Atlantic Lithium Limited Corporate Update - Director / PDMR Shareholding (3347Y)
02 Enero 2024 - 1:00AM
UK Regulatory
TIDMALL
RNS Number : 3347Y
Atlantic Lithium Limited
02 January 2024
2 January 2024
Director/PDMR Dealings
The Board of Atlantic Lithium Limited (AIM: ALL, ASX: A11,
OTCQX: ALLIF, "Atlantic Lithium" or the "Company"), the
African-focused lithium exploration and development company
targeting to deliver Ghana's first lithium mine, wishes to advise
that certain Directors and persons discharging managerial
responsibilities ("PDMRs") of the Company, have purchased in the
market a total of 200,000 ordinary shares of no par value each
("Ordinary Shares") at an average price of A$0.395 (GBP0.2115),
equating to an aggregate value of A$79,000 (GBP42,313), as
follows:
Director / PDMR Role Number of Ordinary Shares Resultant number of Resultant percentage of
purchased Ordinary Shares issued share capital
beneficially held beneficially held
Mr Keith Muller
Chief Executive Officer 100,000 100,000 0.02%
---------------------------- ---------------------------- ---------------------------
Ms Amanda Harsas
Finance Director and
Company Secretary 100,000 4,400,000 0.70%
---------------------------- ---------------------------- ---------------------------
NOTIFICATION AND PUBLIC DISCLOSURE OF TRANSACTIONS BY PERSONS
DISCHARGING MANAGERIAL RESPONSIBILITIES AND PERSONS CLOSELY
ASSOCIATED WITH THEM:
PURCHASE OF ORDINARY SHARES
1. Details of the person discharging managerial responsibilities/person closely associated
a) Name: Keith Muller
-------------------------------------------------------- -------------------------------------------------------
2. Reason for the notification
-----------------------------------------------------------------------------------------------------------------
a) Position/status: Chief Executive Officer
-------------------------------------------------------- -------------------------------------------------------
b) Initial notification/Amendment: Initial notification
-------------------------------------------------------- -------------------------------------------------------
3. Details of the issuer, emission allowance market participant, auction platform, auctioneer
or auction monitor
-----------------------------------------------------------------------------------------------------------------
a) Name: Atlantic Lithium Limited
-------------------------------------------------------- -------------------------------------------------------
b) LEI: 213800H1JY3J7BB6BN06
-------------------------------------------------------- -------------------------------------------------------
4. 1. 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 Ordinary Shares of no par in the Company
instrument:
Identification code:
ISIN: AU0000237554
-------------------------------------------------------- -------------------------------------------------------
b) Nature of the transaction: Purchase of Ordinary Shares
-------------------------------------------------------- -------------------------------------------------------
c) Price(s) and volume(s): Price(s) Volume(s)
AUD0.40 100,000
----------
-------------------------------------------------------- -------------------------------------------------------
d) Aggregated information: Purchase of 100,000 Ordinary Shares at an average
price of GBP0.2142 (AUD0.40) per Ordinary
Share
-------------------------------------------------------- -------------------------------------------------------
e) Date of the transaction: 2 January 2024
-------------------------------------------------------- -------------------------------------------------------
f) Place of the transaction: ASX (A11)
-------------------------------------------------------- -------------------------------------------------------
PURCHASE OF ORDINARY SHARES
1. Details of the person discharging managerial responsibilities/person closely associated
a) Name: Amanda Harsas
-------------------------------------------------------- -------------------------------------------------------
2. Reason for the notification
-----------------------------------------------------------------------------------------------------------------
a) Position/status: Finance Director and Company Secretary
-------------------------------------------------------- -------------------------------------------------------
b) Initial notification/Amendment: Initial notification
-------------------------------------------------------- -------------------------------------------------------
3. Details of the issuer, emission allowance market participant, auction platform, auctioneer
or auction monitor
-----------------------------------------------------------------------------------------------------------------
a) Name: Atlantic Lithium Limited
-------------------------------------------------------- -------------------------------------------------------
b) LEI: 213800H1JY3J7BB6BN06
-------------------------------------------------------- -------------------------------------------------------
4. 1. 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 Ordinary Shares of no par in the Company
instrument:
Identification code:
ISIN: AU0000237554
-------------------------------------------------------- -------------------------------------------------------
b) Nature of the transaction: Purchase of Ordinary Shares
-------------------------------------------------------- -------------------------------------------------------
c) Price(s) and volume(s): Price(s) Volume(s)
AUD0.39 100,000
----------
-------------------------------------------------------- -------------------------------------------------------
d) Aggregated information: Purchase of 100,000 Ordinary Shares at an average
price of GBP0.2089 (AUD0.3900) per Ordinary
Share
-------------------------------------------------------- -------------------------------------------------------
e) Date of the transaction: 27 December 2023
-------------------------------------------------------- -------------------------------------------------------
f) Place of the transaction: ASX (A11)
-------------------------------------------------------- -------------------------------------------------------
Certain information contained in this announcement would have
been deemed inside information for the purposes of Article 7 of
Regulation (EU) No 596/2014 until the release of this
announcement.
For any further information, please contact:
Atlantic Lithium Limited
Neil Herbert (Executive Chairman)
Amanda Harsas (Finance Director and Company Secretary)
www.atlanticlithium.com.au
IR@atlanticlithium.com.au
Tel: +61 2 8072 0640
SP Angel Corporate Finance LLP Yellow Jersey PR Limited Canaccord Genuity Limited
Nominated Adviser Charles Goodwin Financial Adviser:
Jeff Keating Bessie Elliot Raj Khatri (UK) /
Charlie Bouverat atlantic@yellowjerseypr.com Duncan St John,
Tel: +44 (0)20 3470 0470 Tel: +44 (0)20 3004 9512 Christian Calabrese (Aust)
Corporate Broking:
James Asensio
Tel: +44 (0) 20 7523 4500
================================ ============================= ============================
Notes to Editors:
About Atlantic Lithium
www.atlanticlithium.com.au
Atlantic Lithium is an AIM and ASX-listed lithium company
advancing a portfolio of lithium projects in Ghana and Côte
d'Ivoire through to production.
The Company's flagship project, the Ewoyaa Project in Ghana, is
a significant lithium spodumene pegmatite discovery on track to
become Ghana's first lithium-producing mine.
The Definitive Feasibility Study for the Project indicates the
production of 3.6Mt of spodumene concentrate over a 12-year mine
life, making it one of the top 10 largest spodumene concentrate
mines in the world.
The Project, which was awarded a Mining Lease in October 2023,
is being developed under a funding agreement with Piedmont Lithium
Inc.
Atlantic Lithium holds 509km(2) and 774km(2) of tenure across
Ghana and Côte d'Ivoire respectively, comprising significantly
under-explored, highly prospective licences.
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END
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