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Majestic Corporation - Director/PDMR Shareholding


Announcement provided by

Majestic Corporation Plc · MCJ

27/06/2023 13:56

Majestic Corporation - Director/PDMR Shareholding
RNS Number : 0864E
Majestic Corporation PLC
27 June 2023
 

27 June 2023

Majestic Corporation Plc

(the "Company" or "Majestic")

Director/ PDMR Shareholding

Majestic Corporation Plc (AQSE: MCJ), an emerging leader in recycling precious metals and non-ferrous metals, announces that Peter Lai, Chief Executive Officer, today sold a total of 10,000 ordinary shares, at a price of 40 pence per Ordinary Share. Following this transaction, Peter Lai holds a total of 14,370,258 ordinary shares, representing 71.85% of the issued share capital of the Company.

 

For further information please contact:

 


Majestic Corporation Plc


Peter Lai (Chairman and CEO)

email: peter@majestic-corp.com

 


Guild Financial Advisory Ltd - AQSE Corporate Adviser


Ross Andrews

+44 7973839767



PKL Studios - Media enquiries 

kl@pklstudios.com

 


Vox Markets - Investor Relations Advisor 

majesticcorp@voxmarkets.co.uk

 

Appendix 1

 

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 / person closely associated

 

a)

 

Name

 

 

 

 Peter Lai

2

 

Reason for the notification

 

a)

 

Position/status

 

 

Chairman and 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)

 

Name

 

 

Majestic Corporation Plc

b)

 

LEI

 

 

213800WR5NVLL1UII848

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

Ordinary   shares   of   £0.005   each



Identification code

ISIN Code: GB00BN70W297



b)

 

Nature of the transaction

 

 

Disposal of ordinary shares

c)

 

Price(s) and volume(s)







Price(s)

Volume(s)




£0.40 per share

10,000







d)

 

Aggregated information




- Aggregated volume

10,000



- Price

£4,000



e)

 

Date of the transaction

 

 

27 June 2023

f)

 

Place of the transaction

 

 

London

 

Appendix 2

R-1: Standard form for notification of major holdings

1. Issuer Details

ISIN

GB00BN70W297

Issuer Name

Majestic Corporation Plc

UK or Non-UK Issuer

UK

2. Reason for Notification

An acquisition or disposal of voting rights

3. Details of person subject to the notification obligation

Name

Peter Lai

City of registered office (if applicable)

 

Country of registered office (if applicable)

 

4. Details of the shareholder

Full name of shareholder(s) if different from the person(s) subject to the notification obligation, above

 

City of registered office (if applicable)

 

Country of registered office (if applicable)

 

5. Date on which the threshold was crossed or reached

27-Jun-2023

6. Date on which Issuer notified

27-Jun-2023

7. Total positions of person(s) subject to the notification obligation


% of voting rights attached to shares (total of 8.A)

% of voting rights through financial instruments (total of 8.B 1 + 8.B 2)

Total of both in % (8.A + 8.B)

Total number of voting rights held in issuer

Resulting situation on the date on which threshold was crossed or reached

71.851290

0.000000

71.851290

14,370,258

Position of previous notification (if applicable)

71.901290

0.000000

71.901290

14,380,258

8. Notified details of the resulting situation on the date on which the threshold was crossed or reached

8A. Voting rights attached to shares

Class/Type of shares ISIN code(if possible)

Number of direct voting rights (DTR5.1)

Number of indirect voting rights (DTR5.2.1)

% of direct voting rights (DTR5.1)

% of indirect voting rights (DTR5.2.1)

GB00BN70W297

14,370,258

0

71.851290

0.000000

Sub Total 8.A

14,370,258

71.851290%

8B1. Financial Instruments according to (DTR5.3.1R.(1) (a))

Type of financial instrument

Expiration date

Exercise/conversion period

Number of voting rights that may be acquired if the instrument is exercised/converted

% of voting rights






Sub Total 8.B1




8B2. Financial Instruments with similar economic effect according to (DTR5.3.1R.(1) (b))

Type of financial instrument

Expiration date

Exercise/conversion period

Physical or cash settlement

Number of voting rights

% of voting rights







Sub Total 8.B2




9. Information in relation to the person subject to the notification obligation

1. Person subject to the notification obligation is not controlled by any natural person or legal entity and does not control any other undertaking(s) holding directly or indirectly an interest in the (underlying) issuer.

Ultimate controlling person

Name of controlled undertaking

% of voting rights if it equals or is higher than the notifiable threshold

% of voting rights through financial instruments if it equals or is higher than the notifiable threshold

Total of both if it equals or is higher than the notifiable threshold






10. In case of proxy voting

Name of the proxy holder

 

The number and % of voting rights held

 

The date until which the voting rights will be held

 

11. Additional Information

 

12. Date of Completion

27-Jun-2023

13. Place Of Completion

London

 

 

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