First Tin PLC Director/PDMR dealing (4808Z)
May 16 2023 - 1:00AM
UK Regulatory
TIDM1SN
RNS Number : 4808Z
First Tin PLC
16 May 2023
16 May 2023
First Tin Plc
("First Tin" or "the Company")
Director/PDMR dealing
First Tin Plc ("First Tin"), a tin development company with
advanced, low capex projects in Germany and Australia, announces
that it has been notified that Mr. Thomas Buenger, Chief Executive
Officer at the Company, has purchased 500,000 shares in First Tin
at a price of 9 Euro cents per share on Monday 15 May 2023.
Following this transaction, Thomas Buenger holds a beneficial
interest in 4,010,400 Ordinary Shares representing 1.51 per cent of
the Company's issued share capital.
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: Thomas Buenger
------------------------------------------------ ----------------------------------------------------------------
2. Reason for the notification
------------------------------------------------------------------------------------------------------------------
a) Position/status: Chief Executive Officer
------------------------------------------------ ----------------------------------------------------------------
b) Initial notification/Amendment: Initial notification
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3. Details of the issuer, emission allowance market participant, auction platform, auctioneer
or auction monitor
------------------------------------------------------------------------------------------------------------------
a) Name: First Tin PLC
------------------------------------------------ ----------------------------------------------------------------
b) LEI: LEI: 984500CSA7TBE3FB7C63
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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 Ordinary shares of 0.1 pence each
instrument:
Identification code: GB00BNR45554
------------------------------------------------ ----------------------------------------------------------------
b) Nature of the transaction: Purchase of Ordinary Shares
------------------------------------------------ ----------------------------------------------------------------
c) Price(s) and volume(s): Price(s) Volume(s)
EUR 9 Euros cents 500,000
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d) Aggregated information: Single transaction as in 4 c) abovePrice(s) Volume(s)
Aggregated volume: EUR 9 Euros cents 500,000
Price:
----------------------------------------------------------------
e) Date of the transaction: 15.05.23
------------------------------------------------ ----------------------------------------------------------------
f) Place of the transaction: Frankfurt Stock Exchange
Enquiries:
First Tin Via SEC Newgate below
Thomas Buenger - Chief Executive
Officer
Arlington Group Asset Management
Limited (Financial Advisor
and Joint Broker)
Simon Catt 020 7389 5016
WH Ireland Limited (Joint
Broker)
Harry Ansell 020 7220 1670
SEC Newgate (Financial
Communications)
Elisabeth Cowell / Molly FirstTin@secnewgate.co.uk
Gretton
Notes to Editors
First Tin is an ethical, reliable, and sustainable tin
production company led by a team of renowned tin specialists. The
Company is focused on becoming a tin supplier in conflict-free, low
political risk jurisdictions through the rapid development of high
value, low capex tin assets in Germany and Australia.
Tin is a critical metal, vital in any plan to decarbonise and
electrify the world, yet Europe has very little supply. Rising
demand, together with shortages, is expected to lead tin to
experience sustained deficit markets for the foreseeable future.
Its assets have been de-risked significantly, with extensive work
undertaken to date.
First Tin's goal is to use best-in-class environmental standards
to bring two tin mines into production in three years, providing
provenance of supply to support the current global clean energy and
technological revolutions.
Tin is a critical metal, vital in any plan to decarbonise and
electrify the world, yet Europe has very little supply. Rising
demand, together with shortages, is expected to lead tin to
experience sustained deficit markets for the foreseeable future.
Its assets have been de-risked significantly, with extensive work
undertaken to date.
First Tin's goal is to use best-in-class environmental standards
to bring two tin mines into production in three years, providing
provenance of supply to support the current global clean energy and
technological revolutions.
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END
DSHQELFFXELEBBZ
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May 16, 2023 02:00 ET (06:00 GMT)
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