Director/PDMR Shareholding
09.11.2016
Highland Gold Mining Limited (“Highland Gold” or the “Company”) has been informed that the persons behind its largest shareholder, Primerod International Limited, have reorganised and simplified their indirect holdings in the Company by exchanging their shares in Primerod for their pro rata shareholding in Highland Gold.
Executive Chairman Eugene Shvidler and Non-Executive Director Valery Oyf, the latter via Matteson Overseas Limited, were among the recipients of Highland Gold shares as a result of this exchange. Messrs Shvidler and Oyf no longer hold any shares in the Company via Primerod.
The former and current distribution of shares are as follows:
|
Shareholder |
Direct shareholding prior to the exchange |
Shareholding via Primerod prior to the exchange |
Current direct shareholding |
|
(number of shares, percentage of share capital) |
|||
|
Primerod International Limited |
104 080 000 32.00% |
n.a. |
26 025 310 8.00% |
|
Eugene Shvidler |
36 916 144 11.35% |
3 937 516 1.21% |
40 853 660 12.56% |
|
Denalot Worldwide Limited |
n.a. |
32 519 690 9.99% |
32 519 690 9.99% |
|
Erlinad Holdings Limited |
310 622 0.10% |
14 390 653 4.43% |
14 701 275 4.52% |
|
Matteson Overseas Limited |
310 622 0.10% |
14 196 831 4.37% |
14 507 453 4.46% |
|
New Evolution Trading Limited |
310 622 0.10% |
6 505 000 2.00% |
6 815 622 2.10% |
|
Frazar Worldwide Holdings Ltd. |
n.a. |
6 505 000 2.00% |
6 505 000 2.00% |
|
Total |
141 928 010 43.64% |
141 928 010 43.64% |
|
All of the above parties have agreed to be bound by the terms of the relationship agreement with Highland Gold entered into at the time of the original subscription by Primerod.
The total number of Highland Gold ordinary shares in issue remains unchanged at 325,222,098.
PDMR disclosure forms for Messrs Shvidler and Oyf can be found here.
FOR FURTHER INFORMATION PLEASE CONTACT:
|
Highland Gold |
John Mann, Head of Communications |
|
Numis Securities Limited |
John Prior, James Black Paul Gillam +44 (0) 207 260 1000
|
|
Peat & Co |
Charlie Peat |