Director/PDMR Shareholding

RNS Number : 8924J

AfriTin Mining Ltd

10 December 2018

 

AfriTin Mining Limited

("AfriTin" or the "Company")

Director/PDMR Shareholding

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 07 December 2018 Robert Sewell, Chief Financial Officer of the Company, purchased 307,000 Ordinary Shares at a price of 3.23p per Ordinary Share. This brings Robert's total holding in the Company to 1 287 387 Ordinary Shares representing 0.2% of the issued share capital of the Company and 0.2% of the total voting rights of the Company

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	Robert Sewell
2	Reason for the notification
a)	Position/status	Chief Financial Officer
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) 3.23p 307,000
d)	Aggregated information -    Aggregated volume -     Price	307,000 3.23p
e)	Date of the transaction	07 December 2018
f)	Place of the transaction	XLON, AIM
	AfriTin Mining Limited
	Anthony Viljoen, CEO		[phone]
	Nominated Adviser and Joint Broker
	WH Ireland Limited Katy Mitchell James Sinclair-Ford		[phone]
	Joint Broker
	NOVUM Securities Limited Jon Belliss		[phone]
	Financial PR (United Kingdom)
	Tavistock		[phone]
	Jos Simson Barney Hayward

Enquiries: [e-mail]

 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.

 

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