TIDMDNK

RNS Number : 7529X

Danakali Limited

06 May 2021

 
 Announcement   Thursday, 6 May 2021 
=============  ===================== 
 

Notification of PDMR and PCA transactions

Danakali Limited (ASX: DNK / LSE: DNK) (Danakali, or the Company) refers to its announcement dated 29 April 2021 and provides an update with regards to the Director Placement Shares and Other PDMR/PCA Shares referred to therein.

The Company has received notification from persons discharging managerial responsibilities (PDMR) and persons closely associated (PCA) with a PDMR with respect to the unconditional subscription for 269,768 shares (being the Other PDMR/PCA Shares) and the conditional subscription for 1,080,000 shares (conditional on receipt of shareholder approval) (being the Director Placement Shares).

The relevant notifications set out below are provided in accordance with the requirements of Article 19 of the EU Market Abuse Regulation.

 
 1    Details of the person discharging managerial responsibilities 
       / person closely associated 
 a)   Name                        Seamus Ian Cornelius 
     --------------------------  -------------------------------------------- 
 2    Reason for the notification 
     ------------------------------------------------------------------------ 
 a)   Position/status             PDMR (Executive Chairman) 
     --------------------------  -------------------------------------------- 
 b)   Initial notification        Initial notification 
       /Amendment 
     --------------------------  -------------------------------------------- 
 3    Details of the issuer, emission allowance market participant, 
       auction platform, auctioneer or auction monitor 
     ------------------------------------------------------------------------ 
 a)   Name                        Danakali Limited 
     --------------------------  -------------------------------------------- 
 b)   LEI                         5493004SQ5E5Q6VRT472 
     --------------------------  -------------------------------------------- 
 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          Fully paid ordinary shares 
       financial instrument, 
       type of instrument 
 
      Identification code         AU000000DNK9 
 
 b)   Nature of the transaction   Subscription for shares, the issue of which 
                                   is conditional on receipt of shareholder 
                                   approval 
     --------------------------  -------------------------------------------- 
 c)   Price(s) and volume(s)        Price(s)   Volume(s) 
                                     $0.43      1,000,000 
                                               ---------- 
     --------------------------  -------------------------------------------- 
 d)   Aggregated information 
        *    Aggregated volume      N/A 
 
 
        *    Price 
 
 
        *    Total 
     --------------------------  -------------------------------------------- 
 e)   Date of the transaction     4 May 2021 
     --------------------------  -------------------------------------------- 
 f)   Place of the transaction    Outside a trading venue 
     --------------------------  -------------------------------------------- 
 
 
 1    Details of the person discharging managerial responsibilities 
       / person closely associated 
 a)   Name                        Neil Gregson 
     --------------------------  -------------------------------------------- 
 2    Reason for the notification 
     ------------------------------------------------------------------------ 
 a)   Position/status             PDMR (Non-Executive Director) 
     --------------------------  -------------------------------------------- 
 b)   Initial notification        Initial notification 
       /Amendment 
     --------------------------  -------------------------------------------- 
 3    Details of the issuer, emission allowance market participant, 
       auction platform, auctioneer or auction monitor 
     ------------------------------------------------------------------------ 
 a)   Name                        Danakali Limited 
     --------------------------  -------------------------------------------- 
 b)   LEI                         5493004SQ5E5Q6VRT472 
     --------------------------  -------------------------------------------- 
 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          Fully paid ordinary shares 
       financial instrument, 
       type of instrument 
 
      Identification code         AU000000DNK9 
 
 b)   Nature of the transaction   Subscription for shares, the issue of which 
                                   is conditional on receipt of shareholder 
                                   approval 
     --------------------------  -------------------------------------------- 
 c)   Price(s) and volume(s)        Price(s)   Volume(s) 
                                     $0.43      80,000 
                                               ---------- 
     --------------------------  -------------------------------------------- 
 d)   Aggregated information 
        *    Aggregated volume      N/A 
 
 
        *    Price 
 
 
        *    Total 
     --------------------------  -------------------------------------------- 
 e)   Date of the transaction     4 May 2021 
     --------------------------  -------------------------------------------- 
 f)   Place of the transaction    Outside a trading venue 
     --------------------------  -------------------------------------------- 
 
