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RNS Number : 9941D First Tin PLC 07 April 2025
7 April 2025
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. Charles
Cannon Brookes, Non-Executive Chairman at the Company, on behalf of Arlington
Group Asset Management Limited, has purchased 1,000,000 shares in First Tin at
a price of 5.0 pence per share on Monday 7 April 2025.
Following this transaction, Arlington Group Asset Management Limited holds a
beneficial interest in 47,686,836 Ordinary Shares representing 10.55 per cent
of the Company's issued share capital.
Charles Cannon Brookes has a 50 per cent interest in Arlington Group Asset
Management Limited.
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: Charles Cannon Brookes on behalf of Arlington Group Asset Management Limited
2. Reason for the notification
a) Position/status: 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: 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)
GBX 5.00 1,000,000
d) Aggregated information: Single transaction as in 4 c) above
Price(s) Volume(s)
Aggregated volume:
Price:
e) Date of the transaction: 07.04.2025
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)
e)
Date of the transaction:
07.04.2025
f)
Place of the transaction:
London Stock Exchange, Main Market
Enquiries:
First Tin Via SEC Newgate below
Bill Scotting - Chief Executive Officer
Arlington Group Asset Management Limited (Financial Advisor and Joint Broker)
Simon Catt 020 7389 5016
Zeus Capital Limited (Joint Broker)
Harry Ansell / Dan Bristowe 020 3829 5000
SEC Newgate (Financial Communications)
Elisabeth Cowell / Molly Gretton 07900 248 213
Notes to Editors
First Tin PLC 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, which have been de-risked significantly, with extensive work
undertaken to date.
Tin is a critical metal, vital in any plan to decarbonise and electrify the
world, yet Europe and North America have 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 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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