Technology Minerals PLC Holdings(s) in the Company/PDMR

RNS Number : 6817C

Technology Minerals PLC

03 September 2024

 

 

The information contained within this announcement is deemed to constitute inside information as stipulated under the retained EU law version of the Market Abuse Regulation (EU) No. 596/2014 (the "UK MAR") which is part of UK law by virtue of the European Union (Withdrawal) Act 2018. The information is disclosed in accordance with the Company's obligations under Article 17 of the UK MAR. Upon the publication of this announcement, this inside information is now considered to be in the public domain.

 

3 September 2024

Technology Minerals Plc

 

("Technology Minerals" or the "Company")

 

Holdings in the Company/PDMR

 

Technology Minerals Plc (LSE: TM1), the UK's pioneering firm in establishing a circular economy for battery metals, announces that Century Cobalt Limited ("CCL") has sold an aggregate of 2,550,000 ordinary Shares in the Company. As a result, CCL now holds 354,821,213 ordinary shares, which comprises 21.2% of the Company's issued share capital. CCL has informed the Company that the reason for sale was to meet its ongoing corporate expenditure obligations.

 

CCL is a company closely associated with Alex Stanbury, CEO of Technology Minerals plc, who is a 23.47% shareholder and Director of CCL, along with Lester Kemp, Director of Technology Minerals plc, who holds 0.77% of the common stock of CCL.

 

 

NOTIFICATION OF TRANSACTIONS OF DIRECTORS, PERSONS DISCHARGING MANAGERIAL RESPONSIBILITIES OR CONNECTED PERSONS

 

This notification is made in accordance with the requirements of the Market Abuse Regulation.

 

1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	Century Cobalt Limited ("CCL")
2	Reason for the notification
a)	Position/status	CCL is a person closely associated with Alex Stanbury (Director of Technology Minerals Plc and Director and 23.47% shareholder of CCL)   Lester Kemp (Director of Technology Minerals Plc also holds 0.77% of the common stock of CCL)
b)	Initial/Amendment notification	Initial
3	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)	Name	Technology Minerals Plc
b)	LEI	2138001U1U2XY5UYA479
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 £0.001 each       GB00BP094P47
b)	Nature of the transaction	Disposal of Ordinary shares in Technology Minerals Plc by Century Cobalt Limited
c)	Price(s) and volume(s)	Price (GBP) Volume 0.002 2,000,000
d)	Aggregated information   -     Aggregated volume   -     Price	2,000,000   £0.002
e)	Date of the transaction	23 August 2024
f)	Place of the transaction	London Stock Exchange

 

 

1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	Century Cobalt Limited ("CCL")
2	Reason for the notification
a)	Position/status	CCL is a person closely associated with Alex Stanbury (Director of Technology Minerals Plc and Director and 23.47% shareholder of CCL)   Lester Kemp (Director of Technology Minerals Plc also holds 0.77% of the common stock of CCL)
b)	Initial/Amendment notification	Initial
3	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)	Name	Technology Minerals Plc
b)	LEI	2138001U1U2XY5UYA479
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 £0.001 each       GB00BP094P47
b)	Nature of the transaction	Disposal of Ordinary shares in Technology Minerals Plc by Century Cobalt Limited
c)	Price(s) and volume(s)	Price (GBP) Volume 0.002 300,000
d)	Aggregated information   -     Aggregated volume   -     Price	300,000   £0.002
e)	Date of the transaction	27 August 2024
f)	Place of the transaction	London Stock Exchange

 

 

1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	Century Cobalt Limited ("CCL")
2	Reason for the notification
a)	Position/status	CCL is a person closely associated with Alex Stanbury (Director of Technology Minerals Plc and Director and 23.47% shareholder of CCL)   Lester Kemp (Director of Technology Minerals Plc also holds 0.77% of the common stock of CCL)
b)	Initial/Amendment notification	Initial
3	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)	Name	Technology Minerals Plc
b)	LEI	2138001U1U2XY5UYA479
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 £0.001 each       GB00BP094P47
b)	Nature of the transaction	Disposal of Ordinary shares in Technology Minerals Plc by Century Cobalt Limited
c)	Price(s) and volume(s)	Price (GBP) Volume 0.002 250,000
d)	Aggregated information   -     Aggregated volume   -     Price	250,000   £0.002
e)	Date of the transaction	30 August 2024
f)	Place of the transaction	London Stock Exchange

 

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