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CAPITAL METALS PLC
Director's Dealing • Jul 30, 2024
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Director's Dealing
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National Storage Mechanism | Additional information 
RNS Number : 4310Y
Capital Metals PLC
30 July 2024
THIS ANNOUNCEMENT CONTAINS INSIDE INFORMATION AS STIPULATED UNDER THE UK VERSION OF THE MARKET ABUSE REGULATION NO 596/2014 WHICH IS PART OF ENGLISH LAW BY VIRTUE OF THE EUROPEAN (WITHDRAWAL) ACT 2018, AS AMENDED. ON PUBLICATION OF THIS ANNOUNCEMENT VIA A REGULATORY INFORMATION SERVICE, THIS INFORMATION IS CONSIDERED TO BE IN THE PUBLIC DOMAIN.
30 July 2024
Capital Metals plc
("Capital Metals" or the "Company")
Director / PDMR Shareholding
Capital Metals (AIM: CMET), a mineral sands company approaching mine development stage at the high-grade Eastern Minerals Project in Sri Lanka (the "Project"), announces that Greg Martyr, Executive Chairman, has purchased 584,773 ordinary shares of 0.2 pence each ("Ordinary Shares") in the Company. The full details of the market purchases are outlined below.
| No. of Ordinary Shares purchased | Price | Date of purchase |
| 299,773 | 1.7459p | 30 July 2024 |
| 285,000 | 1.7000p | 23 July 2024 |
As a result, Mr Martyr now holds 8,167,519 Ordinary Shares representing 2.37% of the Company's issued share capital.
For further information, please visit www.capitalmetals.com or contact:
| Capital Metals plc Greg Martyr (Executive Chairman) |
Via Vigo Consulting |
| Vigo Consulting (Investor Relations) Ben Simons / Peter Jacob |
+44 (0)20 7390 0234 [email protected] |
| SPARK Advisory Partners (Nominated Adviser) Neil Baldwin / James Keeshan |
+44 (0)20 3368 3554 |
| Tavira Financial Jonathan Evans / Oliver Stansfield |
+44 (0)20 7100 5100 |
About Capital Metals
Capital Metals is a UK company listed on the London Stock Exchange (AIM: CMET). We are developing the Eastern Minerals Project in Sri Lanka, approximately 220km east of Colombo, containing industrial minerals including ilmenite, rutile, zircon, and garnet. The Project is one of the highest-grade mineral sands projects globally, with potential for further grade and resource expansion. In 2022, a third-party Preliminary Economic Assessment provided a Project NPV of US$155-235m based on existing resources, with further identified optimisation potential. We are committed to applying modern mining practices and bringing significant positive benefits to Sri Lanka and the local community. We expect over 300 direct new jobs to be created and over US$130m in direct government royalties and taxes to be paid.
Appendix - 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
Greg Martyr
2.
Reason for notification
a)
Position/Status
Executive Chairman
b)
Initial notification/
Amendment
Initial notification
3.
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)
Name
Capital Metals plc
b)
LEI
213800RR4MW1ETEMS859
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 0.2 pence per share par value
ISIN: GB00BMF75608
b)
Nature of the transaction
Acquisition of ordinary shares
c)
Price(s) and volume(s)
| Price(s) | Volume(s) |
| 1.7000p | 285,000 |
d)
Aggregated information
- Aggregated Volume
- Price
Single transaction as in 4 c) above
| Price(s) | Volume(s) |
| 1.7000p | 285,000 |
e)
Date of the transaction
23 July 2024
f)
Place of the transaction
On market
a)
Description of the financial instrument, type of instrument
Identification Code
Ordinary shares of 0.2 pence per share par value
ISIN: GB00BMF75608
b)
Nature of the transaction
Acquisition of ordinary shares
c)
Price(s) and volume(s)
| Price(s) | Volume(s) |
| 1.7459p | 299,773 |
d)
Aggregated information
- Aggregated Volume
- Price
Single transaction as in 4 c) above
| Price(s) | Volume(s) |
| 1.7459p | 299,773 |
e)
Date of the transaction
30 July 2024
f)
Place of the transaction
On market
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