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