Kodal Minerals Plc / Index: AIM / Epic: KOD / Sector: Mining
21 November 2023
Kodal Minerals plc
("Kodal Minerals", "Kodal" or the "Company")
Director dealings and shareholdings
Kodal Minerals, the mineral exploration and development company focused on lithium and gold assets in West Africa, announces that it has been informed today that Charles Joseland, Non-Executive Director of the Company, has sold 25,000,000 ordinary shares of 0.03125 pence each in the Company ("Ordinary Shares") (the "Director Dealing") in order to satisfy cost and tax liabilities arising from the exercise of options (the "Exercise"), as announced by the Company on 16 November 2023.
Following the Director Dealing and the Exercise, Charles Joseland holds 36,250,000 Ordinary Shares in the Company, representing 0.18 per cent of the Company's issued share capital.
Transfer of certificated shareholding
In addition, the Company has today been informed that Robert Wooldridge, non-executive chairman, and Charles Joseland, non-executive director, have transferred certificated holdings of 76,785,714 and 6,250,000 Ordinary Shares respectively to their respective nominee account held on their behalf (together the "Transfers"). Following the Transfers, Robert Wooldridge and Charles Joseland's respective beneficial shareholding in the Ordinary Shares remain unchanged.
Details of the Director Dealing and Transfers in which directors and PDMRs are interested 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.
**ENDS**
For further information, please visit www.kodalminerals.com or contact the following:
| Kodal Minerals plc Bernard Aylward, CEO |
Tel: +61 418 943 345
|
| Allenby Capital Limited, Nominated Adviser Jeremy Porter/Vivek Bhardwaj/Nick Harriss
|
Tel: 020 3328 5656 |
| SP Angel Corporate Finance LLP, Financial Adviser & Joint Broker John Mackay/Adam Cowl
|
Tel: 020 3470 0470 |
| Canaccord Genuity Limited, Joint Broker James Asensio/Gordon Hamilton
|
Tel: 0207 523 4680 |
| Buchanan, Financial PR Bobby Morse/Oonagh Reidy
|
Tel: +44 (0)20 7466 5000 kodal@buchanancomms.co.uk |
| 1 | Details of the person discharging managerial responsibilities / person closely associated | |||||
| a) | Name | Directors:
| ||||
| 2 | Reason for the notification | |||||
| a) | Position/status | See 1 a) above | ||||
| b)
| Initial notification /Amendment | Initial notification | ||||
| 3
| Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | |||||
| a) | Name | Kodal Minerals plc | ||||
| b) | LEI | 213800VKFS7TS32EGI81 | ||||
| 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 0.03125P
| ||||
| b) | Nature of the transaction | Sale of Ordinary Shares | ||||
| c) | Price(s) and volume(s) |
| ||||
| d) | Aggregated information - Aggregated volume - Price |
25,000,000 Ordinary Shares
n/a see price breakdown above | ||||
| e) | Date of transaction | 17-21 November 2023 | ||||
| f) | Place of the transaction | London Stock Exchange - XLON | ||||
| 1 | Details of the person discharging managerial responsibilities / person closely associated | ||||||||||
| a) | Name |
| |||||||||
| 2 | Reason for the notification | ||||||||||
| a) | Position/status | See 1 a) above | |||||||||
| b)
| Initial notification /Amendment | Initial notification | |||||||||
| 3
| Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | ||||||||||
| a) | Name | Kodal Minerals plc | |||||||||
| b) | LEI | 213800VKFS7TS32EGI81 | |||||||||
| 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 0.03125P
| |||||||||
| b) | Nature of the transaction | Dematerialisation of certificated Ordinary Shares with no change of ultimate beneficial ownership in the Ordinary Shares.
| |||||||||
| c) | Price(s) and volume(s) |
| |||||||||
| d) | Aggregated information - Aggregated volume - Price |
83,035,714 Ordinary Shares N/A | |||||||||
| e) | Date of transaction | 21 November 2023 | |||||||||
| f) | Place of the transaction | Outside a trading venue | |||||||||
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