REG - Danakali Limited - Notification of PDMR and PCA transactions

DanakaliAnnouncement

06/05/2021 07:00

RNS Number : 7529X
  
Danakali Limited
  
06 May 2021
  
 




Announcement


Thursday, 6 May 2021



 
Notification of PDMR and PCA transactions
 
Danakali Limited (ASX: DNK / LSE: DNK) (Danakali, or the Company) refers to its announcement dated 29 April 2021 and provides an update with regards to the Director Placement Shares and Other PDMR/PCA Shares referred to therein.
 
The Company has received notification from persons discharging managerial responsibilities (PDMR) and persons closely associated (PCA) with a PDMR with respect to the unconditional subscription for 269,768 shares (being the Other PDMR/PCA Shares) and the conditional subscription for 1,080,000 shares (conditional on receipt of shareholder approval) (being the Director Placement Shares).
 
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 


Seamus Ian Cornelius




2 
 


Reason for the notification 




a) 
 


Position/status 
 


PDMR (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 
 


Subscription for shares, the issue of which is conditional on receipt of shareholder approval
 




c) 
 


Price(s) and volume(s)


 



Price(s)


Volume(s)




$0.43


1,000,000



 




d)


Aggregated information 
-      Aggregated volume
-      Price
-      Total


 
N/A




e) 
 


Date of the transaction 
 


4 May 2021




f) 
 


Place of the transaction 
 


Outside a trading venue



 



1 
 


Details of the person discharging managerial responsibilities / person closely associated




a) 
 


Name 


Neil Gregson




2 
 


Reason for the notification 




a) 
 


Position/status 
 


PDMR (Non-Executive 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 
 


Subscription for shares, the issue of which is conditional on receipt of shareholder approval
 




c) 
 


Price(s) and volume(s)


 



Price(s)


Volume(s)




$0.43


80,000



 




d)


Aggregated information 
-      Aggregated volume
-      Price
-      Total


 
N/A




e) 
 


Date of the transaction 
 


4 May 2021




f) 
 


Place of the transaction 
 


Outside a trading venue



 



1 
 


Details of the person discharging managerial responsibilities / person closely associated




a) 
 


Name 


Stuart Tarrant




2 
 


Reason for the notification 




a) 
 


Position/status 
 


PDMR (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 


Fully paid ordinary shares
 














Identification code 


AU000000DNK9














b) 
 


Nature of the transaction 
 


Subscription for shares
 




c) 
 


Price(s) and volume(s)


 



Price(s)


Volume(s)




$0.43


50,000



 




d)


Aggregated information 
-      Aggregated volume
-      Price
-      Total


 
N/A




e) 
 


Date of the transaction 
 


4 May 2021




f) 
 


Place of the transaction 
 


Outside a trading venue



 



1 
 


Details of the person discharging managerial responsibilities / person closely associated




a) 
 


Name 


Rod McEachern




2 
 


Reason for the notification 




a) 
 


Position/status 
 


PDMR (Chief Operating 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 


Fully paid ordinary shares
 














Identification code 


AU000000DNK9














b) 
 


Nature of the transaction 
 


Subscription for shares
 




c) 
 


Price(s) and volume(s)


 



Price(s)


Volume(s)




$0.43


100,000



 




d)


Aggregated information 
-      Aggregated volume
-      Price
-      Total


 
N/A




e) 
 


Date of the transaction 
 


4 May 2021




f) 
 


Place of the transaction 
 


Outside a trading venue



 



1 
 


Details of the person discharging managerial responsibilities / person closely associated




a) 
 


Name 


James McEachern




2 
 


Reason for the notification 




a) 
 


Position/status 
 


PCA of PDMR Rod McEachern




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 
 


Subscription for shares
 




c) 
 


Price(s) and volume(s)


 



Price(s)


Volume(s)




$0.43


23,256



 




d)


Aggregated information 
-      Aggregated volume
-      Price
-      Total


 
N/A




e) 
 


Date of the transaction 
 


4 May 2021




f) 
 


Place of the transaction 
 


Outside a trading venue



 
 



1 
 


Details of the person discharging managerial responsibilities / person closely associated




a) 
 


Name 


Bellatrix Corporate Pty Ltd




2 
 


Reason for the notification 




a) 
 


Position/status 
 


PCA of PDMRs Catherine Grant-Edwards and Melissa Chapman




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 
 


Subscription for shares
 




c) 
 


Price(s) and volume(s)


 



Price(s)


Volume(s)




$0.43


50,000



 




d)


Aggregated information 
-      Aggregated volume
-      Price
-      Total


 
N/A




e) 
 


Date of the transaction 
 


4 May 2021




f) 
 


Place of the transaction 
 


Outside a trading venue



 
 



1 
 


Details of the person discharging managerial responsibilities / person closely associated




a) 
 


Name 


Antonino John Fogliani




2 
 


Reason for the notification 




a) 
 


Position/status 
 


PCA of PDMR Melissa Chapman




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 
 


Subscription for shares
 




c) 
 


Price(s) and volume(s)


 



Price(s)


Volume(s)




$0.43


46,512



 




d)


Aggregated information 
-      Aggregated volume
-      Price
-      Total


 
N/A




e) 
 


Date of the transaction 
 


4 May 2021




f) 
 


Place of the transaction 
 


Outside a trading venue



 
For more information, please contact:
 



Danakali








Seamus Cornelius
Executive Chairman
+61 8 6266 8368


Mark Riseley
Head of Corporate Development
+61 8 6266 8368



 
Visit the Company's website: www.danakali.com
Follow Danakali on LinkedIn: www.linkedin.com/company/danakali-limited
Subscribe to Danakali on YouTube: www.youtube.com/channel/UChGKN4-M4lOvPKxs9b-IJvw
 
 
Announcement authorised for release by the Company Secretary of Danakali.

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