PDMR Shareholding

Highland Gold Mining Limited (“Highland Gold” or the “Company”) has been notified that the following Director’s holding of ordinary shares in the Company was transferred to a nominee account with Pershing Nominees Limited.

Name Position Number of shares in the Company transferred Total number of shares held
(number of shares,
percentage of share capital)
Eugene Shvidler Executive Chairman 40 853 660
12.56%
40 853 660

There is no change in the Director’s total beneficial holding in the Company. The total number of Highland Gold ordinary shares in issue remains unchanged at 325,222,098.

FOR FURTHER INFORMATION PLEASE CONTACT:
Highland Gold John Mann, Head of Communications
+ 7 495 424 95 21
Duncan Baxter, Non-Executive Director
+ 44 (0) 1534 814 202
Numis Securities Limited
(Nominated Adviser and Broker) John Prior, James Black Paul Gillam +44 (0) 207 260 1000
Peat & Co
(Joint Broker) Charlie Peat
+44 (0) 207 104 2334

HIGHLAND GOLD MINING LIMITED
DIRECTORS’ DEALINGS IN SECURITIES
DEALING NOTIFICATION FORM

FOR USE BY PERSONS DISCHARGING MANAGERIAL
RESPONSIBILITY AND THEIR CLOSELY ASSOCIATED PERSONS
1. Details of the person discharging managerial responsibilities/person closely associated
a) Name: Eugene Shvidler
2. Reason for the notification
a) Position/status: Executive Chairman
b) Initial notification/Amendment: Initial notification
3. Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a) Company name: Highland Gold Mining Ltd.
b) LEI: Not applicable
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 1p each GB0032360173
b) Nature of the transaction: Transfer of legal title to shares from a person discharging managerial responsibilities to a nominee. This transaction does not change the beneficial interest in the shares
c)

Price(s) Volume

Nil consideration 40 853 660

d) Aggregated information:

Price Total Volume
Nil consideration 40 853 660
e) Date of the transaction: 28 February 2017
f) Place of the transaction: Outside a trading venue