Tirupati Graphite PLC PDMR/Director Dealing
14 Maggio 2024 - 11:46AM
RNS Regulatory News
RNS Number : 3641O
Tirupati Graphite PLC
14 May 2024
20 March 2024
Tirupati
Graphite plc
('Tirupati', 'TG' or the 'Company')
PDMR/Director Dealing
The Company announces that Mr.
Alastair Bath (Executive Director), a person discharging management
responsibility, purchased a total of 400,011 ordinary shares of
£0.025 each in the capital of the Company, on 19 March 2024 as set
out in the below notification table.
Mr Bath now holds 940,826 of
ordinary shares of £0.025 each in the capital of the Company and is
due to be issued a further 54,545 ordinary shares in April per the
recent equity raise as part of the Subscription (see 17 January
2024 RNS).
|
1
|
Details of the person discharging managerial
responsibilities/person closely associated
|
|
a)
|
Name
|
Alastair Bath
|
|
2
|
Reason for the notification
|
|
a)
|
Position/status
|
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
|
Tirupati Graphite plc
|
|
b)
|
LEI
|
2138006PQV9F72H17783
|
|
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 £0.025
ISIN:
GB00BFYMWJ95.
|
|
b)
|
Nature of the transaction
|
Purchase of Ordinary
Shares
|
|
c)
|
Price(s) and volume(s)
|
|
|
Price
|
volume
|
|
Purchase
Purchase
|
£0.0497
£0.0498
|
290,199
109,812
|
|
|
d)
|
Aggregated information
|
As above
|
|
e)
|
Date of transaction
|
19 March 2024
|
|
f)
|
Place of transaction
|
London Stock Exchange
|
ENDS
For further information, please
visit https://www.tirupatigraphite.co.uk/ or
contact:
|
Tirupati Graphite Plc
Puruvi Poddar - Joint Managing
Director
|
admin@tirupatigraphite.co.uk
+44 (0) 20 39849894
|
|
Optiva Securities Limited (Broker)
Ben Maitland - Corporate
Finance
|
+44 (0) 20 3034
2707
|
|
FTI
Consulting (Financial PR)
Ben Brewerton / Nick Hennis / Lucy
Wigney
|
+44 (0) 20 3727
1000
tirupati@fticonsulting.com
|
About Tirupati Graphite
Tirupati Graphite Plc is a
specialist Graphite producer and a supplier of the critical mineral
for a decarbonised economy and the energy transition. The Company
places a special emphasis on green applications including renewable
energy, e-mobility, energy storage and thermal management, and is
committed to ensuring its operations are
sustainable.
The Company's operations include
primary mining and processing in Madagascar where the Company
operates two key projects, Sahamamy and Vatomina with a combined
30,000 tpa of currently installed capacity, producing high-quality
flake graphite concentrate with up to 97% purity and selling to
customers globally.
The Company also holds two advanced
stage, world class, natural graphite projects in Mozambique. Work
has already commenced to optimise the economics for development of
the Montepuez graphite project, which is permitted for 100,000tpa
production and where substantial construction work has already been
undertaken by the predecessor. A table of the Company's projects is
provided below:
|
Country
|
Project
|
Stage
|
|
Madagascar
|
Sahamamy
|
In production: 18,000tpa
capacity
|
|
Madagascar
|
Vatomina
|
In production: 12,000tpa
capacity
|
|
Mozambique
|
Montepuez
|
100,000tpa permitted,
development-initiated
|
|
Mozambique
|
Balama Central
|
58,000tpa permitted,
development-ready
|
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END
DSHGPUCCAUPCUBC
Grafico Azioni Tirupati Graphite (LSE:TGR)
Storico
Da Dic 2024 a Gen 2025
Grafico Azioni Tirupati Graphite (LSE:TGR)
Storico
Da Gen 2024 a Gen 2025
