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Altona Rare Earths - PDMR Dealing and TR1s

RNS Number : 1136X

Altona Rare Earths PLC

28 August 2025

 

28 August 2025

 

 

ALTONA RARE EARTHS PLC

 

("Altona" or "the Company")

PDMR Dealing and TR1s

 

Altona (LSE: REE), a resource exploration and development company focused on critical raw materials in Africa, announces that it has been notified that on 28 August 2025, PDMR, Louise Adrian, transferred 2,609,345 ordinary shares of 1 pence each in the Company ("Shares") held by herself to a self-invested personal pension accounts ("SIPP") held in her name at a price of £0.0148.

 

The SIPP transfer was effected by the sale and immediate repurchase of the Shares.  Following the SIPP transfer, the number of and beneficial ownership of Shares held by Louise Adrian is unchanged.

 

 

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-ends-

 

Altona Rare Earths Plc

Cédric Simonet, CEO                                                                               +44 (0) 7778 866 108

Louise Adrian, CFO                                                                                +44 (0) 7721 492 922

           

Strand Hanson (Financial Adviser)                                                      +44 (0) 20 7409 3494

Christopher Raggett

Imogen Ellis

 

Oberon Capital (Corporate Broker)                                                    +44 (0) 20 3179 5300

Nick Lovering

Adam Pollock

Aimee McCusker

                                                                                                                                                    

 

 

Notification and public disclosure of transaction by person discharging managerial responsibilities

1Details of the person discharging managerial responsibilities/person closely associated
a.Name1) Louise Adrian
2Reason for notification
a.Position/Status1) Director
b.Initial notification/ AmendmentInitial notification
3Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a.NameAltona Rare Earths Plc
b.LEI2138002A5GU9BFS2I491
4Details 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 £0.01
ISIN Code: GB00BFZNKV91
b.Nature of the transactionTransfer effected by the sale and immediate repurchase of Shares with no change in beneficial ownership.
c.Price(s) and volume(s)
PriceVolume
1) £0.01482,609,345 Shares Sold
2) £0.0148
3) £0.0149
2,595,285
14,060
---------------
2,609,345
Shares Repurchased
d.Aggregated information
- Aggregated Volume
- Price


N/a - single transaction
e.Date of the transaction28 August 2025
f.Place of the transactionLondon Stock Exchange
    TR-1: Standard form for notification of major holdings  
NOTIFICATION OF MAJOR HOLDINGS(to be sent to the relevant issuer and to the FCA in Microsoft Word format if possible)i
1a. Identity of the issuer or the underlying issuer of existing shares to which voting rights are attachedii:Altona Rare Earths PLC
1b. Please indicate if the issuer is a non-UK issuer (please mark with an "X" if appropriate)
Non-UK issuer
2. Reason for the notification(please mark the appropriate box or boxes with an "X")
An acquisition or disposal of voting rightsX
An acquisition or disposal of financial instruments
An event changing the breakdown of voting rightsX
Other (please specify)iii:
3. Details of person subject to the notification obligationiv
NameLOUISE ADRIAN
City and country of registered office (if applicable)London, UK
4. Full name of shareholder(s)(if different from 3)v
Name
City and country of registered office (if applicable)
5. Date on which the threshold was crossed or reachedvi:26 Aug 2025
6. Date on which issuer notified (DD/MM/YYYY):26 Aug 2025
7. Total positions of person(s) subject to the notification obligation
% of voting rights attached to shares (total of 8. A)% ofvoting rights throughfinancial instruments
(total of 8.B 1 + 8.B 2)
Total of both in % (8.A + 8.B)Total number of voting rights of issuervii
Resulting situation on the date on which threshold was crossed or reached3.03%3.03%3.03%229,064,306
Position of previous notification (if
applicable)
8. Notified details of the resulting situation on the date on which the threshold was crossed or reachedviii
A: Voting rights attached to shares
Class/type of
shares
ISIN code (if possible)
Number of voting rightsix% of voting rights
Direct
(Art 9 of Directive 2004/109/EC) (DTR5.1)
Indirect
(Art 10 of Directive 2004/109/EC) (DTR5.2.1)
Direct
(Art 9 of Directive 2004/109/EC) (DTR5.1)
Indirect
(Art 10 of Directive 2004/109/EC) (DTR5.2.1)
GB00BFZNKV916,949,635n/a3.03%n/a
SUBTOTAL 8. A6,949,6353.03%
B 1: Financial Instruments according to Art. 13(1)(a) of Directive 2004/109/EC (DTR5.3.1.1 (a))
Type of financial instrumentExpiration
datex
Exercise/
Conversion Periodxi
Number of voting rights that may be acquired if the instrument is
exercised/converted.
% of voting rights
SUBTOTAL 8. B 1
B 2: Financial Instruments with similar economic effect according to Art. 13(1)(b) of Directive 2004/109/EC (DTR5.3.1.1 (b))
Type of financial instrumentExpiration
datex
Exercise/
Conversion Periodxi
Physical or cash
settlementxii
Number of voting rights% of voting rights
SUBTOTAL 8.B.2
 
