Director/PDMR Shareholding

LONDON--(BUSINESS WIRE)-- 

ECR MINERALS plc

(“ECR Minerals” or the “Company”)

Issue of Options

ECR Minerals plc (LON:ECR), the precious metals exploration and development company, confirms today that it has issued options over 30,000,000 ordinary shares in the Company, to senior employees and certain directors / PDMRS of the Company.

The options vest immediately; have an exercise price of 2.2p and whilst they can then be exercised at any time for a period of three years, exercise is conditional on the Volume Weighted Average Price of the shares being 3.75 pence per share for 10 days at the time of exercise (“New Options”).

The Directors and PDMRs receiving shares are as follows:

Name of PDMR	Number of New Options	Total Options Held
David Tang (Chairman)	10,000,000	10,000,000
Adam Jones (NED)	5,000,000	5,000,000

The notifications set out below are provided in accordance with the requirements of the EU Market Abuse Regulation.

1	Details of the person discharging managerial responsibilities
a)	Name	Adam Jones
2	Reason for the notification
a)	Position/status	Non-Executive Director
b)	Initial notification/amendment	Initial notification
3	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)	Name	ECR Minerals plc
b)	LEI	213800PBXY96KXHISJ17
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 0.001p each   GB00BYYDKX57
b)	Nature of the transaction	Market purchases
c)	Price(s) and volume(s)	Price(s)               Volume(s) ______________________ 2.2p per share    5,000,000
d)	Aggregated information - Aggregated volume - Price	5,000,000 2.2p
e)	Date of the transaction	24 January 2022
f)	Place of the transaction	London Stock Exchange (XLON)

2	Details of the person discharging managerial responsibilities
a)	Name	David Tang
2	Reason for the notification
a)	Position/status	Chairman & Director
b)	Initial notification/amendment	Initial notification
3	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)	Name	ECR Minerals plc
b)	LEI	213800PBXY96KXHISJ17
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 0.001p each   GB00BYYDKX57
b)	Nature of the transaction	Market purchases
c)	Price(s) and volume(s)	Price(s)               Volume(s) ______________________ 2.2p per share    10,000,000
d)	Aggregated information - Aggregated volume - Price	10,000,000 2.2p
e)	Date of the transaction	24 January 2022
f)	Place of the transaction	London Stock Exchange (XLON)

FOR FURTHER INFORMATION, PLEASE CONTACT:

ECR Minerals plc	Tel: [phone]
David Tang, Non-Executive Chairman
Email: [e-mail]
Website: www.ecrminerals.com
WH Ireland Ltd	Tel: [phone]
Nominated Adviser
Katy Mitchell/Andrew de Andrade
SI Capital Ltd	Tel: [phone]
Broker
Nick Emerson