PDMR Shareholding

Rainbow Rare Earths Limited

14 August 2026

 

14 August 2026

Rainbow Rare Earths Limited

("Rainbow" or "the Company")

LSE: RBW

PDMR Shareholding Notifications

Rainbow Rare Earths announces the following share trades by Directors and Persons Discharging Managerial Responsibility ('PDMR'):

·  Pipestone Capital Inc, beneficially owned by George Bennett, a Director of the Company, has sold 550,000 ordinary shares to settle the subscription price on the exercise of warrants.

·   Alex Lowire, a Director of the Company, has purchased 95,555 ordinary shares.

·   Pete Gardner (CFO), a PDMR of the Company, has effected a share transaction, transferring shares previously held into a SIPP and ISA.  The net effect of the transaction is a sale of 93 ordinary shares to cover the transaction costs.

Further disclosures as required for the notification of PDMRs are included in the Appendix to this announcement.

For further information, please contact:

Rainbow Rare Earths Ltd	Company IR	George Bennett Pete Gardner Elizabeth Johnson	[phone] [phone] [e-mail]
Tavistock Communications	PR/IR	Charles Vivian Eliza Logan	[phone] [e-mail]
BMO Capital Markets	Broker	Thomas Rider John Gale	[phone]
Berenberg	Broker	Matthew Armitt Jennifer Lee	[phone]

About Rainbow:

Rainbow Rare Earths aims to be one of the lowest cost suppliers of critical rare earth raw materials in the western world supply chain. Advancing two core projects, Phalaborwa in South Africa and Uberaba in Brazil in partnership with The Mosaic Company, Rainbow is one of the most advanced market participants pursuing secure, near-term and globally competitive upstream supply of rare earths products crucial for industrial, energy transition, and defence applications. 

With a unique project portfolio focused on the recovery of rare earth elements from phosphogypsum, a by-product of fertiliser production, Rainbow's projects avoid traditional mining and front-end processing stages. This represents a significant competitive advantage in bringing sustainable, long-life and low cost supply of rare earths to market.

More information is available at www.rainbowrareearths.com or by visiting the Rainbow Rare Earths Curation Showcase at: Curation Connect - Rainbow Rare Earths Showcase or https://app.curationconnect.com/company/Rainbow-Rare-Earths-90903

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	George Bennett
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	Rainbow Rare Earths Limited
b)	LEI	213800HONYSAXTG6KS11
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 no par value GG00BD59ZW98
b)	Nature of the transaction	Sale of ordinary shares by Pipestone Capital Inc, beneficially owned by George Bennett
c)	Price(s) and volume(s)	Price(s) Volume(s) £0.205 550,000
d)	Aggregated information Aggregated volume -      Price	550,000 £112,750.00
e)	Date of the transaction	13 August 2026 Note: the Company is not considered in a close period at the time of this transaction.
f)	Place of the transaction	London Stock Exchange

1	Details of the person discharging managerial responsibilities/person closely associated
a)	Name	Alex Lowrie
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	Rainbow Rare Earths Limited
b)	LEI	213800HONYSAXTG6KS11
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 no par value GG00BD59ZW98
b)	Nature of the transaction	Purchase of ordinary shares
c)	Price(s) and volume(s)	Price(s) Volume(s) £0.25 95,555
d)	Aggregated information Aggregated volume -      Price	95,555 £23,888.75
e)	Date of the transaction	13 August 2026 Note: the Company is not considered in a close period at the time of this transaction.
f)	Place of the transaction	London Stock Exchange

1	Details of the person discharging managerial responsibilities/person closely associated
a)	Name	Pete Gardner
2	Reason for the notification
a)	Position/status	Chief Financial Officer
b)	Initial notification/ Amendment	Initial Notification
3	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)	Name	Rainbow Rare Earths Limited
b)	LEI	213800HONYSAXTG6KS11
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 no par value GG00BD59ZW98
b)	Nature of the transaction	Transfer of shares into SIPP and ISA
c)	Price(s) and volume(s)	Price(s) Volume(s) £0.2175 219,770 - disposed £0.2175 219,677 - purchased
d)	Aggregated information Aggregated volume -      Price	Net sale of 93 shares £20.23
e)	Date of the transaction	12 August 2026 Note: the Company is not considered in a close period at the time of this transaction.
f)	Place of the transaction	London Stock Exchange

 

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