9. Information in relation to the person subject to the notification obligation(please mark the
applicable box with an "X")
Person subject to the notification obligation is not controlled by any natural person or legal entity and does not control any other undertaking(s) holding directly or indirectly an interest in the (underlying) issuerxiiiX
Fullchain of controlled undertakings through which the voting rights and/or the
financial instruments are effectively held starting with the ultimate controlling natural person or legal entityxiv(please add additional rows as necessary)
Namexv% of voting rights if it equals or is higher than the notifiable threshold% of voting rights through financial instruments if it equals or is higher than the notifiable thresholdTotal of both if it equals or is higher than the notifiable threshold
10.In case of proxy voting, please identify:
Name of the proxy holdern/a
The number and % of voting rights heldn/a
The date until which the voting rights will be heldn/a
11. Additional informationxvi
 
Place of completionUK
Date of completion26 Aug 2025
      TR-1: Standard form for notification of major holdings  
NOTIFICATION OF MAJOR HOLDINGS(to be sent to the relevant issuer and to the FCA in Microsoft Word format if possible)i
1a. Identity of the issuer or the underlying issuer of existing shares to which voting rights are attachedii:Altona Rare Earths PLC
1b. Please indicate if the issuer is a non-UK issuer (please mark with an "X" if appropriate)
Non-UK issuer
2. Reason for the notification(please mark the appropriate box or boxes with an "X")
An acquisition or disposal of voting rights
An acquisition or disposal of financial instrumentsX
An event changing the breakdown of voting rights
Other (please specify)iii:X
3. Details of person subject to the notification obligationiv
NameR S JENNINGS & RELATED PARTY CATALYSE CAPITAL LTD
City and country of registered office (if applicable)York, UK
4. Full name of shareholder(s)(if different from 3)v
Name
City and country of registered office (if applicable)
5. Date on which the threshold was crossed or reachedvi:26 Aug 2025
6. Date on which issuer notified (DD/MM/YYYY):26 Aug 2025
7. Total positions of person(s) subject to the notification obligation
% of voting rights attached to shares (total of 8. A)% ofvoting rights throughfinancial instruments
(total of 8.B 1 + 8.B 2)
Total of both in % (8.A + 8.B)Total number of voting rights of issuervii
Resulting situation on the date on which threshold was crossed or reached9.59%9.62%19.21%229,064,306
Position of previous notification (if
applicable)
16.35%4.51%20.86%
 
