Company Announcements

PDMR Dealing

Source: RNS
RNS Number : 0646O
Capital Metals PLC
05 February 2021
 

Capital Metals Plc

("CMET" or the "Company")

PDMR Dealing

 

Capital Metals plc (AIM: CMET), has been advised of the following Directors' Dealings in the ordinary shares of the Company on 4 February 2021 as a part of the Directors' internal restructuring of their holdings, which result in no change in their underlying beneficial interest in CMET.

Michael Frayne, Chief Executive of the Company, transferred 108,250 CMET ordinary shares representing 0.06 per cent. of the Company's issued ordinary share capital, from Adelise Services Ltd (a company in which Michael Frayne has a beneficial interest), to Chulu Holdings Pty Ltd ATF The Chulu Trust (a trust of which Michael Frayne is a beneficiary).

Anthony Samaha, Finance Director of the Company, transferred 8,333 CMET ordinary shares representing 0.004 per cent. of the Company's issued ordinary share capital, from San Tannos Pty Ltd (a company in which Anthony Samaha has a beneficial interest) to a direct holding.

 

1

Details of the person discharging managerial responsibilities/person closely associated

a)

Name

Michael Frayne

2

Reason for the notification

a)

Position/status

Chief Executive

b)

Initial notification/Amendment

Initial notification

3

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

a)

Name

Capital Metals plc

b)

LEI

213800RR4MW1ETEMS859

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 0.2 pence per share par value 

 

GB00B2QBNL29

b)

Nature of the transaction

Transfer of current shareholding

c)

Price(s) and volume(s)

Price(s)

Volume(s)

n/a

108,250

 

 

 

d)

Aggregated information

-

Aggregated volume

-

Price

 

As above

As above

e)

Date of the transaction

4 February 2021

f)

Place of the transaction

Outside of a trading platform

 

 

1

Details of the person discharging managerial responsibilities/person closely associated

a)

Name

Anthony Samaha

2

Reason for the notification

a)

Position/status

Finance Director

b)

Initial notification/Amendment

Initial notification

3

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

a)

Name

Capital Metals plc

b)

LEI

213800RR4MW1ETEMS859

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 0.2 pence per share par value 

 

GB00B2QBNL29

b)

Nature of the transaction

Transfer of current shareholding

c)

Price(s) and volume(s)

Price(s)

Volume(s)

19.0 pence

8,333

 

 

 

d)

Aggregated information

-

Aggregated volume

-

Price

 

As above

As above

e)

Date of the transaction

4 February 2021

f)

Place of the transaction

Outside of a trading platform

 

 

 

Michael Frayne's beneficial interest in CMET remains unchanged at 13,056,673 CMET ordinary shares, representing 7.58 per cent. of CMET's issued share capital. 

 Anthony Samaha's beneficial interest in CMET remains unchanged at 347,881 CMET ordinary shares, representing 0.20 per cent. of CMET's issued share capital. 

 

THIS ANNOUNCEMENT CONTAINS INSIDE INFORMATION AS STIPULATED UNDER THE UK VERSION OF THE MARKET ABUSE REGULATION NO 596/2014 WHICH IS PART OF ENGLISH LAW BY VIRTUE OF THE EUROPEAN (WITHDRAWAL) ACT 2018, AS AMENDED.  ON PUBLICATION OF THIS ANNOUNCEMENT VIA A REGULATORY INFORMATION SERVICE, THIS INFORMATION IS CONSIDERED TO BE IN THE PUBLIC DOMAIN.

 

**ENDS**

For further information, please contact:




Capital Metals Plc 

+ 44 (0) 20 7317 6800

Michael Frayne (Chief Executive)

 

Brandon Hill Capital Limited (Broker)   

Jonathan Evans and Oliver Stansfield

 

 

 

+44 (0) 20 3463 5000



SPARK Advisory Partners Limited (Nominated Adviser)

+44 (0) 203 368 3550

Neil Baldwin


 

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