Last checked at 24 Jul 2023 07:00
24 July 2023
KEFI Gold and Copper plc
("KEFI" or the "Company")
PDMR Shareholding
KEFI Gold and Copper plc (AIM: KEFI),the gold and copper exploration and development company with projects in the Federal Democratic Republic of Ethiopia and the Kingdom of Saudi Arabia, was notified on 21 July 2023 by Eddy Solbrandt, Chief Operating Officer of KEFI, that 74,911,715 Ordinary Shares of the 149,823,430 ordinary shares of 0.1 pence each ("Ordinary Shares") held by Winchcombe Ventures Limited have been transferred to his personal account at a price of 0.9 pence per share. Mr Solbrandt has a one third beneficial interest in Winchcombe Ventures Limited with the balance being owned by parties who are not PDMR's of KEFI. Following the transfer, Mr. Solbrandt's interest in the KEFI comprises 82,054,572 Ordinary Shares representing approximately 1.65% of the issued share capital of the Company.
Shareholder Warrants
In addition, 22,643,017 of the 45,286,034 shareholder warrants held by Winchcombe Ventures Limited will now be held by Mr Solbrandt in his own personal capacity.
Notification and public disclosure of transactions by persons discharging managerial responsibilities and persons closely associated with them:
1. | Details of the person discharging managerial responsibilities/person closely associated | |||||||||
(a) | Full name of person Dealing | Eckard (Eddy) Solbrandt | ||||||||
2. | Reason for notification | |||||||||
(a) | Position/status | Chief Operating Officer / PDMR
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(b) | Initial notification/ Amendment | Initial notification | ||||||||
3. | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | |||||||||
(a) | Name of entity | KEFI Gold and Copper Plc | ||||||||
(b) | LEI | 213800OO6ETVDGE3QY15 | ||||||||
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 0.1 pence | ||||||||
(b) | Identification code | GB00BD8GP619 | ||||||||
(c) | Nature of the transaction | Transfer of shares previously held beneficially by an entity into his individual name. | ||||||||
(d) | Price(s) and volume(s) |
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(e) | Aggregated information: - Aggregated volume - Price | Single transaction as in 4(d) above
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(f) | Date of transaction | 20 July 2023 | ||||||||
(g) | Place of transaction | Outside a trading venue | ||||||||
Enquiries
KEFI Gold and Copper plc | |
Harry Anagnostaras-Adams (Executive Chairman) | +357 994 57843 |
John Leach (Finance Director) | +357 992 08130 |
SP Angel Corporate Finance LLP (Nominated Adviser and Joint Broker) |
+44 (0) 20 3470 0470 |
Jeff Keating, Adam Cowl | |
Tavira Financial Limited (Joint Broker) |
+44 (0) 20 7100 5100 |
Oliver Stansfield, Jonathan Evans | |
IFC Advisory Ltd (Financial PR and IR) |
+44 (0) 20 3934 6630 |
Tim Metcalfe, Florence Chandler | |
Further information can be viewed at https://www.kefi-goldandcopper.com