Adriatic Metals PLC
("Adriatic Metals" or the "Company")
(ASX:ADT, LSE:ADT1, OTCQX:ADMLF)
DIRECTOR/PDMR SHARE DEALING
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 |
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a) |
Name |
Paul Cronin |
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2 |
Reason for the notification |
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a) |
Position/status |
Managing Director |
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b) |
Initial notification/ Amendment |
Initial notification |
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3 |
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor |
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a) |
Name |
Adriatic Metals PLC |
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b) |
LEI |
549300OHAH2GL1DP0L61 |
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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 |
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a) |
Description of the financial instrument, type of instrument Identification code |
Adriatic Metals PLC CHESS Depositary Interests (ordinary shares)
ISIN: AU0000004772 |
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b) |
Nature of the transaction |
Grant of Performance Rights |
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c) |
Price(s) and volume(s) |
|
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d) |
Aggregated information - Aggregated volume - Price |
499,240 nil |
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e) |
Date of the transaction |
12 June 2024 |
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f) |
Place of the transaction |
Australian Securities Exchange |
** ENDS **
MARKET ABUSE REGULATION DISCLOSURE
The information contained within this announcement is deemed by the Company (LEI: 549300OHAH2GL1DP0L61) to constitute inside information for the purpose of Article 7 of EU Market Abuse Regulation (EU) No. 596/2014 as it forms part of UK domestic law by virtue of the European Union (Withdrawal) ACT 2018, as amended. The person responsible for arranging and authorising the release of this announcement on behalf of the Company is Paul Cronin, Managing Director and CEO.
Authorised by Paul Cronin, Managing Director & CEO
For further information please visit: www.adriaticmetals.com; email: info@adriaticmetals.com, @AdriaticMetals on Twitter; or contact:
Adriatic Metals PLC |
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Paul Cronin / Klara Kaczmarek |
Via Buchanan |
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Buchanan |
Tel: +44 (0) 20 7466 5000 |
Bobby Morse / Christopher Jones |
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Morgans Corporate Limited |
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Rob Douglas / Sam Warriner / Mitch Duffy |
Tel: +61 7 3334 4888 |
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RBC Capital Markets |
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Farid Dadashev / James Agnew / Jamil Miah |
Tel: +44 (0) 20 7653 4000 |
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Stifel Nicolaus Europe Limited |
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Ashton Clanfield / Callum Stewart / Varun Talwar |
Tel: +44 (0) 20 7710 7600 |
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Morrow Sodali |
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Cameron Gilenko |
Tel: +61 466 984 953 |
ABOUT ADRIATIC METALS
Adriatic Metals Plc (ASX:ADT, LSE:ADT1, OTCQX:ADMLF) is a precious and base metals developer that is advancing the world-class Vares Silver Project in Bosnia & Herzegovina, as well as the Raska Zinc-Silver Project in Serbia. First concentrate production took place in February 2024 and the Vares Silver Operation is fully funded to nameplate production, which is expected in Q4 2024. Concurrent with ongoing operational activities, the Company continues to explore across its highly prospective 44km2 concession package.