REG - Andrada Mining Ltd - Director/PDMR Shareholding

Andrada MiningAnnouncement

04/03/2025 17:00

For best results when printing this announcement, please click on link below:
https://newsfile.refinitiv.com/getnewsfile/v1/story?guid=urn:newsml:reuters.com:20250304:nRSD3378Za&default-theme=true

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                                    +27 (11) 268 6555
 Andrada Mining Limited

Anthony Viljoen, CEO

 Sakhile Ndlovu, Head of Investor Relations
 NOMINATED ADVISOR & BROKER
 Zeus Capital                                  +44 (0) 20 2382 9500

Katy Mitchell

 Andrew de Andrade

 Harry Ansell
 CORPORATE BROKER & ADVISOR
 H&P Advisory Limited                         +44 (0) 20 7907 8500

Andrew Chubb

 Jay Ashfield

 Matt Hasson
 Berenberg                                    +44 (0) 20 3753 3040

Jennifer Lee

 Natasha Ninkov
 FINANCIAL PUBLIC RELATIONS
 Tavistock                                    +44 (0) 207 920 3150

Emily Moss

                                            andrada@tavistock.co.uk
 Josephine Clerkin

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  Ordinary share

     Identification code

                                                                  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                                       Price(s)  Volume(s)

                                                            1.96p     7 382 811
     -    Aggregated volume

     -     Price
 e)  Date of the transaction                                      3 March 2025
 f)  Place of the transaction                                     XLON, AIM

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  Ordinary share

     Identification code

                                                                  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                                       Price(s)  Volume(s)

                                                            1.96p     655 673
     -    Aggregated volume

     -     Price
 e)  Date of the transaction                                      3 March 2025
 f)  Place of the transaction                                     XLON, AIM

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 (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  DSHFLFSRVDISIIE