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Asiamet Resources Chairman Transfers Shares for Personal Planning

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Asiamet Resources Chairman Transfers Shares for Personal Planning

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Asiamet Resources ( (GB:ARS) ) has issued an update.

Asiamet Resources Limited announced the transfer of 5,613,984 common shares by its Executive Chairman, Tony Manini, from his personal account to his wholly owned investment company, AJM Investco Pty Limited. This transaction, conducted for personal planning purposes, does not affect Manini’s aggregate interest in Asiamet, which remains at 73,243,573 common shares, representing approximately 2.3% of the company’s issued share capital. The announcement is part of the company’s compliance with regulations requiring disclosure of transactions by persons discharging managerial responsibilities.

More about Asiamet Resources

Asiamet Resources Limited is a company operating in the mining industry, focusing on the exploration and development of mineral resources. The company is primarily engaged in the production and sale of copper and other base metals, with a market focus on the Asian region.

Average Trading Volume: 4,735,751

Technical Sentiment Signal: Buy

Current Market Cap: £52.72M

For an in-depth examination of ARS stock, go to TipRanks’ Overview page.

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