PDMR Dealing

Altona Rare Earths PLC

02 August 2024

 

2 August 2024

ALTONA RARE EARTHS PLC

("Altona" or "the Company")

PDMR Dealing

Altona (LSE: REE), a resource exploration and development company focused on critical raw materials in Africa, announces that it has been notified that on 2 August 2024, PDMR, Louise Adrian, transferred 3,313,274 ordinary shares of 1 pence each in the Company ("Shares") held by herself to a self-invested personal pension accounts ("SIPP") held in her name at a price of £0.016.

The SIPP transfer was effected by the sale and immediate repurchase of the Shares.  Following the SIPP transfer, the number and beneficial ownership of Shares held by Louise Adrian is unchanged.

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Altona Rare Earths Plc

Cédric Simonet, CEO                                                                               [phone]

Louise Adrian, CFO                                                                                [phone]

Novum Securities Ltd (Corporate Finance)                                        [phone]

David Coffman                                                                                                                           

Daniel Harris

Allenby Capital Ltd (Joint Broker)                                                         [phone]

Kelly Gardiner / Guy McDougall (Sales)

Nick Athanas (Corporate Finance)

Optiva Securities (Joint Broker)                                                           [phone]

Vishal Balasingham                                                                                                                    

Notification and public disclosure of transaction by person discharging managerial responsibilities

1	Details of the person discharging managerial responsibilities/person closely associated
a.	Name		1)   Louise Adrian
2	Reason for notification
a.	Position/Status		1)   Director
b.	Initial notification/ Amendment		Initial notification
3	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a.	Name		Altona Rare Earths Plc
b.	LEI		2138002A5GU9BFS2I491
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 shares of £0.01 ISIN Code: GB00BFZNKV91
b.	Nature of the transaction		Transfer effected by the sale and immediate repurchase of Shares with no change in beneficial ownership.
c.	Price(s) and volume(s)		Price Volume 1)   £0.016 3,313,274 Shares Sold 2)   £0.016 3,313,274 Shares Repurchased
d.	Aggregated information - Aggregated Volume - Price		N/A - single transaction
e.	Date of the transaction		2 August 2024
f.	Place of the transaction		London Stock Exchange

 

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