REG - Technology Minerals - Holdings in Company & Director/PDMR Shareholding

Technology MineralsAnnouncement

19/12/2024 17:15

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RNS Number : 8303Q  Technology Minerals PLC  19 December 2024

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.

 

19 December 2024

 

Technology Minerals Plc

 

 ("Technology Minerals" or the "Company")

 

Holdings in the Company and Director/PDMR Shareholding

Technology Minerals Plc (LSE: TM1), the UK's pioneering firm in establishing a
circular economy for battery metals, announces that Century Cobalt Limited
("CCL") has sold an aggregate of 60,000,000 Ordinary Shares in the Company to
an institutional investor.

As a result, CCL now holds 294,821,213 ordinary shares, which comprises 21.2%
of the Company's issued share capital. CCL has informed the Company that the
reason for sale was to help enable it finance any future loans to the Company,
or its group or associated companies.

CCL is a company closely associated with Alex Stanbury, CEO of Technology
Minerals plc, who is a 23.47% shareholder and Director of CCL, along with
Lester Kemp, Director of Technology Minerals plc, who holds 0.77% of the
common stock of CCL.

 

Enquiries:

 

 Technology Minerals Plc
 Robin Brundle, Executive Chairman             +44 (0)20 4582 3500

 Alexander Stanbury, Chief Executive Officer

 Oberon Investments Limited
 Nick Lovering, Adam Pollock                   +44 (0)20 3179 0535

 Gracechurch Group
 Harry Chathli, Alexis Gore, Rebecca Scott     +44 (0)20 4582 3500

 

Technology Minerals Plc

 

Technology Minerals is developing the UK's first listed, sustainable circular
economy for battery metals, using cutting-edge technology to recycle, recover,
and re-use battery technologies for a renewable energy future. Technology
Minerals is focused on raw material exploration required for Li-ion batteries,
whilst solving the ecological issue of spent Li-ion batteries, by recycling
them for re-use by battery manufacturers. Further information on Technology
Minerals is available at  www.technologyminerals.co.uk
(http://www.technologyminerals.co.uk) .

 

NOTIFICATION OF TRANSACTIONS OF DIRECTORS, PERSONS DISCHARGING MANAGERIAL
RESPONSIBILITIES OR CONNECTED PERSONS

 

This notification is made in accordance with the requirements of the Market
Abuse Regulation.

 

 1   Details of the person discharging managerial responsibilities / person closely
     associated
 a)  Name                                                         Century Cobalt Limited ("CCL")
 2   Reason for the notification
 a)  Position/status                                              CCL is a person closely associated with Alex Stanbury (Director of Technology
                                                                  Minerals Plc and Director and 23.47% shareholder of CCL)

                                                                  Lester Kemp (Director of Technology Minerals Plc also holds 0.77% of the
                                                                  common stock of CCL)
 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  Ordinary shares of £0.001 each

     Identification code

                                                                  GB00BP094P47
 b)  Nature of the transaction                                    Disposal of Ordinary shares in Technology Minerals Plc by Century Cobalt
                                                                  Limited

 c)  Price(s) and volume(s)

Price (GBP)  Volume
                                                                  0.0025       60,000,000

 
 d)  Aggregated information

     -     Aggregated volume                                      60,000,000

     -     Price                                                  £0.0025
 e)  Date of the transaction                                      18 December 2024
 f)  Place of the transaction                                     London Stock Exchange

 

d)

Aggregated information

 

-     Aggregated volume

 

-     Price

 

 

60,000,000

 

£0.0025

e)

Date of the transaction

18 December 2024

f)

Place of the transaction

London Stock Exchange

 

 

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