8. Notified details of the resulting situation on the date on which the threshold was crossed or reachedviii
A: Voting rights attached to shares
Class/type of
shares
ISIN code (if possible)
Number of voting rightsix% of voting rights
Direct
(Art 9 of Directive 2004/109/EC) (DTR5.1)
Indirect
(Art 10 of Directive 2004/109/EC) (DTR5.2.1)
Direct
(Art 9 of Directive 2004/109/EC) (DTR5.1)
Indirect
(Art 10 of Directive 2004/109/EC) (DTR5.2.1)
GB00BFZNKV9121,957,949n/a9.59%n/a
SUBTOTAL 8. A21,957.9499.59%
B 1: Financial Instruments according to Art. 13(1)(a) of Directive 2004/109/EC (DTR5.3.1.1 (a))
Type of financial instrumentExpiration
datex
Exercise/
Conversion Periodxi
Number of voting rights that may be acquired if the instrument is
exercised/converted.
% of voting rights
Spreadbet (Long)22,050,0009.62%
SUBTOTAL 8. B 122,050,0009.62%
B 2: Financial Instruments with similar economic effect according to Art. 13(1)(b) of Directive 2004/109/EC (DTR5.3.1.1 (b))
Type of financial instrumentExpiration
datex
Exercise/
Conversion Periodxi
Physical or cash
settlementxii
Number of voting rights% of voting rights
SUBTOTAL 8.B.2
9. Information in relation to the person subject to the notification obligation(please mark the
applicable box with an "X")
Person subject to the notification obligation is not controlled by any natural person or legal entity and does not control any other undertaking(s) holding directly or indirectly an interest in the (underlying) issuerxiiiX
Fullchain of controlled undertakings through which the voting rights and/or the
financial instruments are effectively held starting with the ultimate controlling natural person or legal entityxiv(please add additional rows as necessary)
Namexv% of voting rights if it equals or is higher than the notifiable threshold% of voting rights through financial instruments if it equals or is higher than the notifiable thresholdTotal of both if it equals or is higher than the notifiable threshold
10.In case of proxy voting, please identify:
Name of the proxy holdern/a
The number and % of voting rights heldn/a
The date until which the voting rights will be heldn/a
11. Additional informationxvi
10M Warrant exercise
   
Place of completionUK
Date of completion26 Aug 2025
    TR-1: Standard form for notification of major holdings  
NOTIFICATION OF MAJOR HOLDINGS(to be sent to the relevant issuer and to the FCA in Microsoft Word format if possible)i
1a. Identity of the issuer or the underlying issuer of existing shares to which voting rights are attachedii:Altona Rare Earths Plc
1b. Please indicate if the issuer is a non-UK issuer (please mark with an "X" if appropriate)
Non-UK issuer
2. Reason for the notification(please mark the appropriate box or boxes with an "X")
An acquisition or disposal of voting rights
An acquisition or disposal of financial instruments
An event changing the breakdown of voting rights
Other (please specify) iii: Change in issued share capital due to fundraise, causing dilution of position.X
3. Details of person subject to the notification obligationiv
NameTracarta Ltd
City and country of registered office (if applicable)2nd Floor, Connaught House, St. Julian's Avenue, St. Peter Port, Guernsey, GY1 1RD
4. Full name of shareholder(s)(if different from 3.)v
NameFiske Nominees Limited
City and country of registered office (if applicable)100 Wood Street, London, England, EC2V 7AN
5. Date on which the threshold was crossed or reachedvi:26/08/2025
6. Date on which issuer notified (DD/MM/YYYY):27/08/2025
7. Total positions of person(s) subject to the notification obligation
% of voting rights attached to shares (total of 8. A)% ofvoting rights throughfinancial instruments
(total of 8.B 1 + 8.B 2)
Total of both in % (8.A + 8.B)Total number of voting rights held in issuer (8.A + 8.B)vii
Resulting situation on the date on which threshold was crossed or reached14.19%14.19%32,500,000
Position of previous notification (if
applicable)
19.9419.94%
 
8. Notified details of the resulting situation on the date on which the threshold was crossed or reachedviii
A: Voting rights attached to shares
Class/type of
shares
ISIN code (if possible)
Number of voting rightsix% of voting rights
Direct
(DTR5.1)
Indirect
(DTR5.2.1)
Direct
(DTR5.1)
Indirect
(DTR5.2.1)
GB00BFZNKV9132,500,00014.19%
SUBTOTAL 8. A32,500,00014.19%
B 1: Financial Instruments according to DTR5.3.1R (1) (a)
Type of financial instrumentExpiration
datex
Exercise/
Conversion Periodxi
Number of voting rights that may be acquired if the instrument is
exercised/converted.
% of voting rights
SUBTOTAL 8. B 1
B 2: Financial Instruments with similar economic effect according to DTR5.3.1R (1) (b)
Type of financial instrumentExpiration
datex
Exercise/
Conversion Periodxi
Physical or cash
Settlementxii
Number of voting rights% of voting rights
SUBTOTAL 8.B.2
 
