Director Dealing

RNS Number : 9187B
Kavango Resources PLC
05 October 2022
 

 

5 October 2022

KAVANGO RESOURCES PLC

("Kavango" or "the Company")

Director Dealings

 

The Company announces that it was notified on 3 October 2022 that Ben Turney (CEO) and Brett Grist (COO), Directors / Persons Discharging Managerial Responsibility ('PDMRs') have each purchased in the region of £15,000 worth of the Company's Ordinary Shares of £0.001 each ("Ordinary Shares").

 

The information below, set out in accordance with the requirements of the UK Market Abuse Regulation, provides further detail on the transactions.

 

1

 

Details of PDMR / person closely associated with them

 

 

a)

 

Name

 

Ben Turney

 

 

2

 

Reason for the notification

 

 

a)

 

Position/status

 

 

Chief Executive Officer

 

b)

 

Initial notification /Amendment

 

 

Initial Notification

 

3

 

Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor

 

 

a)

 

Name

 

 

Kavango Resources PLC

 

b)

 

LEI

 

 

2138007PZJFATXWUTS29

 

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 £0.001 each

 



 

Identification code

ISIN: GB00BF0VMV24

 



 

b)

 

Nature of the transaction

 

 

Acquisition of shares via nominee dealing account.

 

c)

 

Price(s) and volume(s)







Price(s) GBPX

Volume(s)




1.70

1.70

1.6349

20,245

150,000

750,000







d)

 

Aggregated information

-Aggregated Volume

-Price

 

 

920,245

1.65

 


 

e)

 

Date of the transaction

 

 

3 October 2022

 

f)

 

Place of the transaction

 

 

London Stock Exchange (XLON)

 

 

1

 

Details of PDMR / person closely associated with them

 

 

a)

 

Name

 

Brett Grist

 

2

 

Reason for the notification

 

 

a)

 

Position/status

 

 

Chief Operating Officer

 

b)

 

Initial notification /Amendment

 

 

Initial Notification

 

3

 

Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor

 

 

a)

 

Name

 

 

Kavango Resources PLC

 

b)

 

LEI

 

 

2138007PZJFATXWUTS29

 

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 £0.001 each

 



 

Identification code

ISIN: GB00BF0VMV24

 



 

b)

 

Nature of the transaction

 

 

Acquisition of shares via nominee dealing account.

 

c)

 

Price(s) and volume(s)







Price(s) GBPX

Volume(s)




1.63

920,245







d)

 

Aggregated information

-Aggregated Volume

-Price

 

 

n/a - single transaction

 


 

e)

 

Date of the transaction

 

 

3 October 2022

 

f)

 

Place of the transaction

 

 

London Stock Exchange (XLON)

 

 

 

For further information, please contact:

 

Kavango Resources Plc

Ben Turney

bturney@kavangoresources.com 

+46 7697 406 06

First Equity (Joint Broker)

+44 207 374 2212

Jason Robertson 

SI Capital Limited (Joint Broker) 

+44 1483 413500

Nick Emerson

 

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