REG - Kefi Gold and Copper - PDMR Shareholding

KEFI Gold and CopperAnnouncement

24/07/2023 07:00

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RNS Number : 8769G  Kefi Gold and Copper PLC  24 July 2023

24 July 2023

KEFI Gold and Copper plc

("KEFI" or the "Company")

PDMR Shareholding

KEFI Gold and Copper plc (AIM: KEFI),the gold and copper exploration and
development company with projects in the Federal Democratic Republic of
Ethiopia and the Kingdom of Saudi Arabia, was notified on 21 July 2023 by Eddy
Solbrandt, Chief Operating Officer of KEFI, that 74,911,715 Ordinary Shares of
the 149,823,430 ordinary shares of 0.1 pence each ("Ordinary Shares") held by
Winchcombe Ventures Limited have been transferred to his personal account at a
price of 0.9 pence per share.  Mr Solbrandt has a one third beneficial
interest in Winchcombe Ventures Limited with the balance being owned by
parties who are not PDMR's of KEFI.  Following the transfer, Mr. Solbrandt's
interest in the KEFI comprises 82,054,572 Ordinary Shares representing
approximately 1.65% of the issued share capital of the Company.

Shareholder Warrants

In addition, 22,643,017 of the 45,286,034 shareholder warrants held by
Winchcombe Ventures Limited will now be held by Mr Solbrandt in his own
personal capacity.

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)                    Full name of person Dealing                                  Eckard (Eddy) Solbrandt

 
 2.                     Reason for notification
 (a)                    Position/status                                              Chief Operating Officer / PDMR

 (b)                    Initial notification/ Amendment                              Initial notification
 3.                     Details of the issuer, emission allowance market participant, auction
                        platform, auctioneer or auction monitor
 (a)                    Name of entity                                               KEFI Gold and Copper Plc
 (b)                    LEI                                                          213800OO6ETVDGE3QY15
 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
 (b)                    Identification code                                          GB00BD8GP619
 (c)                    Nature of the transaction                                    Transfer of shares previously held beneficially by an entity into his
                                                                                     individual name.
 (d)                    Price(s) and volume(s)                                       Share Prices(s)  Share Volume(s)  Warrant Price  Warrant Volume
                                                                                     0.9 pence        74,911,715       1.6 pence      22,643,017
 (e)                    Aggregated information:                                      Single transaction as in 4(d) above

Share Prices(s)  Share Volume(s)  Warrant Price  Warrant Volume
                        - Aggregated volume                                          0.9pence         74,911,715       1.6 pence      22,643,017

                        - Price
 (f)                    Date of transaction                                          20 July 2023
 (g)                    Place of transaction                                         Outside a trading venue

(e)

Aggregated information:

- Aggregated volume

- Price

Single transaction as in 4(d) above

 Share Prices(s)  Share Volume(s)  Warrant Price  Warrant Volume
 0.9pence         74,911,715       1.6 pence      22,643,017

(f)

Date of transaction

20 July 2023

(g)

Place of transaction

Outside a trading venue

 

Enquiries

 KEFI Gold and Copper plc
 Harry Anagnostaras-Adams (Executive Chairman)                         +357 994 57843
 John Leach (Finance Director)                                         +357 992 08130

 SP Angel Corporate Finance LLP (Nominated Adviser and Joint Broker)   +44 (0) 20 3470 0470
 Jeff Keating, Adam Cowl

 Tavira Financial Limited (Joint Broker)                               +44 (0) 20 7100 5100
 Oliver Stansfield, Jonathan Evans

 IFC Advisory Ltd (Financial PR and IR)                                +44 (0) 20 3934 6630
 Tim Metcalfe, Florence Chandler

Further information can be viewed at https://www.kefi-goldandcopper.com
(https://www.kefi-goldandcopper.com)

 

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