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Notification of PCA transaction

4 Mar 2019 07:00

RNS Number : 6653R
Danakali Limited
04 March 2019
 

Announcement

Monday, 4 March 2019

 

Notification of PCA transaction

 

Danakali Limited (ASX: DNK / LSE: DNK) (Danakali, or the Company) announces that it has issued 823,772 unlisted options to a person closely associated (PCA) of a person discharging managerial responsibilities (PDMR).

 

The relevant notifications set out below are provided in accordance with the requirements of Article 19 of the EU Market Abuse Regulation.

 

1

 

Details of the person discharging managerial responsibilities / person closely associated

a)

 

Name

Redgate Beach Investments Pty Ltd

2

 

Reason for the notification

a)

 

Position/status

 

PCA of PDMR William Sandover (Head of Corporate Development & External Affairs)

b)

 

Initial notification /Amendment

Initial notification

3

 

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

 

 

a)

 

Name

Danakali Limited

b)

 

LEI

5493004SQ5E5Q6VRT472

 

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

Unlisted Option exercisable at $1.031 expiring 24 January 2022

 

Identification code

AU000000DNK9

b)

 

Nature of the transaction

 

Issue of unlisted options

 

c)

 

Price(s) and volume(s)

 

Price(s)

Volume(s)

Nil

823,772

 

d)

Aggregated information

- Aggregated volume

- Price

- Total

 

 

N/A

e)

 

Date of the transaction

 

27 February 2019

f)

 

Place of the transaction

 

Outside a trading venue

 

 

 

For more information, please contact:

 

Danakali

 

Seamus Cornelius

Executive Chairman

+61 8 6189 8635

William Sandover

Head of Corporate Development & External Affairs

+61 499 776 998

 

Corporate Broker - Numis Securities

 

UK IR/PR - Instinctif Partners

John Prior / Matthew Hasson / James Black /

Paul Gillam

+44 (0)20 7260 1000

David Simonson / George Yeomans /

Sarah Hourahane

danakali@instinctif.com

+44 (0)207 457 2020

 

- - - ENDS - - -

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.
 
END
 
 
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