Future Metals NL Director's Dealing (6554Z)
September 16 2022 - 1:00AM
UK Regulatory
TIDMFME
RNS Number : 6554Z
Future Metals NL
16 September 2022
16 September 2022
Future Metals NL
Director's Dealing
Future Metals NL ("Future Metals" or the "Company", ASX | AIM:
FME ) announces that Mr Jardee Kininmonth, CEO and Managing
Director of the Company, has subscribed for and been issued 188,605
new Ordinary Shares at a price of A$0.125 per Ordinary Share
pursuant to the Share Purchase Plan, made available to shareholders
and further details of which were announced on 17 August 2022 (the
"SPP Subscription").
In accordance with the terms of the Share Purchase Plan, Mr
Kininmonth shall in due course be issued 62,868 free attaching
options over Ordinary Shares, with an exercise price A$0.10 per
Ordinary Share and an expiry date of 11 June 2024 (the "Options"),
subject to securing the requisite shareholder approval.
Following the SPP Subscription, Mr Kininmonth is now interested
in 538,605 Ordinary Shares, representing approximately 0.13% of the
Company's issued share capital and 2,400,000 performance rights
(with various vesting targets and expiring on 31 January 2025)
under the Company's Performance Rights Plan.
Further details are provided in the below PDMR Notification
Form, made in accordance with Article 19 of the Market Abuse
Regulation (EU) 596/2014 as it forms part of domestic law by virtue
of the European Union (Withdrawal) Act 2018, as amended.
Unless otherwise defined herein, or the context otherwise
requires, capitalised terms used in this announcement carry the
same meanings as those ascribed to them in the Company's
announcement of 12 September 2022.
PDMR Notification Form :
1. Details of the person discharging managerial responsibilities
/ person closely associated
a) Name Jardee Kininmonth
--------------------------------- --------------------------------
2. Reason for the Notification
-------------------------------------------------------------------
a) Position/status Managing Director and CEO
--------------------------------- --------------------------------
b) Initial notification/amendment Initial notification
--------------------------------- --------------------------------
3. Details of the issuer, emission allowance market participant,
auction platform, auctioneer or auction monitor
-------------------------------------------------------------------
a) Name Future Metals NL
--------------------------------- --------------------------------
b) LEI 213800WZ1MNQPOAKNU50
--------------------------------- --------------------------------
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 Ordinary Shares of no par value
instrument, type of instrument
--------------------------------- --------------------------------
Identification code AU0000157745
--------------------------------- --------------------------------
b) Nature of the Transaction Purchase of new Ordinary Shares
--------------------------------- --------------------------------
c) Price(s) and volume(s) Price(s) Volume(s)
A$0.125 188,605
----------
--------------------------------- --------------------------------
d) Aggregated information N/A (Single transaction)
Aggregated volume Price
--------------------------------- --------------------------------
e) Date of the transaction 15 September 2022
--------------------------------- --------------------------------
f) Place of the transaction Outside of a trading venue
--------------------------------- --------------------------------
For further information, please contact :
Future Metals NL +61 8 9480 0414
Jardee Kininmonth info@future-metals.com.au
Strand Hanson Limited (Nominated
Adviser) +44 (0) 20 7409 3494
James Harris/James Bellman
W H Ireland Limited (UK Broker)
Harry Ansell/Katy Mitchell +44 (0) 207 220 1670
White Noise Communications (Australian
IR/PR)
Fiona Marshall +61 400 512 109
The information contained within this announcement is deemed by
the Company to constitute inside information as stipulated under
the Market Abuse Regulation (EU) No. 596/2014 as is forms part of
United Kingdom domestic law pursuant to the European Union
(Withdrawal) Act 2018, as amended.
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END
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