Marula Mining
PLC
("Marula'' or the "Company")
17
December 2024
Director/PDMR
Shareholding
Marula Mining (AQSE: MARU), an
African focused mining and development company, has received
notification on 17 December 2024, that Gathoni Muchai Investments
Limited ("GMI") made the following purchases of ordinary shares in
the capital of the Company on 10 and 13 December 2024.
Jason Brewer, a director of the
Company, is a director and shareholder of GMI.
|
Director
|
Number of ordinary shares
purchased
|
Purchase price
(Aggregated)
|
Resultant interest in
ordinary shares in the Company
|
Resultant percentage of
issued ordinary shares in the Company
|
|
Jason
Brewer
|
500,000
|
4.56
pence
|
19,000,0001
|
8.73%
|
1 19,000,000 ordinary shares are held by Gathoni Muchai
Investments Limited ("GMI"). Jason Brewer, Chief Executive Officer
and shareholder of the Company, is a connected person to the Chief
Executive Officer of GMI and a substantial shareholder and director
of GMI.
The
Directors of Marula are responsible for the contents of this
announcement. This announcement contains
inside information for the purposes of UK Market Abuse
Regulation.
About Marula Mining
Marula Mining (AQSE: MARU A2X: MAR)
is an African focused battery metals investment and exploration
company and has interests in several high value mining operations
and mine development projects in Africa: the Blesberg Lithium
and Tantalum Mine, Northern Cape Lithium and Tungsten Project,
Korridor Lithium Project and Kruisrivier Cobalt Mine, all
in South Africa; the Larisoro Manganese Mine and Kilifi
Manganese Processing Operation both in Kenya; the Kinusi Copper
Mine, the Nyorinyori Graphite Project and the NyoriGreen Graphite
Project. As we advance operations at these battery metals focused
projects, Marula will continue to build and expand its interests in
other high-quality projects in Africa.
Marula's strategy is to identify and
invest in advanced and high-value mining projects throughout East,
Central and Southern Africa that the Directors believe
would deliver returns for its shareholders. The Board and
management team aims to establish Marula as a socially and
environmentally responsible, sustainable, and profitable producer
of critical metals and commodities that are of increasingly
strategic importance to modern technologies and the global economy.
Marula's shares are traded on AQUIS Stock Exchange (AQSE)
in London and A2X Markets in South Africa. Marula is
exploring opportunities to admit its shares to trading
on Kenya's Nairobi Securities Exchange and South
Africa's Johannesburg Stock Exchange.
For
enquiries contact:
|
Marula Mining PLC
Jason Brewer,
Chief Executive Officer
Faith Kinyanjui Mumbi
Investor Relations
|
Email :
jason@marulamining.com
Email : info@marulamining.com
|
|
AQSE Corporate Adviser
Cairn Financial Advisers LLP,
Liam Murray / Ludovico Lazzaretti
|
+44 (0)20
7213 0880
|
|
A2X
Advisor
AcaciaCap Advisors Proprietary Limited
Michelle Krastanov
|
+27 (11)
480 8500
|
Caution:
Certain statements in this
announcement, are, or may be deemed to be, forward looking
statements. Forward looking statements are identified by their use
of terms and phrases such as ''believe'', ''could'', "should"
''envisage'', ''estimate'', ''intend'', ''may'', ''plan'',
''potentially'', "expect", ''will'' or the negative of those,
variations or comparable expressions, including references to
assumptions. These forward-looking statements are not based on
historical facts but rather on the Directors' current expectations
and assumptions regarding the Company's future growth, results of
operations, performance, future capital and other expenditures
(including the amount, nature and sources of funding thereof),
competitive advantages, business prospects and opportunities. Such
forward looking statements reflect the Directors' current beliefs
and assumptions and are based on information currently available to
the Directors.
|
Notification of a Transaction pursuant to Article 19(1) of
Regulation (EU) No. 596/2014
|
|
1
|
Details of the person discharging managerial
responsibilities/person closely associated
|
|
a.
|
Name
|
Jason Brewer
|
|
2
|
Reason for notification
|
|
|
a.
|
Position/Status
|
Chief Executive Officer of the
Company (also a director and shareholder of Gathoni Muchai
Investments and connected person to the CEO of GMI)
|
|
b.
|
Initial notification/
Amendment
|
Initial notification
|
|
3
|
Details of the issuer, emission allowance market participant,
auction platform, auctioneer or auction monitor
|
|
a.
|
Name
|
Marula Mining plc
|
|
b.
|
LEI
|
2138002UCKAEBPYWVT15
|
|
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 shares of 0.01 pence
each
ISIN: GB00BNBS4S95
|
|
b.
|
Nature of the transaction
|
Purchase of ordinary
shares
|
|
c.
|
Price(s) and volume(s)
|
|
|
Price(s)
|
Volume(s)
|
|
4.625p
|
250,000
|
|
|
|
|
|
|
|
d.
|
Aggregated information
- Aggregated Volume
- Price
|
N/A
|
|
e.
|
Date of the transaction
|
10 December 2024
|
|
f.
|
Place of the transaction
|
AQSE
|
|
Notification of a Transaction pursuant to Article 19(1) of
Regulation (EU) No. 596/2014
|
|
1
|
Details of the person discharging managerial
responsibilities/person closely associated
|
|
a.
|
Name
|
Jason Brewer
|
|
2
|
Reason for notification
|
|
|
a.
|
Position/Status
|
Chief Executive Officer of the
Company (also a director and shareholder of Gathoni Muchai
Investments and connected person to the CEO of GMI)
|
|
b.
|
Initial notification/
Amendment
|
Initial notification
|
|
3
|
Details of the issuer, emission allowance market participant,
auction platform, auctioneer or auction monitor
|
|
a.
|
Name
|
Marula Mining plc
|
|
b.
|
LEI
|
2138002UCKAEBPYWVT15
|
|
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 shares of 0.01 pence
each
ISIN: GB00BNBS4S95
|
|
b.
|
Nature of the transaction
|
Purchase of ordinary
shares
|
|
c.
|
Price(s) and volume(s)
|
|
|
Price(s)
|
Volume(s)
|
|
4.5p
|
250,000
|
|
|
|
|
|
|
|
d.
|
Aggregated information
- Aggregated Volume
- Price
|
N/A
|
|
e.
|
Date of the transaction
|
13 December 2024
|
|
f.
|
Place of the transaction
|
AQSE
|