Danakali Limited Notification of PDMR and PCA transactions (7529X)
06 Mayo 2021 - 1:00AM
UK Regulatory
TIDMDNK
RNS Number : 7529X
Danakali Limited
06 May 2021
Announcement Thursday, 6 May 2021
============= =====================
Notification of PDMR and PCA transactions
Danakali Limited (ASX: DNK / LSE: DNK) (Danakali, or the
Company) refers to its announcement dated 29 April 2021 and
provides an update with regards to the Director Placement Shares
and Other PDMR/PCA Shares referred to therein.
The Company has received notification from persons discharging
managerial responsibilities (PDMR) and persons closely associated
(PCA) with a PDMR with respect to the unconditional subscription
for 269,768 shares (being the Other PDMR/PCA Shares) and the
conditional subscription for 1,080,000 shares (conditional on
receipt of shareholder approval) (being the Director Placement
Shares).
The relevant notifications set out below are provided in
accordance with the requirements of Article 19 of the EU Market
Abuse Regulation.
1 Details of the person discharging managerial responsibilities
/ person closely associated
a) Name Seamus Ian Cornelius
-------------------------- --------------------------------------------
2 Reason for the notification
------------------------------------------------------------------------
a) Position/status PDMR (Executive Chairman)
-------------------------- --------------------------------------------
b) Initial notification Initial notification
/Amendment
-------------------------- --------------------------------------------
3 Details of the issuer, emission allowance market participant,
auction platform, auctioneer or auction monitor
------------------------------------------------------------------------
a) Name Danakali Limited
-------------------------- --------------------------------------------
b) LEI 5493004SQ5E5Q6VRT472
-------------------------- --------------------------------------------
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
------------------------------------------------------------------------
a) Description of the Fully paid ordinary shares
financial instrument,
type of instrument
Identification code AU000000DNK9
b) Nature of the transaction Subscription for shares, the issue of which
is conditional on receipt of shareholder
approval
-------------------------- --------------------------------------------
c) Price(s) and volume(s) Price(s) Volume(s)
$0.43 1,000,000
----------
-------------------------- --------------------------------------------
d) Aggregated information
* Aggregated volume N/A
* Price
* Total
-------------------------- --------------------------------------------
e) Date of the transaction 4 May 2021
-------------------------- --------------------------------------------
f) Place of the transaction Outside a trading venue
-------------------------- --------------------------------------------
1 Details of the person discharging managerial responsibilities
/ person closely associated
a) Name Neil Gregson
-------------------------- --------------------------------------------
2 Reason for the notification
------------------------------------------------------------------------
a) Position/status PDMR (Non-Executive Director)
-------------------------- --------------------------------------------
b) Initial notification Initial notification
/Amendment
-------------------------- --------------------------------------------
3 Details of the issuer, emission allowance market participant,
auction platform, auctioneer or auction monitor
------------------------------------------------------------------------
a) Name Danakali Limited
-------------------------- --------------------------------------------
b) LEI 5493004SQ5E5Q6VRT472
-------------------------- --------------------------------------------
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
------------------------------------------------------------------------
a) Description of the Fully paid ordinary shares
financial instrument,
type of instrument
Identification code AU000000DNK9
b) Nature of the transaction Subscription for shares, the issue of which
is conditional on receipt of shareholder
approval
-------------------------- --------------------------------------------
c) Price(s) and volume(s) Price(s) Volume(s)
$0.43 80,000
----------
-------------------------- --------------------------------------------
d) Aggregated information
* Aggregated volume N/A
* Price
* Total
-------------------------- --------------------------------------------
e) Date of the transaction 4 May 2021
-------------------------- --------------------------------------------
f) Place of the transaction Outside a trading venue
-------------------------- --------------------------------------------
1 Details of the person discharging managerial responsibilities
/ person closely associated
a) Name Stuart Tarrant
----------------------------- ----------------------------------
2 Reason for the notification
-----------------------------------------------------------------
a) Position/status PDMR (Chief Financial Officer)
----------------------------- ----------------------------------
b) Initial notification Initial notification
/Amendment
----------------------------- ----------------------------------
3 Details of the issuer, emission allowance market participant,
auction platform, auctioneer or auction monitor
-----------------------------------------------------------------
a) Name Danakali Limited
----------------------------- ----------------------------------
b) LEI 5493004SQ5E5Q6VRT472
----------------------------- ----------------------------------
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
-----------------------------------------------------------------
a) Description of the Fully paid ordinary shares
financial instrument,
type of instrument
Identification code AU000000DNK9
b) Nature of the transaction Subscription for shares
----------------------------- ----------------------------------
c) Price(s) and volume(s) Price(s) Volume(s)
$0.43 50,000
----------
----------------------------- ----------------------------------
d) Aggregated information
* Aggregated volume N/A
* Price
* Total
----------------------------- ----------------------------------
e) Date of the transaction 4 May 2021
----------------------------- ----------------------------------
f) Place of the transaction Outside a trading venue
----------------------------- ----------------------------------
1 Details of the person discharging managerial responsibilities
/ person closely associated
a) Name Rod McEachern
----------------------------- ----------------------------------
2 Reason for the notification
-----------------------------------------------------------------
a) Position/status PDMR (Chief Operating Officer)
----------------------------- ----------------------------------
b) Initial notification Initial notification
/Amendment
----------------------------- ----------------------------------
3 Details of the issuer, emission allowance market participant,
