5 October 2023
Technology Minerals Plc
(the "Company")
Holdings in the Company/PDMR
Technology Minerals Plc (LSE: TM1), the first listed UK company focused on creating a sustainable circular economy for battery metals, announces it has been notified that, as further detailed below, Century Cobalt Limited ("CCL") has sold an aggregate of 29,000,000 Ordinary shares in the Company (representing 1.92% of the total issued share capital of the Company).
Enquiries:
| Technology Minerals Plc |
|
| Robin Brundle, Executive Chairman Alexander Stanbury, Chief Executive Officer
| +44 (0)20 4582 3500 |
| 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 |
Notification and public disclosure of transactions by persons discharging managerial responsibilities and persons closely associated with them
| 1 | Details of the person discharging managerial responsibilities / person closely associated | ||||
| a) | Names | Alexander Stanbury & Lester Kemp | |||
| 2 | Reason for the notification | ||||
| a) | Position/status | Alexander Stanbury, a director of the Company, holds 23.47% of the common stock of Century Cobalt Corp ('CCC').
Lester Kemp, a director of the Company, holds 0.77% of the common stock of CCC.
CCC holds 100% of the issued shares of Century Cobalt Limited.
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| b) | Initial notification /Amendment | Initial notification | |||
| 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 par value each ISIN: GB00BP094P47 | |||
| b) | Nature of the transaction | Sale of shares by Century Cobalt Limited.
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| c)
| Price(s) and volume(s) | | | | |
| | | Price & Date | Volume(s) | | |
| | | 2.0202 - 8 June 2023 | 10,000,000 | | |
| | | 1.20p -24 August 2023 | 10,000,000 | | |
| | | 1.52p - 25 August 2023 | 1,500,000 | | |
| | | 1.435p - 31 August 2023 | 1,000,000 | | |
| | | 1.40p - 4 September 2023 | 1,000,000 | | |
| | | 1.50p - 6 September 2023 | 1,000,000 | | |
| | | 1.50p - 15 September 2023 | 1,000,000 | | |
| | | 1.51p - 18 September 2023 | 1,000,000 | | |
| | | 1.62p - 19 September 2023 | 1,000,000 | | |
| | | 1.56p - 27 September 2023 | 1,000,000 | | |
| | | 1.70p - 28 September 2023 | 500,000 | | |
| | | | | | |
| d) | Aggregated information | Weighted average price - 1.581p Aggregated Volume - 29,000,000 (1.92%)
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| e) | Dates of the transaction | 8 June, 24 August, 25 August, 31 August, 4 September, 6 September, 15 September, 18 September, 19 September, 27 September and 28 October 2023 | |||
| f) | Place of the transactions | London Stock Exchange | |||
TR-1: standard form for notification of major holdings
| NOTIFICATION OF MAJOR HOLDINGS (to be sent to the relevant issuer and to the FCA in Microsoft Word format if possible) | ||||||
| | ||||||
| 1a. Identity of the issuer or the underlying issuer of existing shares to which voting rights are attached: | Technology Minerals Plc (the 'Company') | |||||
| 1b. Please indicate if the issuer is a non-UK issuer (please mark with an "X" if appropriate) | ||||||
| Non-UK issuer | | |||||
| 2. Reason for the notification (please mark the appropriate box or boxes with an "X") | ||||||
| An acquisition or disposal of voting rights | X | |||||
| An acquisition or disposal of financial instruments | | |||||
| An event changing the breakdown of voting rights | | |||||
| Other (please specify): | | |||||
| 3. Details of person subject to the notification obligation | ||||||
| Name | Century Cobalt Limited | |||||
| City and country of registered office (if applicable) | London, United Kingdom | |||||
| 4. Full name of shareholder(s) (if different from 3.) | ||||||
| Name | | |||||
| City and country of registered office (if applicable) | | |||||
| 5. Date on which the threshold was crossed or reached: | 19 September 2023 | |||||
| 6. Date on which issuer notified (DD/MM/YYYY): | 5 October 2023 | |||||
| 7. Total positions of person(s) subject to the notification obligation | ||||||
| | % of voting rights attached to shares (total of 8. A) | % of voting rights through financial instruments | Total of both in % (8.A + 8.B) | Total number of voting rights held in issuer (8.A + 8.B) | ||
| Resulting situation on the date on which threshold was crossed or reached | 27.96 | 0.00 | 27.96 | 423,246,213 | ||
| Position of previous notification (if applicable) | 34.55 | 0.00 | 34.55 | 450,746,213 | ||
| 8. Notified details of the resulting situation on the date on which the threshold was crossed or reached | |||||||||
| A: Voting rights attached to shares | |||||||||
| Class/type of ISIN code (if possible) | Number of voting rights | % of voting rights | |||||||
| Direct (DTR5.1) | Indirect (DTR5.2.1) | Direct (DTR5.1) | Indirect (DTR5.2.1) | ||||||
| GB00BP094P47 | 423,246,213 | | 27.96 | | |||||
| | | | | | |||||
| | | | | | |||||
| SUBTOTAL 8. A | 423,246,213 | 27.96 | |||||||
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| B 1: Financial Instruments according to DTR5.3.1R (1) (a) | |||||||||
| Type of financial instrument | Expiration | Exercise/ | Number of voting rights that may be acquired if the instrument is exercised/converted. | % of voting rights | |||||
| | | | | | |||||
| | | | | | |||||
| | | | | | |||||
| | | SUBTOTAL 8. B 1 | | | |||||
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| B 2: Financial Instruments with similar economic effect according to DTR5.3.1R (1) (b) | |||||||||
| Type of financial instrument | Expiration | Exercise/ | Physical or cash Settlement | Number of voting rights | % of voting rights | ||||
| | | | | | | ||||
| | | | | | | ||||
| | | | | | | ||||
| | |
| SUBTOTAL 8.B.2 | | | ||||
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| 9. Information in relation to the person subject to the notification obligation (please mark the applicable box with an "X") | ||||
| Person subject to the notification obligation is not controlled by any natural person or legal entity and does not control any other undertaking(s) holding directly or indirectly an interest in the (underlying) issuer | | |||
| Full chain of controlled undertakings through which the voting rights and/or the | X | |||
| Name | % of voting rights if it equals or is higher than the notifiable threshold | % of voting rights through financial instruments if it equals or is higher than the notifiable threshold | Total of both if it equals or is higher than the notifiable threshold | |
| Century Cobalt Corp. | 100% | | 100% | |
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| 10. In case of proxy voting, please identify: | ||||
| Name of the proxy holder | | |||
| The number and % of voting rights held | | |||
| The date until which the voting rights will be held | | |||
| | ||||
| 11. Additional information | ||||
| Alexander Stanbury, a director of the Company, holds 23.47% of the common stock of Century Cobalt Corp ('CCC'). Lester Kemp, a director of the Company, holds 0.77% of the common stock of CCC. CCC holds 100% of the issued shares of Century Cobalt Limited. | ||||
| Place of completion | London |
| Date of completion | 5.10.2023 |
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