Director/PDMR Shareholding
13 July 2026
Switch Metals plc
("Switch Metals" or the "Company")
Director/PDMR Shareholding
Switch Metals (AIM: SWT), the critical metals company focused on battery minerals and technology metals in Côte d'Ivoire, announces that it was notified on 13 July 2026 that Andrew Yeo, the Company's Chief Financial Officer, has, in order to transfer part of his shareholding in the Company into his individual savings account ("ISA"), sold 733,300 ordinary shares of £0.0085 each in the Company ("Ordinary Shares") and then purchased 733,300 Ordinary Shares in his ISA. The transactions took place on 13 July 2026 and further information is contained in the disclosure tables below.
Following the transactions, Mr Yeo's beneficial interest remains unchanged at 873,331 Ordinary Shares, representing 0.66% of the Company's issued share capital.
Details of the director dealing 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.
For further information, please contact:
Switch Metals plc
Karl Akueson, CEO
Andy Yeo, CFO
Via IFC Advisory
Allenby Capital Limited (Nominated Adviser & Joint Broker) Corporate Finance: James Reeve / Nick Harriss
Sales: Kelly Gardiner / Lauren Wright/ Matt Butlin
+44 (0) 203 328 5656
OAK Securities (Lead Broker)
Jerry Keen, Head of Corporate Broking
Henry Clarke, Head of Sales
+44 (0) 203 973 3678
jerry.keen@oak-securities.com henry.clarke@oak-securities.com
IFC Advisory Limited (Financial PR and IR)
Tim Metcalfe / Florence Staton
switchmetals@investor-focus.co.uk
+44 (0) 203 934 6632
Winterflood Retail Access Platform
Sophia Bechev, Kaitlan Billings
+44(0) 20 3100 0214
About Switch Metals
Switch Metals plc, admitted to trading on AIM in April 2025, is a mining company focused on technology and battery minerals in Côte d'Ivoire, one of the most attractive mining jurisdictions in Africa. The Company is the largest acreage holder covering tantalum, lithium and other critical metals prospects in the country (and potentially in West Africa) today.
Its core assets include Issia (Ta + Nb), Bouaké (Ta + Nb + REE) and Tiassalé (Li) projects. Issia is the current focus for the Company as it exhibits potential for early cash flow through ethical tantalum production from shallow coltan placer deposits with significant scale-up potential (from both placers and hard rock pegmatites).
The Company is led by an experienced team with an in-country presence.
Director/PDMR UK MAR disclosures
The following notification, made in accordance with the requirements of the UK Market Abuse Regulation, gives further details.
1.
Details of the person discharging managerial responsibilities/person closely associated
(a)
Full name of person Dealing
Andrew Robert Yeo
2.
Reason for notification
(b)
Position/status
Director - CFO
(c)
Initial notification/ Amendment
Initial notification
3.
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
(d)
Name of entity
Switch Metals plc
(e)
LEI
984500640D645EE3EC94
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 £0.0085 each in the Company
Identification code (ISIN) for Switch Metals Plc ordinary shares: GB00B01QGH57
(b)
Nature of the transaction
Sale of 733,300 ordinary shares of £0.0085 each in the Company that were immediately repurchased by Andrew Yeo through a Bed and ISA arrangement.
(c)
Price(s) and volume(s)
Transaction
Prices(s)
Volume(s)
Sale
9 pence
733,000
Purchase
9.004 pence
733,000
(d)
Aggregated information:
- Aggregated volume
- Price
Aggregated Volume = 1,466,000
Aggregated sale price = £65,997.00
Aggregated purchase price = £66,026.33
(e)
Date of transaction
13 July 2026
(f)
Place of transaction
London Stock Exchange, XLON
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