AfriTin Mining Ltd (LON:ATM)

AfriTin Mining Ltd (LON:ATM)


Share Price
3.40 p
Change
-0.05 (-1.45 %)
Market Cap
£21.90 m
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AfriTin Mining Ltd RNS Release

Director/PDMR Shareholding


RNS Number : 8924J
AfriTin Mining Ltd
10 December 2018
 

AfriTin Mining Limited

("AfriTin" or the "Company")

Director/PDMR Shareholding

AfriTin Mining Limited (AIM:ATM), a mining company with a portfolio of near production tin assets in Namibia and South Africa, confirms that it has received notice that on 07 December 2018 Robert Sewell, Chief Financial Officer of the Company, purchased 307,000 Ordinary Shares at a price of 3.23p per Ordinary Share. This brings Robert's total holding in the Company to 1 287 387 Ordinary Shares representing 0.2% of the issued share capital of the Company and 0.2% of the total voting rights of the Company

 

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

Robert Sewell

2

Reason for the notification

a)

Position/status

Chief Financial Officer

b)

Initial notification/ Amendment

Initial notification

3

Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor

a)

Name

AfriTin Mining plc

b)

LEI

·      213800FKOXWBL6JBVH90

 

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 share

 

 

GG00BD95V148

b)

Nature of the transaction

Acquisition of shares

c)

Price(s) and volume(s)

Price(s)

Volume(s)

3.23p

307,000

d)

Aggregated information

-    Aggregated volume

-     Price

 

307,000

3.23p

e)

Date of the transaction

07 December 2018

f)

Place of the transaction

XLON, AIM

 

 

 

 

AfriTin Mining Limited

 

 

 

Anthony Viljoen, CEO

+27 (11) 268 6555

 

 

Nominated Adviser and Joint Broker

 

 

 

WH Ireland Limited

Katy Mitchell

James Sinclair-Ford

+44 (0) 207 220 1666 

 

 

Joint Broker

 

 

 

NOVUM Securities Limited

Jon Belliss

+44 (0)20 7399 9400

 

 

Financial PR (United Kingdom)

 

 

 

Tavistock

+44 (0) 207 920 3150

 

 

Jos Simson

Barney Hayward

 

 

  

Enquiries: [email protected]

 Notes to editors

AfriTin Mining's vision is to create a portfolio of world-class, conflict-free, tin producing assets and be the first pure tin company listed in London. The company's flagship asset is the Uis brownfield tin mine in Namibia, formerly the world's largest hard-rock tin mine. AfriTin is managed by a highly experienced board of directors and management team with a current two-fold strategy: fast track Uis brownfield tin mine in Namibia to commercial production in 2018 ramping up to 5,000 tonnes of concentrate, and consolidation of other quality African tin assets. The Company strives to capitalise on the solid supply/demand fundamentals of tin by developing a critical mass of tin resource inventory and achieving production in the near term and further scaling production by consolidating tin assets in Africa.

 


This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact [email protected] or visit www.rns.com.
 
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