Bisichi Mining PLC is a fully listed mining company and its principal activity is coal mining in South Africa. The group is a controlling shareholder in Black Wattle Colliery, a coal mining and coal washing operation situated in Mpumulanga, South Africa. The groups’ strategy is to create and deliver long term sustainable value to its stake holders through the acquisition and investment in new mining operations in South Africa as well as through the development of its existing operations. In addition to its mining activities, the group seeks to balance the high risk of mining with a dependable cash flow and capital appreciation from its UK property investment operations. The group invests in retail property across the UK and owns a portfolio of retail property currently worth some £14m. 

Sir Michael Heller, Chairman. Andrew Heller, Managing Director.


5 September 2019

Bisichi Mining Plc (“Bisichi” or the “Company”)

Director/PDMR Shareholding

The Company has today been notified that on 5 September 2019,  Mrs Susan Heller, transferred 25,000 ordinary shares of 10 pence each in the Company (“Ordinary Shares”) into the Self Invested Personal Pension of Mr Andrew Robert Heller, a director of the Company, for a consideration of £1.10 per Ordinary Share (the “Transfer”).

Following the Transfer, Mr Heller’s beneficial holding remains unchanged at 785,012 Ordinary Shares representing 7.35 per cent. of the current issued share capital of the Company.

The notification below, made in accordance with the requirements of the EU Market Abuse Regulation, provides further details of the Transfer.

1 Details of the person discharging managerial responsibilities / person closely associated
a) Name Mrs Susan Heller and Mr Andrew Heller
2 Reason for the notification
a) Position/status Mrs Susan Heller is the spouse of Mr Andrew Heller (director of the Company)
b) Initial notification /Amendment Initial notification
3 Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a) Name Bisichi Mining Plc
b) LEI 213800RRWN6ZBPW2ZV03
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

Identification code

Ordinary shares of 10 pence each in the Company (“Ordinary Shares”)


b) Nature of the transaction Transfer of Ordinary Shares from  Mrs Susan Heller  to the SIPP of Mr Andrew Heller


Price(s) and volume(s)

Price(s) Volume(s)
£1.10 per share 25,000 Ordinary Shares
d) Aggregated information

– Aggregated volume

– Price

N/A (single transaction)

e) Date of the transaction 5/09/2019
f) Place of the transaction LSE

Contact: Garrett Casey, Company Secretary 020 7415 5030