PDMR Dealing

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Regulatory News | 02 Aug, 2024

Updated : 11:30

RNS Number : 0140Z
Altona Rare Earths PLC
02 August 2024
 

2 August 2024

 

 

ALTONA RARE EARTHS PLC

 

("Altona" or "the Company")

PDMR Dealing

 

Altona (LSE: REE), a resource exploration and development company focused on critical raw materials in Africa, announces that it has been notified that on 2 August 2024, PDMR, Louise Adrian, transferred 3,313,274 ordinary shares of 1 pence each in the Company ("Shares") held by herself to a self-invested personal pension accounts ("SIPP") held in her name at a price of £0.016.

 

The SIPP transfer was effected by the sale and immediate repurchase of the Shares.  Following the SIPP transfer, the number and beneficial ownership of Shares held by Louise Adrian is unchanged.

 

 

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Altona Rare Earths Plc

Cédric Simonet, CEO                                                                               +44 (0) 7778 866 108

Louise Adrian, CFO                                                                                +44 (0) 7721 492 922

           

Novum Securities Ltd (Corporate Finance)                                        +44 (0) 20 7399 9400

David Coffman                                                                                                                           

Daniel Harris

 

Allenby Capital Ltd (Joint Broker)                                                         +44 (0)20 3328 5656

Kelly Gardiner / Guy McDougall (Sales)

Nick Athanas (Corporate Finance)

 

Optiva Securities (Joint Broker)                                                           +44 (0) 20 3411 1882

Vishal Balasingham                                                                                                                    

 

 

Notification and public disclosure of transaction by person discharging managerial responsibilities

 

1

Details of the person discharging managerial responsibilities/person closely associated

a.

Name


1)   Louise Adrian

2

Reason for notification



a.

Position/Status


1)   Director

b.

Initial notification/ Amendment


Initial notification

3

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

a.

Name


Altona Rare Earths Plc

b.

LEI


2138002A5GU9BFS2I491

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 £0.01

ISIN Code: GB00BFZNKV91

b.

Nature of the transaction


Transfer effected by the sale and immediate repurchase of Shares with no change in beneficial ownership.

c.

Price(s) and volume(s)


Price

Volume

1)   £0.016

3,313,274 Shares Sold

2)   £0.016

3,313,274 Shares Repurchased

d.

Aggregated information

 

- Aggregated Volume

 

- Price




N/A - single transaction

e.

Date of the transaction


2 August 2024

f.

Place of the transaction


London Stock Exchange

 

 

 

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