7
November 2024
Neometals
Ltd
("Neometals" or "the
Company")
Director / PDMR
Shareholding
Sustainable process technology
developer, Neometals Ltd (ASX: NMT & AIM: NMT) (Neometals or the Company), advises that it has been
notified by Executive Director Jenny Purdie of dealings in the
ordinary shares of no par value in the Company ("Ordinary Shares"),
further details of which are set out below.
On 25 October 2024, persons closely
associated with Jenny Purdie, Executive Director, completed an off
market transfer of 121,567 Ordinary Shares at a price of
approximately A$0.097 per Ordinary Share. Following this
transaction, Ms Purdie's beneficial interest in Neometals remains
unchanged at 693,141 Ordinary Shares, representing approximately
0.09% of the issued share capital of the Company.
Authorised for release by the Board
of Neometals Ltd.
- ENDS
-
For more information, please
contact:
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Neometals Ltd
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Chris Reed, Managing Director &
Chief Executive Officer
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+61 8 9322 1182
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Chris Kelsall, CFO & Company
Secretary
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+61 8 9322 1182
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Cavendish Capital Markets Ltd - NOMAD &
Broker
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Neil McDonald
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+44 (0)131 220 9771
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Peter Lynch
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+44 (0)131 220 9772
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Adam Rae
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+44 (0)131 220 9778
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1.
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Details of the person discharging managerial responsibilities
/ person closely associated
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a)
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Name
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Jenny Purdie
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2.
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Reason for the Notification
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a)
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Position/status
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Executive Director
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b)
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Initial notification/amendment
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Initial notification
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|
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3.
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Details of the issuer, emission allowance market participant,
auction platform, auctioneer or auction monitor
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a)
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Name
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Neometals Ltd
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|
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b)
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LEI
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254900WO0PDVL8V1PY78
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4.
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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
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a)
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Description of the Financial instrument, type of
instrument
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Ordinary shares of no par value
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Identification code
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AU000000NMT1
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b)
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Nature of the Transaction
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Sale of Ordinary Shares
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c)
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Price(s) and volume(s)
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121,567 Ordinary Shares at A$0.097 per share
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d)
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Aggregated information
Aggregated volume Price
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N/A
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e)
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Date of the transaction
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25
October 2024
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f)
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Place of the transaction
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Off
Market
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1.
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Details of the person discharging managerial responsibilities
/ person closely associated
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a)
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Name
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MJS
Aylward Nominees Pty Ltd ATF the MJSA Superannuation
Fund
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2.
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Reason for the Notification
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a)
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Position/status
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A
person closely associated with Jenny Purdie, Executive
Director
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|
b)
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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
|
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c)
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Price(s) and volume(s)
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121,567 Ordinary Shares at A$0.097 per share
|
|
d)
|
Aggregated information
Aggregated volume Price
|
N/A
|
|
e)
|
Date of the transaction
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25
October 2024
|
|
f)
|
Place of the transaction
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Off
Market
|
About Neometals
Neometals facilitates sustainable
critical material supply chains and reduces the environmental
burden of traditional mining in the global transition to a circular
economy.
The Company is commercialising a
portfolio of sustainable processing solutions that recycle and
recover critical materials from high-value waste
streams.
· Neometals' core focus is its patented, Lithium-ion Battery ("LiB")
Recycling technology (50% NMT), being commercialised
in a 50:50 incorporated JV (Primobius GmbH) with 150-year-old
German plant builder, SMS group GmbH. Primobius is supplying
Mercedes-Benz a 2,500tpa recycling plant and operates its own LiB
Disposal Service in Germany. Primobius' first 21,000tpa commercial
plant will be offered to Stelco under an existing technology
licence for North America.
Neometals is developing two advanced
battery materials technologies for commercialisation under
low-risk, low-capex technology licensing business
models:
· Lithium Chemicals (70%
NMT) - Patented ELi™ electrolysis
process, co-owned 30% by Mineral Resources Ltd, to produce battery
quality lithium hydroxide from brine and/or hard-rock feedstocks at
lowest quartile operating costs. Pilot scale test work and
Engineering Cost Study update planned for completion in DecQ 2024;
and
· Vanadium
Recovery (100%
NMT) - Patent pending
hydrometallurgical process to produce high-purity vanadium
pentoxide from steelmaking by-product ("Slag") at lowest-quartile
operating cost and carbon footprint.
For further information, visit: www.neometals.com.au.
