TIDMZNWD

RNS Number : 6773V

Zinnwald Lithium PLC

06 April 2023

Zinnwald Lithium plc / EPIC: ZNWD.L / Market: AIM / Sector: Mining

6 April 2023

Zinnwald Lithium plc ("Zinnwald Lithium" or the "Company")

Director Dealings

Zinnwald Lithium plc, the German focused lithium development company, has been informed that, Anton du Plessis (CEO) and Cherif Rifaat (CFO), have transferred ordinary shares in Zinnwald Lithium plc (the "Ordinary Shares"), into ISA accounts.

Following the transfer, Anton du Plessis' beneficial interest in the share capital of the Company remains unchanged at 726,351 Ordinary Shares, equivalent to approximately 0.15% of the Company's total issued share capital.

Following the transfer, Cherif Rifaat's beneficial interest in the share capital of the Company remains unchanged at 795,046 Ordinary Shares, equivalent to approximately 0.17% of the Company's total issued share capital.

For further information visit www.zinnwaldlithium.com or contact:

 
 Anton du Plessis         Zinnwald Lithium        info@zinnwaldlithium.com 
  Cherif Rifaat            plc 
 David Hart               Allenby Capital 
  Dan Dearden-Williams     (Nominated Adviser)    +44 (0) 20 3328 5656 
                         ----------------------  -------------------------------- 
 Michael Seabrook         Oberon Capital Ltd 
  Adam Pollock             (Joint Broker)         +44 (0) 20 3179 5300 
                         ----------------------  -------------------------------- 
                          Tamesis Partner 
 Richard Greenfield        LLP 
  Charles Bendon           (Joint Broker)         +44 (0) 20 3882 2868 
                         ----------------------  -------------------------------- 
 Isabel de Salis          St Brides Partners      zinnwald@stbridespartners.co.uk 
  Paul Dulieu              (Financial PR) 
                         ----------------------  --------------------------------

Notes

AIM quoted Zinnwald Lithium plc (EPIC: ZNWD.L) is focussed on becoming an important supplier of lithium hydroxide to Europe's fast-growing battery sector. The Company owns 100% of the Zinnwald Lithium Project in Germany, which has an approved mining licence, is located in the heart of Europe's chemical and automotive industries and has the potential to be one of Europe's more advanced battery grade lithium projects.

 
      Details of the person discharging managerial responsibilities 
  1    / person closely associated 
 a)   Name                         Name               Position 
                                    Anton du Plessis   CEO 
                                                      --------- 
                                    Cherif Rifaat      CFO 
                                                      --------- 
     --------------------------  ------------------------------------------------- 
      Reason for the notification 
  2 
     ----------------------------------------------------------------------------- 
 a)   Position/status             See 1a) 
     --------------------------  ------------------------------------------------- 
 b)   Initial notification        Initial notification 
       /Amendment 
     --------------------------  ------------------------------------------------- 
      Details of the issuer, emission allowance market participant, 
  3    auction platform, auctioneer or auction monitor 
     ----------------------------------------------------------------------------- 
 a)   Name                        Zinnwald Lithium plc 
     --------------------------  ------------------------------------------------- 
 b)   LEI                         213800LXW3HPZ7ZSBE37 
     --------------------------  ------------------------------------------------- 
      Details of the transaction(s): section to be repeated 
  4    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          Ordinary Shares of GBP0.01 in the Company 
       financial instrument,       GB00BFN4GY99 
       type of instrument 
       Identification code 
     --------------------------  ------------------------------------------------- 
 b)   Nature of the transaction   Sale and repurchase of Ordinary Shares 
     --------------------------  ------------------------------------------------- 
 c)   Price(s) and volume(s)       Name                 Price(s)      Volume(s) 
       Shares Sold                  Anton du Plessis     GBP0.1075     185,500 
                                     Anton du Plessis     GBP0.1075     185,500 
                                    Cherif Rifaat        GBP0.1075     273,000 
                                     Cherif Rifaat        GBP0.1075     384,500 
                                                        ------------  ---------- 
 
       Shares Bought                Name                 Price(s)        Volume(s) 
                                    Anton du Plessis     GBP0.107565     185,500 
                                     Anton du Plessis     GBP0.107550     185,500 
                                    Cherif Rifaat        GBP0.107565     273,000 
                                     Cherif Rifaat        GBP0.107550     384,500 
                                                        --------------  ---------- 
     --------------------------  ------------------------------------------------- 
 d)   Aggregated information      N/A 
       - Aggregated volume 
       - Price 
     --------------------------  ------------------------------------------------- 
 e)   Date of the transaction     4 April 2023 to 6 April 2023 
     --------------------------  ------------------------------------------------- 
 f)   Place of the transaction    London Stock Exchange 
     --------------------------  -------------------------------------------------

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