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Notification of PDMR and PCA Transactions

14 Jun 2019 09:30

RNS Number : 3024C
Danakali Limited
14 June 2019
 

Announcement

Friday, 14 June 2019

 

Notification of PDMR and PCA transactions

 

Danakali Limited (ASX: DNK / LSE: DNK) (Danakali, or the Company) announces that it has issued 1,000,000 performance rights and 2,251,040 unlisted options to person discharging managerial responsibilities (PDMR) and persons closely associated with them (PCA).

 

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

Niels Wage

2

 

Reason for the notification

a)

 

Position/status

 

PDMR (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

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

(a) Performance Rights (Class 9)

(b) Unlisted Option exercisable at $1.114 expiring 30 May 2022

 

Identification code

AU000000DNK9

b)

 

Nature of the transaction

 

(a) Issue of performance rights

(b) Issue of unlisted options

 

 

c)

 

Price(s) and volume(s)

(a)

Price(s)

Volume(s)

Nil

1,000,000

 

 

 

 

(b)

Price(s)

Volume(s)

Nil

1,450,000

d)

Aggregated information

- Aggregated volume

- Price

- Total

 

 

N/A

e)

 

Date of the transaction

 

14 June 2019

f)

 

Place of the transaction

 

Outside a trading venue

 

 

1

 

Details of the person discharging managerial responsibilities / person closely associated

a)

 

Name

Jane Liebenberg

2

 

Reason for the notification

a)

 

Position/status

 

PCA of PDMR Andre Liebenberg (Non-Executive Director)

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 $0.912 expiring 11 May 2020

 

Identification code

AU000000DNK9

b)

 

Nature of the transaction

 

Issue of unlisted options

 

c)

 

Price(s) and volume(s)

 

Price(s)

Volume(s)

Nil

500,000

 

 

d)

Aggregated information

- Aggregated volume

- Price

- Total

 

 

N/A

e)

 

Date of the transaction

 

14 June 2019

f)

 

Place of the transaction

 

Outside a trading venue

 

 

1

 

Details of the person discharging managerial responsibilities / person closely associated

a)

 

Name

Seamus Ignatius Quan Cornelius

2

 

Reason for the notification

a)

 

Position/status

 

PCA of PDMR Seamus Ian Cornelius (Executive Chairman)

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

301,040

 

d)

Aggregated information

- Aggregated volume

- Price

- Total

 

N/A

e)

 

Date of the transaction

 

14 June 2019

f)

 

Place of the transaction

 

Outside a trading venue

 

 

For more information, please contact:

 

Danakali

 

Niels Wage

Chief Executive Officer

+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 / Sarah Hourahane /

Dinara Shikhametova

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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