5 Oct 2022 13:48
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5 October 2022
KAVANGO RESOURCES PLC
("Kavango" or "the Company")
Director Dealings
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The Company announces that it was notified on 3 October 2022 that Ben Turney (CEO) and Brett Grist (COO), Directors / Persons Discharging Managerial Responsibility ('PDMRs') have each purchased in the region of Β£15,000 worth of the Company's Ordinary Shares of Β£0.001 each ("Ordinary Shares").
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The information below, set out in accordance with the requirements of the UK Market Abuse Regulation, provides further detail on the transactions.
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1 Β | Details of PDMR / person closely associated with them Β | Β | ||||
a) Β | Name Β | Ben Turney Β | Β | |||
2 Β | Reason for the notification Β | Β | ||||
a) Β | Position/status Β Β | Chief Executive Officer | Β | |||
b) Β | Initial notification /Amendment Β Β | Initial Notification | Β | |||
3 Β | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor Β | Β | ||||
a) Β | Name Β Β | Kavango Resources PLC | Β | |||
b) Β | LEI Β Β | 2138007PZJFATXWUTS29 | Β | |||
4 Β | 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 Β Β | Β | ||||
a) Β | Description of the financial instrument, type of instrument | Ordinary shares of Β£0.001 each | Β | |||
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Identification code | ISIN: GB00BF0VMV24 | Β | ||||
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b) Β | Nature of the transaction Β Β | Acquisition of shares via nominee dealing account. | Β | |||
c) Β | Price(s) and volume(s) | |||||
Price(s) GBPX | Volume(s) | |||||
1.70 1.70 1.6349 | 20,245 150,000 750,000 | |||||
d) Β | Aggregated information -Aggregated Volume -Price Β | Β 920,245 1.65 | Β | |||
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e) Β | Date of the transaction Β Β | 3 October 2022 | Β | |||
f) Β | Place of the transaction Β Β | London Stock Exchange (XLON) | Β | |||
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1 Β | Details of PDMR / person closely associated with them Β | Β | ||||
a) Β | Name Β | Brett Grist | Β | |||
2 Β | Reason for the notification Β | Β | ||||
a) Β | Position/status Β Β | Chief Operating Officer | Β | |||
b) Β | Initial notification /Amendment Β Β | Initial Notification | Β | |||
3 Β | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor Β | Β | ||||
a) Β | Name Β Β | Kavango Resources PLC | Β | |||
b) Β | LEI Β Β | 2138007PZJFATXWUTS29 | Β | |||
4 Β | 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 Β Β | Β | ||||
a) Β | Description of the financial instrument, type of instrument | Ordinary shares of Β£0.001 each | Β | |||
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Identification code | ISIN: GB00BF0VMV24 | Β | ||||
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b) Β | Nature of the transaction Β Β | Acquisition of shares via nominee dealing account. | Β | |||
c) Β | Price(s) and volume(s) | |||||
Price(s) GBPX | Volume(s) | |||||
1.63 | 920,245 | |||||
d) Β | Aggregated information -Aggregated Volume -Price Β | Β n/a - single transaction | Β | |||
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e) Β | Date of the transaction Β Β | 3 October 2022 | Β | |||
f) Β | Place of the transaction Β Β | London Stock Exchange (XLON) | Β | |||
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For further information, please contact:
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Kavango Resources Plc
Ben Turney
bturney@kavangoresources.comΒ
+46 7697 406 06
First Equity (Joint Broker)
+44 207 374 2212
Jason Robertson
SI Capital Limited (Joint Broker)
+44 1483 413500
Nick Emerson
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