9. Information in relation to the person subject to the notification obligation(please mark the
applicable box with an "X")
Person subject to the notification obligation is not controlled by any natural person or legal entity and does not control any other undertaking(s) holding directly or indirectly an interest in the (underlying) issuerxiii
Fullchain of controlled undertakings through which the voting rights and/or the
financial instruments are effectively held starting with the ultimate controlling natural person or legal entity (please add additional rows as necessary)xiv
X
Namexv% of voting rights if it equals or is higher than the notifiable threshold% of voting rights through financial instruments if it equals or is higher than the notifiable thresholdTotal of both if it equals or is higher than the notifiable threshold
Dr John Wardle (shareholder of Tracarta Limted)---
Tracarta Limited14.19%-14.19%
10.In case of proxy voting, please identify:
Name of the proxy holder
The number and % of voting rights held
The date until which the voting rights will be held
11. Additional informationxvi
 
Place of completionGuernsey
Date of completion28/08/2025
      TR-1: Standard form for notification of major holdings  
NOTIFICATION OF MAJOR HOLDINGS(to be sent to the relevant issuer and to the FCA in Microsoft Word format if possible)i
1a. Identity of the issuer or the underlying issuer of existing shares to which voting rights are attachedii:Altona Rare Earths Plc
1b. Please indicate if the issuer is a non-UK issuer (please mark with an "X" if appropriate)
Non-UK issuer
2. Reason for the notification(please mark the appropriate box or boxes with an "X")
An acquisition or disposal of voting rightsX
An acquisition or disposal of financial instruments
An event changing the breakdown of voting rights
Other (please specify) iii: Change in issued share capital due to fundraise, causing dilution of position.
3. Details of person subject to the notification obligationiv
NameTracarta Ltd
City and country of registered office (if applicable)2nd Floor, Connaught House, St. Julian's Avenue, St. Peter Port, Guernsey, GY1 1RD
4. Full name of shareholder(s)(if different from 3.)v
NameFiske Nominees Limited
City and country of registered office (if applicable)100 Wood Street, London, England, EC2V 7AN
5. Date on which the threshold was crossed or reachedvi:27/08/2025
6. Date on which issuer notified (DD/MM/YYYY):28/08/2025
7. Total positions of person(s) subject to the notification obligation
% of voting rights attached to shares (total of 8. A)% ofvoting rights throughfinancial instruments
(total of 8.B 1 + 8.B 2)
Total of both in % (8.A + 8.B)Total number of voting rights held in issuer (8.A + 8.B)vii
Resulting situation on the date on which threshold was crossed or reached13.26%13.26%30,375,000
Position of previous notification (if
applicable)
14.19%14.19%
 
8. Notified details of the resulting situation on the date on which the threshold was crossed or reachedviii
A: Voting rights attached to shares
Class/type of
shares
ISIN code (if possible)
Number of voting rightsix% of voting rights
Direct
(DTR5.1)
Indirect
(DTR5.2.1)
Direct
(DTR5.1)
Indirect
(DTR5.2.1)
GB00BFZNKV9130,375,00013.26%
SUBTOTAL 8. A30,375,00013.26%
B 1: Financial Instruments according to DTR5.3.1R (1) (a)
Type of financial instrumentExpiration
datex
Exercise/
Conversion Periodxi
Number of voting rights that may be acquired if the instrument is
exercised/converted.
% of voting rights
SUBTOTAL 8. B 1
B 2: Financial Instruments with similar economic effect according to DTR5.3.1R (1) (b)
Type of financial instrumentExpiration
datex
Exercise/
Conversion Periodxi
Physical or cash
Settlementxii
Number of voting rights% of voting rights
SUBTOTAL 8.B.2
 
