Atlantic Lithium Limited Corporate Update - Director / PDMR Shareholding (1811Y)
29 Diciembre 2023 - 1:00AM
UK Regulatory
TIDMALL
RNS Number : 1811Y
Atlantic Lithium Limited
29 December 2023
29 December 2023
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 Executive Chairman Neil Herbert, as a Director and person
discharging managerial responsibilities ("PDMR") of the Company,
has purchased in the market a total of 173,913 ordinary shares of
no par value each ("Ordinary Shares"), equating to an aggregate
value of GBP37,513 (A$70,047), as follows:
Director / PDMR Role Number of Ordinary Shares Resultant number of Ordinary Resultant percentage of
purchased Shares beneficially held issued share capital
beneficially held
Mr Neil Herbert
Executive Chairman 173,913 7,973,305 1.3%
------------------------------ ------------------------------ ------------------------------
NOTIFICATION AND PUBLIC DISCLOSURE OF TRANSACTIONS BY PERSONS
DISCHARGING MANAGERIAL RESPONSIBILITIES AND PERSONS CLOSELY
ASSOCIATED WITH THEM:
TABLE 1 - PURCHASE OF ORDINARY SHARES
1. Details of the person discharging managerial responsibilities/person closely associated
a) Name: Neil Herbert
-------------------------------------------------------- -------------------------------------------------------
2. Reason for the notification
-----------------------------------------------------------------------------------------------------------------
a) Position/status: 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: 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)
GBP0.2157 173,913
----------
-------------------------------------------------------- -------------------------------------------------------
d) Aggregated information: Purchase of 173,913 Ordinary Shares at an average
price of AUD0.4027(GBP0.2157) per Ordinary
Share
-------------------------------------------------------- -------------------------------------------------------
e) Date of the transaction: 21 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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