Ajax Resources PLC Director Dealing, TR-1, and change of Auditors (8308M)

TIDMAJAX

RNS Number : 8308M

Ajax Resources PLC

16 January 2023

16 January 2023

AJAX RESOURCES PLC

("Ajax" or the "Company")

Director Dealing, Holdings in Company, and

Change of Auditors

Director Dealing & Holding in the Company

Ajax [LSE: AJAX], the UK listed special purpose acquisition company with a focus on natural resources, is pleased to announce that its Chief Executive Officer, Ippolito Cattaneo, has purchased a further 125,000 ordinary shares of 1 pence each in the capital of the Company ("Ordinary Shares"). Following this purchase, Mr. Cattaneo holds a total of 9,050,000 Ordinary Shares, equivalent to 19.31% of the issued Ordinary Shares.

Change of Auditors

The Company is also pleased to announce the appointment of Shipleys LLP as auditors. The Company's former auditors, Jeffreys Henry LLP, have ceased to act as auditors for "Public Interest Entities" (a definition that includes all companies on the UK Official List) and have confirmed that they have no matters which they consider should be brought to the attention of the company's members or creditors in accordance with Section 519 of the Companies Act 2006.

   -    ENDS - 

Further Information:

 
 Ajax Resources Plc                 Tel: + 44 (0) 208 146 6345 
  Ippolito Cattaneo, Chief           [e-mail] 
  Executive Officer 
 Clear Capital Markets (Corporate   Tel: [phone] 
  Broker)                            [e-mail]; 
  Jonathan Critchley/ Keith          [e-mail] 
  Swann 
                                   ---------------------------------- 
 Allenby Capital Limited            Tel: + 44 (0) 203 328 5656 
  (Financial Adviser)                [e-mail] 
  Nick Harriss 
                                   ---------------------------------- 
 
 
 1    Details of the person discharging managerial responsibilities 
       / person closely associated 
 a)   Name                         Ippolito Cattaneo 
     ---------------------------  ----------------------------------- 
 2    Reason for the notification 
     ---------------------------------------------------------------- 
 a)   Position/status               PDMR (CEO) 
     ---------------------------  ----------------------------------- 
 b)   Initial notification         Initial notification 
       /Amendment 
     ---------------------------  ----------------------------------- 
 3    Details of the issuer, emission allowance market participant, 
       auction platform, auctioneer or auction monitor 
     ---------------------------------------------------------------- 
 a)   Name                         Ajax Resources PLC 
     ---------------------------  ----------------------------------- 
 b)   LEI                          213800JBHG3W43VMYU13 
     ---------------------------  ----------------------------------- 
 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                   Ordinary shares of 1p 
       of the financial 
       instrument, 
       type of instrument            GB00BLNBD412 
       Identification 
       code 
     ---------------------------  ----------------------------------- 
 b)   Nature of                    Purchase of ordinary shares 
       the transaction 
     ---------------------------  ----------------------------------- 
 c)   Price(s)                      Price(s)   Volume(s) 
       and volume(s)                 9.5p       125,000 
     ---------------------------  ----------------------------------- 
 d)   Aggregated 
       information 
       - Aggregated                  n/a (single transaction) 
       volume 
       - Price 
     ---------------------------  ----------------------------------- 
 e)   Date of the                  16 January 2023 
       transaction 
     ---------------------------  ----------------------------------- 
 f)   Place of                     Off Market 
       the transaction 
     ---------------------------  ----------------------------------- 
 

TR-1: Standard form for notification of major holdings

1. Issuer Details

ISIN

GB00BLNBD412

Issuer Name

Ajax Resources PLC

UK or Non-UK Issuer

UK

2. Reason for Notification

An acquisition or disposal of voting rights

3. Details of person subject to the notification obligation

Name

Ippolito Cattaneo

City of registered office (if applicable)

N/A

Country of registered office (if applicable)

N/A

4. Details of the shareholder

Full name of shareholder(s) if different from the person(s) subject to the notification obligation, above

City of registered office (if applicable)

Country of registered office (if applicable)

5. Date on which the threshold was crossed or reached

16-Jan-2023

6. Date on which Issuer notified

16-Jan-2023

7. Total positions of person(s) subject to the notification obligation

 
                          % of voting rights      % of voting rights      Total of both in %      Total number of 
                          attached to shares      through financial       (8.A + 8.B)             voting rights held 
                          (total of 8.A)          instruments (total                              in issuer 
                                                  of 8.B 1 + 8.B 2) 
  Resulting situation 
   on the date on 
   which threshold was 
   crossed or reached     19.31                   0.000000                19.31                   9,050,000 
                        ======================  ======================  ======================  ====================== 
  Position of previous 
   notification (if 
   applicable)            19.05                   0.000000                19.05 
                        ======================  ======================  ======================  ====================== 
 

8. Notified details of the resulting situation on the date on which the threshold was crossed or reached

8A. Voting rights attached to shares

 
  Class/Type of shares    Number of direct        Number of indirect      % of direct voting      % of indirect voting 
  ISIN code(if            voting rights           voting rights           rights (DTR5.1)         rights (DTR5.2.1) 
  possible)               (DTR5.1)                (DTR5.2.1) 
  GB00BN6JG812            9,050,000                                       19.31% 
                        ======================  ======================  ======================  ====================== 
  Sub Total 8.A           9,050,000                                       19.31% 
                        ==============================================  ============================================== 
 

8B1. Financial Instruments according to (DTR5.3.1R.(1) (a))

 
  Type of financial         Expiration date    Exercise/conversion        Number of voting          % of voting rights 
  instrument                                   period                     rights that may be 
                                                                          acquired if the 
                                                                          instrument is 
                                                                          exercised/converted 
 
  Sub Total 8.B1 
                          ============================================  ========================  ==================== 
 

8B2. Financial Instruments with similar economic effect according to (DTR5.3.1R.(1) (b))

 
  Type of            Expiration date    Exercise/conversion    Physical or        Number of voting    % of voting 
  financial                             period                 cash settlement    rights              rights 
  instrument 
 
  Sub Total 8.B2 
                   ===========================================================  ==================  ================== 
 

9. Information in relation to the person subject to the notification obligation

1. 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.

 
  Ultimate controlling    Name of controlled      % of voting rights      % of voting rights      Total of both if it 
  person                  undertaking             if it equals or is      through financial       equals or is higher 
                                                  higher than the         instruments if it       than the notifiable 
                                                  notifiable threshold    equals or is higher     threshold 
                                                                          than the notifiable 
                                                                          threshold 
 
 

10. In case of proxy voting

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

12. Date of Completion

16 January 2023

13. Place Of Completion

London

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END

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January 16, 2023 05:04 ET (10:04 GMT)