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NEWS RELEASE I 5 AUGUST 2026
Notification of Transaction by a Person Discharging Managerial Responsibilities
Sovereign Metals Limited (ASX:SVM; AIM:SVML; OTCQX:SVMLF) (Sovereign or the Company) advises that it has been notified that, on Mr Ben Stoikovich, Director, completed an agency transfer of 1,500,000 ordinary shares held in Sovereign (via his nominee) to his Self-Invested Personal Pension (SIPP) account in which he retains the beneficial interest.
The transactions were undertaken solely to transfer the ordinary shares between accounts. Following completion of the transaction, Mr Stoikovich's ultimate beneficial ownership remains unchanged.
Further details are set out in the notification below in accordance with Article 19 of the UK Market Abuse Regulation.
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Enquiries |
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Frank Eagar, Managing Director & CEO South Africa / Malawi +27 21 140 3190
Sapan Ghai, CCO London +44 207 478 3900 |
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Nominated Adviser on AIM and Joint Broker |
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SP Angel Corporate Finance LLP |
+44 20 3470 0470 |
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Ewan Leggat Charlie Bouverat |
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Joint Broker |
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Stifel |
+44 20 7710 7600 |
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Varun Talwar |
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Ashton Clanfield |
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Notification and public disclosure of transactions by persons discharging managerial responsibilities and persons closely associated with them
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1 - Details of the person discharging managerial responsibilities / person closely associated |
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Name of natural person or Legal Person |
Mr Benjamin Rade Stoikovich |
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2 - Reason for the notification |
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Position/status |
Director |
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Initial notification / Amendment |
Initial |
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3 - Details of the Issuer mission allowance market participant, auction platform, auctioneer or auction monitor |
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Name of the Issuer
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Sovereign Metals Limited |
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LEI |
213800NSPXSASTENFQ34 |
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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; (iv) each place where transactions have been conducted. |
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Description of the financial instrument, type of instrument |
Ordinary fully paid shares (of no par value) |
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Identification Code |
AU000000SVM6 |
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Nature of the transaction |
Bed and SIPP Agency transfer cross of ordinary shares from the PDMR's nominee (indirect holding) shareholding to the PDMR's SIPP. The transaction was undertaken to transfer the shares between accounts and did not result in any change to the PDMR's ultimate beneficial ownership. |
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Currency |
GBP |
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Price(s) and volume(s) |
Price |
Volume |
Total |
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0.28 |
1,500,000 |
420,000 |
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Aggregated information |
Not applicable - single cross transaction |
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Date of Transaction |
31 July 2026 |
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Place of Transaction |
London Stock Exchange (AIM) |
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Sovereign Metals Limited announced on August 5, 2026, that Director Mr Ben Stoikovich completed an agency transfer of 1,500,000 ordinary shares on July 31, 2026. These shares were transferred from his nominee holding to his Self-Invested Personal Pension (SIPP) account on the London Stock Exchange (AIM) at a price of 0.28 GBP per share, totalling 420,000 GBP. The company stated this transaction did not alter his ultimate beneficial ownership.
| Date | 5 Aug 2026 |
| Time | 15:30:00 |
| Category | Director/PDMR dealings |
| ID | 3935P |