REG - ACG Metals Ltd. - Notification of dealings by a Director/PDMR

ACG MetalsAnnouncement

27/03/2025 09:45

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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  Class A Ordinary Shares in ACG Metals Limited

     Identification code                                          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

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  Class A Ordinary Shares in ACG Metals Limited

     Identification code                                          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

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  Class A Ordinary Shares in ACG Metals Limited

     Identification code                                          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

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 (mailto: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/
(https://acgmetals.com/)

 

 

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