Notification of PDMR/PCA Dealings

RNS Number : 5016I
Kavango Resources PLC
12 August 2021
 

12 August 2021

 

Kavango Resources PLC

 

("Kavango" or "Company")

 

Notification of PDMR/PCA Dealings

 

Kavango Resources plc (LSE:KAV), the exploration company targeting the discovery of world-class mineral deposits in Botswana, provides the following additional information in relation to the issue of Director Share Options for 5,500,000 New Ordinary Shares in the Company ("Director Share Options") on 11 August 2021.

 

Notification and public disclosure of transactions by persons discharging managerial responsibilities and persons closely associated with them.

 

Issue of Director Share Options

 

 

 1

 

Details of the person discharging managerial responsibilities / person closely associated

 

a)

 

Name

 

 

Benjamin Turney

2

 

Reason for the notification

 

a)

 

Position/status

 

 

Chief Executive Officer

b)

 

Initial notification /Amendment

 

 

Initial Notification

3

 

Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor

 

a)

 

Name

 

 

Kavango Resources plc

b)

 

LEI 

 

2138007PZJFATXWUTS29

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 financial instrument, type of instrument

Options over Ordinary shares of £0.001 each.

 

 

 

Identification code

 ISIN: GB00BF0VMV24

 

 

b)

 

Nature of the transaction

 

 

Issue of Options over ordinary shares of £0.001 each.

c)

 

Price(s) and volume(s)

 

 

 

 

 

 

Price(s)

Volume(s)

 

 

 

£0.075

4,500,000

 

 

 

 

 

 

d)

 

Aggregated information


 

 

- Aggregated volume

 N/A

 

 

- Price

 

 

 

e)

 

Date of the transaction

 

 

2021-08-10

f)

 

Place of the transaction

 

 

Outside a Trading Venue

 

 

 1

 

Details of the person discharging managerial responsibilities / person closely associated

 

a)

 

Name

 

 

Hillary Gumbo

2

 

Reason for the notification

 

a)

 

Position/status

 

 

Executive Director

b)

 

Initial notification /Amendment

 

 

Initial Notification

3

 

Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor

 

a)

 

Name

 

 

Kavango Resources plc

b)

 

LEI 

 

2138007PZJFATXWUTS29

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 financial instrument, type of instrument

Options over Ordinary shares of £0.001 each.

 

 

 

Identification code

 ISIN: GB00BF0VMV24

 

 

b)

 

Nature of the transaction

 

 

Issue of Options over ordinary shares of £0.001 each.

c)

 

Price(s) and volume(s)

 

 

 

 

 

 

Price(s)

Volume(s)

 

 

 

£0.075

1,000,000

 

 

 

 

 

 

d)

 

Aggregated information


 

 

- Aggregated volume

 N/A

 

 

- Price

 

 

 

e)

 

Date of the transaction

 

 

2021-08-10

f)

 

Place of the transaction

 

 

Outside a Trading Venue

 

-----------------------------------------------------------------------

 

Further information in respect of the Company and its business interests is provided on the Company's website at www.kavangoresources.com and on Twitter at #KAV.

 

For additional information please contact:

 

Kavango Resources plc   

 

Ben Turney

 

bturney@kavangoresources.com

 

+46 7697 406 06

 

First Equity (Joint Broker)

 

+44 207 374 2212

 

Jason Robertson 

 

SI Capital Limited (Joint Broker)   

 

+44 1483 413500

 

Nick Emerson

 

 

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