ARGOS RESOURCES LIMITED
("Argos" or "the Company")
Director / PDMR Shareholding
Argos Resources Limited (AIM: ARG.L), the Falkland Islands based company which holds a 5% Overriding Royalty Interest in Licence PL001 in the North Falkland Basin, confirms that it has received notification that on 9 November 2018 Argos Georgia Limited, distributed a total of 700,000 Ordinary Shares for nil consideration to Ian Thomson, Chairman of the Company. Argos Georgia Limited is an entity in which Ian Thomson holds a 51.68 per cent. interest. As a result of this transaction, Mr Thomson's interest in the Company now stands at 28,544,701 shares, representing 12.93 per cent. of the Company's issued share capital.
For further information:
Argos Resources Limited (+500 22685)
www.argosresources.com
Ian Thomson, Chairman
John Hogan, Managing Director
Cenkos Securities plc (Nomad & Broker)
Derrick Lee (+44 131 220 9100)
Neil McDonald (+44 131 220 6939)
| 1 | Details of the person discharging managerial responsibilities / person closely associated | |||||||
| a) | Name | Ian Thomson | ||||||
| 2. | Reason for the Notification | |||||||
| a) | Position/status | Chairman | ||||||
| b) | Initial notification/Amendment | Initial | ||||||
| 3. | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | |||||||
| a) | Name | Argos Resources Ltd | ||||||
| b) | LEI | 213800JFBALNFGTAJM89 | ||||||
| 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 2p each | ||||||
| Identification code | FK0114538241 | |||||||
| b) | Nature of the transaction | Transfer of shares | ||||||
| c) | Price(s) and volume(s) |
| ||||||
| d) | Aggregated information: · Aggregated volume · Price |
700,000 Ordinary Shares for nil consideration | ||||||
| e) | Date of the transaction | 9 November 2018 | ||||||
| f) | Place of the transaction | London Stock Exchange, AIM Market (ARG) | ||||||
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