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Pin to quick picksKavango Resources Regulatory News (KAV)

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Director/PDMR Shareholding

18 Jan 2023 12:24

RNS Number : 1557N
Kavango Resources PLC
18 January 2023
 

 

18 January 2023

KAVANGO RESOURCES PLC

("Kavango" or "the Company")

Director Dealings

The information below, set out in accordance with the requirements of the UK Market Abuse Regulation, provides detail on the transactions.

Peter Wynter Bee and Ben Turney are both Persons Discharging Managerial Responsibilities ("PDMRs") for the purposes of the Market Abuse Regulation ("MAR").

1 

Details of PDMR/person closely associated with them ("PCA") 

 

a) 

Name

Wynter Bee Resources Ltd

 

2 

Reason for the notification 

 

a)

 

Position/status

 

Wynter Bee Resources Ltd is a PCA of Peter F Wynter Bee, non-executive director, who holds an interest in 25% of the PCA

Sarah J Wynter Bee, wife and PCA of Peter Wynter Bee, also holds an interest in 25% of Wynter Bee Resources Ltd

 

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

 

Identification code

ISIN: GB00BF0VMV24

 

b) 

Nature of the transaction 

Acquisition of shares

 

c)

 

Price(s) and volume(s)

Price(s) GBPX

Volume(s)

1.6p

2,000,000

d)

 

Aggregated information

-Aggregated Volume

-Price

 

N/A

 

e) 

Date of the transaction 

16 January 2023

 

f) 

Place of the transaction 

London Stock Exchange

 

 

1 

Details of PDMR/person closely associated with them ("PCA") 

 

a) 

Name 

Ben Turney

 

2 

Reason for the notification 

 

a)

 

Position/status

 

CEO

 

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

 

Identification code

ISIN: GB00BF0VMV24

 

b) 

Nature of the transaction 

"Bed and ISA" -

a) Sale of shares from nominee account

b) Repurchase into ISA

 

c)

 

Price(s) and volume(s)

Price(s) GBPX

Volume(s)

a) Sale 1.5p

b) Purchase 1.51p

1,566,600

1,566,600

d)

 

Aggregated information

-Aggregated Volume

-Price

 

N/A

 

e) 

Date of the transaction 

16 January 2023

 

f) 

Place of the transaction 

London Stock Exchange

 

 

For further information, please contact:

 

Kavango Resources Plc

Ben Turney

bturney@kavangoresources.com 

+46 7697 406 06

First Equity (Broker)

+44 207 374 2212

Jason Robertson

 

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END
 
 
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