REG - Kodal Minerals PLC - Director dealings and shareholdings

Kodal MineralsAnnouncement

21/11/2023 18:00

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RNS Number : 1979U  Kodal Minerals PLC  21 November 2023

Kodal Minerals Plc / Index: AIM / Epic: KOD / Sector: Mining

 

21 November 2023

Kodal Minerals plc

("Kodal Minerals", "Kodal" or the "Company")

 

Director dealings and shareholdings

 

Kodal Minerals, the mineral exploration and development company focused on
lithium and gold assets in West Africa, announces that it has been informed
today that Charles Joseland, Non-Executive Director of the Company, has sold
25,000,000 ordinary shares of 0.03125 pence each in the Company ("Ordinary
Shares") (the "Director Dealing") in order to satisfy cost and tax liabilities
arising from the exercise of options (the "Exercise"), as announced by the
Company on 16 November 2023.

 

Following the Director Dealing and the Exercise, Charles Joseland holds
36,250,000 Ordinary Shares in the Company, representing 0.18 per cent of the
Company's issued share capital.

 

Transfer of certificated shareholding

 

In addition, the Company has today been informed that Robert Wooldridge,
non-executive chairman, and Charles Joseland, non-executive director, have
transferred certificated holdings of 76,785,714 and 6,250,000 Ordinary Shares
respectively to their respective nominee account held on their behalf
(together the "Transfers"). Following the Transfers, Robert Wooldridge and
Charles Joseland's respective beneficial shareholding in the Ordinary Shares
remain unchanged.

 

Details of the Director Dealing and Transfers in which directors and PDMRs are
interested are set out in the table at the end of this announcement, which has
been provided in accordance with the requirements of the UK Market Abuse
Regulation.

 

**ENDS**

 

For further information, please visit www.kodalminerals.com
(http://www.kodalminerals.com) or contact the following:

 

 Kodal Minerals plc

 Bernard Aylward, CEO                                                  Tel: +61 418 943 345

 Allenby Capital Limited, Nominated Adviser

 Jeremy Porter/Vivek Bhardwaj/Nick Harriss                             Tel: 020 3328 5656

 SP Angel Corporate Finance LLP, Financial Adviser & Joint Broker

 John Mackay/Adam Cowl                                                 Tel: 020 3470 0470

 Canaccord Genuity Limited, Joint Broker

 James Asensio/Gordon Hamilton                                         Tel: 0207 523 4680

 Buchanan, Financial PR

 Bobby Morse/Oonagh Reidy                                              Tel: +44 (0)20 7466 5000

                                                                       kodal@buchanancomms.co.uk

 

 1    Details of the person discharging managerial responsibilities / person closely
      associated
 a)   Name                                                         Directors:

Charles Joseland  Non-Executive Director
 2    Reason for the notification
 a)   Position/status                                              See 1 a) above
 b)   Initial notification /Amendment                              Initial notification

 3    Details of the issuer, emission allowance market participant, auction

    platform, auctioneer or auction monitor

 a)   Name                                                         Kodal Minerals plc
 b)   LEI                                                          213800VKFS7TS32EGI81
 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 0.03125P

      Identification code                                          GB00BH3X7Y70
 b)   Nature of the transaction                                    Sale of Ordinary Shares
 c)   Price(s) and volume(s)                                       Volume       Price
                                                                   5,000,000    0.5508p

10,000,000
                                                                   0.505625p

10,000,000
                                                                   0.485p
 d)   Aggregated information

      - Aggregated volume                                          25,000,000 Ordinary Shares

      - Price

                                                                   n/a see price breakdown above
 e)   Date of transaction                                          17-21 November 2023
 f)   Place of the transaction                                     London Stock Exchange - XLON

2

Reason for the notification

a)

Position/status

See 1 a) above

b)

 

Initial notification /Amendment

Initial notification

3

 

Details of the issuer, emission allowance market participant, auction
platform, auctioneer or auction monitor

a)

Name

Kodal Minerals plc

b)

LEI

213800VKFS7TS32EGI81

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

Identification code

ordinary shares of 0.03125P

GB00BH3X7Y70

b)

Nature of the transaction

Sale of Ordinary Shares

c)

Price(s) and volume(s)

 Volume       Price
 5,000,000    0.5508p

10,000,000
0.505625p

10,000,000
0.485p

d)

Aggregated information

- Aggregated volume

- Price

 

25,000,000 Ordinary Shares

 

n/a see price breakdown above

e)

Date of transaction

17-21 November 2023

f)

Place of the transaction

London Stock Exchange - XLON

 

 1    Details of the person discharging managerial responsibilities / person closely
      associated
 a)   Name                                                         Robert Wooldridge  Chairman
                                                                   Charles Joseland   Non-Executive Director
 2    Reason for the notification
 a)   Position/status                                              See 1 a) above
 b)   Initial notification /Amendment                              Initial notification

 3    Details of the issuer, emission allowance market participant, auction

    platform, auctioneer or auction monitor

 a)   Name                                                         Kodal Minerals plc
 b)   LEI                                                          213800VKFS7TS32EGI81
 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 0.03125P

      Identification code                                          GB00BH3X7Y70
 b)   Nature of the transaction                                    Dematerialisation of certificated Ordinary Shares with no change of ultimate
                                                                   beneficial ownership in the Ordinary Shares.

 c)   Price(s) and volume(s)                                       Price(s)  Volume
                                                                   Robert Wooldridge  N/A       76,785,714
                                                                   Charles Joseland   N/A       6,250,000
 d)   Aggregated information

      - Aggregated volume                                          83,035,714 Ordinary Shares

      - Price                                                      N/A
 e)   Date of transaction                                          21 November 2023
 f)   Place of the transaction                                     Outside a trading venue

2

Reason for the notification

a)

Position/status

See 1 a) above

b)

 

Initial notification /Amendment

Initial notification

3

 

Details of the issuer, emission allowance market participant, auction
platform, auctioneer or auction monitor

a)

Name

Kodal Minerals plc

b)

LEI

213800VKFS7TS32EGI81

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

Identification code

ordinary shares of 0.03125P

GB00BH3X7Y70

b)

Nature of the transaction

Dematerialisation of certificated Ordinary Shares with no change of ultimate
beneficial ownership in the Ordinary Shares.

 

 

 

c)

Price(s) and volume(s)

                    Price(s)  Volume
 Robert Wooldridge  N/A       76,785,714
 Charles Joseland   N/A       6,250,000

d)

Aggregated information

- Aggregated volume

- Price

 

83,035,714 Ordinary Shares

N/A

e)

Date of transaction

21 November 2023

f)

Place of the transaction

Outside a trading venue

 

 

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