Director Dealing

RNS Number : 4604C

AfriTin Mining Ltd

22 January 2018

 

AfriTin Mining Limited

("AfriTin" or the "Company")

Director Dealing

AfriTin Mining Limited (AIM:ATM), a mining company with a portfolio of near production tin assets in Namibia and South Africa, confirms that it has received notice that on 19 January 2018 Anthony Viljoen, a director of the Company, purchased 200,000 Ordinary Shares at a price of 2.45p per Ordinary Share. This brings Anthony's total holding in the Company to 2,923,942 Ordinary Shares representing 0.98% of the issued share capital of the Company and 0.98% of the total voting rights of the Company

Following the purchase of shares, the total holdings of each Director of the Company will be as follows:

Director	Number of Shares	per. cent
Glen Parsons	1,025,641	0.34
Anthony Viljoen	2,923,942*	0.98
Roger Williams	641,025	0.22
Laurence Robb	320,512	0.11

*This includes 516,652 Ordinary Shares pursuant to the Demerger Arrangement with Bushveld Minerals Ltd.

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
a)	Name	Anthony Viljoen
2	Reason for the notification
a)	Position/status	Director, CEO
b)	Initial notification/ Amendment	Initial notification
3	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)	Name	AfriTin Mining plc
b)	LEI	·      213800FKOXWBL6JBVH90
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 share GG00BD95V148
b)	Nature of the transaction	Acquisition of shares
c)	Price(s) and volume(s)	Price(s) Volume(s) 2.45p 200,000
d)	Aggregated information -    Aggregated volume -     Price	200,000 2.45p
e)	Date of the transaction	19 January 2018
f)	Place of the transaction	XLON, AIM

Enquiries: [e-mail]

AfriTin Limited
Anthony Viljoen (CEO)	[phone]
Nominated Adviser and Broker
WH Ireland Limited Katy Mitchell Adrian Hadden James Sinclair-Ford Joint Broker  Beaufort Securities Limited Jon Belliss	[phone] [phone]
Financial Public Relations
Tavistock
Jos Simson / Barney Hayward	[phone]

Notes to editors

AfriTin Mining's vision is to create a portfolio of world-class, conflict-free, tin producing assets and be the first pure tin company listed in London. The company's flagship asset is the Uis brownfield tin mine in Namibia, formerly the world's largest hard-rock tin mine. AfriTin is managed by a highly experienced board of directors and management team with a current two-fold strategy: fast track Uis brownfield tin mine in Namibia to commercial production in 2018 ramping up to 5,000 tonnes of concentrate, and consolidation of other quality African tin assets. The Company strives to capitalise on the solid supply/demand fundamentals of tin by developing a critical mass of tin resource inventory and achieving production in the near term and further scaling production by consolidating tin assets in Africa.

 

END

 

 

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