REG - Danakali Limited - Issue of unlisted options; PDMR & PCA transactions

DanakaliAnnouncement

01/09/2020 09:00

RNS Number : 6420X
  
Danakali Limited
  
01 September 2020
  
 




Announcement


Tuesday, 1 September 2020



 
Issue of unlisted options and notification of PDMR and PCA transactions
 
Danakali Limited (ASX: DNK / LSE: DNK) (Danakali, or the Company) advises that further to its announcement on 21 August 2020, the Company has completed the issue of 947,041 unlisted options at an exercise price of $0.00 expiring 31 December 2021 to employees of the Company.  
 
Notification of PDMR and PCA transactions
 
The Company has received notifications from person discharging managerial responsibilities (PDMR) and persons closely associated (PCA) with a PDMR with respect to the 947,041 unlisted options issued.
 
In addition, the Company has received notification that Mr Seamus Cornelius, Non-Executive Chairman of the Company and a person discharging managerial responsibilities (PDMR), has transferred via an off market transfer 600,000 shares held directly in his name to Sima QXX Superannuation Fund, a person closely associated (PCA) with Mr Seamus Cornelius.
 
The relevant notifications set out below are provided in accordance with the requirements of Article 19 of the EU Market Abuse Regulation.
 



1 
 


Details of the person discharging managerial responsibilities / person closely associated




a) 
 


Name 


Niels Wage




2 
 


Reason for the notification 




a) 
 


Position/status 
 


PDMR (Chief Executive Officer)




b) 
 


Initial notification /Amendment 


Initial notification




3 
 


Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor 
 
 




a) 
 


Name 


Danakali Limited




b) 
 


LEI 


5493004SQ5E5Q6VRT472 
 




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 


Unlisted Option exercisable at $0.00 expiring 31 December 2021
 














Identification code 


AU000000DNK9














b) 
 


Nature of the transaction 
 


Issue of unlisted options
 




c) 
 


Price(s) and volume(s)


 



Price(s)


Volume(s)




Nil


471,030



 




d)


Aggregated information 
-       Aggregated volume
-       Price
-       Total


 
N/A




e) 
 


Date of the transaction 
 


31 August 2020




f) 
 


Place of the transaction 
 


Outside a trading venue



 
 



1 
 


Details of the person discharging managerial responsibilities / person closely associated




a) 
 


Name 


Melissa Rose Tarrant




2 
 


Reason for the notification 




a) 
 


Position/status 
 


PCA of PDMR Stuart Tarrant (Chief Financial Officer)




b) 
 


Initial notification /Amendment 


Initial notification




3 
 


Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor 
 
 




a) 
 


Name 


Danakali Limited




b) 
 


LEI 


5493004SQ5E5Q6VRT472 
 




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 


Unlisted Option exercisable at $0.00 expiring 31 December 2021
 














Identification code 


AU000000DNK9














b) 
 


Nature of the transaction 
 


Issue of unlisted options
 




c) 
 


Price(s) and volume(s)


 



Price(s)


Volume(s)




Nil


241,968



 




d)


Aggregated information 
-       Aggregated volume
-       Price
-       Total
 


 
N/A




e) 
 


Date of the transaction 
 


31 August 2020




f) 
 


Place of the transaction 
 


Outside a trading venue



 
 



1 
 


Details of the person discharging managerial responsibilities / person closely associated




a) 
 


Name 


Tony Harrington




2 
 


Reason for the notification 




a) 
 


Position/status 
 


PDMR (Project Director)




b) 
 


Initial notification /Amendment 


Initial notification




3 
 


Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor 
 
 




a) 
 


Name 


Danakali Limited




b) 
 


LEI 


5493004SQ5E5Q6VRT472 
 




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 


Fully paid ordinary shares
 














Identification code 


AU000000DNK9














b) 
 


Nature of the transaction 
 


Unlisted Option exercisable at $0.00 expiring 31 December 2021
 
 




c) 
 


Price(s) and volume(s)





Price(s)


Volume(s)




Nil


234,043



 




d)


Aggregated information 
-       Aggregated volume
-       Price
-       Total


 
N/A




e) 
 


Date of the transaction 
 


31 August 2020




f) 


Place of the transaction 
 


Outside a trading venue



 



1 
 


Details of the person discharging managerial responsibilities / person closely associated




a) 
 


Name 


Mr Seamus Cornelius




2 
 


Reason for the notification 




a) 
 


Position/status 
 


PDMR (Non-Executive Chairman)




b) 
 


Initial notification /Amendment 


Initial notification




3 
 


Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor 
 
 




a) 
 


Name 


Danakali Limited




b) 
 


LEI 


5493004SQ5E5Q6VRT472 
 




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 


Fully paid ordinary shares
 














Identification code 


AU000000DNK9














b) 
 


Nature of the transaction 
 


Sale of ordinary shares via an off market transfer
 
 




c) 
 


Price(s) and volume(s)





Price(s)


Volume(s)




A$0.47


600,000



 




d)


Aggregated information 
-       Aggregated volume
-       Price
-       Total


 
600,000
A$0.47
A$282,000




e) 
 


Date of the transaction 


31 August 2020




f) 


Place of the transaction 
 


Outside a trading venue



 



1 
 


Details of the person discharging managerial responsibilities / person closely associated




a) 
 


Name 


Sima QXX Superannuation Fund




2 
 


Reason for the notification 




a) 
 


Position/status 
 


PCA of PDMR Mr Seamus Cornelius (Non-Executive Chairman)




b) 
 


Initial notification /Amendment 


Initial notification




3 
 


Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor 
 
 




a) 
 


Name 


Danakali Limited




b) 
 


LEI 


5493004SQ5E5Q6VRT472 
 




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 


Fully paid ordinary shares
 














Identification code 


AU000000DNK9














b) 
 


Nature of the transaction 
 


Acquisition of ordinary shares via an off market transfer
 
 




c) 
 


Price(s) and volume(s)





Price(s)


Volume(s)




A$0.47


600,000



 




d)


Aggregated information 
-       Aggregated volume
-       Price
-       Total


 
600,000
A$0.47
A$282,000




e) 
 


Date of the transaction 


31 August 2020




f) 


Place of the transaction 
 


Outside a trading venue



 
 
 




 
For more information, please contact:
 



Danakali


 




Niels Wage
Chief Executive Officer
+61 8 6189 8635


Mark Riseley
Corporate Development & Investor Relations
+61 8 6189 8635




 
Corporate Broker - Canaccord Genuity


 
UK IR/PR - Instinctif Partners




James Asensio / Angelos Vlatakis
+44 (0)20 7523 4680


Mark Garraway / Dinara Shikhametova / Sarah Hourahane 
danakali@instinctif.com
+44 (0)207 457 2020



 
 
Announcement authorised for release by the Company Secretary of Danakali.

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