REG - Alien Metals Limited - Director and PDMR share purchases
28/11/2022 10:15
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RNS Number : 7781H Alien Metals Limited 28 November 2022
Trading Symbols
AIM: UFO
FWB: I3A1
28 November 2022
Alien Metals Ltd ("Alien" or "the Company")
Director and PDMR share purchases. Holdings in Company.
Alien Metals Ltd (LSE AIM:UFO), a global minerals exploration and development
company, is pleased to update shareholders of director and PDMR dealings in
relation to the managed sell down of Artemis Resources Limited's remaining
shareholding in Alien Metals Ltd.
Roderick ("Rod") McIllree, Executive Chairman, has purchased an additional
48,833,333 shares in Alien Metals Ltd. Accordingly, Rod now holds 127,404,762
shares in the Company representing 2.5% of the Company's issued share capital
which has been purchased entirely "on market". Mark Culbert, an independent
non-executive director, purchased an additional 1,666,666 shares and thereby
holds 6,666,666 Shares in the Company. Dan Smith, non-executive director has
purchased a further 2.5m shares and thereby holds 4,517,715 shares in the
Company. Troy Whittaker, the CEO of Iron Ore Company of Australia Pty Limited
("IOCA"), the Company's 100% owned subsidiary, has purchased a further
11,666,666 shares and accordingly now holds 18,809,523 shares in total.
In addition, a further 44,999,999 shares were acquired by the Company PDMR's
and employees. The balance went to existing shareholders of Alien Metals Ltd
with the process managed by WH Ireland, the Company's broker at a price of
0.30 pence per share.
The shares were purchased from Artemis Resources Ltd, who after being released
from escrow early, have now sold the remaining balance of their holding of
215,617,818 shares, representing 4.26% of the Company's total issued share
capital.
Accordingly, Artemis Resources is no longer a shareholder in the Company.
For further information please visit the Company's website at
www.alienmetals.uk, or contact:
Alien Metals Limited
Rod McIllree, Executive Chairman
Tel: +44 (0) 20 7138 3204
Beaumont Cornish Limited (Nomad)
James Biddle / Roland Cornish
Tel: +44 (0) 207 628 3396
WH Ireland Ltd (Joint Broker)
Harry Ansell / Katy Mitchell
Tel +44 (0) 207 220 1666
BlytheRay (Financial PR)
Tim Blythe / Megan Ray / Said Izagaren
Tel: +44 (0) 20 7138 3204
Notes to Editors
Alien Metals Ltd is a mining exploration and development Company listed on the
AIM market of the London Stock Exchange (LSE: UFO). The Company's focus is on
delivering a profitable, long life direct shipping iron ore operation based
out of the Pilbara in Western Australia. In 2019, the Company acquired 51% of
the Brockman and Hancock Ranges high-grade (Direct Shipping Ore) iron ore
projects and in November 2022 exercised its option to move to 90% once certain
CP's are satisfied. The Company also acquired 100% the Vivash Gorge Iron Ore
project in the west Pilbara in July 2022.
The Company acquired 100% of the Elizabeth Hill Silver Project, which consists
of the Elizabeth Hill Historic Silver Mine Mining Lease and the 115km2
exploration tenement around the mine.
In March 2022 the Company acquired 100% of the former joint venture interest
in the Munni Munni Platinum Group Metals and Gold Project in the West Pilbara,
Western Australia, one of Australia's major underexplored PGE and base metals
projects. Munni Munni holds a historic deposit containing 2.2Moz 4E PGM:
Palladium, Platinum, Gold, Rhodium.
The Company also holds silver, copper and base metal projects in Mexico
however is currently looking at the best way to divest these for the benefit
of shareholders.
