9 Nov 2018 07:00
Friday, 9 November 2018 |
Notification of transaction by PDMR
Danakali Limited (ASX: DNK / LSE: DNK) (Danakali, or the Company) has received notification from a person discharging managerial responsibilities (PDMR) with respect to 216,364 fully paid ordinary shares issued by the Company on the exercise of unlisted options.
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 | Mr Seamus Ian Cornelius | ||||
2
| Reason for the notification | |||||
a)
| Position/status
| PDMR Executive Chairman | ||||
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 | Fully paid ordinary shares
| ||||
Identification code | AU000000DNK9 | |||||
b)
| Nature of the transaction
| Exercise of 750,000 unlisted options (exercise price: $0.55, expiring 4 November 2018) in accordance with the terms and conditions (as amended and approved by shareholders at the annual general meeting held 11 May 2018) using the Cashless Exercise mechanism.
| ||||
c)
| Price(s) and volume(s) |
| ||||
d)
| Aggregated information | |||||
- Aggregated volume | N/A | |||||
- Price
- Total | ||||||
e)
| Date of the transaction
| 7 November 2018 | ||||
f)
| Place of the transaction
| Outside a trading venue | ||||
For more information, please contact:
Danakali |
|
Seamus Cornelius Executive Chairman +61 8 6315 1444 | 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 |
- - - ENDS - - -
DNK.L (DNK)