 
 1    Details of the person discharging managerial responsibilities 
       / person closely associated 
 a)   Name                           Stuart Tarrant 
     -----------------------------  ---------------------------------- 
 2    Reason for the notification 
     ----------------------------------------------------------------- 
 a)   Position/status                PDMR (Chief Financial Officer) 
     -----------------------------  ---------------------------------- 
 b)   Initial notification           Initial notification 
       /Amendment 
     -----------------------------  ---------------------------------- 
 3    Details of the issuer, emission allowance market participant, 
       auction platform, auctioneer or auction monitor 
     ----------------------------------------------------------------- 
 a)   Name                           Danakali Limited 
     -----------------------------  ---------------------------------- 
 b)   LEI                            5493004SQ5E5Q6VRT472 
     -----------------------------  ---------------------------------- 
 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             Fully paid ordinary shares 
       financial instrument, 
       type of instrument 
 
      Identification code            AU000000DNK9 
 
 b)   Nature of the transaction      Subscription for shares 
     -----------------------------  ---------------------------------- 
 c)   Price(s) and volume(s)           Price(s)   Volume(s) 
                                        $0.43      50,000 
                                                  ---------- 
     -----------------------------  ---------------------------------- 
 d)   Aggregated information 
        *    Aggregated volume         N/A 
 
 
        *    Price 
 
 
        *    Total 
     -----------------------------  ---------------------------------- 
 e)   Date of the transaction        4 May 2021 
     -----------------------------  ---------------------------------- 
 f)   Place of the transaction       Outside a trading venue 
     -----------------------------  ---------------------------------- 
 
 
 1    Details of the person discharging managerial responsibilities 
       / person closely associated 
 a)   Name                           Rod McEachern 
     -----------------------------  ---------------------------------- 
 2    Reason for the notification 
     ----------------------------------------------------------------- 
 a)   Position/status                PDMR (Chief Operating Officer) 
     -----------------------------  ---------------------------------- 
 b)   Initial notification           Initial notification 
       /Amendment 
     -----------------------------  ---------------------------------- 
 3    Details of the issuer, emission allowance market participant, 
       auction platform, auctioneer or auction monitor 
     ----------------------------------------------------------------- 
 a)   Name                           Danakali Limited 
     -----------------------------  ---------------------------------- 
 b)   LEI                            5493004SQ5E5Q6VRT472 
     -----------------------------  ---------------------------------- 
 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             Fully paid ordinary shares 
       financial instrument, 
       type of instrument 
 
      Identification code            AU000000DNK9 
 
 b)   Nature of the transaction      Subscription for shares 
     -----------------------------  ---------------------------------- 
 c)   Price(s) and volume(s)           Price(s)   Volume(s) 
                                        $0.43      100,000 
                                                  ---------- 
     -----------------------------  ---------------------------------- 
 d)   Aggregated information 
        *    Aggregated volume         N/A 
 
 
        *    Price 
 
 
        *    Total 
     -----------------------------  ---------------------------------- 
 e)   Date of the transaction        4 May 2021 
     -----------------------------  ---------------------------------- 
 f)   Place of the transaction       Outside a trading venue 
     -----------------------------  ---------------------------------- 
 
 
 1    Details of the person discharging managerial responsibilities 
       / person closely associated 
 a)   Name                             James McEachern 
     -------------------------------  -------------------------------- 
 2    Reason for the notification 
     ----------------------------------------------------------------- 
 a)   Position/status                  PCA of PDMR Rod McEachern 
     -------------------------------  -------------------------------- 
 b)   Initial notification             Initial notification 
       /Amendment 
     -------------------------------  -------------------------------- 
 3    Details of the issuer, emission allowance market participant, 
       auction platform, auctioneer or auction monitor 
     ----------------------------------------------------------------- 
 a)   Name                             Danakali Limited 
     -------------------------------  -------------------------------- 
 b)   LEI                              5493004SQ5E5Q6VRT472 
     -------------------------------  -------------------------------- 
 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               Fully paid ordinary shares 
       financial instrument, 
       type of instrument 
 
      Identification code              AU000000DNK9 
 
 b)   Nature of the transaction        Subscription for shares 
     -------------------------------  -------------------------------- 
 c)   Price(s) and volume(s)             Price(s)   Volume(s) 
                                          $0.43      23,256 
                                                    ---------- 
     -------------------------------  -------------------------------- 
 d)   Aggregated information 
        *    Aggregated volume           N/A 
 
