Notification of dealings by a Director/PDMR

ACG Metals

27/03/2025 09:34

RNS Number : 4980C

ACG Metals Limited

27 March 2025

 

27 March 2025

 

ACG METALS LIMITED

("ACG" or the "Company")

Notification of dealings by a Director/PDMR

 

The Company has been notified that on 21 March 2025 certain Directors of the Company or their connected parties have been issued with Class A Ordinary Shares in the capital of the Company ("Shares") as a result of a mandatory exchange of certain warrants held by those directors following a tender offer conducted by the Company. Details of this issuance are as follows:

 

PDMR/Director
Date of Issuance
Number of Class A Ordinary Shares issued
Total Shares held prior
Total Shares held post-transaction
Purchase price (USD)
Patrick Henze
21 March 2025
15,630
247,868
263,498
5.00
Artem Volynets
21 March 2025
89,548
472,731
562,279
5.00

 

The below notifications are made in accordance with the requirements of Article 19(3) of the EU Market Abuse Regulation No 596/2014.

 

1
Details of the person discharging managerial responsibilities/person closely associated
a)
Name
Patrick Henze
2
Reason for the notification
a)
Position/status
CFO
b)
Initial notification/Amendment
Initial notification
3
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)
Name
ACG Metals Limited
b)
LEI
549300NXL2KSHKJXTU29
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
Class A Ordinary Shares in ACG Metals Limited
ISIN: VGG0056A1030
b)
Nature of the transaction
Mandatory exchange of Class A Ordinary Shares for warrants
c)
Price(s) and volume(s)
Price(s)
Volume(s)
USD$5.00
15630 Class A Ordinary Shares
e)
Date of the transaction
21 March 2025 (CET)
f)
Place of the transaction
Outside a trading venue

 

 

1
Details of the person discharging managerial responsibilities/person closely associated
a)
Name
Artem Volynets
2
Reason for the notification
a)
Position/status
CEO
b)
Initial notification/Amendment
Amendment to prior notifications.
The incorrect number of shares inserted,
increasing from 66,549 to 78,590
3
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)
Name
ACG Metals Limited
b)
LEI
549300NXL2KSHKJXTU29
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
Class A Ordinary Shares in ACG Metals Limited
ISIN: VGG0056A1030
b)
Nature of the transaction
Mandatory exchange of Class A Ordinary Shares for warrants
c)
Price(s) and volume(s)
Price(s)
Volume(s)
USD$5.00
78590 Class A Ordinary Shares
e)
Date of the transaction
21 March 2025
f)
Place of the transaction
Outside a trading venue

 

 

1
Details of the person discharging managerial responsibilities/person closely associated
a)
Name
Artem Volynets (ACG Advisory Ltd)
2
Reason for the notification
a)
Position/status
Chairman/CEO - Closely associated with Artem Volynets
b)
Initial notification/Amendment
Initial notification
3
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)
Name
ACG Metals Limited
b)
LEI
549300NXL2KSHKJXTU29
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
Class A Ordinary Shares in ACG Metals Limited
ISIN: VGG0056A1030
b)
Nature of the transaction
Mandatory exchange of Class A Ordinary Shares for warrants
c)
Price(s) and volume(s)
Price(s)
Volume(s)
USD$5.00
10958 Class A Ordinary Shares
e)
Date of the transaction
21 March 2025
f)
Place of the transaction
Outside a trading venue

 

- ENDS -

The person responsible for the release of this information on behalf of the Company is Artem Volynets, Chief Executive Officer.

 

For further information please contact:

 

Palatine                                                           acg@palatine-media.com

Communications Advisor

Conal Walsh / James Gilheany/ Kelsey Traynor/ Richard Seed

 

About the Company

 

ACG Metals is a company with a vision to consolidate the copper industry through a series of roll-up acquisitions, with best-in-class ESG and carbon footprint characteristics.

 

In September 2024, ACG successfully completed the acquisition of the Gediktepe Mine, an operating open pit mine in Türkiye currently producing 34 koz of gold and 361 koz of silver. Gediktepe is expected to transition to primary copper and zinc production from 2026 and will target annual steady-state copper equivalent production of 20-25 kt.

 

ACG's team has extensive M&A experience built through decades spent at blue-chip multinationals in the sector. The team brings a significant network as well as a commitment to ESG principles and strong corporate governance.

 

For more information about ACG, please visit: https://acgmetals.com/ 

 

 

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