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Notification of PDMR transaction

7 May 2020 07:00

RNS Number : 1174M
Danakali Limited
07 May 2020
 

Announcement

Thursday, 7 May 2020

 

Notification of PDMR transaction

 

Danakali Limited (ASX: DNK / LSE: DNK) (Danakali, or the Company) announces that it has received notification of a share transaction from 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

Mr 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

Fully paid ordinary shares

 

Identification code

AU000000DNK9

b)

 

Nature of the transaction

 

Acquisition of ordinary shares on market

 

 

c)

 

Price(s) and volume(s)

Price(s)

Volume(s)

A$0.375

50,000

 

 

d)

Aggregated information

- Aggregated volume

- Price

- Total

 

50,000

A$0.375

A$18,750

 

e)

 

Date of the transaction

6 May 2020

f)

Place of the transaction

 

Australian Securities Exchange (ASX)

 

 

 

For more information, please contact:

 

Danakali

 

Niels Wage

Chief Executive Officer

+61 8 6189 8635

Todd Romaine

Chief Sustainability Officer

+1 (604) 365 5999

 

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

 

Announcement authorised for release by the Company Secretary of Danakali.

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
 
 
DSHUPUWWAUPUUBQ
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