 
        *    Price 
 
 
        *    Total 
     -------------------------------  -------------------------------- 
 e)   Date of the transaction          4 May 2021 
     -------------------------------  -------------------------------- 
 f)   Place of the transaction         Outside a trading venue 
     -------------------------------  -------------------------------- 
 
 
 1    Details of the person discharging managerial responsibilities 
       / person closely associated 
 a)   Name                        Bellatrix Corporate Pty Ltd 
     --------------------------  ----------------------------------------- 
 2    Reason for the notification 
     --------------------------------------------------------------------- 
 a)   Position/status             PCA of PDMRs Catherine Grant-Edwards and 
                                   Melissa Chapman 
     --------------------------  ----------------------------------------- 
 b)   Initial notification        Initial notification 
       /Amendment 
     --------------------------  ----------------------------------------- 
 3    Details of the issuer, emission allowance market participant, 
       auction platform, auctioneer or auction monitor 
     --------------------------------------------------------------------- 
 a)   Name                        Danakali Limited 
     --------------------------  ----------------------------------------- 
 b)   LEI                         5493004SQ5E5Q6VRT472 
     --------------------------  ----------------------------------------- 
 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          Fully paid ordinary shares 
       financial instrument, 
       type of instrument 
 
      Identification code         AU000000DNK9 
 
 b)   Nature of the transaction   Subscription for shares 
     --------------------------  ----------------------------------------- 
 c)   Price(s) and volume(s)        Price(s)   Volume(s) 
                                     $0.43      50,000 
                                               ---------- 
     --------------------------  ----------------------------------------- 
 d)   Aggregated information 
        *    Aggregated volume      N/A 
 
 
        *    Price 
 
 
        *    Total 
     --------------------------  ----------------------------------------- 
 e)   Date of the transaction     4 May 2021 
     --------------------------  ----------------------------------------- 
 f)   Place of the transaction    Outside a trading venue 
     --------------------------  ----------------------------------------- 
 
 
 1    Details of the person discharging managerial responsibilities 
       / person closely associated 
 a)   Name                             Antonino John Fogliani 
     -------------------------------  -------------------------------- 
 2    Reason for the notification 
     ----------------------------------------------------------------- 
 a)   Position/status                  PCA of PDMR Melissa Chapman 
     -------------------------------  -------------------------------- 
 b)   Initial notification             Initial notification 
       /Amendment 
     -------------------------------  -------------------------------- 
 3    Details of the issuer, emission allowance market participant, 
       auction platform, auctioneer or auction monitor 
     ----------------------------------------------------------------- 
 a)   Name                             Danakali Limited 
     -------------------------------  -------------------------------- 
 b)   LEI                              5493004SQ5E5Q6VRT472 
     -------------------------------  -------------------------------- 
 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               Fully paid ordinary shares 
       financial instrument, 
       type of instrument 
 
      Identification code              AU000000DNK9 
 
 b)   Nature of the transaction        Subscription for shares 
     -------------------------------  -------------------------------- 
 c)   Price(s) and volume(s)             Price(s)   Volume(s) 
                                          $0.43      46,512 
                                                    ---------- 
     -------------------------------  -------------------------------- 
 d)   Aggregated information 
        *    Aggregated volume           N/A 
 
 
        *    Price 
 
 
        *    Total 
     -------------------------------  -------------------------------- 
 e)   Date of the transaction          4 May 2021 
     -------------------------------  -------------------------------- 
 f)   Place of the transaction         Outside a trading venue 
     -------------------------------  -------------------------------- 
 

For more information, please contact:

 
Danakali 
Seamus Cornelius     Mark Riseley 
 Executive Chairman   Head of Corporate Development 
 +61 8 6266 8368      +61 8 6266 8368 
 

Visit the Company's website: www.danakali.com

Follow Danakali on LinkedIn: www.linkedin.com/company/danakali-limited

Subscribe to Danakali on YouTube: www.youtube.com/channel/UChGKN4-M4lOvPKxs9b-IJvw

Announcement authorised for release by the Company Secretary of Danakali.

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END

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May 06, 2021 02:00 ET (06:00 GMT)

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