REG - First Tin PLC - Director/PDMR dealing

First TinAnnouncement

16/05/2023 07:00

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RNS Number : 4808Z  First Tin PLC  16 May 2023

16 May 2023

First Tin Plc

("First Tin" or "the Company")

Director/PDMR dealing

First Tin Plc ("First Tin"), a tin development company with advanced, low
capex projects in Germany and Australia, announces that it has been notified
that Mr. Thomas Buenger, Chief Executive Officer at the Company, has purchased
500,000 shares in First Tin at a price of 9 Euro cents per share on Monday 15
May 2023.

Following this transaction, Thomas Buenger holds a beneficial interest in
4,010,400 Ordinary Shares representing 1.51 per cent of the Company's issued
share capital.

 

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

 1.    Details of the person discharging managerial responsibilities/person closely
       associated
 a)    Name:                                                         Thomas Buenger
 2.    Reason for the notification
 a)    Position/status:                                              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:                                                         First Tin PLC
 b)    LEI:                                                          LEI: 984500CSA7TBE3FB7C63
 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:  Ordinary shares of 0.1 pence each

       Identification code:  GB00BNR45554

 b)    Nature of the transaction:                                    Purchase of Ordinary Shares
 c)    Price(s) and volume(s):

Price(s)           Volume(s)
                                                                     EUR 9 Euros cents  500,000
 d)    Aggregated information:                                       Single transaction as in 4 c) above

Price(s)           Volume(s)
       Aggregated volume:                                            EUR 9 Euros cents  500,000

       Price:
 e)    Date of the transaction:                                      15.05.23
 f)    Place of the transaction:                                     Frankfurt Stock Exchange

d)

Aggregated information:

Aggregated volume:

Price:

Single transaction as in 4 c) above

 Price(s)           Volume(s)
 EUR 9 Euros cents  500,000

e)

Date of the transaction:

15.05.23

f)

Place of the transaction:

Frankfurt Stock Exchange

 

Enquiries:

 

 First Tin                                                                      Via SEC Newgate below
 Thomas Buenger - Chief Executive Officer
 Arlington Group Asset Management Limited (Financial Advisor and Joint Broker)
 Simon Catt                                                                     020 7389 5016

 WH Ireland Limited (Joint Broker)
 Harry Ansell                                                                   020 7220 1670

 SEC Newgate (Financial Communications)
 Elisabeth Cowell / Molly Gretton                                               FirstTin@secnewgate.co.uk

 

Notes to Editors

First Tin is an ethical, reliable, and sustainable tin production company led
by a team of renowned tin specialists. The Company is focused on becoming a
tin supplier in conflict-free, low political risk jurisdictions through the
rapid development of high value, low capex tin assets in Germany and
Australia.

Tin is a critical metal, vital in any plan to decarbonise and electrify the
world, yet Europe has very little supply. Rising demand, together with
shortages, is expected to lead tin to experience sustained deficit markets for
the foreseeable future. Its assets have been de-risked significantly, with
extensive work undertaken to date.

First Tin's goal is to use best-in-class environmental standards to bring two
tin mines into production in three years, providing provenance of supply to
support the current global clean energy and technological revolutions.

Tin is a critical metal, vital in any plan to decarbonise and electrify the
world, yet Europe has very little supply. Rising demand, together with
shortages, is expected to lead tin to experience sustained deficit markets for
the foreseeable future. Its assets have been de-risked significantly, with
extensive work undertaken to date.

First Tin's goal is to use best-in-class environmental standards to bring two
tin mines into production in three years, providing provenance of supply to
support the current global clean energy and technological revolutions.

 

 

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