Director/PDMR Shareholding

21 October 2020

Highland Gold Mining Limited ("Highland Gold" or the "Company", AIM: HGM) reports that it has been informed that Senior Independent Director Duncan Baxter and Chief Executive Officer Denis Alexandrov have tendered the entirety of their holdings in the Company in accordance with the Offer to Highland Gold shareholders made by Fortiana Holdings Limited (“Fortiana”), the results of which were announced by Fortiana on 20 October 2020.

The shareholdings in question are as follows:

Name

Number of Ordinary Shares

Percentage of Issued Share Capital

Duncan Baxter

20,000

0.005%

Denis Alexandrov

15,644

0.004%

The issued share capital of Highland Gold as of today is 363,896,990 ordinary shares of £0.001 per share. This number may be used by Highland Gold shareholders as the denominator for calculations by which they will determine if they are required to notify of 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 CONTACT:

Highland Gold Mining Ltd.

John Mann, Head of Communications
+ 7 495 424 95 21

Duncan Baxter, Non-Executive Director
+ 44 (0) 1534 507 152

Numis Securities Limited
(Nominated Adviser and Joint Broker)

Stuart Skinner, Louis McKeeve
+44 (0) 207 260 1000

BMO Capital Markets Limited
(Joint Broker)  

Tom Rider, Pascal Lussier Duquette, Neil Elliot
+44 (0) 207 236 1010

Peat & Co
(Joint Broker)

Charlie Peat
+44 (0) 207 104 2334

 

HIGHLAND GOLD MINING LIMITED

DIRECTORS’ DEALINGS IN SECURITIES

DEALING NOTIFICATION FORM 

FOR USE BY PERSONS DISCHARGING MANAGERIAL

RESPONSIBILITY AND THEIR CLOSELY ASSOCIATED PERSONS

1. 

Details of the person discharging managerial responsibilities/person closely associated

a)

Name:

Duncan Baxter

2. 

Reason for the notification

 

a)

Position/status:

Director

b)

Initial notification/Amendment:

Initial notification

3. 

Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor

a)

Company name:

Highland Gold Mining Ltd.

b)

LEI:

213800QQFH2CBTW5BX79

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 1p each

GB0032360173

b)

Nature of the transaction:

Sale of shares

c)

 

Price(s)

Volume

£3.00

20,000

d)

Aggregated information:

Price

Total Volume

£60,000

20,000

e)

Date of the transaction:

20 October 2020

f)

Place of the transaction:

Outside a trading venue

 

HIGHLAND GOLD MINING LIMITED

DIRECTORS’ DEALINGS IN SECURITIES

DEALING NOTIFICATION FORM 

FOR USE BY PERSONS DISCHARGING MANAGERIAL

RESPONSIBILITY AND THEIR CLOSELY ASSOCIATED PERSONS

1. 

Details of the person discharging managerial responsibilities/person closely associated

a)

Name:

Denis Alexandrov

2. 

Reason for the notification

 

a)

Position/status:

Chief Executive Officer

b)

Initial notification/Amendment:

Initial notification

3. 

Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor

a)

Company name:

Highland Gold Mining Ltd.

b)

LEI:

213800QQFH2CBTW5BX79

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 1p each

GB0032360173

b)

Nature of the transaction:

Sale of shares

c)

 

Price(s)

Volume

£3.00

15,644

d)

Aggregated information:

Price

Total Volume

£46,932

15,644

e)

Date of the transaction:

20 October 2020

f)

Place of the transaction:

Outside a trading venue