REG - Danakali Limited - Notification of transaction by PDMR
RNS Number : 8117GDanakali Limited09 November 2018
Friday, 9 November 2018
Notification of transaction by PDMR
Danakali Limited (ASX: DNK / LSE: DNK) (Danakali, or the Company) has received notification from a person discharging managerial responsibilities (PDMR) with respect to 216,364 fully paid ordinary shares issued by the Company on the exercise of unlisted options.
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 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
Exercise of 750,000 unlisted options (exercise price: $0.55, expiring 4 November 2018) in accordance with the terms and conditions (as amended and approved by shareholders at the annual general meeting held 11 May 2018) using the Cashless Exercise mechanism.
c)
Price(s) and volume(s)
Price(s)
Volume(s)
Nil
216,364
d)
Aggregated information
- Aggregated volume
N/A
- Price
- Total
e)
Date of the transaction
7 November 2018
f)
Place of the transaction
Outside a trading venue
For more information, please contact:
Danakali
Seamus Cornelius
Executive Chairman
+61 8 6315 1444
William Sandover
Head of Corporate Development & External Affairs
+61 499 776 998
Corporate Broker - Numis Securities
UK IR/PR - Instinctif Partners
John Prior / Matthew Hasson / James Black /
Paul Gillam
+44 (0)20 7260 1000
David Simonson / George Yeomans /
Sarah Hourahane
danakali@instinctif.com
+44 (0)207 457 2020
- - - ENDS - - -
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