Technology Minerals - Issue of Shares and Director/PDMR Shareholdings
15/04/2025 12:45
RNS Number : 1345F
Technology Minerals PLC
15 April 2025
The information contained within this announcement is deemed to constitute inside information as stipulated under the retained EU law version of the Market Abuse Regulation (EU) No. 596/2014 (the "UK MAR") which is part of UK law by virtue of the European Union (Withdrawal) Act 2018. The information is disclosed in accordance with the Company's obligations under Article 17 of the UK MAR. Upon the publication of this announcement, this inside information is now considered to be in the public domain.
15 April 2025
Technology Minerals Plc
("Technology Minerals" or the "Company")
Issue of Shares and Director/PDMR Shareholdings
Technology Minerals Plc (LSE: TM1), the first listed UK company to focus on creating a sustainable circular economy for battery metals, announces that it has arranged for the settlement of a proportion of accrued and unpaid directors' fees of £54,004.50 by way of the issuance of new Ordinary shares at a price of £0.001 each, as follows:
| Director | No. shares |
| Alexander Stanbury | 30,566,360 |
| James Cable | 15,570,990 |
| Lester Kemp | 7,867,150 |
| Technology Minerals Plc | |
| Robin Brundle, Executive Chairman Alex Stanbury, Chief Executive Officer | c/o +44 (0)20 4582 3500 |
| Oberon Investments Limited (Broker) | |
| Nick Lovering, Adam Pollock | +44 (0)20 3179 0500 |
| Gracechurch Group (Financial PR) | |
| Harry Chathli, Alexis Gore, Rebecca Scott | +44 (0)20 4582 3500 |
| 1 | Details of the person discharging managerial responsibilities / person closely associated | |||||||
| a) | Name | Alexander Stanbury | ||||||
| 2 | Reason for the notification | |||||||
| a) | Position/status | CEO | ||||||
| b) | Initial/Amendment notification | Initial | ||||||
| 3 | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | |||||||
| a) | Name | Technology Minerals Plc | ||||||
| b) | LEI | 2138001U1U2XY5UYA479 | ||||||
| 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 £0.001 each GB00BP094P47 | ||||||
| b) | Nature of the transaction | Acquisition | ||||||
| c) | Price(s) and volume(s) |
| ||||||
| d) | Aggregated information - Aggregated volume - Price | 437,372,560 £0.001 | ||||||
| e) | Date of the transaction | 15 April 2025 | ||||||
| f) | Place of the transaction | Off market | ||||||
| 1 | Details of the person discharging managerial responsibilities / person closely associated | |||||
| a) | Name | Alexander Stanbury | ||||
| 2 | Reason for the notification | |||||
| a) | Position/status | CEO | ||||
| b) | Initial/Amendment notification | Initial | ||||
| 3 | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | |||||
| a) | Name | Technology Minerals Plc | ||||
| b) | LEI | 2138001U1U2XY5UYA479 | ||||
| 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 £0.001 each GB00BP094P47 | ||||
| b) | Nature of the transaction | Disposal | ||||
| c) | Price(s) and volume(s) |
| ||||
| d) | Aggregated information - Aggregated volume - Price | 375,306,200 £0.001 | ||||
| e) | Date of the transaction | 15 April 2025 | ||||
| f) | Place of the transaction | Off Market | ||||
| 1 | Details of the person discharging managerial responsibilities / person closely associated | |||||
| a) | Name | James Cable | ||||
| 2 | Reason for the notification | |||||
| a) | Position/status | CFO | ||||
| b) | Initial/Amendment notification | Initial | ||||
| 3 | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | |||||
| a) | Name | Technology Minerals Plc | ||||
| b) | LEI | 2138001U1U2XY5UYA479 | ||||
| 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 £0.001 each GB00BP094P47 | ||||
| b) | Nature of the transaction | Acquisition | ||||
| c) | Price(s) and volume(s) |
| ||||
| d) | Aggregated information - Aggregated volume - Price | 15,570,990 £0.001 | ||||
| e) | Date of the transaction | 15 April 2025 | ||||
| f) | Place of the transaction | Off market | ||||
| 1 | Details of the person discharging managerial responsibilities / person closely associated | |||||
| a) | Name | Lester Kemp | ||||
| 2 | Reason for the notification | |||||
| a) | Position/status | COO | ||||
| b) | Initial/Amendment notification | Initial | ||||
| 3 | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | |||||
| a) | Name | Technology Minerals Plc | ||||
| b) | LEI | 2138001U1U2XY5UYA479 | ||||
| 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 £0.001 each GB00BP094P47 | ||||
| b) | Nature of the transaction | Acquisition | ||||
| c) | Price(s) and volume(s) |
| ||||
| d) | Aggregated information - Aggregated volume - Price | 7,867,150 £0.001 | ||||
| e) | Date of the transaction | 15 April 2025 | ||||
| f) | Place of the transaction | Off market | ||||