Oriole Resources PLC (LSE:ORR) has disclosed share dealings by two board members, with Chief Financial Officer Robert Smeeton and Executive Director of Exploration Claire Bay completing Bed and ISA transactions on 18 December 2025. The trades involved the sale and immediate repurchase of several million shares at a price of 0.28 pence, allowing both directors to transfer part of their holdings into tax-efficient Individual Savings Accounts.
Following the transactions, Smeeton’s total beneficial interest amounts to 47,002,118 shares, representing approximately 0.99% of Oriole’s issued share capital. Bay now holds 16,298,491 shares, or around 0.34% of the company. The company said the trades reflect portfolio restructuring for tax purposes rather than any change in the directors’ underlying exposure to Oriole.
The disclosure comes as Oriole continues to advance its core gold exploration portfolio across Cameroon and Senegal, working alongside multiple strategic partners on funded development programmes.
More about Oriole Resources PLC
Oriole Resources PLC is an AIM-listed gold exploration company focused on early-stage assets in West and Central Africa, with a particular emphasis on Cameroon. Its flagship Mbe project hosts a JORC Inferred Mineral Resource of 870,000 ounces of gold, alongside an Exploration Target at the MB01-N zone. A fully funded maiden drilling programme at MB01-N commenced in November 2025, supported by partner BCM’s US$4 million earn-in for a 50% project interest.
In addition, Oriole holds a 50% stake in the Bibemi gold project in Cameroon, which carries a reported resource of 460,000 ounces of gold and is progressing an exploitation licence application. The company also retains exposure to Senegal’s Senala project, where Managem Group subsidiary AGEM has earned an approximate 59% interest after investing US$5.8 million, as well as a portfolio of additional interests and royalty positions in East Africa and Turkey that could provide future cash flow optionality.
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