejecutivo Nicholas Mather. La venta, finalizada el 12 de agosto de 2024, se realizó para cumplir con obligaciones benéficas. Puntos clave:

  • 250,000 acciones vendidas a £0.102 cada una, con un total de £25,500
  • Los ingresos apoyarán la investigación sobre el cáncer de próstata, la salud mental, la lucha contra la falta de vivienda y los servicios de atención de emergencia en Australia
  • El Sr. Mather no tiene ningún interés financiero en la Mather Foundation
  • Transacción ejecutada en la Bolsa de Valores de Londres

Esta venta es parte del requisito anual de la Mather Foundation para monetizar activos para donaciones benéficas.

SolGold PLC (LSE:SOLG)(TSX: SOLG)는 비상임 이사인 Nicholas Mather와 관련된 사설 보조 기금인 Mather Foundation이 250,000주를 판매했다고 발표했습니다. 2024년 8월 12일 완료된 이번 판매는 자선 의무를 이행하기 위해 실시되었습니다. 주요 사항:

  • 250,000주가 각각 £0.102에 판매되어 총 £25,500에 달함
  • 수익금은 호주에서 전립선암 연구, 정신 건강, 노숙자 문제 해결 및 긴급 비행 서비스 지원에 사용됨
  • Mather 씨는 Mather Foundation에 대한 재정적 관심이 없음
  • 거래는 런던 증권 거래소에서 실행됨

이번 판매는 Mather Foundation의 연간 자선 기부를 위한 자산 변환 요구 사항의 일부입니다.

SolGold PLC (LSE:SOLG)(TSX: SOLG) a annoncé la vente de 250 000 actions ordinaires par la Mather Foundation, un Fonds Privé Annexe associé au Directeur Non Exécutif Nicholas Mather. La vente, finalisée le 12 août 2024, a été réalisée pour satisfaire des obligations caritatives. Points clés:

  • 250 000 actions vendues à £0,102 chacune, totalisant £25 500
  • Les produits serviront à soutenir la recherche sur le cancer de la prostate, la santé mentale, la lutte contre le sans-abrisme et les services d'aviation d'urgence en Australie
  • M. Mather n'a aucun intérêt financier dans la Mather Foundation
  • Transaction exécutée à la Bourse de Londres

Cette vente fait partie des exigences annuelles de la Mather Foundation pour monétiser des actifs en vue de dons caritatifs.

SolGold PLC (LSE:SOLG)(TSX: SOLG) hat den Verkauf von 250.000 Stammaktien durch die Mather Foundation angekündigt, einen privaten Hilfsfonds, der mit dem nicht-exekutiven Direktor Nicholas Mather verbunden ist. Der Verkauf, der am 12. August 2024 abgeschlossen wurde, wurde durchgeführt, um charitable Verpflichtungen zu erfüllen. Wichtige Punkte:

  • 250.000 Aktien wurden zu je £0,102 verkauft, insgesamt £25.500
  • Die Erlöse unterstützen die Prostatakrebsforschung, psychische Gesundheit, Obdachlosigkeit und Notfallflugdienste in Australien
  • Herr Mather hat kein finanzielles Interesse an der Mather Foundation
  • Transaktion an der London Stock Exchange ausgeführt

Dieser Verkauf ist Teil der jährlichen Anforderung der Mather Foundation, Vermögenswerte für wohltätige Spenden zu monetarisieren.

Positive
  • Fulfillment of charitable obligations, potentially enhancing company's social responsibility image
Negative
  • Insider selling of 250,000 shares, which might be perceived negatively by the market

LONDON, UK / ACCESSWIRE / August 14, 2024 / SolGold (LSE:SOLG)(TSX: SOLG) ("SolGold" or the "Company") has been advised of the sale of 250,000 Ordinary Shares of £0.01 each in the Company by the Mather Foundation Limited, a Private Ancillary Fund of which SolGold Non-Executive Director Nicholas Mather is a Trustee Director.

The sale was finalised to address obligated philanthropic and charitable donations to prostate cancer research, mental health and homelessness organisations and emergency flight care services in Australia. Each financial year the Mather Foundation is required to monetise assets and make cash donations to third-party charitable organisations. Mr Mather has no financial interest in the capital of the Mather Foundation and does not derive income or any other benefit from it.

CONTACTS

Scott Caldwell
Chief Executive Officer
SolGold plc

Tel: +44 (0) 20 3807 6996


Tavistock (Media)
Jos Simson/Gareth Tredway

Tel: +44 (0) 20 7920 3150


NOTIFICATION AND PUBLIC DISCLOSURE OF TRANSACTIONS BY PERSONS DISCHARGING MANAGERIAL RESPONSIBILITIES AND PERSONS CLOSELY ASSOCIATED WITH THEM.

1.

Details of the person discharging managerial responsibilities/person closely associated

a)

Name:

Mather Foundation Limited

2.

Reason for the notification

a)

Position/status:

Mather Foundation Limited, an entity closely associated with Nicholas Mather - Director of SolGold plc

b)

Initial notification/Amendment:

Initial notification

3.

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

a)

Name:

SolGold plc

b)

LEI:

213800HGFADQBMIEVI76

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:

Identification code:

Ordinary Shares of £0.01


GB00B0WD0R35

b)

Nature of the transaction:

Sale of Shares

c)

Price(s) and volume(s):


Price(s)

Volume(s)

£0.102

250,000

d)

Aggregated information:

Aggregated volume:

Price:

Total:


250,000

£0.102

£25,500

e)

Date of the transaction:

12 August 2024

f)

Place of the transaction:

London Stock Exchange

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.

SOURCE: SolGold PLC



View the original press release on accesswire.com

FAQ

How many SolGold shares were sold by the Mather Foundation on August 12, 2024?

The Mather Foundation sold 250,000 Ordinary Shares of SolGold (SLGGF) on August 12, 2024.

What was the price per share for the SolGold stock sale on August 12, 2024?

The SolGold (SLGGF) shares were sold at a price of £0.102 per share.

What is the total value of the SolGold share sale by the Mather Foundation?

The total value of the SolGold (SLGGF) share sale by the Mather Foundation was £25,500.

Why did the Mather Foundation sell SolGold shares in August 2024?

The Mather Foundation sold SolGold (SLGGF) shares to address obligated philanthropic and charitable donations to various organizations in Australia.

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