Ecora Resources PLC Announces Director Share Dealings in Company
Rhea-AI Summary
Ecora Resources PLC (OTCQX:ECRAF) reported a director share dealing transaction where CH Invest GmbH, a Person Closely Associated (PCA) with Non-Executive Director Christine Coignard, acquired 16,450 ordinary shares at an average price of £0.52 per share. The transaction occurred on April 8, 2025, on the London Stock Exchange's Main Market.
The purchase of shares by the director's associated entity represents an insider transaction that required disclosure under Article 19 of the UK Market Abuse Regulation. The acquired shares have a nominal value of 2 pence each.
Positive
- Director-associated entity showing confidence in company through share purchase
Negative
- None.
News Market Reaction 1 Alert
On the day this news was published, ECRAF declined 4.75%, reflecting a moderate negative market reaction.
Data tracked by StockTitan Argus on the day of publication.
LONDON, GB / ACCESS Newswire / April 10, 2025 / Ecora (LSE:ECOR)(TSX:ECOR)(OTCQX:ECRAF) has received notification of the following transaction by CH Invest GmbH, a Person Closely Associated ("PCA") with Ms. Christine Coignard, Non-Executive Director of Ecora.
On 8 April 2025, CH Invest GmbH, acquired 16,450 ordinary shares of 2 pence each in the Company at an average approximate price of £0.52 per share.
This transaction 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 | CH Invest GmbH | ||||
2. | Reason for the notification | |||||
a. | Position/status | Person closely associated with Ms. Christine Coignard, Non-Executive Director 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) |
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d. | Aggregated information
| See above | ||||
e. | Date of the transaction | 8 April 2025 | ||||
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 |
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Website: | |
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FTI Consulting | +44(0) 20 3727 1000 |
Sara Powell / Ben Brewerton / Nick Hennis |
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 ACCESS Newswire