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

Sovereign MetalsAnnouncement

09/10/2024 07:15

For best results when printing this announcement, please click on link below:
http://newsfile.refinitiv.com/getnewsfile/v1/story?guid=urn:newsml:reuters.com:20241009:nRSI4617Ha&default-theme=true

RNS Number : 4617H  Sovereign Metals Limited  09 October 2024

 

NEWS RELEASE I 9 October 2024

 

CHANGE OF DIRECTOR'S INTEREST NOTICE

Sovereign Metals Limited (ASX: SVM, AIM: SVML, OTCQX: SVMLF) (the Company)
advises that Mr. Ian Middlemas, non-executive director (and PDMR), has
purchased 400,000 fully paid ordinary shares (of no par value) in the Company
on market at an average price of A$0.709 for consideration of A$283,414.

A Change of Director's Interest Notice has been provided below:

Appendix 3Y

 

Change of Director's Interest Notice

 

Information or documents not available now must be given to ASX as soon as
available.  Information and documents given to ASX become ASX's property and
may be made public.

Introduced 30/09/01  Amended 01/01/11

 

 Name of entity                  SOVEREIGN METALS LIMITED
 ABN                                    71
 120 833 427

 

We (the entity) give ASX the following information under listing rule 3.19A.2
and as agent for the director for the purposes of section 205G of the
Corporations Act.

 

 Name of Director     Ian Peter Middlemas
 Date of last notice  24 June 2020

 

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                                                   Arredo Pty Ltd (director and shareholder)

 (including registered holder)

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

 Date of change                                                                4 - 8 October 2024
 No. of securities held prior to change                                        16,100,000 Shares

 Class                                                                         Fully paid ordinary shares (ASX.SVM)
 Number acquired                                                               400,000
 Number disposed                                                               Not applicable
 Value/Consideration                                                           $283,414 (average price of A$0.709)

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

 No. of securities held after change                                           16,500,000
 Nature of change                                                              On-market purchase

 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

 Dylan Browne

 Company Secretary

 +61(8) 9322 6322

 

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

 Charlie Bouverat

 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

 

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact
rns@lseg.com (mailto:rns@lseg.com)
 or visit
www.rns.com (http://www.rns.com/)
.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our
Privacy Policy (https://www.lseg.com/privacy-and-cookie-policy)
.   END  DSHGGBDGDUGDGSC