Director's Dealing • Mar 4, 2025
Director's Dealing
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RNS Number : 3378Z
Andrada Mining Limited
04 March 2025
("Andrada" or the "Company")
Andrada Mining Limited (AIM: ATM, OTCQB: ATMTF), a tin producer with a critical raw materials portfolio of mining and exploration assets in Namibia, has received notice that Chief Strategy Officer, Frans Van Daalen sold 7 382 811 shares at a price of 1.96 pence on 3 March 2025. Notice was also received that Chief Operational Officer, Chris Smith sold 655 673 shares at a price of 1.96 pence on 3 March 2025. The sale of the shares was undertaken solely to meet taxation obligations.
Number of shares sold by PDMRs
| Executive Director/ PDMR | Role | Number of Shares Sold | Previous Holding | New Holding | Resulting Interest in the Share Capital of the Company (%) |
| Frans Van Daalen | CSO | 7 382 811 | 7 724 521 | 341 710 | 0.02 |
| Christoffel Smith | COO | 655 673 | 3 297 518 | 2 641 845 | 0.17 |
| # CONTACTS ### Andrada Mining Limited Anthony Viljoen, CEO Sakhile Ndlovu, Head of Investor Relations |
+27 (11) 268 6555 |
| ## NOMINATED ADVISOR & BROKER | |
| ### Zeus Capital Katy Mitchell Andrew de Andrade Harry Ansell |
+44 (0) 20 2382 9500 |
| ## CORPORATE BROKER & ADVISOR | |
| ### H&P Advisory Limited Andrew Chubb Jay Ashfield Matt Hasson |
+44 (0) 20 7907 8500 |
| ### Berenberg Jennifer Lee Natasha Ninkov |
+44 (0) 20 3753 3040 |
| ## FINANCIAL PUBLIC RELATIONS | |
| ### Tavistock Emily Moss Josephine Clerkin |
+44 (0) 207 920 3150 [email protected] |
Andrada Mining Limited is listed on the London Stock Exchange (AIM), New York (OTCQB) and Namibia Stock Exchange, and has mining assets in Namibia, a top-tier investment jurisdiction in Africa. Andrada strives to produce critical raw materials from a large resource portfolio, to contribute to a more sustainable future, improved living conditions and the upliftment of communities adjacent to its operations. Leveraging its strong foundation in Namibia, Andrada is on a strategic path to becoming a leading African producer of critical metals including tin, lithium, tungsten, tantalum and copper. These metals are important enablers of the green energy transition, being essential for components of electric vehicles, solar panels and wind turbines.
1
Details of the person discharging managerial responsibilities/person closely associated
a)
Name
Frans van Daalen
2
Reason for the notification
a)
Position/status
Chief Strategy Officer
b)
Initial notification/ Amendment
Initial notification
3
Details of the issuer, emission allowance market participant, auction platform, auctioneer, or auction monitor
a)
Name
Andrada Mining plc
b)
LEI
213800FKOXWBL6JBVH90
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 share
GG00BD95V148
b)
Nature of the transaction
Change of exercise price of existing options
c)
Price(s) and volume(s)
| Price(s) | Volume(s) |
| 1.96p | 7 382 811 |
d)
Aggregated information
- Aggregated volume
- Price
| Price(s) | Volume(s) |
| 1.96p | 7 382 811 |
e)
Date of the transaction
3 March 2025
f)
Place of the transaction
XLON, AIM
1
Details of the person discharging managerial responsibilities/person closely associated
a)
Name
Chris Smith
2
Reason for the notification
a)
Position/status
Chief Operational Officer
b)
Initial notification/ Amendment
Initial notification
3
Details of the issuer, emission allowance market participant, auction platform, auctioneer, or auction monitor
a)
Name
Andrada Mining plc
b)
LEI
213800FKOXWBL6JBVH90
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 share
GG00BD95V148
b)
Nature of the transaction
Change of exercise price of existing options
c)
Price(s) and volume(s)
| Price(s) | Volume(s) |
| 1.96p | 655 673 |
d)
Aggregated information
- Aggregated volume
- Price
| Price(s) | Volume(s) |
| 1.96p | 655 673 |
e)
Date of the transaction
3 March 2025
f)
Place of the transaction
XLON, AIM
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