LONDON, UK / ACCESSWIRE / August 14, 2024 / SolGold (LSE:SOLG)(TSX: SOLG) ("SolGold" or the "Company") has been advised of the sale of 250,000 Ordinary Shares of £0.01 each in the Company by the Mather Foundation Limited, a Private Ancillary Fund of which SolGold Non-Executive Director Nicholas Mather is a Trustee Director.
The sale was finalised to address obligated philanthropic and charitable donations to prostate cancer research, mental health and homelessness organisations and emergency flight care services in Australia. Each financial year the Mather Foundation is required to monetise assets and make cash donations to third-party charitable organisations. Mr Mather has no financial interest in the capital of the Mather Foundation and does not derive income or any other benefit from it.
CONTACTS
Scott Caldwell | Tel: +44 (0) 20 3807 6996
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Tavistock (Media) | Tel: +44 (0) 20 7920 3150 |
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: | Mather Foundation Limited | ||||
2. | Reason for the notification | |||||
a) | Position/status: | Mather Foundation Limited, an entity closely associated with Nicholas Mather - Director of SolGold plc | ||||
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: | Sale of Shares | ||||
c) | Price(s) and volume(s): |
| ||||
d) | Aggregated information: Aggregated volume: Price: Total: |
250,000 £0.102 £25,500 | ||||
e) | Date of the transaction: | 12 August 2024 | ||||
f) | Place of the transaction: | London Stock Exchange | ||||
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SOURCE: SolGold PLC