Director/PDMR Shareholding

Summary by AI BETAClose X

Switch Metals plc announced that Chief Financial Officer Andrew Yeo sold 733,300 ordinary shares at 9 pence each and immediately repurchased the same number of shares for his ISA at 9.004 pence each on July 13, 2026. These transactions, conducted via a "Bed and ISA" arrangement on the London Stock Exchange, resulted in no change to Mr. Yeo's beneficial interest, which remains at 873,331 ordinary shares, representing 0.66% of the company's issued share capital. The total sale value was £65,997.00 and the total purchase value was £66,026.33.

Disclaimer*

Switch Metals PLC
13 July 2026
 

13 July 2026

Switch Metals plc

("Switch Metals" or the "Company")

 

Director/PDMR Shareholding

 

Switch Metals (AIM: SWT), the critical metals company focused on battery minerals and technology metals in Côte d'Ivoire, announces that it was notified on 13 July 2026 that Andrew Yeo, the Company's Chief Financial Officer, has, in order to transfer part of his shareholding in the Company into his individual savings account ("ISA"), sold 733,300 ordinary shares of £0.0085 each in the Company ("Ordinary Shares") and then purchased 733,300 Ordinary Shares in his ISA. The transactions took place on 13 July 2026 and further information is contained in the disclosure tables below.

 

Following the transactions, Mr Yeo's beneficial interest remains unchanged at 873,331 Ordinary Shares, representing 0.66% of the Company's issued share capital.

 

Details of the director dealing are set out in the table at the end of this announcement, which has been provided in accordance with the requirements of the UK Market Abuse Regulation.

 

For further information, please contact:

Switch Metals plc

Karl Akueson, CEO

Andy Yeo, CFO

 

Via IFC Advisory

Allenby Capital Limited (Nominated Adviser & Joint Broker) Corporate Finance: James Reeve / Nick Harriss

Sales: Kelly Gardiner / Lauren Wright/ Matt Butlin

 

+44 (0) 203 328 5656

OAK Securities (Lead Broker)

Jerry Keen, Head of Corporate Broking

Henry Clarke, Head of Sales

 

+44 (0) 203 973 3678

jerry.keen@oak-securities.com henry.clarke@oak-securities.com

 

IFC Advisory Limited (Financial PR and IR)

Tim Metcalfe / Florence Staton

 

switchmetals@investor-focus.co.uk

+44 (0) 203 934 6632

Winterflood Retail Access Platform

Sophia Bechev, Kaitlan Billings

WRAP@winterflood.com

+44(0) 20 3100 0214

 


 

About Switch Metals

Switch Metals plc, admitted to trading on AIM in April 2025, is a mining company focused on technology and battery minerals in Côte d'Ivoire, one of the most attractive mining jurisdictions in Africa. The Company is the largest acreage holder covering tantalum, lithium and other critical metals prospects in the country (and potentially in West Africa) today.

Its core assets include Issia (Ta + Nb), Bouaké (Ta + Nb + REE) and Tiassalé (Li) projects. Issia is the current focus for the Company as it exhibits potential for early cash flow through ethical tantalum production from shallow coltan placer deposits with significant scale-up potential (from both placers and hard rock pegmatites).

The Company is led by an experienced team with an in-country presence.

Director/PDMR UK MAR disclosures

The following notification, made in accordance with the requirements of the UK Market Abuse Regulation, gives further details.

 

   1. 

Details of the person discharging managerial responsibilities/person closely associated

(a) 

Full name of person Dealing

Andrew Robert Yeo

    2. 

Reason for notification

(b) 

Position/status

Director - CFO

(c) 

Initial notification/ Amendment

Initial notification

   3. 

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

(d) 

Name of entity

Switch Metals plc

(e) 

LEI

984500640D645EE3EC94

   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

Identification code

Ordinary shares of £0.0085 each in the Company

Identification code (ISIN) for Switch Metals Plc ordinary shares: GB00B01QGH57

(b) 

Nature of the transaction

Sale of 733,300 ordinary shares of £0.0085 each in the Company that were immediately repurchased by Andrew Yeo through a Bed and ISA arrangement.

 

(c) 

Price(s) and volume(s)

Transaction

Prices(s)

Volume(s)

Sale

 

9 pence

733,000

Purchase

9.004 pence

733,000

(d) 

Aggregated information:

- Aggregated volume

- Price

Aggregated Volume = 1,466,000

Aggregated sale price = £65,997.00

Aggregated purchase price = £66,026.33

 

(e) 

Date of transaction

13 July 2026

(f) 

Place of transaction

London Stock Exchange, XLON

 

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