auction platform, auctioneer or auction monitor
-----------------------------------------------------------------
a) Name Danakali Limited
----------------------------- ----------------------------------
b) LEI 5493004SQ5E5Q6VRT472
----------------------------- ----------------------------------
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
-----------------------------------------------------------------
a) Description of the Fully paid ordinary shares
financial instrument,
type of instrument
Identification code AU000000DNK9
b) Nature of the transaction Subscription for shares
----------------------------- ----------------------------------
c) Price(s) and volume(s) Price(s) Volume(s)
$0.43 100,000
----------
----------------------------- ----------------------------------
d) Aggregated information
* Aggregated volume N/A
* Price
* Total
----------------------------- ----------------------------------
e) Date of the transaction 4 May 2021
----------------------------- ----------------------------------
f) Place of the transaction Outside a trading venue
----------------------------- ----------------------------------
1 Details of the person discharging managerial responsibilities
/ person closely associated
a) Name James McEachern
------------------------------- --------------------------------
2 Reason for the notification
-----------------------------------------------------------------
a) Position/status PCA of PDMR Rod McEachern
------------------------------- --------------------------------
b) Initial notification Initial notification
/Amendment
------------------------------- --------------------------------
3 Details of the issuer, emission allowance market participant,
auction platform, auctioneer or auction monitor
-----------------------------------------------------------------
a) Name Danakali Limited
------------------------------- --------------------------------
b) LEI 5493004SQ5E5Q6VRT472
------------------------------- --------------------------------
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
-----------------------------------------------------------------
a) Description of the Fully paid ordinary shares
financial instrument,
type of instrument
Identification code AU000000DNK9
b) Nature of the transaction Subscription for shares
------------------------------- --------------------------------
c) Price(s) and volume(s) Price(s) Volume(s)
$0.43 23,256
----------
------------------------------- --------------------------------
d) Aggregated information
* Aggregated volume N/A
* Price
* Total
------------------------------- --------------------------------
e) Date of the transaction 4 May 2021
------------------------------- --------------------------------
f) Place of the transaction Outside a trading venue
------------------------------- --------------------------------
1 Details of the person discharging managerial responsibilities
/ person closely associated
a) Name Bellatrix Corporate Pty Ltd
-------------------------- -----------------------------------------
2 Reason for the notification
---------------------------------------------------------------------
a) Position/status PCA of PDMRs Catherine Grant-Edwards and
Melissa Chapman
-------------------------- -----------------------------------------
b) Initial notification Initial notification
/Amendment
-------------------------- -----------------------------------------
3 Details of the issuer, emission allowance market participant,
auction platform, auctioneer or auction monitor
---------------------------------------------------------------------
a) Name Danakali Limited
-------------------------- -----------------------------------------
b) LEI 5493004SQ5E5Q6VRT472
-------------------------- -----------------------------------------
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
---------------------------------------------------------------------
a) Description of the Fully paid ordinary shares
financial instrument,
type of instrument
Identification code AU000000DNK9
b) Nature of the transaction Subscription for shares
-------------------------- -----------------------------------------
c) Price(s) and volume(s) Price(s) Volume(s)
$0.43 50,000
----------
-------------------------- -----------------------------------------
d) Aggregated information
* Aggregated volume N/A
* Price
* Total
-------------------------- -----------------------------------------
e) Date of the transaction 4 May 2021
-------------------------- -----------------------------------------
f) Place of the transaction Outside a trading venue
-------------------------- -----------------------------------------
1 Details of the person discharging managerial responsibilities
/ person closely associated
a) Name Antonino John Fogliani
------------------------------- --------------------------------
2 Reason for the notification
-----------------------------------------------------------------
a) Position/status PCA of PDMR Melissa Chapman
------------------------------- --------------------------------
b) Initial notification Initial notification
/Amendment
------------------------------- --------------------------------
3 Details of the issuer, emission allowance market participant,
auction platform, auctioneer or auction monitor
-----------------------------------------------------------------
a) Name Danakali Limited
------------------------------- --------------------------------
b) LEI 5493004SQ5E5Q6VRT472
------------------------------- --------------------------------
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
-----------------------------------------------------------------
a) Description of the Fully paid ordinary shares
financial instrument,
type of instrument
Identification code AU000000DNK9
b) Nature of the transaction Subscription for shares
------------------------------- --------------------------------
c) Price(s) and volume(s) Price(s) Volume(s)
$0.43 46,512
----------
------------------------------- --------------------------------
d) Aggregated information
* Aggregated volume N/A
* Price
* Total
------------------------------- --------------------------------
e) Date of the transaction 4 May 2021
------------------------------- --------------------------------
f) Place of the transaction Outside a trading venue
------------------------------- --------------------------------
For more information, please contact:
Danakali
Seamus Cornelius Mark Riseley
Executive Chairman Head of Corporate Development
+61 8 6266 8368 +61 8 6266 8368
Visit the Company's website: www.danakali.com
Follow Danakali on LinkedIn:
www.linkedin.com/company/danakali-limited
Subscribe to Danakali on YouTube:
www.youtube.com/channel/UChGKN4-M4lOvPKxs9b-IJvw
Announcement authorised for release by the Company Secretary of
Danakali.
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END
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May 06, 2021 02:00 ET (06:00 GMT)
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