18 Jan 2023 12:24
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") |
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a) | Name | Wynter Bee Resources Ltd |
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2 | Reason for the notification |
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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 |
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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 |
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Identification code | ISIN: GB00BF0VMV24 |
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b) | Nature of the transaction | Acquisition of shares |
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c)
| Price(s) and volume(s) | |||||
Price(s) GBPX | Volume(s) | |||||
1.6p | 2,000,000 | |||||
d)
| Aggregated information -Aggregated Volume -Price |
N/A |
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e) | Date of the transaction | 16 January 2023 |
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f) | Place of the transaction | London Stock Exchange |
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1 | Details of PDMR/person closely associated with them ("PCA") |
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a) | Name | Ben Turney |
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2 | Reason for the notification |
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a)
| Position/status
| CEO |
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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 |
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Identification code | ISIN: GB00BF0VMV24 |
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b) | Nature of the transaction | "Bed and ISA" - a) Sale of shares from nominee account b) Repurchase into ISA |
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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 |
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e) | Date of the transaction | 16 January 2023 |
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f) | Place of the transaction | London Stock Exchange |
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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
Kavango Resources (KAV)