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Director/PDMR Shareholding

6 Jun 2024 08:34

RNS Number : 4050R
Neometals Ltd
06 June 2024
 

 

6 June 2024

Neometals Ltd

("Neometals" or "the Company")

 

Director / PDMR Shareholding

 

Sustainable process technology developer, Neometals Ltd (ASX: NMT & AIM: NMT) ("Neometals" or the "Company"), advises that it has been notified by Manging Director Christopher Reed of dealings in the ordinary shares of no par value in the Company ("Ordinary Shares"), further details of which are set out below. 

 

On 5 June 2024, Christopher Reed, through an indirect holding in Nickle Investments Pty Ltd completed an on-market purchase of 500,000 Ordinary Shares at a total cost of A$58,000 (11.6 cents per Ordinary Share). Following this transaction, Mr Reed's beneficial interest in Neometals increases to 10,136,079 Ordinary Shares, representing approximately 1.6% of the issued share capital of the Company.

 

For more information, please contact:

 

Neometals Ltd

Chris Reed, Managing Director & Chief Executive Officer

 +61 8 9322 1182

Jeremy McManus, General Manager - IP & IR

 +61 8 9322 1182

 

Cavendish Capital Markets Ltd - NOMAD & Broker

 

Neil McDonald

+44 (0)131 220 9771

Peter Lynch

+44 (0)131 220 9772

Adam Rae

+44 (0)131 220 9778

 

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)

Name

Chris Reed, in the name of Nickle Investments Pty Ltd

2.

Reason for the Notification

a)

Position/status

Managing Director / 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

Neometals Ltd

 

b)

LEI

254900WO0PDVL8V1PY78

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 no par value

Identification code

AU000000NMT1

b)

Nature of the Transaction

Purchase of Ordinary Shares

 

c)

Price(s) and volume(s)

500,000 Ordinary Shares at 11.6 cents per share

 

d)

Aggregated information

Aggregated volume Price

N/A

e)

Date of the transaction

5 June 2024

 

f)

Place of the transaction

On-Market

 

 

 

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