SolGold PLC Announces PDMR Dealing

Rhea-AI Summary

SolGold plc (LSE:SOLG)(TSX:SOLG) announced that Christopher Stackhouse, the company's Chief Financial Officer, acquired 105,000 Ordinary Shares on July 17, 2024. The shares were purchased at CAD0.185 per share, totaling CAD19,425. Following this acquisition, Stackhouse now holds 320,000 Ordinary Shares, representing 0.01% of the company's issued share capital. This transaction was reported as part of the company's obligation to disclose dealings by persons discharging managerial responsibilities.

Positive

• CFO Christopher Stackhouse increased his stake in the company, potentially indicating confidence in SolGold's future prospects
• The insider purchase may be viewed positively by investors as a sign of management's belief in the company's value

Negative

• None.

BISHOPSGATE, LONDON / ACCESSWIRE / July 18, 2024 / SolGold plc (LSE:SOLG)(TSX:SOLG) has received notification on 17 July 2024 from Christopher Stackhouse, Chief Financial Officer of the Company, that on 17 July 2024 he had acquired 105,000 Ordinary Shares of £0.01 each in the Company at a price of CAD0.185 per Ordinary Share of £0.01 each in the Company for the total consideration of CAD19,425. Following this acquisition, Christopher Stackhouse holds 320,000 Ordinary Shares of £0.01 each in the Company representing 0.01% of the issued share capital of the Company.

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.

	Details of the person discharging managerial responsibilities/person closely associated
a)	Name:	Christopher Stackhouse
2.	Reason for the notification
a)	Position/status:	CFO
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:	Acquisition of Ordinary Shares
c)	Price(s) and volume(s):	Price(s) Volume(s) CAD0.185 105,000
d)	Aggregated information: Aggregated volume: Price: Total:	105,000 CAD0.185 CAD19,425
e)	Date of the transaction:	17 July 2024
f)	Place of the transaction:	Toronto 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 did SolGold's CFO Christopher Stackhouse acquire on July 17, 2024?

Christopher Stackhouse acquired 105,000 Ordinary Shares of SolGold plc (SLGGF) on July 17, 2024.

What was the purchase price per share for SolGold (SLGGF) stock in the CFO's recent acquisition?

The purchase price was CAD0.185 per Ordinary Share of SolGold plc (SLGGF).

What is the total value of SolGold (SLGGF) shares acquired by the CFO in this transaction?

The total value of the shares acquired by Christopher Stackhouse was CAD19,425.

How many SolGold (SLGGF) shares does CFO Christopher Stackhouse hold after this acquisition?

After this acquisition, Christopher Stackhouse holds 320,000 Ordinary Shares of SolGold plc (SLGGF).

What percentage of SolGold's (SLGGF) issued share capital does the CFO now own?

Christopher Stackhouse now owns 0.01% of SolGold plc's (SLGGF) issued share capital.