PDMR Shareholding

Kefi Gold and Copper PLC

24 July 2023

 

24 July 2023

KEFI Gold and Copper plc

("KEFI" or the "Company")

PDMR Shareholding

KEFI Gold and Copper plc (AIM: KEFI),the gold and copper exploration and development company with projects in the Federal Democratic Republic of Ethiopia and the Kingdom of Saudi Arabia, was notified on 21 July 2023 by Eddy Solbrandt, Chief Operating Officer of KEFI, that 74,911,715 Ordinary Shares of the 149,823,430 ordinary shares of 0.1 pence each ("Ordinary Shares") held by Winchcombe Ventures Limited have been transferred to his personal account at a price of 0.9 pence per share.  Mr Solbrandt has a one third beneficial interest in Winchcombe Ventures Limited with the balance being owned by parties who are not PDMR's of KEFI.  Following the transfer, Mr. Solbrandt's interest in the KEFI comprises 82,054,572 Ordinary Shares representing approximately 1.65% of the issued share capital of the Company.

Shareholder Warrants

In addition, 22,643,017 of the 45,286,034 shareholder warrants held by Winchcombe Ventures Limited will now be held by Mr Solbrandt in his own personal capacity.

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

1.	Details of the person discharging managerial responsibilities/person closely associated
(a)	Full name of person Dealing	Eckard (Eddy) Solbrandt
2.	Reason for notification
(a)	Position/status	Chief Operating Officer / PDMR
(b)	Initial notification/ Amendment	Initial notification
3.	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
(a)	Name of entity	KEFI Gold and Copper Plc
(b)	LEI	213800OO6ETVDGE3QY15
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	Ordinary shares of 0.1 pence
(b)	Identification code	GB00BD8GP619
(c)	Nature of the transaction	Transfer of shares previously held beneficially by an entity into his individual name.
(d)	Price(s) and volume(s)	Share Prices(s) Share Volume(s) Warrant Price Warrant Volume 0.9 pence 74,911,715 1.6 pence 22,643,017
(e)	Aggregated information: - Aggregated volume - Price	Single transaction as in 4(d) above Share Prices(s) Share Volume(s) Warrant Price Warrant Volume 0.9pence 74,911,715 1.6 pence 22,643,017
(f)	Date of transaction	20 July 2023
(g)	Place of transaction	Outside a trading venue

Enquiries

KEFI Gold and Copper plc
Harry Anagnostaras-Adams (Executive Chairman)	[phone]
John Leach (Finance Director)	[phone]
SP Angel Corporate Finance LLP (Nominated Adviser and Joint Broker)	[phone]
Jeff Keating, Adam Cowl
Tavira Financial Limited (Joint Broker)	[phone]
Oliver Stansfield, Jonathan Evans
IFC Advisory Ltd (Financial PR and IR)	[phone]
Tim Metcalfe, Florence Chandler

Further information can be viewed at https://www.kefi-goldandcopper.com

 

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