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LONDON - Cadence Minerals Plc (AIM:KDNC) announced that its Chief Executive Officer, Kiran Morzaria, purchased 1,056,567 ordinary shares at £0.016 per share on Friday.
Following this acquisition, Morzaria’s total holding in the mining investment company increased to 4,429,807 ordinary shares, representing approximately 1.5% of the company’s share capital.
The transaction was executed as part of a Share Incentive Scheme, according to the regulatory filing.
Cadence Minerals, which trades on London’s AIM market, made the disclosure in accordance with regulatory requirements for transactions by persons discharging managerial responsibilities.
The company’s shares were purchased on the AIM market of the London Stock Exchange (LON:LSEG).
The information was provided in a regulatory news service (RNS) announcement issued by the company.
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