25 Jun 2021 09:31
Announcement | Friday, 25 June 2021 |
Notification of PDMR transaction
Danakali Limited (ASX: DNK / LSE: DNK) (Danakali, or the Company) refers to its proposed issue of securities announcement dated 25 June 2021 regarding the issue of Executive Chairman Options (subject to receipt of shareholder approval).
The Company has received notification from persons discharging managerial responsibilities (PDMR) with respect to the conditional application for 2,000,000 unlisted options (conditional on receipt of shareholder approval) (being the Executive Chairman Options).
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 | Seamus Ian Cornelius | ||||
2
| Reason for the notification | |||||
a)
| Position/status
| PDMR (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 options with an exercise price of 143% of the closing Share price on the date that Shareholder approval is obtained, expiring 4 years from the date of Shareholder approval.
| ||||
Identification code | AU000000DNK9 | |||||
b)
| Nature of the transaction
| Conditional application for unlisted options, the issue of which is conditional on receipt of shareholder approval
| ||||
c)
| Price(s) and volume(s) |
| ||||
d) | Aggregated information - Aggregated volume - Price - Total |
N/A | ||||
e)
| Date of the transaction
| 25 June 2021 | ||||
f)
| Place of the transaction
| Outside a trading venue | ||||
For more information, please contact:
Danakali | |
Seamus Cornelius Executive Chairman +61 8 6266 8368 | Mark Riseley Head of Corporate Development +61 8 6266 8368 |
Visit the Company's website: www.danakali.com
Follow Danakali on LinkedIn: www.linkedin.com/company/danakali-limited
Subscribe to Danakali on YouTube: www.youtube.com/channel/UChGKN4-M4lOvPKxs9b-IJvw
Announcement authorised for release by the Company Secretary of Danakali.