GCM Resources PLC
27 August 2026
27 August 2026
GCM Resources plc
("GCM" or the "Company")
Director/PDMR Shareholding
GCM Resources plc (LON: GCM), an AIM quoted mining and energy company, has been notified that Keith Fulton, GCM's Finance Director, has sold 144,368 ordinary shares of 1 pence each in the Company ("Ordinary Shares") at a price of 17.255 pence per Ordinary Share.
Following this sale, Keith Fulton holds 2,000,000 Ordinary Shares, representing approximately 0.53 per cent. of the Company's issued share capital.
Details of the director dealing are set out in the table at the end of this announcement, which has been provided in accordance with the requirements of the UK Market Abuse Regulation.
For further information:
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GCM Resources plc Keith Fulton, Finance Director
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Tel: +44 (0) 20 7290 1630 info@gcmplc.com |
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Allenby Capital Limited Nominated Adviser and Broker John Depasquale / Vivek Bhardwaj (Corporate Finance) Kelly Gardiner / Lauren Wright (Sales and Corporate Broking)
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Tel: +44 (0)20 3328 5656 |
About GCM Resources
GCM Resources plc (LON: GCM), the AIM resource exploration and development, has identified a high-quality coal resource of 572 million tonnes (JORC 2004 compliant) at the Phulbari Coal and Power Project (the "Project") in north-west Bangladesh.
Utilising the latest highly energy efficient power generating technology the Phulbari coal mine can support some 6,600MW. GCM requires approval from the Government of Bangladesh in order to develop the Project. The Company has a strategy of linking the Company's mine proposal to supplying coal to the Government of Bangladesh's existing and in the pipeline coal-fired power plants and / or power plants developed development partners. Together with credible, internationally recognised strategic development partners, GCM aims to deliver a practical power solution to provide the cheapest coal-fired electricity in the country, in a manner amenable to the Government of Bangladesh.
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1 |
Details of the person discharging managerial responsibilities / person closely associated |
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a) |
Name |
Keith Fulton |
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2 |
Reason for the notification |
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a) |
Position/status |
Finance Director |
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b)
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Initial notification /Amendment |
Initial notification |
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3 |
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor |
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a) |
Name |
GCM Resources Plc |
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b) |
LEI |
213800MXX5QHZNHCDU55 |
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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 |
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a) |
Description of the financial instrument, type of instrument Identification code |
Ordinary shares of 1p each in GCM Resources Plc ("Ordinary Shares") Identification code (ISIN) for GCM Resources plc ordinary shares: GB00B00KV284 |
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b) |
Nature of the transaction |
Sale of Ordinary Shares |
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c) |
Price(s) and volume(s) |
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d) |
Aggregated information - Aggregated volume - Price |
N/A |
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e) |
Date of the transaction |
27 August 2026 |
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f) |
Place of the transaction |
London Stock Exchange, XLON |
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