Director/PDMR Shareholding

Andrada Mining

04/03/2025 16:51

RNS Number : 3378Z

Andrada Mining Limited

04 March 2025

 

The information contained within this announcement is deemed by the company to constitute inside information as stipulated under the market abuse regulations (EU) no. 596/2014 (MAR) as in force in the United Kingdom pursuant to the European Union (withdrawal) act 2018. Upon the publication of this announcement via regulatory information service (RIS), this inside information will be in the public domain.

Andrada Mining Limited

("Andrada" or the "Company")

PDMR Trading

Andrada Mining Limited (AIM: ATM, OTCQB: ATMTF), a tin producer with a critical raw materials portfolio of mining and exploration assets in Namibia, has received notice that Chief Strategy Officer, Frans Van Daalen sold 7 382 811 shares at a price of 1.96 pence on 3 March 2025. Notice was also received that Chief Operational Officer, Chris Smith sold 655 673 shares at a price of 1.96 pence on 3 March 2025. The sale of the shares was undertaken solely to meet taxation obligations.

Number of shares sold by PDMRs

Executive Director/ PDMR
Role
Number of Shares Sold
Previous Holding
New Holding
Resulting Interest in the Share Capital of the Company (%)
Frans Van Daalen
CSO
7 382 811
7 724 521
341 710
0.02
Christoffel Smith
COO
655 673
3 297 518
2 641 845
0.17

 

CONTACTS
Andrada Mining Limited
Anthony Viljoen, CEO
Sakhile Ndlovu, Head of Investor Relations
+27 (11) 268 6555
NOMINATED ADVISOR & BROKER
Zeus Capital
Katy Mitchell
Andrew de Andrade
Harry Ansell
+44 (0) 20 2382 9500
CORPORATE BROKER & ADVISOR
H&P Advisory Limited
Andrew Chubb
Jay Ashfield
Matt Hasson
+44 (0) 20 7907 8500
Berenberg
Jennifer Lee
Natasha Ninkov
+44 (0) 20 3753 3040
FINANCIAL PUBLIC RELATIONS
Tavistock
Emily Moss
Josephine Clerkin
+44 (0) 207 920 3150
andrada@tavistock.co.uk

About Andrada Mining Limited

Andrada Mining Limited is listed on the London Stock Exchange (AIM), New York (OTCQB) and Namibia Stock Exchange, and has mining assets in Namibia, a top-tier investment jurisdiction in Africa. Andrada strives to produce critical raw materials from a large resource portfolio, to contribute to a more sustainable future, improved living conditions and the upliftment of communities adjacent to its operations. Leveraging its strong foundation in Namibia, Andrada is on a strategic path to becoming a leading African producer of critical metals including tin, lithium, tungsten, tantalum and copper. These metals are important enablers of the green energy transition, being essential for components of electric vehicles, solar panels and wind turbines.

 

1
Details of the person discharging managerial responsibilities/person closely associated
a)
Name
Frans van Daalen
2
Reason for the notification
a)
Position/status
Chief Strategy Officer
b)
Initial notification/ Amendment
Initial notification
3
Details of the issuer, emission allowance market participant, auction platform, auctioneer, or auction monitor
a)
Name
Andrada Mining plc
b)
LEI
213800FKOXWBL6JBVH90
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
Ordinary share
GG00BD95V148
b)
Nature of the transaction
Change of exercise price of existing options
c)
Price(s) and volume(s)
Price(s)
Volume(s)
1.96p
7 382 811
d)
Aggregated information
- Aggregated volume
- Price
Price(s)
Volume(s)
1.96p
7 382 811
e)
Date of the transaction
3 March 2025
f)
Place of the transaction
XLON, AIM

 

1
Details of the person discharging managerial responsibilities/person closely associated
a)
Name
Chris Smith
2
Reason for the notification
a)
Position/status
Chief Operational Officer
b)
Initial notification/ Amendment
Initial notification
3
Details of the issuer, emission allowance market participant, auction platform, auctioneer, or auction monitor
a)
Name
Andrada Mining plc
b)
LEI
213800FKOXWBL6JBVH90
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
Ordinary share
GG00BD95V148
b)
Nature of the transaction
Change of exercise price of existing options
c)
Price(s) and volume(s)
Price(s)
Volume(s)
1.96p
655 673
d)
Aggregated information
- Aggregated volume
- Price
Price(s)
Volume(s)
1.96p
655 673
e)
Date of the transaction
3 March 2025
f)
Place of the transaction
XLON, AIM

 

 

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 or visit 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.

 
  END

 

 
DSHFLFSRVDISIIE