Ecora Resources PLC Announces Director/PDMR Shareholding

Rhea-AI Summary

Ecora Resources PLC (LSE:ECOR)(TSX:ECOR) has reported significant insider share acquisitions by two of its top executives. On July 26, 2024, Chief Financial Officer Kevin Flynn purchased 20,000 ordinary shares at an average price of £0.6477 per share. Following this, on July 29, 2024, Chief Executive Officer Marc Bishop Lafleche acquired 75,000 shares at an average price of £0.6390 per share. Both transactions took place on the London Stock Exchange. These insider purchases may signal confidence in the company's future prospects and potentially align management interests more closely with shareholders.

Positive

• Significant insider share purchases by CFO and CEO
• Potential signal of management confidence in company's future

Negative

• None.

LONDON, UNITED KINGDOM / ACCESSWIRE / July 31, 2024 / Ecora Resources PLC (LSE:ECOR)(TSX:ECOR) has received notification of the following transactions by Kevin Flynn, Chief Financial Officer, and Marc Bishop Lafleche, Chief Executive Officer.

On 26 July 2024, Mr. Flynn acquired 20,000 ordinary shares of 2 pence each in the Company ("Shares") at an average approximate price of £0.6477 per share.

On 29 July 2024, Mr. Bishop Lafleche acquired 75,000 Shares at an average approximate price of £0.6390 per share.

These transactions took place on the London Stock Exchange.

Director Share Dealings - Further information
In accordance with Article 19 of the UK Market Abuse Regulation, the relevant FCA notification is set out below.

1.	Details of the person discharging managerial responsibilities / person closely associated
a.	Name	Kevin Flynn
2.	Reason for the notification
a.	Position/status	Chief Financial Officer of Ecora Resources PLC
b.	Initial notification/Amendment	Initial Notification
3.	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a.	Name	Ecora Resources PLC
b.	LEI	213800LXSV317746JZ71
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	2p Ordinary Shares GB0006449366
b.	Nature of the transaction	Acquisition of Shares
c.	Price(s) and volume(s)	Price(s) Volume(s) £0.64771 20,000
d.	Aggregated information · Aggregated volume · Price	20,000 £0.64771
e.	Date of the transaction	26 July 2024
f.	Place of the transaction	London Stock Exchange, Main Market (XLON)

1.	Details of the person discharging managerial responsibilities / person closely associated
a.	Name	Marc Bishop Lafleche
2.	Reason for the notification
a.	Position/status	Chief Executive Officer of Ecora Resources PLC
b.	Initial notification/Amendment	Initial Notification
3.	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a.	Name	Ecora Resources PLC
b.	LEI	213800LXSV317746JZ71
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	2p Ordinary Shares GB0006449366
b.	Nature of the transaction	Acquisition of Shares
c.	Price(s) and volume(s)	Price(s) Volume(s) £0.6390 75,000
d.	Aggregated information · Aggregated volume · Price	75,000 £0.6390
e.	Date of the transaction	29 July 2024
f.	Place of the transaction	London Stock Exchange, Main Market (XLON)

For further information:

Ecora Resources PLC	+44 (0) 20 3435 7400
Jason Gray - Company Secretary
Website:	www.ecora-resources.com
FTI Consulting	+44(0) 20 3727 1000
Sara Powell / Ben Brewerton / Nick Hennis	ecoraresources@fticonsulting.com

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.

SOURCE: Ecora Resources PLC

View the original press release on accesswire.com

FAQ

How many shares did Ecora Resources PLC's CFO Kevin Flynn acquire on July 26, 2024?

Kevin Flynn, CFO of Ecora Resources PLC (ECRAF), acquired 20,000 ordinary shares at an average price of £0.6477 per share on July 26, 2024.

What was the share purchase made by Ecora Resources PLC's CEO Marc Bishop Lafleche on July 29, 2024?

Marc Bishop Lafleche, CEO of Ecora Resources PLC (ECRAF), acquired 75,000 ordinary shares at an average price of £0.6390 per share on July 29, 2024.

Where did the share transactions for Ecora Resources PLC (ECRAF) take place?

The share transactions for Ecora Resources PLC (ECRAF) took place on the London Stock Exchange, Main Market (XLON).

What is the LEI code for Ecora Resources PLC (ECRAF)?

The LEI (Legal Entity Identifier) code for Ecora Resources PLC (ECRAF) is 213800LXSV317746JZ71.