REG - First Tin PLC - Director/PDMR dealing

First TinAnnouncement

09/01/2024 07:00

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RNS Number : 0158Z  First Tin PLC  09 January 2024

09 January 2024

First Tin Plc

("First Tin" or "the Company")

Director/PDMR dealing

First Tin PLC, a tin development company with advanced, low capex projects in
Germany and Australia, announces that it has been notified that Mr. William
(Bill) Scotting, Chief Executive Officer at the Company, has purchased 200,000
shares in First Tin at a price of GBP 4.54 pence per share on Monday 8 January
2024.

Following this transaction, William (Bill) Scotting holds a beneficial
interest in 200,000 Ordinary Shares representing 0.075 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:                                                         William (Bill) Scotting
 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)
                                                                     GBP 4.54 pence  200,000
 d)    Aggregated information:                                       Single transaction as in 4 c) above

Price(s)        Volume(s)
       Aggregated volume:                                            GBP 4.54 pence  200,000

       Price:
 e)    Date of the transaction:                                      08.01.2024
 f)    Place of the transaction:                                     London Stock Exchange, Main Market

d)

Aggregated information:

Aggregated volume:

Price:

Single transaction as in 4 c) above

 Price(s)        Volume(s)
 GBP 4.54 pence  200,000

e)

Date of the transaction:

08.01.2024

f)

Place of the transaction:

London Stock Exchange, Main Market

 

Enquiries:

 

 First Tin
 William (Bill) Scotting - Chief Executive Officer                              Via SEC Newgate below
 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.

First Tin's assets have been de-risked significantly, with extensive work
undertaken to date.  The Company'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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