TIDMCMET

RNS Number : 0646O

Capital Metals PLC

05 February 2021

Capital Metals Plc

("CMET" or the "Company")

PDMR Dealing

Capital Metals plc (AIM: CMET), has been advised of the following Directors' Dealings in the ordinary shares of the Company on 4 February 2021 as a part of the Directors' internal restructuring of their holdings, which result in no change in their underlying beneficial interest in CMET.

Michael Frayne, Chief Executive of the Company, transferred 108,250 CMET ordinary shares representing 0.06 per cent. of the Company's issued ordinary share capital, from Adelise Services Ltd (a company in which Michael Frayne has a beneficial interest), to Chulu Holdings Pty Ltd ATF The Chulu Trust (a trust of which Michael Frayne is a beneficiary).

Anthony Samaha, Finance Director of the Company, transferred 8,333 CMET ordinary shares representing 0.004 per cent. of the Company's issued ordinary share capital, from San Tannos Pty Ltd (a company in which Anthony Samaha has a beneficial interest) to a direct holding.

 
 1    Details of the person discharging managerial responsibilities/person closely associated 
 a)   Name                                                          Michael Frayne 
     ------------------------------------------------------------  ------------------------------------------------- 
 2    Reason for the notification 
     --------------------------------------------------------------------------------------------------------------- 
 a)   Position/status                                               Chief Executive 
     ------------------------------------------------------------  ------------------------------------------------- 
 b)   Initial notification/Amendment                                Initial notification 
     ------------------------------------------------------------  ------------------------------------------------- 
 3    Details of the issuer, emission allowance market participant, auction platform, auctioneer 
       or auction monitor 
     --------------------------------------------------------------------------------------------------------------- 
 a)   Name                                                          Capital Metals plc 
     ------------------------------------------------------------  ------------------------------------------------- 
 b)   LEI                                                           213800RR4MW1ETEMS859 
     ------------------------------------------------------------  ------------------------------------------------- 
 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 0.2 pence per share par value 
 
       Identification code                                           GB00B2QBNL29 
     ------------------------------------------------------------  ------------------------------------------------- 
 b)   Nature of the transaction                                     Transfer of current shareholding 
     ------------------------------------------------------------  ------------------------------------------------- 
 c)   Price(s) and volume(s)                                         Price(s)    Volume(s) 
                                                                       n/a         108,250 
                                                                                  ---------- 
     ------------------------------------------------------------  ------------------------------------------------- 
 d)   Aggregated information-  Aggregated volume 
       -  Price                                                       As above 
                                                                      As above 
     ------------------------------------------------------------  ------------------------------------------------- 
 e)   Date of the transaction                                       4 February 2021 
     ------------------------------------------------------------  ------------------------------------------------- 
 f)   Place of the transaction                                      Outside of a trading platform 
     ------------------------------------------------------------  ------------------------------------------------- 
 
 
 1    Details of the person discharging managerial responsibilities/person closely associated 
 a)   Name                                                          Anthony Samaha 
     ------------------------------------------------------------  ------------------------------------------------- 
 2    Reason for the notification 
     --------------------------------------------------------------------------------------------------------------- 
 a)   Position/status                                               Finance Director 
     ------------------------------------------------------------  ------------------------------------------------- 
 b)   Initial notification/Amendment                                Initial notification 
     ------------------------------------------------------------  ------------------------------------------------- 
 3    Details of the issuer, emission allowance market participant, auction platform, auctioneer 
       or auction monitor 
     --------------------------------------------------------------------------------------------------------------- 
 a)   Name                                                          Capital Metals plc 
     ------------------------------------------------------------  ------------------------------------------------- 
 b)   LEI                                                           213800RR4MW1ETEMS859 
     ------------------------------------------------------------  ------------------------------------------------- 
 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 0.2 pence per share par value 
 
       Identification code                                           GB00B2QBNL29 
     ------------------------------------------------------------  ------------------------------------------------- 
 b)   Nature of the transaction                                     Transfer of current shareholding 
     ------------------------------------------------------------  ------------------------------------------------- 
 c)   Price(s) and volume(s)                                         Price(s)      Volume(s) 
                                                                       19.0 pence    8,333 
                                                                                    ---------- 
     ------------------------------------------------------------  ------------------------------------------------- 
 d)   Aggregated information-  Aggregated volume 
       -  Price                                                       As above 
                                                                      As above 
     ------------------------------------------------------------  ------------------------------------------------- 
 e)   Date of the transaction                                       4 February 2021 
     ------------------------------------------------------------  ------------------------------------------------- 
 f)   Place of the transaction                                      Outside of a trading platform 
     ------------------------------------------------------------  ------------------------------------------------- 
 

Michael Frayne's beneficial interest in CMET remains unchanged at 13,056,673 CMET ordinary shares, representing 7.58 per cent. of CMET's issued share capital.

Anthony Samaha's beneficial interest in CMET remains unchanged at 347,881 CMET ordinary shares, representing 0.20 per cent. of CMET's issued share capital.

THIS ANNOUNCEMENT CONTAINS INSIDE INFORMATION AS STIPULATED UNDER THE UK VERSION OF THE MARKET ABUSE REGULATION NO 596/2014 WHICH IS PART OF ENGLISH LAW BY VIRTUE OF THE EUROPEAN (WITHDRAWAL) ACT 2018, AS AMENDED. ON PUBLICATION OF THIS ANNOUNCEMENT VIA A REGULATORY INFORMATION SERVICE, THIS INFORMATION IS CONSIDERED TO BE IN THE PUBLIC DOMAIN.

**ENDS**

 
For further information, please contact: 
 
                                                      + 44 (0) 20 7317 
Capital Metals Plc                                     6800 
Michael Frayne (Chief Executive) 
 
 Brandon Hill Capital Limited (Broker)                  +44 (0) 20 3463 
 Jonathan Evans and Oliver Stansfield                   5000 
 
                                                      +44 (0) 203 368 
SPARK Advisory Partners Limited (Nominated Adviser)    3550 
Neil Baldwin 
 

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February 05, 2021 02:00 ET (07:00 GMT)