4 Mar 2019 07:00
Announcement | Monday, 4 March 2019 |
Notification of PCA transaction
Danakali Limited (ASX: DNK / LSE: DNK) (Danakali, or the Company) announces that it has issued 823,772 unlisted options to a person closely associated (PCA) of a person discharging managerial responsibilities (PDMR).
The relevant notifications set out below are provided in accordance with the requirements of Article 19 of the EU Market Abuse Regulation.
1
| Details of the person discharging managerial responsibilities / person closely associated | |||||
a)
| Name | Redgate Beach Investments Pty Ltd | ||||
2
| Reason for the notification | |||||
a)
| Position/status
| PCA of PDMR William Sandover (Head of Corporate Development & External Affairs) | ||||
b)
| Initial notification /Amendment | Initial notification | ||||
3
| Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
| |||||
a)
| Name | Danakali Limited | ||||
b)
| LEI | 5493004SQ5E5Q6VRT472
| ||||
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 | Unlisted Option exercisable at $1.031 expiring 24 January 2022
| ||||
Identification code | AU000000DNK9 | |||||
b)
| Nature of the transaction
| Issue of unlisted options
| ||||
c)
| Price(s) and volume(s) |
| ||||
d) | Aggregated information - Aggregated volume - Price - Total
|
N/A | ||||
e)
| Date of the transaction
| 27 February 2019 | ||||
f)
| Place of the transaction
| Outside a trading venue | ||||
For more information, please contact:
Danakali |
|
Seamus Cornelius Executive Chairman +61 8 6189 8635 | William Sandover Head of Corporate Development & External Affairs +61 499 776 998 |
Corporate Broker - Numis Securities |
UK IR/PR - Instinctif Partners |
John Prior / Matthew Hasson / James Black / Paul Gillam +44 (0)20 7260 1000 | David Simonson / George Yeomans / Sarah Hourahane danakali@instinctif.com +44 (0)207 457 2020 |
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DNK.L (DNK)