9. Information in relation to the person subject to the notification obligation(please mark the
applicable box with an "X")
Person subject to the notification obligation is not controlled by any natural person or legal entity and does not control any other undertaking(s) holding directly or indirectly an interest in the (underlying) issuerxiii
Fullchain of controlled undertakings through which the voting rights and/or the
financial instruments are effectively held starting with the ultimate controlling natural person or legal entity (please add additional rows as necessary)xiv
X
Namexv% of voting rights if it equals or is higher than the notifiable threshold% of voting rights through financial instruments if it equals or is higher than the notifiable thresholdTotal of both if it equals or is higher than the notifiable threshold
Dr John Wardle (shareholder of Tracarta Limted)---
Tracarta Limited13.26%-13.26%
10.In case of proxy voting, please identify:
Name of the proxy holder
The number and % of voting rights held
The date until which the voting rights will be held
11. Additional informationxvi
 
Place of completionGuernsey
Date of completion28/08/2025
    TR-1: Standard form for notification of major holdings  
NOTIFICATION OF MAJOR HOLDINGS(to be sent to the relevant issuer and to the FCA in Microsoft Word format if possible)i
1a. Identity of the issuer or the underlying issuer of existing shares to which voting rights are attachedii:Altona Rare Earths Plc
1b. Please indicate if the issuer is a non-UK issuer (please mark with an "X" if appropriate)
Non-UK issuer
2. Reason for the notification(please mark the appropriate box or boxes with an "X")
An acquisition or disposal of voting rights
An acquisition or disposal of financial instruments
An event changing the breakdown of voting rightsX
Other (please specify) iii: Change in issued share capital due to fundraise, causing dilution of position.
3. Details of person subject to the notification obligationiv
NameSpreadex LTD
City and country of registered office (if applicable)St. Albans, United Kingdom
4. Full name of shareholder(s)(if different from 3.)v
Name
City and country of registered office (if applicable)
5. Date on which the threshold was crossed or reachedvi:26/08/2025
6. Date on which issuer notified (DD/MM/YYYY):27/08/2025
7. Total positions of person(s) subject to the notification obligation
% of voting rights attached to shares (total of 8. A)% ofvoting rights throughfinancial instruments
(total of 8.B 1 + 8.B 2)
Total of both in % (8.A + 8.B)Total number of voting rights held in issuer (8.A + 8.B)vii
Resulting situation on the date on which threshold was crossed or reached3.470600%0.0000003.470600%7950000
Position of previous notification (if
applicable)
4.767800%0.0000004.767800%
 
8. Notified details of the resulting situation on the date on which the threshold was crossed or reachedviii
A: Voting rights attached to shares
Class/type of
shares
ISIN code (if possible)
Number of voting rightsix% of voting rights
Direct
(DTR5.1)
Indirect
(DTR5.2.1)
Direct
(DTR5.1)
Indirect
(DTR5.2.1)
GB00BFZNKV9179500003.470600%
SUBTOTAL 8. A79500003.470600%
B 1: Financial Instruments according to DTR5.3.1R (1) (a)
Type of financial instrumentExpiration
datex
Exercise/
Conversion Periodxi
Number of voting rights that may be acquired if the instrument is
exercised/converted.
% of voting rights
CFD/Spread Bet00
SUBTOTAL 8. B 100
B 2: Financial Instruments with similar economic effect according to DTR5.3.1R (1) (b)
Type of financial instrumentExpiration
datex
Exercise/
Conversion Periodxi
Physical or cash
Settlementxii
Number of voting rights% of voting rights
SUBTOTAL 8.B.2
 
9. Information in relation to the person subject to the notification obligation(please mark the
applicable box with an "X")
Person subject to the notification obligation is not controlled by any natural person or legal entity and does not control any other undertaking(s) holding directly or indirectly an interest in the (underlying) issuerxiiiX
Fullchain of controlled undertakings through which the voting rights and/or the
financial instruments are effectively held starting with the ultimate controlling natural person or legal entity (please add additional rows as necessary)xiv
Namexv% of voting rights if it equals or is higher than the notifiable threshold% of voting rights through financial instruments if it equals or is higher than the notifiable thresholdTotal of both if it equals or is higher than the notifiable threshold
10.In case of proxy voting, please identify:
Name of the proxy holder
The number and % of voting rights held
The date until which the voting rights will be held
11. Additional informationxvi
Lawson Roberts
01727 895145
Spreadex is an FCA regulated provider of spread betting and CFD trading. Founded in 1999, Spreadex gives both retail and professional traders the opportunity to trade over 10,000 global markets, including UK small caps. For more information seewww.spreadex.com/financials.
 
