Atlantic Lithium Limited (AIM:ALL, OTCQX:ALLIF, ASX:A11), the African-based miner, confirmed its chief geologist Len Kolff has received 3 million shares at a price of 30p each as part of an employee stock ownership plan (ESOP).
A person closely associated with Kolff will hold the £900,000 worth of shares when they are admitted at the end of the month and will bring Kolff’s stake in the company to just over 1%, making him the largest shareholder out of any director.