TIDMSRES

RNS Number : 5940G

Sunrise Resources Plc

30 March 2022

30 March 2022

SUNRISE RESOURCES PLC

("Sunrise" or "the Company")

DIRECTOR DEALING

Sunrise Resources plc, the AIM-traded company focusing on the development of its CS Pozzolan-Perlite Project in Nevada, USA announces that on 29 March 2022 and 30 March 2022 Executive Chairman, Patrick Cheetham, purchased at total of 8,500,000 Ordinary Shares of 0.1 pence each in the Company ("Ordinary Shares") on market, at a weighted average price of 0.119 pence per share,. These shares were purchased through his Self-Invested Personal Pension (SIPP).

Following this transaction, Patrick Cheetham is now beneficially interested in 245,320,232

Ordinary Shares (including 5,500,000 Ordinary Shares held by his wife, Karen Cheetham) representing 6.61% of the Company's issued share capital.

Further information:

 
 Sunrise Resources plc           Tel: +44 (0)1625 838 884 
  Patrick Cheetham, Executive 
  Chairman 
                                 Tel: +44 (0)207 628 3396 
   Beaumont Cornish Limited 
   Nominated Adviser 
   James Biddle/Roland Cornish 
                                 Tel: +44 (0)207 469 0930 
   Peterhouse Capital Limited 
   Broker 
   Lucy Williams/Duncan Vasey 
 

Market Abuse Regulation (MAR) Disclosure

The information contained within this announcement is deemed by the Company to constitute inside information as stipulated under the Market Abuse Regulations (EU) No. 596/2014 which forms part of UK domestic law by virtue of the European Union (Withdrawal) Act 2018 ('MAR'). Upon the publication of this announcement via Regulatory Information Service ('RIS'), this inside information is now considered to be in the public domain.

Shares in the Company trade on AIM. EPIC: "SRES".

Website: www.sunriseresourcesplc.com

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 
      I person closely associated 
a)   Name                                Patrick Cheetham 
     ---------------------------------  -------------------------------- 
2    Reason for the notification 
     ------------------------------------------------------------------- 
a)   Position/status                     Executive Chairman 
     ---------------------------------  -------------------------------- 
b)   Initial notification                Initial notification 
      /Amendment 
     ---------------------------------  -------------------------------- 
3    Details of the issuer, emission allowance market participant, 
      auction platform, auctioneer or auction monitor 
     ------------------------------------------------------------------- 
a)   Name                                Sunrise Resources plc 
     ---------------------------------  -------------------------------- 
b)   LEI                                 213800MGDOE974QHPZ44 
     ---------------------------------  -------------------------------- 
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                  Ordinary Shares of 0.1p each 
      financial instrument, 
      type of instrument 
     ---------------------------------  -------------------------------- 
     Identification code                 GB00B075Z681 
     ---------------------------------  -------------------------------- 
b)   Nature of the transaction          On market purchase 
     ---------------------------------  -------------------------------- 
c)   Price(s) and volume(s)              Price(s)           Volume(s) 
     ---------------------------------  ------------------  ------------ 
                                          0.120 pence       2,000,000 
     0.119 pence                                             6,500,000 
  --------------------------------------------------------  ------------ 
d)   Aggregated information 
  - Aggregated volume                 8,500,000 
  - Price                              0.119 pence 
 ---------------------------------  ------------------------------------ 
e)   Date of the transaction             29/03/2022 and 
                                          30/03/33 
     ---------------------------------  -------------------------------- 
f)   Place of the transaction            London Stock Exchange (XAIM) 
     ---------------------------------  -------------------------------- 
 

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END

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(END) Dow Jones Newswires

March 30, 2022 05:57 ET (09:57 GMT)

Sunrise Resources (LSE:SRES)
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Sunrise Resources (LSE:SRES)
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