First Tin PLC Director/PDMR Shareholding
15 Luglio 2024 - 12:15PM
RNS Regulatory News
RNS Number : 4227W
First Tin PLC
15 July 2024
15
July 2024
First Tin
Plc
("First
Tin" or "the Company")
Director/PDMR
dealing
First Tin PLC, a tin development
company with advanced, low capex projects in Germany and Australia,
announces that it has been notified that Clara Resources Limited, a
person closely associated with Nicholas Mather no longer has a
stake in the Company pursuant to the sale of 60,000,000 Ordinary
Shares in the Company ("Ordinary Shares") at a price of GBX 4 pence
per share on 10 July 2024. The trade occurred while Mr. Mather
still held the position of Non-Executive Director at First Tin PLC
as the representative of Clara Resources Limited ("Clara") of which
he is also a Director.
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:
|
Clara Resources Limited
|
|
2.
|
Reason for the
notification
|
|
a)
|
Position/status:
|
Nicholas Mather a Non-Executive
Director (as at the dealing date) is also a director of Clara
Resources Limited
|
|
b)
|
Initial
notification/Amendment:
|
Initial notification
|
|
3.
|
Details of the issuer, emission
allowance market participant, auction platform, auctioneer or
auction monitor
|
|
a)
|
Name:
|
First Tin PLC
|
|
b)
|
LEI:
|
LEI: 984500CSA7TBE3FB7C63
|
|
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:
GB00BNR45554
|
Ordinary shares of 0.1 pence
each
|
|
b)
|
Nature of the
transaction:
|
Sale of Ordinary Shares
|
|
c)
|
Price(s) and volume(s):
|
|
Price(s)
|
Volume(s)
|
|
GBX 4.00
|
60,000,000
|
|
|
|
|
|
d)
|
Aggregated information:
Aggregated volume:
Price:
|
Single transaction as in 4 c)
above
|
Price(s)
|
Volume(s)
|
|
GBX 4.00
|
60,000,000
|
|
|
|
|
|
e)
|
Date of the transaction:
|
10.07.2024
|
|
f)
|
Place of the transaction:
|
London Stock Exchange, Main
Market
|
Enquiries:
|
First Tin
|
|
|
William (Bill) Scotting - Chief
Executive Officer
|
Via SEC
Newgate below
|
|
Arlington Group Asset Management Limited (Financial Advisor
and Joint Broker)
|
|
|
Simon Catt
|
020 7389
5016
|
|
WH
Ireland Limited (Joint Broker)
|
|
|
Harry Ansell
|
020 7220
1670
|
|
SEC
Newgate (Financial Communications)
|
|
|
Elisabeth Cowell / Molly
Gretton
|
FirstTin@secnewgate.co.uk
|
Notes to Editors
First Tin PLC is an ethical,
reliable, and sustainable tin production company led by a team of
renowned tin specialists. The Company is focused on becoming a tin
supplier in conflict-free, low political risk jurisdictions through
the rapid development of high value, low capex tin assets in
Germany and Australia, which have been de-risked significantly,
with extensive work undertaken to date.
Tin is a critical metal, vital in
any plan to decarbonise and electrify the world, yet Europe has
very little supply. Rising demand, together with shortages, is
expected to lead tin to experience sustained deficit markets for
the foreseeable future.
First Tin's goal is to use
best-in-class environmental standards to bring two tin mines into
production in three years, providing provenance of supply to
support the current global clean energy and technological
revolutions.
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END
DSHEAEXSFFLLEFA
Grafico Azioni First Tin (LSE:1SN)
Storico
Da Nov 2024 a Dic 2024
Grafico Azioni First Tin (LSE:1SN)
Storico
Da Dic 2023 a Dic 2024
