REG - First Tin PLC - Director/PDMR Shareholding

First TinAnnouncement

19/08/2024 07:15

For best results when printing this announcement, please click on link below:
http://newsfile.refinitiv.com/getnewsfile/v1/story?guid=urn:newsml:reuters.com:20240819:nRSS8382Aa&default-theme=true

RNS Number : 8382A  First Tin PLC  19 August 2024

19 August 2024

First Tin Plc

("First Tin" or "the Company")

Director/PDMR dealing

First Tin PLC, a tin development company with advanced, low capex projects in
Germany and Australia, announces that it has been notified that Metals X
Limited, a person closely associated with Brett Smith and Peter Gunzburg, who
are both Non-Executive Directors at the Company, has purchased 1,000,000
shares in First Tin at a price of 5.5 pence per share on Friday 16 August
2024,

Following this transaction, MetalsX Limited holds a beneficial interest in
73,500,000 Ordinary Shares representing 23.07 per cent of the Company's issued
share capital.

NOTIFICATION AND PUBLIC DISCLOSURE OF TRANSACTIONS BY PERSONS DISCHARGING
MANAGERIAL RESPONSIBILITIES AND PERSONS CLOSELY ASSOCIATED WITH THEM:

 1.    Details of the person discharging managerial responsibilities/person closely
       associated
 a)    Name:                                                         Brett Smith and Peter Gunzburg both Non-Executive Directors are also directors
                                                                     of Metals X Limited
 2.    Reason for the notification
 a)    Position/status:                                              Non-Executive Director
 b)    Initial notification/Amendment:                               Initial notification
 3.    Details of the issuer, emission allowance market participant, auction
       platform, auctioneer or auction monitor
 a)    Name:                                                         First Tin PLC
 b)    LEI:                                                          LEI: 984500CSA7TBE3FB7C63
 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:  Ordinary shares of 0.1 pence each

       Identification code:  GB00BNR45554

 b)    Nature of the transaction:                                    Purchase of Ordinary Shares
 c)    Price(s) and volume(s):

Price(s)   Volume(s)
                                                                     GBX 0.055  1,000,000
 d)    Aggregated information:                                       Single transaction as in 4 c) above

Price(s)  Volume(s)
       Aggregated volume:

       Price:
 e)    Date of the transaction:                                      16.08.2024
 f)    Place of the transaction:                                     London Stock Exchange, Main Market

d)

Aggregated information:

Aggregated volume:

Price:

Single transaction as in 4 c) above

 Price(s)  Volume(s)

e)

Date of the transaction:

16.08.2024

f)

Place of the transaction:

London Stock Exchange, Main Market

 

Enquiries:

 

 First Tin                                                                     Via SEC Newgate below
 Bill Scotting - Chief Executive Officer
 Arlington Group Asset Management Limited (Financial Advisor and Joint Broker
 and Bookrunner)
 Simon Catt                                                                    020 7389 5016

 Zeus Capital Limited (Joint Broker)
 Harry Ansell/Dan Bristowe/Katy Mitchell                                       020 3829 5000

 SEC Newgate (Financial Communications)
 Elisabeth Cowell / Molly Gretton                                              07900 248 213

 

Notes to Editors

First Tin PLC is an ethical, reliable, and sustainable tin production company
led by a team of renowned tin specialists. The Company is focused on becoming
a tin supplier in conflict-free, low political risk jurisdictions through the
rapid development of high value, low capex tin assets in Germany and
Australia, which have been de-risked significantly, with extensive work
undertaken to date.

Tin is a critical metal, vital in any plan to decarbonise and electrify the
world, yet Europe has very little supply. Rising demand, together with
shortages, is expected to lead tin to experience sustained deficit markets for
the foreseeable future.

First Tin's goal is to use best-in-class environmental standards to bring two
tin mines into production in three years, providing provenance of supply to
support the current global clean energy and technological revolutions.

 

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact
rns@lseg.com (mailto:rns@lseg.com)
 or visit
www.rns.com (http://www.rns.com/)
.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our
Privacy Policy (https://www.lseg.com/privacy-and-cookie-policy)
.   END  DSHEAFPXFFLLEFA