Marula Mining Plc - Director/PDMR Shareholding

Marula Mining Plc - Director/PDMR Shareholding

PR Newswire

London, August 8

MARULA MINING PLC
("Marula'' or the "Company")

Director's Dealing

Marula Mining plc (AQSE:MARU), an investing company listed on the AQSE Stock Exchange Growth Market ("AQSE") announces that it was notified on 4 August 2022 that Gathoni Muchai Investments Ltd ("GMI") acquired 1,500,00 ordinary shares on 25 July 2022 ("Share Purchase") and 1,187,500 warrants over ordinary shares with an exercise price of 4p per share from a former share and warrant holder. The transaction was completed off-market for total consideration of £15,996.20.

Of the aggregate 1,187,500 warrants purchased, 687,500 warrants expire 31 December 2022, and 500,000 warrants expire 20 July 2023.

Jason Brewer, Chief Executive Officer of the Company is a connected person to the Chief Executive Officer of GMI and a substantial shareholder and director of GMI.

Following the above transaction, the table below sets out the interest in the share capital of the Company of Mr Brewer:

Name	Shares	Percentage shareholding following Share Purchase	Warrants
Jason Brewer	8,135,0001,2	13.6%	1,420,0003,4

¹ 815,000 ordinary shares are held through Mayflower Capital Investments Pty Ltd

² 7,320,000 ordinary shares are held through Gathoni Muchai Investments Limited

³ A warrant over 32,500 ordinary shares are held through Mayflower Capital Investments Pty Ltd

⁴ A warrant over 1,187,500 ordinary shares are held through Gathoni Muchai Investments Limited

The Directors of Marula are responsible for the contents of this announcement.

This announcement contains inside information for the purposes of UK Market Abuse Regulation, and has been arranged for release by Jason Brewer, Chief Executive Officer of the Company.

Enquiries:

Marula Mining Plc Jason Brewer, Chief Executive Officer	[e-mail] Contact via BlytheRay, Financial PR and IR (details below)
AQSE Corporate Adviser Cairn Financial Advisers LLP Liam Murray / Ludovico Lazzaretti	[phone]
Broker OvalX Tom Curran / Thomas Smith	[phone]
Financial PR and IR BlytheRay Tim Blythe / Megan Ray	[phone]

Notification of a Transaction pursuant to Article 19(1) of Regulation (EU) No. 596/2014
1	Details of the person discharging managerial responsibilities/person closely associated
a.	Name	Jason Brewer
2	Reason for notification
a.	Position/Status	Chief Executive Officer of the Company (also a director and shareholder of Gathoni Muchai Investments and connected person to the CEO of GMI)
b.	Initial notification/ Amendment	Initial notification
3	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a.	Name	Marula Mining plc
b.	LEI	2138002UCKAEBPYWVT15
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 0.01 pence each ISIN: GB00BNBS4S95
b.	Nature of the transaction	Purchase of shares and warrants through an off-market transaction
c.	Price(s) and volume(s)
d.	Aggregated information - Aggregated Volume - Price	1,500,000 ordinary shares and 1,187,500 warrants £15,996.20
e.	Date of the transaction	25 July 2022
f.	Place of the transaction	London