Director Dealing

LONDON--()--

15 February 2019

Metal Tiger Plc

("Metal Tiger" or the "Company")

Director Dealing

Metal Tiger plc (LON:MTR) announces that, on 14 February 2019, Mark Potter, Chief Investment Officer and Director, purchased, on market, 300,000 ordinary shares of 0.01p each in the Company (“Ordinary Shares”) at an average price of 1.27 pence per share. Following this purchase, Mark Potter is interested in 6,300,000 Ordinary Shares, representing approximately 0.47% of the Company’s issued share capital.

In addition, Mark Potter is interested in the following options to subscribe for new Ordinary Shares:

    No of Options   Exercise price   Expiry Date
 
1,000,000

4,000,000

10,000,000

15,000,000

3p

6p

3.5p

4.5p

18.02.20

11.05.22

20.07.23

20.07.23

For further information on the Company, visit: www.metaltigerplc.com:

Michael McNeilly   (Chief Executive Officer)   Tel: +44 (0)20 7099 0738
 
Mark Potter (Chief Investment Officer)
 
Richard Tulloch

James Dance

Jack Botros

Strand Hanson Limited (Nominated Adviser) Tel +44 (0)20 7409 3494
 
Nick Emerson SI Capital (Broker) Tel: +44 (0)1483 413 500
 
Gordon Poole

James Crothers

Monique Perks

Camarco (Financial PR) Tel: +44 (0)20 3757 4980

PDMR Notification

     
1   Details of the persons discharging managerial responsibilities
a)   Name   Mark Potter
2   Reason for the notification
a)   Position/status   Director and Chief Investment Officer
b)   Initial notification /Amendment   Initial notification
3   Details of the issuer
a)   Name   Metal Tiger plc
b)   LEI  

213800K1IN6M1VCVPA93

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 0.01p each
  Identification code   ISIN for Ordinary Shares: GB0030493232
b)   Nature of the transaction   Purchase of shares
c)   Price(s) and volume(s)  

Price(s)               Volume(s)
1.27p               150,000
1.27p               150,000

d)   Aggregated information  
  • 1.27p
  • 300,000 ordinary shares
e)   Date of the transaction   14 February 2019
f)   Place of the transaction   Outside a trading venue.

AIM, London Stock Exchange

The information communicated in this announcement contains inside information for the purposes of Article 7 of the Market Abuse Regulation (EU) No. 596/2014.

Notes to Editors:

Metal Tiger plc is listed on the London Stock Exchange AIM Market (“AIM”) with the trading code MTR and invests in high potential mineral projects with a base, precious and strategic metals focus.

The Company’s target is to deliver a high return for shareholders by investing in significantly undervalued and/or high potential opportunities in the mineral exploration and development sector. The Company’s key strategic objective is to ensure the distribution to shareholders of major returns achieved from disposals. Metal Tiger has two investment divisions: Direct Equities and Direct Projects.

The Direct Equities division invests in undervalued natural resource companies listed on AIM, the ASX and the TSX. Through the trading of equities and warrants, Metal Tiger seeks to generate cash for investment in the Direct Projects division.

Metal Tiger’s Direct Projects division is focused on the development of its key project interests in Botswana, Spain and Thailand. In Botswana, Metal Tiger, through its 10.47% interest in MOD Resources Limited and related JV, has a growing interest in the large and highly prospective Kalahari copper/silver belt. In Spain, the Company has tungsten and gold interests in the highly mineralised Extremadura region. In Thailand, Metal Tiger has interests in two potentially near-production stage lead/zinc/silver mines as well as licences, applications and critical historical data covering antimony, copper, gold, lead, zinc and silver opportunities.

The Company actively assesses new investment opportunities on an on-going basis and has access to a diverse pipeline of new opportunities in the natural resources and mining sectors. For pipeline opportunities deemed sufficiently attractive, Metal Tiger may invest in the project or entity by buying publicly listed shares, by financing privately and/or by entering into a joint venture.

Short Name: Metal Tiger plc
Category Code: MSCH
Sequence Number: 664105
Time of Receipt (offset from UTC): 20190214T224020+0000

Contacts

Metal Tiger plc

Contacts

Metal Tiger plc