Atlantic Lithium Limited TR-1 Notification of Major Holdings (5905A)
23 Enero 2024 - 1:00AM
UK Regulatory
TIDMALL
RNS Number : 5905A
Atlantic Lithium Limited
23 January 2024
23 January 2024
TR-1 Notification of Major Holdings
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 the Company has received
the following two TR-1 notifications from major shareholders Assore
International Holdings Limited ("Assore") and Piedmont Lithium Inc.
("Piedmont").
The voting rights of Assore and Piedmont now sit at 28.4% and
5.2%, respectively, of the total issued capital of the Company.
Commenting, Neil Herbert, Executive Chairman of Atlantic
Lithium, said :
"As the Company's largest shareholder, we believe that Assore's
purchase of Atlantic Lithium shares at a premium to the current
price, increasing their holding to 28.4%, reflects their belief in
the substantial value potential that, together with Piedmont, we
intend to unlock at the Ewoyaa Lithium Project."
TR-1: S tandard form for notification of major holdings
NOTIFICATION OF MAJOR HOLDINGS (to be sent to the relevant issuer and to the FCA in Microsoft
Word format if possible) (i)
1a. Identity of the issuer or the underlying Atlantic Lithium Limited
issuer of existing shares to which voting
rights
are attached (ii) :
-------------------------------------------------------------------
1b. Please indicate if the issuer is a non-UK issuer (please mark with an "X" if appropriate)
Non-UK issuer X
---------------------
2. Reason for the notification (please mark the appropriate box or boxes with an "X")
An acquisition or disposal of voting rights X
---------------------
An acquisition or disposal of financial instruments
---------------------
An event changing the breakdown of voting rights
---------------------
Other (please specify) (iii) :
---------------------
3. Details of person subject to the notification obligation (iv)
Name Assore International Holdings Limited
City and country of registered office (if Winchester, United Kingdom
applicable)
4. Full name of shareholder(s) (if different from 3.) (v)
Name
-------------------------------------------------------------------
City and country of registered office (if
applicable)
-------------------------------------------------------------------
5. Date on which the threshold was crossed
or reached (vi) : 19 / 01 / 2024
-------------------------------------------------------------------
6. Date on which issuer notified
(DD/MM/YYYY): 19 / 01 / 2024
-------------------------------------------------------------------
7. Total positions of person(s) subject to the notification obligation
% of voting rights % of voting rights Total of both in % Total number of
attached to shares through financial (8.A + 8.B) voting rights held
(total of 8. A) instruments in issuer (8.A +
(total of 8.B 1 + 8.B) (vii)
8.B 2)
--------------------- --------------------- --------------------- ---------------------
Resulting situation
on the date on which
threshold was
crossed or reached 28.40 28.40 179,025,852
--------------------- --------------------- --------------------- ---------------------
Position of previous
notification (if
applicable) 25.06 25.06
--------------------- --------------------- --------------------- ---------------------
8. Notified details of the resulting situation on the date on which the threshold was crossed
or reached (viii)
A: Voting rights attached to shares
Class/type of Number of voting rights (ix) % of voting rights
shares
ISIN code (if
possible)
Direct Indirect Direct Indirect
(DTR5.1) (DTR5.2.1) (DTR5.1) (DTR5.2.1)
---------------
AU0000237554 179,025,852 28.40
--------------- --------------- -------------------------------- ---------------
SUBTOTAL 8. A 179,025,852 28.40
-------------------------------- -------------------------------------------------
B 1: Financial Instruments according to DTR5.3.1R (1) (a)
Type of Expiration Exercise/ Number of voting rights that % of voting
financial date (x) Conversion may be acquired if the rights
instrument Period (xi) instrument is
exercised/converted.
--------------- --------------- -------------------------------- ---------------
SUBTOTAL 8. B
1
--------------- -------------------------------- ---------------
B 2: Financial Instruments with similar economic effect according to DTR5.3.1R (1) (b)
Type of Expiration Exercise/ Physical or Number of % of voting
financial date (x) Conversion cash voting rights rights
instrument Period (xi) Settlement
(xii)
---------------- --------------- --------------- ---------------
SUBTOTAL 8.B.2
--------------- ---------------
9. Information in relation to the person subject to the notification obligation (please mark
the
applicable box with an "X")
Person subject to the notification obligation is not controlled by any natural X
person or legal
entity and does not control any other undertaking(s) holding directly or indirectly
an interest
in the (underlying) issuer (xiii)
Full chain of controlled undertakings through which the voting rights and/or the
financial instruments are effectively held starting with the ultimate controlling
natural
person or legal entity (please add additional rows as necessary) (xiv)
Name (xv) % of voting rights if it equals % of voting Total of both if it equals or
or is higher than the rights through is higher than the notifiable
notifiable threshold financial threshold
instruments if
it equals or
is higher than
the notifiable
threshold
-------------------------------- --------------- --------------------------------
10. In case of proxy voting, please identify:
Name of the proxy holder
-------------------------------------------------
The number and % of voting rights held
-------------------------------------------------
The date until which the voting rights will be
held
-------------------------------------------------
11. Additional information (xvi)
Place of completion Johannesburg, South Africa
Date of completion 19 January 2024
---------------------------
TR-1: S tandard form for notification of major holdings
NOTIFICATION OF MAJOR HOLDINGS
1a. Identity of the issuer or the underlying Atlantic Lithium Limited
issuer of existing shares to which voting ISIN: AU0000237554
rights
are attached (ii) :
-------------------------------------------------------------------
1b. Please indicate if the issuer is a non-UK issuer (please mark with an "X" if appropriate)
Non-UK issuer X
---------------------
2. Reason for the notification (please mark the appropriate box or boxes with an "X")
An acquisition or disposal of voting rights X
---------------------
An acquisition or disposal of financial instruments
---------------------
An event changing the breakdown of voting rights
---------------------
Other (please specify) (iii) :
---------------------
3. Details of person subject to the notification obligation (iv)
Name Piedmont Lithium Ghana Holdings, LLC (formerly Piedmont Lithium
Ghana Holdings, Inc.)
