Director / PDMR Shareholding

RNS Number : 1100P
Neometals Ltd
16 June 2022
 

 

16 June 2022

Neometals Ltd

("Neometals" or "the Company")

 

Director / PDMR Shareholding

 

Innovative project development company, Neometals Ltd (ASX: NMT) ("Neometals" or "the Company"), advises that it has been notified that certain Directors of the Company have acquired Ordinary Shares on the market:

 

Director

Position

New Ordinary Shares Acquired

Shareholding Following Admission

% Shareholding Following Admission

Christopher Reed

Managing Director & CEO

100,000

6,882,172

1.26%

Natalia Streltsova

Non-Executive Director

20,000

224,819

0.04%

Dr Jennifer Purdie

Non-Executive Director

31,700

330,072

0.06%

 

 

Authorised on behalf of Neometals by Rachel Rees, Company Secretary

 

ENDS

 

For more information, please contact:

 

Neometals Ltd


Chris Reed, Managing Director & Chief Executive Officer

 +61 8 9322 1182

Jeremy McManus, General Manager - Commercial & Investor Relations

 +61 8 9322 1182

 

Cenkos Securities plc - NOMAD & Broker


Neil McDonald

+44 (0)131 220 9771

Peter Lynch

+44 (0)131 220 9772

Adam Rae

+44 (0)131 220 9778



Camarco PR

+ 44(0) 20 3 757 4980

Gordon Poole


James Crothers


Charlotte Hollinshead


 

About Neometals

 

Neometals' focus is the continuous development and innovative commercialisation of our proprietary technologies to achieve our Purpose in collaboration with strong global partners.


Neometals believes that the demand for environmentally and ethically sourced battery materials will continue to grow with energy storage being the key enabler for the energy transition. Decarbonisation, sustainability and resilient supply chains are the key challenges for the energy storage and electric vehicle supply chain. Our technologies, particularly those in battery materials recycling and recovery, reduce reliance on traditional mining and processing, and support circular economic principles.

Neometals has three core battery materials businesses commercialising proprietary, low-cost, low-carbon process technologies:

· Lithium-ion Battery Recycling (50% equity)- to produce nickel, cobalt and lithium from production scrap and end-of-life lithium-ion batteries in an incorporated JV with leading global plant builder SMS group. The Primobius JV will soon commence operation of a 10tpd operation in Germany and has been selected as technology partner by Mercedes Benz. Investment decision for its first 50tpd operation with Stelco in Canada is expected SepQ 2022;

 

· Vanadium Recovery (earning 50% equity) - to produce high-purity vanadium pentoxide via processing of steelmaking by-product ("Slag"). Finalising evaluation studies on a 300,000tpa operation in Pori, Finland and potential joint venture with Critical Metals, underpinned by a 2Mt, 10-year Slag supply agreement with leading Scandinavian steelmaker SSAB. Investment decision expected end Dec 2022. MOU with H2Green Steel for up to 4Mt of Slag underpins a potential second, operation in Boden, Sweden; and

 

· Lithium Chemicals (earning 35% equity)- to produce lithium hydroxide from brine and/or hard rock feedstocks using our ELi® electrolysis process. Co-funding pilot plant and evaluation studies on a 25,000tpa operation in Estrarreja, Portugal towards a potential JV with technology co-owner Mineral Resources Ltd and Portugal's largest chemical producer Bondalti Chemicals S.A. Investment decision expected Dec 2023.

 

For further information visit www.neometals.com.au .

 

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)

Name

Christopher Reed

 

2.

Reason for the Notification

a)

Position/status

Managing Director & 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

Neometals Ltd

 

b)

LEI

254900WO0PDVL8V1PY78

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 no par value

Identification code

AU000000NMT1

b)

Nature of the Transaction

Purchase of ordinary shares

 

c)

Price(s) and volume(s)

100,000 Ordinary Shares at A$1.00 per share

 

d)

Aggregated information

Aggregated volume Price

A$100,000.00

e)

Date of the transaction

14 June 2022

 

f)

Place of the transaction

Australian Stock Exchange, ASX

 

 

1.

Details of the person discharging managerial responsibilities / person closely associated

a)

Name

Natalia Streltsova

 

2.

Reason for the Notification

a)

Position/status

Non-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

Neometals Ltd

 

b)

LEI

254900WO0PDVL8V1PY78

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 no par value

Identification code

AU000000NMT1

b)

Nature of the Transaction

Purchase of ordinary shares

 

c)

Price(s) and volume(s)

20,000 Ordinary Shares at A$1.00 per share

 

d)

Aggregated information

Aggregated volume Price

A$20,000.00

e)

Date of the transaction

14 June 2022

 

f)

Place of the transaction

Australian Stock Exchange, ASX

 

 

1.

Details of the person discharging managerial responsibilities / person closely associated

a)

Name

Dr Jennifer Purdie

 

2.

Reason for the Notification

a)

Position/status

Non-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

Neometals Ltd

 

b)

LEI

254900WO0PDVL8V1PY78

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 no par value

Identification code

AU000000NMT1

b)

Nature of the Transaction

Purchase of ordinary shares

 

c)

Price(s) and volume(s)

31,700 Ordinary Shares at A$0.945 per share

 

d)

Aggregated information

Aggregated volume Price

A$29,956.50

e)

Date of the transaction

15 June 2022

 

f)

Place of the transaction

Australian Stock Exchange, ASX

 

 

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
 
 
DSHUNUVRUSUNARR
UK 100

Latest directors dealings