Our latest Investing Matters Podcast episode with QuotedData's Edward Marten has just been released. Listen here.

Less Ads, More Data, More Tools Register for FREE

Pin to quick picksBushveld Minerals Regulatory News (BMN)

Share Price Information for Bushveld Minerals (BMN)

London Stock Exchange
Share Price is delayed by 15 minutes
Get Live Data
Share Price: 1.25
Bid: 1.20
Ask: 1.30
Change: 0.05 (4.17%)
Spread: 0.10 (8.333%)
Open: 1.20
High: 1.25
Low: 1.175
Prev. Close: 1.20
BMN Live PriceLast checked at -

Watchlists are a member only feature

Login to your account

Alerts are a premium feature

Login to your account

Director/PDMR Shareholding

16 Feb 2021 17:28

RNS Number : 3074P
Bushveld Minerals Limited
16 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.

 

16 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 that it was was today informed of the disposal of shares by certain persons discharging managerial responsibilities ("PDMR") in the Company as follows:

 

Name

Role

Nature of transaction

Number of shares

Price per share (£)

Prince Nyati

Lemur Resources Chief Executive Officer

Disposal of Ordinary Shares of £0.01 each

35,372

0.185

 

Following the sale of shares as noted above Prince Nyati now holds 52,817 shares in the Company respresenting 0.004% 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

Prince Nyati

 

2

Reason for the notification

a)

Position/status

Lemur Resources Chief Executive Officer

 

b)

 

Initial notification /Amendment

Initial notification

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

instrument, type of instrument

 

Ordinary Shares of £0.01 each

 

 

b)

Identification code

ISIN: GG00B4TM3943

c)

Nature of the transaction

Sale of shares

d)

Price(s) and volume(s)

Price(s)

Volume(s)

£0.185

35,372

e)

Aggregated information

- Aggregated volume

- Price

N/A (Single transaction)

f)

Date of the transaction

10 February 2021

g)

Place of the transaction

XLON

ENDS

  

Inquiries: info@bushveldminerals.com

Bushveld Minerals

 

+27 (0) 11 268 6555

Fortune Mojapelo, Chief Executive Officer

 

 

Chika Edeh, Head of Investor Relations

 

 

 

 

 

SP Angel Corporate Finance LLP

Nominated Adviser & Broker

+44 (0) 20 3470 0470

Richard Morrison / Charlie Bouverat

 

Abigail Wayne / Richard Parlons

 

 

 

Peel Hunt LLP

Joint Broker

+44 (0) 20 7418 8900

Ross Allister / Alexander Allen

 

 

 

BMO Capital Markets Limited

Joint Broker

+44 (0) 20 7236 1010

Tom Rider 

 

 

 

Tavistock

Financial PR

+44 (0) 20 7920 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
 
 
DSHBRGDDLDBDGBL
Date   Source Headline
17th Oct 20187:00 amRNSLemur Q3 Operational Update
1st Oct 20185:35 pmRNSHolding(s) in Company
27th Sep 201812:30 pmRNSUpdate on Black Economic Empowerment Ownership
26th Sep 20187:00 amRNSInterim results for the period ended 30 June 2018
21st Sep 20184:15 pmRNSResolution of Unprotected Industrial Action
13th Sep 20187:00 amRNSAcquisition of Sojitz interest in SMC
12th Sep 20184:15 pmRNSUpdate on Industrial Action
7th Sep 201810:45 amRNSUnprotected Industrial Action
22nd Aug 20182:00 pmRNSBushveld Vanadium Q2 Operational Update
13th Aug 20185:59 pmRNSExercise of Warrants and Total Voting Rights
8th Aug 20185:13 pmRNSResult of Annual General Meeting & Issue of Equity
11th Jul 20187:00 amRNSBushveld Energy Q2 Operating Update
6th Jul 201812:20 pmRNSExercise of Warrants and Total Voting Rights
4th Jul 20187:00 amRNSLemur Q2 Operational Update
29th Jun 20187:01 amRNSFinal Results for Period Ended 31 December 2017
28th Jun 20187:10 amRNSBushveld Vametco - Completion of Phase Two
20th Jun 20185:20 pmRNSHolding(s) in Company
14th Jun 20187:00 amRNSRedemption of Convertible Bonds
22nd May 20189:39 amRNSLemur Concludes Concession Agreement
17th May 20184:37 pmRNSExercise of Warrants and Total Voting Rights
27th Apr 20187:21 amRNSBushveld Vanadium Q1 Operational Update
23rd Apr 201810:00 amRNSTR-1
19th Apr 20187:00 amRNSVanadium 101 Interactive Webinar
11th Apr 20188:30 amRNSBushveld Energy Q1 Operational Update
5th Apr 20182:36 pmRNSExercise of Warrants and Total Voting Rights
5th Apr 201810:30 amRNSLemur Resources Q1 Operational Update
29th Mar 20189:52 amRNSTR-1
28th Mar 20187:00 amRNSAppointment of Michael Kirkwood
26th Mar 20182:59 pmRNSUS$22.2 million equity placing
14th Mar 201812:01 pmRNSExercise of Convertible Bonds
1st Mar 20187:00 amRNSAppointment of Joint Broker
19th Feb 20185:13 pmRNSExercise of Convertible Bonds and TVR
29th Jan 201811:35 amRNSExercise of Warrants and Total Voting Rights
23rd Jan 20181:33 pmRNSExercise of Convertible Bonds and TVR
22nd Jan 20187:00 amRNSQ4 Operational Update
18th Jan 20187:00 amRNSExercise of Convertible Bonds and TVR
10th Jan 20183:36 pmRNSExercise of Warrants and Total Voting Rights
2nd Jan 20181:15 pmRNSChange of Accounting Reference Date
21st Dec 20177:00 amRNSCompletion of Acquisition and Readmission to AIM
20th Dec 20171:45 pmRNSResults of General Meeting
19th Dec 201710:54 amRNSSchedule 1 update - Bushveld Minerals Limited
18th Dec 201710:34 amRNSIssuance of Second tranche of Convertible bonds
1st Dec 20171:13 pmRNSExercise of Convertible Bonds and TVR
30th Nov 201711:00 amRNSSchedule One - Bushveld Minerals Limited
30th Nov 20177:00 amRNSProposed Acquisition of 55% of Bushveld Vametco
29th Nov 20177:00 amRNSInterim Results For Period Ended 31 August 2017
23rd Nov 20177:32 amRNSOperational update - Lemur Holdings
21st Nov 20177:00 amRNSDeployment of First Vanadium Redox Flow Battery
20th Nov 20177:00 amRNSVametco 3rd quarter operating results
17th Nov 20177:00 amRNSExercise of Warrants and Total Voting Rights

Due to London Stock Exchange licensing terms, we stipulate that you must be a private investor. We apologise for the inconvenience.

To access our Live RNS you must confirm you are a private investor by using the button below.

Login to your account

Don't have an account? Click here to register.

Quickpicks are a member only feature

Login to your account

Don't have an account? Click here to register.