12 Jun 2020 07:00
Announcement | Friday, 12 June 2020 |
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Notification of PCA transaction
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Danakali Limited (ASX: DNK / LSE: DNK) (Danakali, or the Company) announces that it has received notification of a share transaction from a person closely associated (PCA) with Non-Executive Chairman of the Company Mr Seamus Cornelius.
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The relevant notifications set out below are provided in accordance with the requirements of Article 19 of the EU Market Abuse Regulation.
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1 Â | Details of the person discharging managerial responsibilities / person closely associated | |||||
a) Â | Name | Sino West Assets Ltd | ||||
2 Â | Reason for the notification | |||||
a)  | Position/status  | PCA of PDMR Mr Seamus Cornelius (Non-Executive Chairman) | ||||
b) Â | Initial notification /Amendment | Initial notification | ||||
3  | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor   | |||||
a) Â | Name | Danakali Limited | ||||
b) Â | LEI | 5493004SQ5E5Q6VRT472 Â | ||||
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 | Fully paid ordinary shares  | ||||
Identification code | AU000000DNK9 | |||||
b)  | Nature of the transaction  | Acquisition of ordinary shares via an off market transfer   | ||||
c) Â | Price(s) and volume(s) |
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d) | Aggregated information - Aggregated volume - Price - Total | Â 2,989,728 A$0.4650 A$1,375,274.88 | ||||
e) Â | Date of the transaction | 11 June 2020 | ||||
f) | Place of the transaction  | Outside a trading venue |
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For more information, please contact:
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Danakali | Â |
Niels Wage Chief Executive Officer +61 8 6189 8635 | Mark Riseley Corporate Development Manager +61 8 6189 8635 |
 Corporate Broker - Numis Securities |  UK IR/PR - Instinctif Partners |
John Prior / James Black / Paul Gillam +44 (0)20 7260 1000 | Mark Garraway / Dinara Shikhametova / Sarah Hourahane danakali@instinctif.com +44 (0)207 457 2020 |
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Announcement authorised for release by the Company Secretary of Danakali.