The information contained within
this announcement is deemed to constitute inside information as
stipulated under the retained EU law version of the Market Abuse
Regulation (EU) No. 596/2014 (the "UK MAR") which is part of UK law
by virtue of the European Union (Withdrawal) Act 2018. The
information is disclosed in accordance with the Company's
obligations under Article 17 of the UK MAR. Upon the publication of
this announcement, this inside information is now considered to be
in the public domain.
19
December 2024
Technology Minerals Plc
("Technology Minerals" or the "Company")
Holdings
in the Company and Director/PDMR Shareholding
Technology Minerals Plc (LSE: TM1),
the UK's pioneering firm in establishing a circular economy for
battery metals, announces that Century Cobalt Limited ("CCL") has
sold an aggregate of 60,000,000 Ordinary Shares in the Company to
an institutional investor.
As a result, CCL now holds
294,821,213 ordinary shares, which comprises 21.2% of the Company's
issued share capital. CCL has informed the Company that the reason
for sale was to help enable it finance any future loans to the
Company, or its group or associated companies.
CCL is a company closely associated
with Alex Stanbury, CEO of Technology Minerals plc, who is a 23.47%
shareholder and Director of CCL, along with Lester Kemp, Director
of Technology Minerals plc, who holds 0.77% of the common stock of
CCL.
Enquiries:
|
Technology Minerals Plc
|
|
|
Robin Brundle, Executive
Chairman
Alexander Stanbury, Chief Executive
Officer
|
+44 (0)20 4582 3500
|
|
Oberon Investments Limited
|
|
|
Nick Lovering, Adam
Pollock
|
+44 (0)20 3179 0535
|
|
Gracechurch Group
|
|
|
Harry Chathli, Alexis Gore, Rebecca
Scott
|
+44 (0)20 4582 3500
|
Technology Minerals Plc
Technology Minerals is developing
the UK's first listed, sustainable circular economy for battery
metals, using cutting-edge technology to recycle, recover, and
re-use battery technologies for a renewable energy future.
Technology Minerals is focused on raw material exploration required
for Li-ion batteries, whilst solving the ecological issue of spent
Li-ion batteries, by recycling them for re-use by battery
manufacturers. Further information on Technology Minerals is
available at www.technologyminerals.co.uk.
NOTIFICATION OF TRANSACTIONS OF DIRECTORS, PERSONS DISCHARGING
MANAGERIAL RESPONSIBILITIES OR CONNECTED PERSONS
This notification is made in
accordance with the requirements of the Market Abuse
Regulation.
|
1
|
Details of the person discharging managerial responsibilities
/ person closely associated
|
|
a)
|
Name
|
Century Cobalt Limited
("CCL")
|
|
2
|
Reason for the notification
|
|
a)
|
Position/status
|
CCL is a person closely associated
with Alex Stanbury (Director of Technology Minerals Plc and
Director and 23.47% shareholder of CCL)
Lester Kemp (Director of Technology
Minerals Plc also holds 0.77% of the common stock of
CCL)
|
|
b)
|
Initial/Amendment
notification
|
Initial
|
|
3
|
Details of the issuer, emission allowance market participant,
auction platform, auctioneer or auction monitor
|
|
a)
|
Name
|
Technology Minerals Plc
|
|
b)
|
LEI
|
2138001U1U2XY5UYA479
|
|
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 £0.001
each
GB00BP094P47
|
|
b)
|
Nature of the transaction
|
Disposal of Ordinary shares in
Technology Minerals Plc by Century Cobalt Limited
|
|
c)
|
Price(s) and volume(s)
|
|
Price (GBP)
|
Volume
|
|
0.0025
|
60,000,000
|
|
|
d)
|
Aggregated information
- Aggregated
volume
-
Price
|
60,000,000
£0.0025
|
|
e)
|
Date of the transaction
|
18 December 2024
|
|
f)
|
Place of the transaction
|
London Stock Exchange
|
