RNS Number : 9327Z
Adriatic Metals PLC
09 August 2024
 

9 August 2024

 

 Adriatic Metals PLC 

("Adriatic Metals" or the "Company")

 

DIRECTOR/PDMR SHARE DEALING

NOTIFICATION AND PUBLIC DISCLOSURE OF TRANSACTIONS BY PERSON DISCHARGING MANAGERIAL RESPONSIBILITIES AND PERSONS CLOSELY ASSOCIATED WITH THEM

 1

Details of the person discharging managerial responsibilities/person closely associated

a)

Name

Michael Rawlinson

2

Reason for the notification

a)

Position/status

Chairman

b)

Initial notification/ Amendment

Initial notification

3

Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor

a)

Name

Adriatic Metals PLC

b)

LEI

549300OHAH2GL1DP0L61

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

a.    Adriatic Metals plc ordinary shares (Shares)

b.   Adriatic Metals plc CHESS Depository Interests (ordinary shares) (CDIs)

 

ISINs:    a.    GB00BL0L5G04

b.     AU0000004772

 

b)

Nature of the transaction

a.    Purchase of 17,982 Shares into personal SIPP.

b.   Purchase of 18,000 CDIs into personal SIPP.

c)

Price(s) and volume(s)

Price(s)

Volume(s)

a.    Purchase at £1.38304 per Share

17,982

b.   Purchase at A$2.665 per CDI

18,000

d)

Aggregated information

-   Aggregated volume

-      Price

 

 

 

a.    17,982

 

£24,869.83

 

b.   18,000

 

A$47,970

e)

Date of the transaction

a.    8 August 2024

b.   9 August 2024

f)

Place of the transaction

a.    London Stock Exchange

b.   Australian Securities Exchange

 

The person ‎responsible for arranging and authorising the release of this announcement on behalf of Adriatic is Paul Cronin, Managing Director and CEO.

 

 

**ends**

 

For further information please visit: www.adriaticmetals.com; email: info@adriaticmetals.com, @AdriaticMetals on Twitter; or contact:

 

Adriatic Metals PLC


Klara Kaczmarek

GM - Corporate Development

Tel: +44 (0) 7859 048228

Klara.kaczmarek@adriaticmetals.com



Burson Buchanan

Tel: +44 (0) 20 7466 5000

Bobby Morse / Christopher Jones

adriatic@buchanan.uk.com 

Morgans Corporate Limited

 

Rob Douglas / Sam Warriner / Mitch Duffy

Tel: +61 7 3334 4888



RBC Capital Markets

 

Farid Dadashev / James Agnew / Jamil Miah

Tel: +44 (0) 20 7653 4000



Stifel Nicolaus Europe Limited

Ashton Clanfield / Callum Stewart / Varun Talwar

Tel: +44 (0) 20 7710 7600



Sodali & Co


Cameron Gilenko

Tel: +61 466 984 953

 

ABOUT ADRIATIC METALS

Adriatic Metals Plc (ASX:ADT, LSE:ADT1, OTCQX:ADMLF) is a precious and base metals developer that is advancing the world-class Vares Silver Project in Bosnia & Herzegovina, as well as the Raska Zinc-Silver Project in Serbia. First concentrate production took place in February 2024 and the Vares Silver Operation is fully funded to nameplate production, which is expected in Q4 2024. Concurrent with ongoing operational activities, the Company continues to explore across its highly prospective 44km2 concession package.

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