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On 2 August 2024, Louise Adrian, a PDMR and Director of Altona Rare Earths PLC, transferred 3,313,274 ordinary shares. This was effected by the sale and immediate repurchase of the shares at £0.016 each to a self-invested personal pension account held in her name. Following this transfer, Louise Adrian's number and beneficial ownership of shares remained unchanged.
| Date | 2 Aug 2024 |
| Time | 11:30:32 |
| Category | Director/PDMR dealings |
| ID | 0140Z |
2 August 2024
ALTONA RARE EARTHS PLC
("Altona" or "the Company")
PDMR Dealing
Altona (LSE: REE), a resource exploration and development company focused on critical raw materials in Africa, announces that it has been notified that on 2 August 2024, PDMR, Louise Adrian, transferred 3,313,274 ordinary shares of 1 pence each in the Company ("Shares") held by herself to a self-invested personal pension accounts ("SIPP") held in her name at a price of £0.016.
The SIPP transfer was effected by the sale and immediate repurchase of the Shares. Following the SIPP transfer, the number and beneficial ownership of Shares held by Louise Adrian is unchanged.
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Altona Rare Earths Plc
Cédric Simonet, CEO +44 (0) 7778 866 108
Louise Adrian, CFO +44 (0) 7721 492 922
Novum Securities Ltd (Corporate Finance) +44 (0) 20 7399 9400
David Coffman
Daniel Harris
Allenby Capital Ltd (Joint Broker) +44 (0)20 3328 5656
Kelly Gardiner / Guy McDougall (Sales)
Nick Athanas (Corporate Finance)
Optiva Securities (Joint Broker) +44 (0) 20 3411 1882
Vishal Balasingham
Notification and public disclosure of transaction by person discharging managerial responsibilities
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1 |
Details of the person discharging managerial responsibilities/person closely associated |
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a. |
Name |
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1) Louise Adrian |
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2 |
Reason for notification |
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a. |
Position/Status |
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1) Director |
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b. |
Initial notification/ Amendment |
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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 |
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Altona Rare Earths Plc |
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b. |
LEI |
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2138002A5GU9BFS2I491 |
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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 |
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Ordinary shares of £0.01 ISIN Code: GB00BFZNKV91 |
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b. |
Nature of the transaction |
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Transfer effected by the sale and immediate repurchase of Shares with no change in beneficial ownership. |
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c. |
Price(s) and volume(s) |
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d. |
Aggregated information
- Aggregated Volume
- Price |
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e. |
Date of the transaction |
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2 August 2024 |
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f. |
Place of the transaction |
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London Stock Exchange |
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