RNS Number : 1454G
Bluejay Mining PLC
24 May 2017
 

24 May 2017

 

Bluejay Mining plc / EPIC: JAY / Market: AIM / Sector: Mining

 

Bluejay Mining plc ('Bluejay' or the 'Company')

Issue of Equity and Director Dealing

 

Bluejay Mining plc, the AIM and FSE listed company with projects in Greenland and Finland, announces that it has received notification from option holders to exercise options over a total of 1,500,000 new ordinary shares of 0.01 pence each in the share capital of the Company (the 'New Ordinary Shares') at a price of 7.5 pence per share. Accordingly, the Company has today issued the New Ordinary Shares to the option holders for an aggregate cash value of £112,500.

 

The share option exercises referred to above includes an option exercise by Greg Kuenzel, a Non-Executive Director of the Company.  Mr. Kuenzel exercised an option over a total of 750,000 New Ordinary Shares at a price of 7.5 pence per share on 24 May 2017. Accordingly, following the issue of 750,000 New Ordinary Shares to Mr. Kuenzel, he has an interest in 38,405,382 Ordinary Shares, representing 5.21% of the issued ordinary share capital of Bluejay, as enlarged by the issue of New Ordinary Shares.  Further details concerning this dealing are set out below.

 

Application has been made for the New Ordinary Shares to be admitted to trading on the AIM market of the London Stock Exchange ('Admission'). Admission is expected to occur on or around 31 May 2017.

 

Total voting rights

Following the issue of the New Ordinary Shares, the total issued share capital of the Company consists of 737,715,887 ordinary shares of 0.01p each ('Ordinary Shares') with voting rights. The Company does not hold any Ordinary Shares in treasury. Therefore, the total number of voting rights in the Company is 737,715,887 and this figure may be used by shareholders in the Company as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change in their interest in, the share capital of the Company under the FCA's Disclosure and Transparency Rules.

 

For further information please visit www.bluejaymining.com or contact:

 

Roderick McIllree

Bluejay Mining plc

+44 (0) 20 7907 9326

Graham Marshall

Bluejay Mining plc

+44 (0) 20 7907 9326

Ewan Leggat

SP Angel Corporate Finance LLP

+44 (0) 20 3470 0470

Elisabeth Cowell

St Brides Partners Ltd

+44 (0) 20 7236 1177

Charlotte Page

St Brides Partners Ltd

+44 (0) 20 7236 1177

 

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:

Gregory Kuenzel

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:

Bluejay Mining plc

b)

LEI:

213800E9AEFEHFLOVJ19

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 0.01p each

 GB00BFD3VF20

b)

Nature of the transaction:

Purchase of ordinary shares

c)

Price(s) and volume(s):

 

Price(s)

Volume(s)

7.5 pence

750,000

 

d)

Aggregated information:

Aggregated volume:

Price:

Single transaction as in 4 c) above

Price(s)

Volume(s)

7.5 pence

750,000

 

e)

Date of the transaction:

2017-05-24

13:43 UTC

f)

Place of the transaction:

Outside trade venue

 

 

**ENDS**

 

 


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