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Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
---|---|---|---|---|---|
Adriatic Metals Plc | LSE:ADT1 | London | Ordinary Share | GB00BL0L5G04 | ORD 1.3355P |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
-0.50 | -0.23% | 219.50 | 219.00 | 221.00 | 223.50 | 218.00 | 221.00 | 140,009 | 16:35:26 |
Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
---|---|---|---|---|---|
Lead And Zinc Ores | 0 | -47.14M | -0.1610 | -27.14 | 1.28B |
TIDMADT1
RNS Number : 8006N
Adriatic Metals PLC
06 June 2022
Adriatic Metals PLC
("Adriatic Metals" or the "Company")
(ASX:ADT, LSE:ADT1, OTCQX:ADMLF)
DIRECTOR/PDMR SHARE DEALING
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) Name Paul Cronin ----------------------------- ---------------------------------------- 2 Reason for the notification ----------------------------------------------------------------------- a) Position/status Managing Director & CEO ----------------------------- ---------------------------------------- b) Initial notification/ Initial notification Amendment ----------------------------- ---------------------------------------- 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, Adriatic Metals PLC CHESS Depositary type of instrument Interests (ordinary shares) Identification ISIN: AU0000004772 code ----------------------------- ---------------------------------------- b) Nature of the transaction Purchase of ordinary shares ----------------------------- ---------------------------------------- c) Price(s) and volume(s) Price(s) Volume(s) A$2.40 82,469 A$2.39 17,000 A$2.38 531 ---------- ----------------------------- ---------------------------------------- d) Aggregated information * Aggregated volume 100,000 A$ 239,819.38 * Price ----------------------------- ---------------------------------------- e) Date of the transaction 2 June 2022 ----------------------------- ---------------------------------------- f) Place of the transaction Australian Securities Exchange ----------------------------- ----------------------------------------
** ENDS **
Market Abuse Regulation Disclosure
The information contained within this announcement is deemed by Adriatic (LEI: 549300OHAH2GL1DP0L61) to constitute inside information as stipulated under the Market Abuse Regulations (EU) No. 596/2014.
The person responsible for arranging and authorising the release of this announcement on behalf of Adriatic is Paul Cronin, Managing Director and CEO.
For further information please visit www.adriaticmetals.com or @adriaticmetals visit on Twitter; or contact:
Adriatic Metals PLC Paul Cronin / Thomas Horton Tel: +44 (0) 7866 913207 Canaccord Genuity Limited (Joint Corporate Broker) Jeremy Dunlop (Australia) Tel: +61 2 9263 2700 James Asensio (UK) Tel: +44 (0) 207 523 8000 RBC Capital Markets (Joint Corporate Broker) Marcus Jackson / Jamil Miah Tel: +44 (0) 20 7653 4000 Stifel Nicolaus Europe Limited (Joint Corporate Broker) Ashton Clanfield / Callum Stewart Tel: +44 (0) 20 7710 7600 Buchanan Bobby Morse / Ariadna Peretz Tel: +44 (0) 2074665151 The Capital Network Julia Maguire / Lelde Smits Tel: +61 2 8999 3699
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.
The Vares Silver Project is fully-funded to production, which is expected in Q2 2023. The 2021 Project Definitive Feasibility Study boasts robust economics of US$1,062 million post-tax NPV8, 134% IRR and a capex of US$168 million. Concurrent with ongoing construction activities, the Company continues to explore across its highly prospective 41km(2) concession package.
There have been no material changes to the assumptions underpinning the forecast financial information derived from the production target in the 19 August 2021 DFS announcement and these assumptions continue to apply and have not materially changed. Adriatic Metals is not aware of any new information or data that materially affects the information included in the announcement of the updated Mineral Resource Estimate announced on 1 September 2020 and all material assumptions and technical parameters underpinning the Mineral Resource Estimate continue to apply and have not materially changed.
This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.
RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.
END
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(END) Dow Jones Newswires
June 06, 2022 02:44 ET (06:44 GMT)
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