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 £15,000 worth of the Company's Ordinary Shares of £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  | Details of PDMR / person closely associated with them  |  | ||||
a)  | Name  | Ben Turney  |  | |||
2  | Reason for the notification  |  | ||||
a)  | Position/status   | 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   | Kavango Resources PLC |  | |||
b) Â | LEI Â Â | 2138007PZJFATXWUTS29 | Â | |||
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 | Â | ||||
 | ||||||
b)  | Nature of the transaction   | Acquisition of shares via nominee dealing account. |  | |||
c) Â | 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 |  | |||
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) Â | LEI Â Â | 2138007PZJFATXWUTS29 | Â | |||
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 | Â | ||||
 | ||||||
b)  | Nature of the transaction   | Acquisition of shares via nominee dealing account. |  | |||
c) Â | 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) |  | |||
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For further information, please contact:
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Kavango Resources Plc
Ben Turney
bturney@kavangoresources.comÂ
+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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