11 February 2025
METALS EXPLORATION
PLC
Director/PDMR
Dealings
Metals Exploration plc (AIM: MTL)
("Metals Exploration" or the "Company"), a gold production,
exploration, and development company with assets in the Philippines
and Nicaragua, has been notified of the following
transactions in ordinary shares of £0.0001 each in the
capital of the Company ("Ordinary Shares").
A person closely associated ("PCA")
with David Cather, Non-Executive Director of the Company, acquired
500,000 Ordinary Shares at an average price
of 5.6p per share. Following the dealing, David
Cather and his PCA have an interest in 7,100,000 Ordinary Shares,
representing 0.28% of the Company's current total voting
rights.
Candy Ventures S.a.r.l, which is
majority owned by Nick Candy and a PCA with Steven Smith,
Non-Executive Director of the Company, acquired 2,000,000 Ordinary
Shares at an average price of 5.6p per share. Following the
dealing, Nick Candy has an interest in 653,000,000 Ordinary Shares,
comprising: Candy Investments S.a.r.l with 650,000,000 Ordinary
Shares, Candy Ventures S.a.r.l with 2,000,000 Ordinary Shares, and
MTL (Luxembourg) S.a.r.l with 1,000,000 Ordinary Shares, in
aggregate representing 25.52% of the Company's current total voting
rights. Candy Investments S.a.r.l, Candy Ventures S.a.r.l and MTL
(Luxembourg) S.a.r.l are each wholly owned by Nick Candy, save for
Candy Ventures S.a.r.l, in which he holds a 90% interest, with
Steven Smith owning 10%.
The notifications below, made in
accordance with the requirements of the EU Market Abuse Regulation
(as applied in UK law), provides further detail on the
transaction.
For further information, please
contact or visit:
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Metals Exploration PLC
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Via BlytheRay
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+44 (0) 207 138 3204
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Nominated & Financial Adviser:
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STRAND HANSON LIMITED
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James Spinney, James Dance, Rob
Patrick
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+44 (0) 207 409 3494
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Broker:
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HANNAM & PARTNERS
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Matt Hasson, Franck
Nganou
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+44 (0) 207 907 8500
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Public Relations:
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BLYTHERAY
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Megan Ray, Said Izagaren
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+44 (0) 207 138
3204
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Web:
www.metalsexploration.com
X:
@MTLexploration
LinkedIn:
Metals
Exploration
PDMR
Notification Forms
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1.
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Details of the person discharging managerial responsibilities
/ person closely associated
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a)
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Name
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Sarah Cather
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2.
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Reason for the Notification
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a)
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Position/status
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PCA of David Cather, Non-Executive
Director
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b)
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Initial
notification/amendment
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Initial
notification
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3.
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Details of the issuer, emission allowance market participant,
auction platform, auctioneer or auction
monitor
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a)
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Name
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METALS EXPLORATION PLC
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b)
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LEI
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2138006CFXWG2OPRV987
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4.
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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
|
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a)
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Description of the Financial
instrument, type of instrument
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Ordinary Shares of £0.0001 each in
the Company
|
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Identification code
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ISIN for Ordinary Shares:
GB00B0394F60
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b)
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Nature of the
Transaction
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Acquisition of Ordinary
Shares
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c)
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Price(s) and
volume(s)
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Price(s)
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Volume(s)
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5.6p
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500,000
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|
|
|
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d)
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Aggregated
information
Aggregated volume
Price
|
|
Price
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Volume
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5.6p
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500,000
|
|
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e)
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Date of the
transaction
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7 February 2025
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f)
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Place of the
transaction
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AIM
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1.
|
Details of the person discharging managerial responsibilities
/ person closely associated
|
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a)
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Name
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Candy Ventures S.a.r.l
|
|
2.
|
Reason for the Notification
|
|
a)
|
Position/status
|
PCA of Steven Smith, Non-Executive
Director
|
|
b)
|
Initial
notification/amendment
|
Initial
notification
|
|
3.
|
Details of the issuer, emission allowance market participant,
auction platform, auctioneer or auction
monitor
|
|
a)
|
Name
|
METALS EXPLORATION PLC
|
|
b)
|
LEI
|
2138006CFXWG2OPRV987
|
|
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 £0.0001 each in
the Company
|
|
Identification code
|
ISIN for Ordinary Shares:
GB00B0394F60
|
|
b)
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Nature of the
Transaction
|
Acquisition of Ordinary
Shares
|
|
c)
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Price(s) and
volume(s)
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|
Price(s)
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Volume(s)
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1.
5.4p
2.
5.8p
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1.
1,000,000
2.
1,000,000
|
|
|
|
|
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d)
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Aggregated
information
Aggregated volume
Price
|
|
Price
|
Volume
|
|
5.6p
|
2,000,000
|
|
|
e)
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Date of the
transaction
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6 and 7 February 2025
|
|
f)
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Place of the
transaction
|
AIM
|