City and country of registered office (if
applicable)
4. Full name of shareholder(s) (if different from 3.) (v)
Name
-------------------------------------------------------------------
City and country of registered office (if
applicable)
-------------------------------------------------------------------
5. Date on which the threshold was crossed 19 January 2024
or reached (vi) :
-------------------------------------------------------------------
6. Date on which issuer notified 19 January 2024
(DD/MM/YYYY):
-------------------------------------------------------------------
7. Total positions of person(s) subject to the notification obligation
% of voting rights % of voting rights Total of both in % Total number of
attached to shares through financial (8.A + 8.B) voting rights held
(total of 8. A) instruments in issuer (8.A +
(total of 8.B 1 + 8.B) (vii)
8.B 2)
--------------------- --------------------- --------------------- ---------------------
Resulting situation
on the date on which
threshold was
crossed or reached 5.2% 0% 5.2 32,705,064
--------------------- --------------------- --------------------- ---------------------
Position of previous
notification (if
applicable)
--------------------- --------------------- --------------------- ---------------------
8. Notified details of the resulting situation on the date on which the threshold was crossed
or reached (viii)
A: Voting rights attached to shares
Class/type of Number of voting rights (ix) % of voting rights
shares
ISIN code (if
possible)
Direct Indirect Direct Indirect
(DTR5.1) (DTR5.2.1) (DTR5.1) (DTR5.2.1)
-----------------
AU0000237554 32,705,064 0 5.2% 0
---------------- ----------------- ---------------------------------- -----------------
SUBTOTAL 8. A 32,705,064 5.2%
----------------------------------- -----------------------------------------------------
B 1: Financial Instruments according to DTR5.3.1R (1) (a)
Type of financial Expiration Exercise/ Number of voting rights that may % of voting
instrument date (x) Conversion be acquired if the instrument is rights
Period (xi) exercised/converted.
---------------- ----------------- ---------------------------------- -----------------
SUBTOTAL 8. B 1
----------------- ---------------------------------- -----------------
B 2: Financial Instruments with similar economic effect according to DTR5.3.1R (1) (b)
Type of Expiration Exercise/ Physical or Number of % of voting
financial date (x) Conversion cash voting rights rights
instrument Period (xi) Settlement
(xii)
----------------- ----------------- ---------------- ----------------
SUBTOTAL 8.B.2
---------------- ----------------
9. Information in relation to the person subject to the notification obligation (please mark
the
applicable box with an "X")
Person subject to the notification obligation is not controlled by any natural person
or legal
entity and does not control any other undertaking(s) holding directly or indirectly an
interest
in the (underlying) issuer (xiii)
Full chain of controlled undertakings through which the voting rights and/or the X
financial instruments are effectively held starting with the ultimate controlling
natural
person or legal entity (please add additional rows as necessary) (xiv)
Name (xv) % of voting rights if it % of voting rights through Total of both if it equals
equals or is higher than financial instruments if or is higher than the
the notifiable threshold it equals or is higher notifiable threshold
than the notifiable
threshold
--------------------------- --------------------------- ---------------------------
Piedmont Lithium Inc. 5.2% 5.2%
--------------------------- --------------------------- ---------------------------
Piedmont Lithium Ghana
Holdings, LLC 5.2% 5.2%
--------------------------- --------------------------- ---------------------------
10. In case of proxy voting, please identify:
Name of the proxy holder
--------------------------------------------------------
The number and % of voting rights held
--------------------------------------------------------
The date until which the voting rights will be held
--------------------------------------------------------
11. Additional information (xvi)
Place of completion U.S.A.
Date of completion 19 January 2024
----------------
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 Yellow Jersey PR Limited Canaccord Genuity Limited
LLP Charles Goodwin Financial Adviser:
Nominated Adviser Bessie Elliot Raj Khatri (UK) /
Jeff Keating atlantic@yellowjerseypr.com Duncan St John, Christian
Charlie Bouverat Tel: +44 (0)20 3004 Calabrese (Australia)
Tel: +44 (0)20 3470 9512
0470 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.
This information is provided by RNS, the news service of the
London Stock Exchange. RNS is approved by the Financial Conduct
Authority to act as a Primary Information Provider in the United
Kingdom. Terms and conditions relating to the use and distribution
of this information may apply. For further information, please
contact rns@lseg.com or visit www.rns.com.
RNS may use your IP address to confirm compliance with the terms
and conditions, to analyse how you engage with the information
contained in this communication, and to share such analysis on an
anonymised basis with others as part of our commercial services.
For further information about how RNS and the London Stock Exchange
use the personal data you provide us, please see our Privacy
Policy.
END
HOLEXLBLZFLZBBL
(END) Dow Jones Newswires
January 23, 2024 02:00 ET (07:00 GMT)
Atlantic Lithium (LSE:ALL)
Gráfica de Acción Histórica
De Abr 2024 a May 2024
Atlantic Lithium (LSE:ALL)
Gráfica de Acción Histórica
De May 2023 a May 2024
