ADVFN Logo

We could not find any results for:
Make sure your spelling is correct or try broadening your search.

Trending Now

Toplists

It looks like you aren't logged in.
Click the button below to log in and view your recent history.

Hot Features

Registration Strip Icon for alerts Register for real-time alerts, custom portfolio, and market movers

BMN Bushveld Minerals Limited

1.30
0.10 (8.33%)
28 Mar 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Bushveld Minerals Limited LSE:BMN London Ordinary Share GG00B4TM3943 ORD 1P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.10 8.33% 1.30 1.20 1.40 1.30 1.175 1.20 7,856,215 16:04:30
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
Minrls,earths-ground,treated 151.18M -38.97M -0.0166 -0.78 30.46M

Bushveld Minerals Limited Director/PDMR Shareholding (8029P)

19/02/2021 5:43pm

UK Regulatory


Bushveld Minerals (LSE:BMN)
Historical Stock Chart


From Mar 2019 to Mar 2024

Click Here for more Bushveld Minerals Charts.

TIDMBMN

RNS Number : 8029P

Bushveld Minerals Limited

19 February 2021

Market Abuse Regulation ("MAR") Disclosure

Certain information contained in this announcement would have been deemed inside information for the purposes of Article 7 of Regulation (EU) No 596/2014 until the release of this announcement.

19 February 2021

Bushveld Minerals Limited

("Bushveld Minerals" or the "Company")

PDMR Dealing

Bushveld Minerals Limited (AIM: BMN), the AIM quoted, integrated primary vanadium producer and energy storage solutions provider, with ownership of high-grade assets in South Africa ("Bushveld"), announces, the disposal of Ordinary Shares by certain persons discharging managerial responsibilities ("PDMR") in the Company as follows:

 
 Name               Role             Nature of transaction    Number of   Price 
                                                               shares      per share 
                                                                           (GBP) 
                                     Disposal of Ordinary 
                                      Shares of GBP0.01 
                    Non-Executive     ("Ordinary Shares") 
 Anthony Viljoen     Director         each                    3,000,000   0.1706 
                   ---------------  -----------------------  ----------  ----------- 
 

*Anthony Viljoen now holds 5,666,667 Ordinary Shares in Bushveld directly and has a beneficial interest in a further 8,160,000 Ordinary Shares held through VM Investment Company (Pty) Ltd, a company in which he has a 50 per cent interest.

The sale has been undertaken to mainly settle tax liabilities associated with the issue of Ordinary Shares to Mr Viljoen as announced on 8 August 2018. Following the sale of Ordinary Shares, as noted above, Anthony Viljoen now holds 9,746,667 Ordinary Shares in the Company respresenting 0.82% of the issued share capital of the Company .

PDMR Dealing

The notifications below, made in accordance with the requirements of the EU Market Abuse Regulation, provide further detail on the director's 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                            Anthony Viljoen 
      ------------------------------  --------------------------------- 
  2     Reason for the notification 
      ----------------------------------------------------------------- 
  a)    Position/status                 Non-Executive Director 
      ------------------------------  --------------------------------- 
  b)    Initial notification            Initial notification 
         /Amendment 
      ------------------------------  --------------------------------- 
  3     Details of the issuer, emission allowance market participant, 
         auction platform, auctioneer, or auction monitor 
      ----------------------------------------------------------------- 
  a)    Name                            Bushveld Minerals Limited 
      ------------------------------  --------------------------------- 
  b)    LEI                             213800GX3IGYRET8ZE57 
      ------------------------------  --------------------------------- 
  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    Ordinary Shares of GBP0.01 each 
         instrument, type of 
         instrument 
      ------------------------------  --------------------------------- 
  b)    Identification code             ISIN: GG00B4TM3943 
      ------------------------------  --------------------------------- 
  c)    Nature of the transaction       Sale of shares 
      ------------------------------  --------------------------------- 
  d)    Price(s) and volume(s)                  Price(s)    Volume(s) 
                                         1 .    GBP0.1706    3,000,000 
                                              -----------  ----------- 
      ------------------------------  --------------------------------- 
  e)    Aggregated information          N/A (Single transaction) 
         - Aggregated volume 
         - Price 
      ------------------------------  --------------------------------- 
  f)    Date of the transaction         19 February 2021 
      ------------------------------  --------------------------------- 
  g)    Place of the transaction        XLON 
      ------------------------------  --------------------------------- 
 

ENDS

Inquiries: info@bushveldminerals.com

 
                                                          +27 (0) 11 268 
Bushveld Minerals                                          6555 
Fortune Mojapelo, Chief Executive 
 Officer 
Chika Edeh, Head of Investor 
 Relations 
 
                                      Nominated Adviser   +44 (0) 20 3470 
SP Angel Corporate Finance LLP         & Broker            0470 
Richard Morrison / Charlie Bouverat 
G rant Barker / Richard Parlons 
 
                                                          +44 (0) 20 7418 
Peel Hunt LLP                         Joint Broker         8900 
Ross Allister / Alexander Allen 
 
                                                          +44 (0) 20 7236 
BMO Capital Markets Limited           Joint Broker         1010 
Tom Rider 
 
                                                          +44 (0) 20 7920 
Tavistock                             Financial PR         3150 
Charles Vivian / Gareth Tredway 
 Edward Lee 
 
 

ABOUT BUSHVELD MINERALS LIMITED

Bushveld Minerals is a low-cost, integrated, primary vanadium producer, with ownership of high-grade vanadium assets.

The Company's flagship vanadium platform includes a 74 per cent controlling interest in Bushveld Vametco Alloys (Pty) Ltd, a primary vanadium mining and processing company; 100 per cent of Bushveld Vanchem, a primary vanadium processing facility with a beneficiation plant; the Mokopane Vanadium Project and the Brits Vanadium Project.

Bushveld's vision is to become a significant, low-cost, integrated primary vanadium producer through owning high grade assets. Whilst the demand for vanadium remains largely anchored in the steel industry, Bushveld Minerals believes there is strong potential for an imminent and significant global vanadium demand surge from the fast-growing energy storage market, particularly through the use and adoption of Vanadium Redox Flow Batteries. Bushveld Energy, the Company's energy storage solutions provider, plays a leading role in the development and promotion of the role of vanadium in this market.

The Company's approach to project development recognises that, whilst attractive project economics are imperative, they may be insufficient to secure capital to bring them to account. A clear path to production within a visible timeframe, low capital expenditure requirements and scalability are important factors in ensuring a positive return on investment. This philosophy is core to the Company's strategy in developing projects.

Detailed information on the Company and progress to date can be accessed on the website www.bushveldminerals.com .

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

DSHBRGDDXSBDGBC

(END) Dow Jones Newswires

February 19, 2021 12:43 ET (17:43 GMT)

1 Year Bushveld Minerals Chart

1 Year Bushveld Minerals Chart

1 Month Bushveld Minerals Chart

1 Month Bushveld Minerals Chart

Your Recent History

Delayed Upgrade Clock