Roderick McIllree
1 Details of the person discharging managerial responsibilities / person closely
associated
a) Name Roderick McIllree
2 Reason for notification
a) Position / status Executive Chairman
b) Initial notification/Amendment Initial
3 Details of the issuer, emission allowance market participant,
auction platform, auctioneer or auction monitor
a) Name Alien Metals Limited
b) LEI 213800KS2BKR6QBRHE44
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 51,333,333 Common Shares of Alien Metals Limited ISIN VGG017351021
identification code
Nature of the transaction Director's share purchase
c) Price(s) and volumes(s)
Price(s) Volumes(s)
0.30 pence 51,333,333
d) Aggregated information n/a
e) Date of the transaction 28th November 2022
f) Place of the transaction London Stock Exchange, AIM (XLON)
d)
Aggregated information
n/a
e)
Date of the transaction
28th November 2022
f)
Place of the transaction
London Stock Exchange, AIM (XLON)
Mark Culbert
1 Details of the person discharging managerial responsibilities / person closely
associated
a) Name Mark Culbert
2 Reason for notification
a) Position / status Non-Executive Director
b) Initial notification/Amendment Initial
3 Details of the issuer, emission allowance market participant,
auction platform, auctioneer or auction monitor
a) Name Alien Metals Limited
b) LEI 213800KS2BKR6QBRHE44
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 1,666,666 Common Shares of Alien Metals Limited ISIN VGG017351021
identification code
Nature of the transaction Director's share purchase
c) Price(s) and volumes(s)
Price(s) Volumes(s)
0.30 pence 1,666,666
d) Aggregated information n/a
e) Date of the transaction 28 November 2022
f) Place of the transaction London Stock Exchange, AIM (XLON)
d)
Aggregated information
n/a
e)
Date of the transaction
28 November 2022
f)
Place of the transaction
London Stock Exchange, AIM (XLON)
Dan Smith
1 Details of the person discharging managerial responsibilities / person closely
associated
a) Name Dan Smith
2 Reason for notification
a) Position / status Non-Executive Director
b) Initial notification/Amendment Initial
3 Details of the issuer, emission allowance market participant,
auction platform, auctioneer or auction monitor
a) Name Alien Metals Limited
b) LEI 213800KS2BKR6QBRHE44
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 2,500,000 Common Shares of Alien Metals Limited ISIN VGG017351021
identification code
Nature of the transaction Director's share purchase
c) Price(s) and volumes(s)
Price(s) Volumes(s)
0.30 pence 2,500,000
d) Aggregated information n/a
e) Date of the transaction 28 November 2022
f) Place of the transaction London Stock Exchange, AIM (XLON)
d)
Aggregated information
n/a
e)
Date of the transaction
28 November 2022
f)
Place of the transaction
London Stock Exchange, AIM (XLON)
Troy Whittaker
1 Details of the person discharging managerial responsibilities / person closely
associated
a) Name Troy Whittaker
2 Reason for notification
a) Position / status PDMR
b) Initial notification/Amendment Initial
3 Details of the issuer, emission allowance market participant,
auction platform, auctioneer or auction monitor
a) Name Alien Metals Limited
b) LEI 213800KS2BKR6QBRHE44
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 11,666,666 Common Shares of Alien Metals Limited ISIN VGG017351021
identification code
Nature of the transaction PDMR share purchase
c) Price(s) and volumes(s)
Price(s) Volumes(s)
0.30 pence 11,666,666
d) Aggregated information n/a
e) Date of the transaction 28th November 2022
f) Place of the transaction London Stock Exchange, AIM (XLON)
d)
Aggregated information
n/a
e)
Date of the transaction
28th November 2022
f)
Place of the transaction
London Stock Exchange, AIM (XLON)
Lloyd Edmunds
1 Details of the person discharging managerial responsibilities / person closely
associated
a) Name Lloyd Edmunds
2 Reason for notification
a) Position / status PDMR
b) Initial notification/Amendment Initial
3 Details of the issuer, emission allowance market participant,
auction platform, auctioneer or auction monitor
a) Name Alien Metals Limited
b) LEI 213800KS2BKR6QBRHE44
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 11,666,666 Common Shares of Alien Metals Limited ISIN VGG017351021
identification code
Nature of the transaction PDMR share purchase
c) Price(s) and volumes(s)
Price(s) Volumes(s)
0.30 pence 11,666,666
d) Aggregated information n/a
e) Date of the transaction 28 November 2022
f) Place of the transaction London Stock Exchange, AIM (XLON)
d)
Aggregated information
n/a
e)
Date of the transaction
28 November 2022
f)
Place of the transaction
London Stock Exchange, AIM (XLON)
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