Altona Rare Earths Plc

Director's Dealing • Aug 2, 2024

National Storage Mechanism | Additional information

RNS Number : 0140Z

Altona Rare Earths PLC

02 August 2024

2 August 2024

ALTONA RARE EARTHS PLC

("Altona" or "the Company")

PDMR Dealing

Altona (LSE: REE), a resource exploration and development company focused on critical raw materials in Africa, announces that it has been notified that on 2 August 2024, PDMR, Louise Adrian, transferred 3,313,274 ordinary shares of 1 pence each in the Company ("Shares") held by herself to a self-invested personal pension accounts ("SIPP") held in her name at a price of £0.016.

The SIPP transfer was effected by the sale and immediate repurchase of the Shares.  Following the SIPP transfer, the number and beneficial ownership of Shares held by Louise Adrian is unchanged.

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Altona Rare Earths Plc

Cédric Simonet, CEO                                                                               +44 (0) 7778 866 108

Louise Adrian, CFO                                                                                +44 (0) 7721 492 922

Novum Securities Ltd (Corporate Finance)                                        +44 (0) 20 7399 9400

David Coffman                                                                                                                           

Daniel Harris

Allenby Capital Ltd (Joint Broker)                                                          +44 (0)20 3328 5656

Kelly Gardiner / Guy McDougall (Sales)

Nick Athanas (Corporate Finance)

Optiva Securities (Joint Broker)                                                           +44 (0) 20 3411 1882

Vishal Balasingham                                                                                                                    

Notification and public disclosure of transaction by person discharging managerial responsibilities

1

Details of the person discharging managerial responsibilities/person closely associated

a.

Name

1)   Louise Adrian

2

Reason for notification

a.

Position/Status

1)   Director

b.

Initial notification/ Amendment

Initial notification

3

Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor

a.

Name

Altona Rare Earths Plc

b.

LEI

2138002A5GU9BFS2I491

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

ISIN Code: GB00BFZNKV91

b.

Nature of the transaction

Transfer effected by the sale and immediate repurchase of Shares with no change in beneficial ownership.

c.

Price(s) and volume(s)

Price	Volume
1)   £0.016	3,313,274 Shares Sold
2)   £0.016	3,313,274 Shares Repurchased

d.

Aggregated information

- Aggregated Volume

- Price

N/A - single transaction

e.

Date of the transaction

2 August 2024

f.

Place of the transaction

London Stock Exchange

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