REG - Sovereign Metals Ltd - Change of Director’s Interest Notice

Sovereign MetalsAnnouncement

28/03/2024 07:15

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RNS Number : 6290I  Sovereign Metals Limited  28 March 2024

SOVEREIGN METALS LIMITED

NEWS RELEASE I 28 MARCH 2024

Change of Director's Interest Notice

 Name of Director     Julian Stephens
 Date of last notice  29 September 2023

 

Part 1 - Change of director's relevant interests in securities

In the case of a trust, this includes interests in the trust made available by
the responsible entity of the trust

Note: In the case of a company, interests which come within paragraph (i) of
the definition of "notifiable interest of a director" should be disclosed in
this part.

 

 Direct or indirect interest                                                   Indirect

 Nature of indirect interest                                                   One Way Trust (beneficial interest)

 (including registered holder)

 Note: Provide details of the circumstances giving rise to the relevant
 interest.

 Date of change                                                                26 and 27 March 2024
 No. of securities held prior to change                                        (a)   16,557,518

                                                                               (b)   1,200,000
 Class                                                                         (a)   Ordinary Fully Paid Shares

                                                                               (b)   Unlisted Performance Rights subject to the "Definitive Feasibility
                                                                               Study Milestone" expiring 31 October 2025
 Number acquired                                                               Nil
 Number disposed                                                               (a)  3,000,000
 Value/Consideration                                                           $1,430,000

 Note: If consideration is non-cash, provide details and estimated valuation
 No. of securities held after change                                           (a)  13,557,518

                                                                               (b)  1,200,000
 Nature of change                                                              Special crossing trade to settle outstanding personal tax obligations

 Example: on-market trade, off-market trade, exercise of options, issue of
 securities under dividend reinvestment plan, participation in buy-back

 

Part 2 - Change of director's interests in contracts

Note: In the case of a company, interests which come within paragraph (ii) of
the definition of "notifiable interest of a director" should be disclosed in
this part.

 Detail of contract                                                               Not applicable
 Nature of interest                                                               Not applicable
 Name of registered holder                                                        Not applicable

 (if issued securities)

 Date of change                                                                   Not applicable
 No. and class of securities to which interest related prior to change            Not applicable

 Note: Details are only required for a contract in relation to which the
 interest has changed

 Interest acquired                                                                Not applicable
 Interest disposed                                                                Not applicable
 Value/Consideration                                                              Not applicable

 Note: If consideration is non-cash, provide details and an estimated valuation

 Interest after change                                                            Not applicable

 

Part 3 - +Closed period

 Were the interests in the securities or contracts detailed above traded during  No
 a +closed period where prior written clearance was required?
 If so, was prior written clearance provided to allow the trade to proceed       Not applicable
 during this period?
 If prior written clearance was provided, on what date was this provided?        Not applicable

 

 Initial notification/Amendment  Initial
 LEI                             213800NSPXSASTENFQ34
 Place of transaction            Australian Securities Exchange (ASX)

 

 

ENQUIRIES

 Frank Eagar (South Africa/Malawi)  Sam Cordin (Perth)  Sapan Ghai (London)

Managing Director
+61(8) 9322 6322
+44 207 478 3900

 +61(8) 9322 6322

 

 Nominated Adviser on AIM and Joint Broker
 SP Angel Corporate Finance LLP             +44 20 3470 0470
 Ewan Leggat

 Charlie Bouverat

 Harry Davies-Ball

 Joint Brokers
 Stifel                                     +44 20 7710 7600
 Varun Talwar
 Ashton Clanfield

 Berenberg                                  +44 20 3207 7800
 Matthew Armitt
 Jennifer Lee

 Buchanan                                   + 44 20 7466 5000

 

 

 

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