Director Share Purchases
Cobra Resources plc announced director share purchases on July 29, 2026, with Rosie Verco, spouse of the Managing Director, acquiring 250,000 ordinary shares at 4.1 pence each, increasing the Managing Director's beneficial interest to 1,499,998 shares (0.14% of issued capital). Additionally, the new Chief Financial Officer, Cormac Byrne, purchased 150,000 ordinary shares at the same price, bringing his holding to 150,000 shares (0.014% of issued capital). These transactions indicate confidence from company leadership in Cobra Resources' prospects.
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Cobra (LSE: COBR), a South Australian mineral exploration and development company, announces the purchase of shares in the Company by Directors on 29 July 2026.
Rosie Verco, the spouse of Rupert Verco, Managing Director of the Company, purchased 250,000 Ordinary shares at 4.1 pence per share. As a result, Mr Verco is deemed beneficially interested in 1,499,998 Ordinary shares, representing 0.14% of the issued share capital.
Cormac Byrne, the recently appointed new Chief Financial Officer of the Company, purchased 150,000 Ordinary shares at 4.1 pence. My Byrne's shareholding is now 150,000 Ordinary shares, representing 0.014% of the issued share capital.
Regional map showing Cobra's tenements in South Australia
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Appendix
| 1 | Details of the person discharging managerial responsibilities / person closely associated | |||||
| a) | Name | Rosie Verco | ||||
| 2 | Reason for Notification | |||||
| a) | Position/status | Person closely associated with Rupert Verco, Managing Director (PDMR) | ||||
| b) | Initial notification/amendment | Initial notification | ||||
| a) | Name | Cobra Resources plc | ||||
| b) | LEI | 213800XTW5PLLK72TQ57 | ||||
| a) | Description of the financial instrument, type of instrument | Ordinary shares | ||||
| Identification code | GB00BGJW5255 | |||||
| b) | Nature of the transaction | Purchase of Ordinary shares | ||||
| c) | Price(s) and volume(s) |
| ||||
| d) | Aggregated information | |||||
| - Aggregated volume | N/A | |||||
| - Price | N/A | |||||
| e) | Date of the transaction | 29 July 2026 | ||||
| f) | Place of the transaction | Off market | ||||
| 1 | Details of the person discharging managerial responsibilities / person closely associated | |||||
| a) | Name | Cormac Byrne | ||||
| 2 | Reason for Notification | |||||
| a) | Position/status | Chief Financial Officer, PDMR | ||||
| b) | Initial notification/amendment | Initial notification | ||||
| a) | Name | Cobra Resources plc | ||||
| b) | LEI | 213800XTW5PLLK72TQ57 | ||||
| a) | Description of the financial instrument, type of instrument | Ordinary shares | ||||
| Identification code | GB00BGJW5255 | |||||
| b) | Nature of the transaction | Grant of Share Options | ||||
| c) | Price(s) and volume(s) |
| ||||
| d) | Aggregated information | |||||
| - Aggregated volume | N/A | |||||
| - Price | N/A | |||||
| e) | Date of the transaction | 29 July 2026 | ||||
| f) | Place of the transaction | Off market |
Cleaned text: letterheads, contacts and legal notices removed. View the original announcement ↗ · Company filings. Not investment advice.