Notification of PDMR/PCA Dealings

RNS Number : 5016I

Kavango Resources PLC

12 August 2021

 

12 August 2021

Kavango Resources PLC

("Kavango" or "Company")

Notification of PDMR/PCA Dealings

Kavango Resources plc (LSE:KAV), the exploration company targeting the discovery of world-class mineral deposits in Botswana, provides the following additional information in relation to the issue of Director Share Options for 5,500,000 New Ordinary Shares in the Company ("Director Share Options") on 11 August 2021.

Notification and public disclosure of transactions by persons discharging managerial responsibilities and persons closely associated with them.

Issue of Director Share Options

1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	Benjamin 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	Options over Ordinary shares of £0.001 each.
	Identification code	ISIN: GB00BF0VMV24
b)	Nature of the transaction	Issue of Options over ordinary shares of £0.001 each.
c)	Price(s) and volume(s)
			Price(s)	Volume(s)
			£0.075	4,500,000
d)	Aggregated information
	- Aggregated volume	N/A
	- Price
e)	Date of the transaction	2021-08-10
f)	Place of the transaction	Outside a Trading Venue

1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	Hillary Gumbo
2	Reason for the notification
a)	Position/status	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	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	Options over Ordinary shares of £0.001 each.
	Identification code	ISIN: GB00BF0VMV24
b)	Nature of the transaction	Issue of Options over ordinary shares of £0.001 each.
c)	Price(s) and volume(s)
			Price(s)	Volume(s)
			£0.075	1,000,000
d)	Aggregated information
	- Aggregated volume	N/A
	- Price
e)	Date of the transaction	2021-08-10
f)	Place of the transaction	Outside a Trading Venue

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Further information in respect of the Company and its business interests is provided on the Company's website at www.kavangoresources.com and on Twitter at #KAV.

For additional information please contact:

Kavango Resources plc   

Ben Turney

[e-mail]

[phone]

First Equity (Joint Broker)

[phone]

Jason Robertson 

SI Capital Limited (Joint Broker)   

[phone]

Nick Emerson

 

END

 

 

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