Director / PDMR Shareholding

RNS Number : 1100P

Neometals Ltd

16 June 2022

 

16 June 2022

Neometals Ltd

("Neometals" or "the Company")

Director / PDMR Shareholding

Innovative project development company, Neometals Ltd (ASX: NMT) ("Neometals" or "the Company"), advises that it has been notified that certain Directors of the Company have acquired Ordinary Shares on the market:

Director	Position	New Ordinary Shares Acquired	Shareholding Following Admission	% Shareholding Following Admission
Christopher Reed	Managing Director & CEO	100,000	6,882,172	1.26%
Natalia Streltsova	Non-Executive Director	20,000	224,819	0.04%
Dr Jennifer Purdie	Non-Executive Director	31,700	330,072	0.06%

Authorised on behalf of Neometals by Rachel Rees, Company Secretary

ENDS

For more information, please contact:

Neometals Ltd
Chris Reed, Managing Director & Chief Executive Officer	[phone]
Jeremy McManus, General Manager - Commercial & Investor Relations	[phone]
Cenkos Securities plc - NOMAD & Broker
Neil McDonald	[phone]
Peter Lynch	[phone]
Adam Rae	[phone]
Camarco PR	+ 44(0) 20 3 757 4980
Gordon Poole
James Crothers
Charlotte Hollinshead

About Neometals

Neometals' focus is the continuous development and innovative commercialisation of our proprietary technologies to achieve our Purpose in collaboration with strong global partners.

Neometals believes that the demand for environmentally and ethically sourced battery materials will continue to grow with energy storage being the key enabler for the energy transition. Decarbonisation, sustainability and resilient supply chains are the key challenges for the energy storage and electric vehicle supply chain. Our technologies, particularly those in battery materials recycling and recovery, reduce reliance on traditional mining and processing, and support circular economic principles.

Neometals has three core battery materials businesses commercialising proprietary, low-cost, low-carbon process technologies:

· Lithium-ion Battery Recycling (50% equity)- to produce nickel, cobalt and lithium from production scrap and end-of-life lithium-ion batteries in an incorporated JV with leading global plant builder SMS group. The Primobius JV will soon commence operation of a 10tpd operation in Germany and has been selected as technology partner by Mercedes Benz. Investment decision for its first 50tpd operation with Stelco in Canada is expected SepQ 2022;

· Vanadium Recovery (earning 50% equity) - to produce high-purity vanadium pentoxide via processing of steelmaking by-product ("Slag"). Finalising evaluation studies on a 300,000tpa operation in Pori, Finland and potential joint venture with Critical Metals, underpinned by a 2Mt, 10-year Slag supply agreement with leading Scandinavian steelmaker SSAB. Investment decision expected end Dec 2022. MOU with H2Green Steel for up to 4Mt of Slag underpins a potential second, operation in Boden, Sweden; and

· Lithium Chemicals (earning 35% equity)- to produce lithium hydroxide from brine and/or hard rock feedstocks using our ELi® electrolysis process. Co-funding pilot plant and evaluation studies on a 25,000tpa operation in Estrarreja, Portugal towards a potential JV with technology co-owner Mineral Resources Ltd and Portugal's largest chemical producer Bondalti Chemicals S.A. Investment decision expected Dec 2023.

For further information visit www.neometals.com.au .

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	Christopher Reed
2.	Reason for the Notification
a)	Position/status	Managing Director & 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	Neometals Ltd
b)	LEI	254900WO0PDVL8V1PY78
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 no par value
	Identification code	AU000000NMT1
b)	Nature of the Transaction	Purchase of ordinary shares
c)	Price(s) and volume(s)	100,000 Ordinary Shares at A$1.00 per share
d)	Aggregated information Aggregated volume Price	A$100,000.00
e)	Date of the transaction	14 June 2022
f)	Place of the transaction	Australian Stock Exchange, ASX

1.	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	Natalia Streltsova
2.	Reason for the Notification
a)	Position/status	Non-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	Neometals Ltd
b)	LEI	254900WO0PDVL8V1PY78
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 no par value
	Identification code	AU000000NMT1
b)	Nature of the Transaction	Purchase of ordinary shares
c)	Price(s) and volume(s)	20,000 Ordinary Shares at A$1.00 per share
d)	Aggregated information Aggregated volume Price	A$20,000.00
e)	Date of the transaction	14 June 2022
f)	Place of the transaction	Australian Stock Exchange, ASX

1.	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	Dr Jennifer Purdie
2.	Reason for the Notification
a)	Position/status	Non-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	Neometals Ltd
b)	LEI	254900WO0PDVL8V1PY78
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 no par value
	Identification code	AU000000NMT1
b)	Nature of the Transaction	Purchase of ordinary shares
c)	Price(s) and volume(s)	31,700 Ordinary Shares at A$0.945 per share
d)	Aggregated information Aggregated volume Price	A$29,956.50
e)	Date of the transaction	15 June 2022
f)	Place of the transaction	Australian Stock Exchange, ASX

 

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