STOCK TITAN

SolGold PLC Announces Director/PDMR Shareholding

Rhea-AI Impact
(Low)
Rhea-AI Sentiment
(Neutral)
Tags

SolGold PLC (LSE:SOLG)(TSX:SOLG) has announced a sale of 200,000 Ordinary Shares by the Mather Foundation , a Private Ancillary Fund associated with Non-Executive Director Nicholas Mather. The sale, completed on August 1, 2024, was to fulfill philanthropic obligations for donations to various charitable causes in Australia. The shares were sold at £0.11 each, totaling £22,000. It's important to note that Mr. Mather has no financial interest in the Mather Foundation's capital and does not benefit from it. This transaction is part of the foundation's annual requirement to monetize assets for charitable donations.

SolGold PLC (LSE:SOLG)(TSX:SOLG) ha annunciato una vendita di 200.000 azioni ordinarie da parte della Mather Foundation, un Fondo Privato Ancillare associato al Direttore Non Esecutivo Nicholas Mather. La vendita, completata il 1 agosto 2024, è stata realizzata per soddisfare obblighi filantropici per donazioni a varie cause benefiche in Australia. Le azioni sono state vendute a £0,11 ciascuna, per un totale di £22.000. È importante sottolineare che il Sig. Mather non ha nessun interesse finanziario nel capitale della Mather Foundation e non ne trae beneficio. Questa transazione è parte del requisito annuale della fondazione di monetizzare beni per donazioni caritatevoli.

SolGold PLC (LSE:SOLG)(TSX:SOLG) ha anunciado una venta de 200,000 acciones ordinarias por parte de la Mather Foundation, un Fondo Privado Auxiliar asociado con el Director No Ejecutivo Nicholas Mather. La venta, completada el 1 de agosto de 2024, se llevó a cabo para cumplir con obligaciones filantrópicas de donaciones a diversas causas benéficas en Australia. Las acciones se vendieron a £0.11 cada una, totalizando £22,000. Es importante destacar que el Sr. Mather no tiene ningún interés financiero en el capital de la Mather Foundation y no se beneficia de ello. Esta transacción es parte del requisito anual de la fundación de monetizar activos para donaciones caritativas.

솔골드 PLC(LSE:SOLG)(TSX:SOLG)는 비상임 이사인 니콜라스 매더(Nicholas Mather)와 연관된 사적 보조 기금인 매더 재단이 200,000주 보통주 판매를 발표했습니다. 이 판매는 2024년 8월 1일에 완료되었으며, 호주에서 다양한 자선 단체에 대한 기부를 위한 필란트로피 의무를 이행하기 위함입니다. 주식은 각 £0.11에 판매되어 총 £22,000이 되었습니다. 매더 씨가 매더 재단의 자본에 금전적 이해관계가 없으며 이익을 얻지 않는 것은 중요합니다. 이 거래는 자선 기부를 위한 자산을 현금화해야 하는 재단의 연간 요구 사항의 일환입니다.

SolGold PLC (LSE:SOLG)(TSX:SOLG) a annoncé une vente de 200 000 actions ordinaires par la Mather Foundation, un Fonds Privé Ancillaire associé au Directeur Non Exécutif Nicholas Mather. La vente, réalisée le 1er août 2024, a été faite pour répondre à des obligations philanthropiques de dons à diverses causes caritatives en Australie. Les actions ont été vendues à 0,11 £ chacune, pour un total de 22 000 £. Il est important de noter que M. Mather n'a aucun intérêt financier dans le capital de la Mather Foundation et n'en tire aucun bénéfice. Cette transaction fait partie de l'exigence annuelle de la fondation de monétiser des actifs pour des dons de bienfaisance.

SolGold PLC (LSE:SOLG)(TSX:SOLG) hat den Verkauf von 200.000 Stammaktien durch die Mather Foundation angekündigt, einen privaten Nebenfonds, der mit dem nicht geschäftsführenden Direktor Nicholas Mather verbunden ist. Der Verkauf, der am 1. August 2024 abgeschlossen wurde, diente der Erfüllung philanthropischer Verpflichtungen für Spenden an verschiedene Wohltätigkeitsorganisationen in Australien. Die Aktien wurden zu £0,11 pro Stück verkauft, insgesamt £22.000. Es ist wichtig zu erwähnen, dass Herr Mather kein finanzielles Interesse am Kapital der Mather Foundation hat und nicht davon profitiert. Diese Transaktion ist Teil der jährlichen Anforderung der Stiftung, Vermögenswerte für wohltätige Spenden zu monetarisieren.

Positive
  • None.
Negative
  • None.

LONDON, UNITED KINGDOM / ACCESSWIRE / August 12, 2024 / SolGold (LSE:SOLG)(TSX:SOLG) ("SolGold" or the "Company") has been advised of the sale of 200,000 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)

£0.11

200,000

d)

Aggregated information:

Aggregated volume:

Price:

Total:


200,000

£0.11

£22,000

e)

Date of the transaction:

1 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 shares of SolGold (SLGGF) were sold by the Mather Foundation ?

The Mather Foundation sold 200,000 Ordinary Shares of SolGold (SLGGF).

What was the purpose of the share sale by the Mather Foundation for SolGold (SLGGF)?

The sale was to address obligated philanthropic and charitable donations to organizations focused on prostate cancer research, mental health, homelessness, and emergency flight care services in Australia.

When did the transaction of SolGold (SLGGF) shares by the Mather Foundation take place?

The transaction took place on August 1, 2024.

What was the total value of the SolGold (SLGGF) shares sold by the Mather Foundation ?

The total value of the shares sold was £22,000, with each share priced at £0.11.

SOLGOLD PLC ORD

OTC:SLGGF

SLGGF Rankings

SLGGF Latest News

SLGGF Stock Data

375.14M
1.61B
52.84%
7.93%
Other Industrial Metals & Mining
Basic Materials
Link
United States of America
London