PCA Dealings

Atlantic Lithium Limited
10 August 2023
 

10 August 2023

PCA 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 it has been notified that a person closely associated ("PCA") to Len Kolff, Head of Business Development & Chief Geologist, a Director and person discharging managerial responsibilities ("PDMR") of the Company, has purchased in the market a total of 150,000 ordinary shares of no par value each ("Ordinary Shares"), equating to an aggregate value of £26,702. Mr Kolff's resultant interest is now as follows:

Director / PDMR Role

Number of Ordinary Shares purchased

Resultant number of Ordinary Shares beneficially held

Resultant percentage of issued share capital beneficially held

Mr Len Kolff

Head of Business Development & Chief Geologist

150,000

3,180,852

0.52%

 

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:

Melisa Kolff van Oosterwijk

2.     

Reason for the notification

a)

Position/status:

PCA of Lennard Kolff van Oosterwijk - Head of Business Development & Chief Geologist

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 instrument:

Identification code:

Ordinary Shares of no par in the Company

ISIN: AU0000237554

b)

Nature of the transaction:

Purchase of Ordinary Shares

 

c)

Price(s) and volume(s):

 

 

 

 

Price(s)

Volume(s)

 

AUD0.345

 

AUD0.36

 

17.5 pence

 

29,250

 

20,750

 

100,000

 


d)

Aggregated information:

 

Purchase of 150,000 Ordinary Shares at an average price of 18 pence (AUD0.357) per Ordinary Share

 

e)

Date of the transaction:

09 & 10 August 2023

f)

Place of the transaction:

AIM Market (ALL), 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)

Internet with solid fill

www.atlanticlithium.com.au

Envelope with solid fill

Speaker phone with solid fill

Tel: +61 2 8072 0640


 

SP Angel Corporate Finance LLP

Nominated Adviser

Jeff Keating

Charlie Bouverat

Tel: +44 (0)20 3470 0470

Yellow Jersey PR Limited

Charles Goodwin

Bessie Elliot
atlantic@yellowjerseypr.com

Tel: +44 (0)20 3004 9512

 

Canaccord Genuity Limited

Company Broker

Raj Khatri / James Asensio

Harry Rees

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 Company signed a funding agreement with Piedmont Lithium Inc. towards the development of the Ewoyaa Project. Atlantic Lithium is currently advancing the Ewoyaa Project through feasibility studies and intends to be producing a spodumene concentrate via simple gravity only process flowsheet.

Atlantic Lithium holds 560km2 and 774km2 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
 
 
UK 100

Latest directors dealings