For best results when printing this announcement, please click on link below:
http://newsfile.refinitiv.com/getnewsfile/v1/story?guid=urn:newsml:reuters.com:20230323:nRSW9307Ta&default-theme=true
RNS Number : 9307T Kodal Minerals PLC 23 March 2023
Kodal Minerals Plc / Index: AIM / Epic: KOD / Sector: Mining
23 March 2023
Kodal Minerals plc
("Kodal Minerals", "Kodal" or the "Company")
Director dealings and shareholdings
Kodal Minerals, the mineral exploration and development company focused on
lithium and gold assets in West Africa, announces that it has been informed
that on 21 March 2023 and 22 March 2023, Steven Zaninovich, Operations
Director of the Company, and Charles Joseland, Non-Executive Director of the
Company, have respectively sold 30,000,000 and 5,000,000 ordinary shares
of 0.03125 pence each in the Company ("Ordinary Shares") (together the
"Director Dealings") in order to satisfy the cost and tax liabilities arising
from the exercise of options and warrants, as announced by the Company on 20
March 2023. The Directors do not anticipate making any further sales in the
immediate future pursuant to the options and warrants exercised on 20 March
2023.
Full details of the Director Dealings including the sale prices are outlined
below.
Name Trade date No. of Ordinary Shares sold Average price per Ordinary Share sold
Charles Joseland 21/03/2023 2,642,857 0.39544p
22/03/2023 2,357,143 0.38471p
Steven Zaninovich 21/03/2023 15,857,143 0.39544p
22/03/2023 14,142,857 0.38471p
Following the Director Dealings, the directors of the Company now hold the
following shareholdings in the Company (and not as stated in the Company's
announcement on 20 March 2023):
Name Total No. of Ordinary Shares sold No. of Ordinary Shares now held Percentage of existing issued share capital now held
Bernard Aylward 0 251,364,799 1.48%
Steven Zaninovich 30,000,000 7,142,847 0.04%
Robert Wooldridge 0 169,973,858 1.00%
Charles Joseland 5,000,000 11,250,000 0.07%
Qingtao Zeng 0 11,392,857 0.07%
Details of the Director Dealings in which directors are interested in are set
out in the table at the end of this announcement, which has been provided in
accordance with the requirements of the UK Market Abuse Regulation.
For further information, please visit www.kodalminerals.com or contact the
following:
Kodal Minerals plc
Bernard Aylward, CEO Tel: +61 418 943 345
Allenby Capital Limited, Nominated Adviser
Jeremy Porter/Vivek Bhardwaj/Nick Harriss Tel: 020 3328 5656
SP Angel Corporate Finance LLP, Financial Adviser & Joint Broker
John Mackay/Adam Cowl Tel: 020 3470 0470
Canaccord Genuity UK Limited, Joint Broker
James Asensio/Gordon Hamilton Tel: 0207 523 4680
St Brides Partners Ltd, Financial PR
Susie Geliher/Ana Ribeiro Tel: 020 7236 1177
1 Details of the person discharging managerial responsibilities / person closely
associated
a) Name Charles Joseland
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 Kodal Minerals plc
b) LEI 213800VKFS7TS32EGI81
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 0.03125p
Identification code GB00BH3X7Y70
b) Nature of the transaction Sale of Ordinary Shares
c) Price(s) and volume(s) Price(s) Volume(s)
0.39544p 2,642,857
0.38471p 2,357,143
d) Aggregated information
- Aggregated volume 5,000,000 Ordinary Shares
- Price
n/a (see price breakdown above)
e) Date of transaction 21 to 22 March 2023
f) Place of the transaction London Stock Exchange - XLON
d)
Aggregated information
- Aggregated volume
- Price
5,000,000 Ordinary Shares
n/a (see price breakdown above)
e)
Date of transaction
21 to 22 March 2023
f)
Place of the transaction
London Stock Exchange - XLON
1 Details of the person discharging managerial responsibilities / person closely
associated
a) Name Steven Zaninovich
2 Reason for the notification
a) Position/status Executive Director - Operations Director
b) Initial notification /Amendment Initial notification
3 Details of the issuer, emission allowance market participant, auction
platform, auctioneer or auction monitor
a) Name Kodal Minerals plc
b) LEI 213800VKFS7TS32EGI81
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 0.03125p
Identification code GB00BH3X7Y70
b) Nature of the transaction Sale of Ordinary Shares
c) Price(s) and volume(s) Price(s) Volume(s)
0.39544p 15,857,143
0.38471p 14,142,857
d) Aggregated information
- Aggregated volume 30,000,000 Ordinary Shares
- Price
n/a (see price breakdown above)
e) Date of transaction 21 to 22 March 2023
f) Place of the transaction London Stock Exchange - XLON
d)
Aggregated information
- Aggregated volume
- Price
30,000,000 Ordinary Shares
n/a (see price breakdown above)
e)
Date of transaction
21 to 22 March 2023
f)
Place of the transaction
London Stock Exchange - XLON
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 DSHFFFVIVTIFFIV