Place of completionUK
Date of completion27/08/2025
    TR-1: Standard form for notification of major holdings  
NOTIFICATION OF MAJOR HOLDINGS(to be sent to the relevant issuer and to the FCA in Microsoft Word format if possible)i
1a. Identity of the issuer or the underlying issuer of existing shares to which voting rights are attachedii:Altona Rare Earths Plc
1b. Please indicate if the issuer is a non-UK issuer (please mark with an "X" if appropriate)
Non-UK issuer
2. Reason for the notification(please mark the appropriate box or boxes with an "X")
An acquisition or disposal of voting rightsX
An acquisition or disposal of financial instruments
An event changing the breakdown of voting rights
Other (please specify) iii: Change in issued share capital due to fundraise, causing dilution of position.
3. Details of person subject to the notification obligationiv
NameSpreadex LTD
City and country of registered office (if applicable)St. Albans, United Kingdom
4. Full name of shareholder(s)(if different from 3.)v
Name
City and country of registered office (if applicable)
5. Date on which the threshold was crossed or reachedvi:27/08/2025
6. Date on which issuer notified (DD/MM/YYYY):28/08/2025
7. Total positions of person(s) subject to the notification obligation
% of voting rights attached to shares (total of 8. A)% ofvoting rights throughfinancial instruments
(total of 8.B 1 + 8.B 2)
Total of both in % (8.A + 8.B)Total number of voting rights held in issuer (8.A + 8.B)vii
Resulting situation on the date on which threshold was crossed or reached3.077700%3.0559006.133600%14050000
Position of previous notification (if
applicable)
3.470600%0.0000003.470600%
 
8. Notified details of the resulting situation on the date on which the threshold was crossed or reachedviii
A: Voting rights attached to shares
Class/type of
shares
ISIN code (if possible)
Number of voting rightsix% of voting rights
Direct
(DTR5.1)
Indirect
(DTR5.2.1)
Direct
(DTR5.1)
Indirect
(DTR5.2.1)
GB00BFZNKV9170500003.077700%
SUBTOTAL 8. A70500003.077700%
B 1: Financial Instruments according to DTR5.3.1R (1) (a)
Type of financial instrumentExpiration
datex
Exercise/
Conversion Periodxi
Number of voting rights that may be acquired if the instrument is
exercised/converted.
% of voting rights
CFD/Spread Bet70000003.055900%
SUBTOTAL 8. B 170000003.055900%
B 2: Financial Instruments with similar economic effect according to DTR5.3.1R (1) (b)
Type of financial instrumentExpiration
datex
Exercise/
Conversion Periodxi
Physical or cash
Settlementxii
Number of voting rights% of voting rights
SUBTOTAL 8.B.2
 
9. Information in relation to the person subject to the notification obligation(please mark the
applicable box with an "X")
Person subject to the notification obligation is not controlled by any natural person or legal entity and does not control any other undertaking(s) holding directly or indirectly an interest in the (underlying) issuerxiiiX
Fullchain of controlled undertakings through which the voting rights and/or the
financial instruments are effectively held starting with the ultimate controlling natural person or legal entity (please add additional rows as necessary)xiv
Namexv% of voting rights if it equals or is higher than the notifiable threshold% of voting rights through financial instruments if it equals or is higher than the notifiable thresholdTotal of both if it equals or is higher than the notifiable threshold
10.In case of proxy voting, please identify:
Name of the proxy holder
The number and % of voting rights held
The date until which the voting rights will be held
11. Additional informationxvi
Lawson Roberts
01727 895145
Spreadex is an FCA regulated provider of spread betting and CFD trading. Founded in 1999, Spreadex gives both retail and professional traders the opportunity to trade over 10,000 global markets, including UK small caps. For more information seewww.spreadex.com/financials.
 
Place of completionUK
Date of completion28/08/2025
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