REG - Atlantic Lithium Ltd - PCA Dealings

Atlantic LithiumAnnouncement

10/08/2023 09:15

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RNS Number : 9359I  Atlantic Lithium Limited  10 August 2023

10 August 2023

PCA Dealings

The Board of Atlantic Lithium Limited (AIM: ALL, ASX: A11, OTCQX: ALLIF,
"Atlantic Lithium" or the "Company"), the African-focused lithium exploration
and development company targeting to deliver Ghana's first lithium mine,
wishes to advise that it has been notified that a person closely associated
("PCA") to Len Kolff, Head of Business Development & Chief Geologist, a
Director and person discharging managerial responsibilities ("PDMR") of the
Company, has purchased in the market a total of 150,000 ordinary shares of no
par value each ("Ordinary Shares"), equating to an aggregate value of
£26,702. Mr Kolff's resultant interest is now as follows:

 Director / PDMR Role                                 Number of Ordinary Shares purchased  Resultant number of Ordinary Shares beneficially held  Resultant percentage of issued share capital beneficially held
 Mr Len Kolff                                         150,000                              3,180,852                                              0.52%

 Head of Business Development & Chief Geologist

 

NOTIFICATION AND PUBLIC DISCLOSURE OF TRANSACTIONS BY PERSONS DISCHARGING
MANAGERIAL RESPONSIBILITIES AND PERSONS CLOSELY ASSOCIATED WITH THEM:

TABLE 1 - PURCHASE OF ORDINARY SHARES

 1.          Details of the person discharging managerial responsibilities/person closely
             associated
 a)          Name:                                                         Melisa Kolff van Oosterwijk
 2.          Reason for the notification
 a)          Position/status:                                              PCA of Lennard Kolff van Oosterwijk - Head of Business Development & Chief
                                                                           Geologist
 b)          Initial notification/Amendment:                               Initial notification
 3.          Details of the issuer, emission allowance market participant, auction
             platform, auctioneer or auction monitor
 a)          Name:                                                         Atlantic Lithium Limited
 b)          LEI:                                                          213800H1JY3J7BB6BN06
 4.          1.    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 Shares of no par in the Company

             Identification code:                                          ISIN: AU0000237554
 b)          Nature of the transaction:                                    Purchase of Ordinary Shares

 c)          Price(s) and volume(s):                                       Price(s)     Volume(s)

                                                                           AUD0.345     29,250

                                                                           AUD0.36      20,750

                                                                           17.5 pence   100,000

 d)          Aggregated information:                                       Purchase of 150,000 Ordinary Shares at an average price of 18 pence (AUD0.357)

                                                             per Ordinary Share

 e)          Date of the transaction:                                      09 & 10 August 2023
 f)          Place of the transaction:                                     AIM Market (ALL), ASX (A11)

d)

Aggregated information:

 

Purchase of 150,000 Ordinary Shares at an average price of 18 pence (AUD0.357)
per Ordinary Share

 

e)

Date of the transaction:

09 & 10 August 2023

f)

Place of the transaction:

AIM Market (ALL), ASX (A11)

 

Certain information contained in this announcement would have been deemed
inside information for the purposes of Article 7 of Regulation (EU) No
596/2014 until the release of this announcement.

 

For any further information, please contact:
Atlantic Lithium Limited

Neil Herbert (Executive Chairman)

Amanda Harsas (Finance Director and Company Secretary)

   www.atlanticlithium.com.au
   IR@atlanticlithium.com.au
   Tel: +61 2 8072 0640

 

 SP Angel Corporate Finance LLP   Yellow Jersey PR Limited                                           Canaccord Genuity Limited

 Nominated Adviser                Charles Goodwin                                                    Company Broker

 Jeff Keating                     Bessie Elliot                                                      Raj Khatri / James Asensio

                                atlantic@yellowjerseypr.com (mailto:atlantic@yellowjerseypr.com)

 Charlie Bouverat
                                                                  Harry Rees

                                Tel: +44 (0)20 3004 9512

 Tel: +44 (0)20 3470 0470
                                                                  Tel: +44 (0) 20 7523 4500

 

Notes to Editors:

 

About Atlantic Lithium

www.atlanticlithium.com.au (http://www.atlanticlithium.com.au/)

Atlantic Lithium is an AIM and ASX-listed lithium company advancing a
portfolio of lithium projects in Ghana and Côte d'Ivoire through to
production.

The Company's flagship project, the Ewoyaa Project in Ghana, is a significant
lithium spodumene pegmatite discovery on track to become Ghana's first
lithium-producing mine. The Company signed a funding agreement with Piedmont
Lithium Inc. towards the development of the Ewoyaa Project. Atlantic Lithium
is currently advancing the Ewoyaa Project through feasibility studies and
intends to be producing a spodumene concentrate via simple gravity only
process flowsheet.

Atlantic Lithium holds 560km(2) and 774km(2) of tenure across Ghana and Côte
d'Ivoire respectively, comprising significantly under-explored, highly
prospective licences.

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