REG - Danakali Limited - Notification of PDMR and PCA transactions

DanakaliAnnouncement

05/06/2020 09:00

RNS Number : 0307P
  
Danakali Limited
  
05 June 2020
  
 




Announcement


Friday, 5 June 2020



 
Notification of PDMR and PCA transactions
 
Danakali Limited (ASX: DNK / LSE: DNK) (Danakali, or the Company) announces that it has received notification that Mr Seamus Cornelius, Non-Executive Chairman of the Company and a person discharging managerial responsibilities (PDMR), has received 4,178,992 shares in the Company via an off market transfer from Kongming Investments Ltd, 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 


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 
 


Acquisition of ordinary shares via an off market transfer
 
 




c) 
 


Price(s) and volume(s)





Price(s)


Volume(s)




A$0.4150


4,178,992



 




d)


Aggregated information 
-       Aggregated volume
-       Price
-       Total


 
4,178,992
A$0.4150
A$1,734,347.68




e) 
 


Date of the transaction 


3 June 2020




f) 


Place of the transaction 
 


Outside a trading venue



 



1 
 


Details of the person discharging managerial responsibilities / person closely associated




a) 
 


Name 


Kongming Investments Ltd




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 
 


Sale of ordinary shares via an off market transfer
 
 




c) 
 


Price(s) and volume(s)





Price(s)


Volume(s)




A$0.4150


4,178,992



 




d)


Aggregated information 
-       Aggregated volume
-       Price
-       Total


 
4,178,992
A$0.4150
A$1,734,347.68




e) 
 


Date of the transaction 


3 June 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 Manager
+61 8 6189 8635




 
Corporate Broker - Numis Securities


 
UK IR/PR - Instinctif Partners




John Prior / James Black / Paul Gillam
+44 (0)20 7260 1000


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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