Last checked at 22 Jan 2018 07:00
AfriTin Mining Limited
("AfriTin" or the "Company")
Director Dealing
AfriTin Mining Limited (AIM:ATM), a mining company with a portfolio of near production tin assets in Namibia and South Africa, confirms that it has received notice that on 19 January 2018 Anthony Viljoen, a director of the Company, purchased 200,000 Ordinary Shares at a price of 2.45p per Ordinary Share. This brings Anthony's total holding in the Company to 2,923,942 Ordinary Shares representing 0.98% of the issued share capital of the Company and 0.98% of the total voting rights of the Company
Following the purchase of shares, the total holdings of each Director of the Company will be as follows:
Director | Number of Shares | per. cent |
Glen Parsons | 1,025,641 | 0.34 |
Anthony Viljoen | 2,923,942* | 0.98 |
Roger Williams | 641,025 | 0.22 |
Laurence Robb | 320,512 | 0.11 |
*This includes 516,652 Ordinary Shares pursuant to the Demerger Arrangement with Bushveld Minerals Ltd.
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 | Director, CEO | ||||
b) | Initial notification/ Amendment | Initial notification | ||||
3 | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | |||||
a) | Name | AfriTin Mining plc | ||||
b) | LEI | · 213800FKOXWBL6JBVH90
| ||||
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 share
GG00BD95V148 | ||||
b) | Nature of the transaction | Acquisition of shares | ||||
c) | Price(s) and volume(s) |
| ||||
d) | Aggregated information - Aggregated volume - Price |
200,000 2.45p | ||||
e) | Date of the transaction | 19 January 2018 | ||||
f) | Place of the transaction | XLON, AIM | ||||
Enquiries: info@afritinmining.com
AfriTin Limited | |
Anthony Viljoen (CEO) | +27 (11) 268 6555 |
Nominated Adviser and Broker | |
WH Ireland Limited Katy Mitchell Adrian Hadden James Sinclair-Ford
Joint Broker Beaufort Securities Limited Jon Belliss |
+44 (0) 207 220 1666
+44 (0) 207 382 8300 |
Financial Public Relations | |
Tavistock | |
Jos Simson / Barney Hayward | +44 (0) 207 920 3150 |
Notes to editors
AfriTin Mining's vision is to create a portfolio of world-class, conflict-free, tin producing assets and be the first pure tin company listed in London. The company's flagship asset is the Uis brownfield tin mine in Namibia, formerly the world's largest hard-rock tin mine. AfriTin is managed by a highly experienced board of directors and management team with a current two-fold strategy: fast track Uis brownfield tin mine in Namibia to commercial production in 2018 ramping up to 5,000 tonnes of concentrate, and consolidation of other quality African tin assets. The Company strives to capitalise on the solid supply/demand fundamentals of tin by developing a critical mass of tin resource inventory and achieving production in the near term and further scaling production by consolidating tin assets in Africa.