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KAVANGO RESOURCES PLC — Director's Dealing 2021
Aug 12, 2021
5007_dirs_2021-08-12_3f8075ac-d7ae-4eb1-9b34-329798c5e43d.html
Director's Dealing
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National Storage Mechanism | Additional information ![]()
RNS Number : 5016I
Kavango Resources PLC
12 August 2021
12 August 2021
Kavango Resources PLC
("Kavango" or "Company")
Notification of PDMR/PCA Dealings
Kavango Resources plc (LSE:KAV), the exploration company targeting the discovery of world-class mineral deposits in Botswana, provides the following additional information in relation to the issue of Director Share Options for 5,500,000 New Ordinary Shares in the Company ("Director Share Options") on 11 August 2021.
Notification and public disclosure of transactions by persons discharging managerial responsibilities and persons closely associated with them.
Issue of Director Share Options
| 1 | Details of the person discharging managerial responsibilities / person closely associated | ||||
| a) | Name | Benjamin Turney | |||
| 2 | Reason for the notification | ||||
| a) | Position/status | Chief Executive Officer | |||
| b) | Initial notification /Amendment | Initial Notification | |||
| 3 | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | ||||
| a) | Name | Kavango Resources plc | |||
| b) | LEI | 2138007PZJFATXWUTS29 | |||
| 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 | Options over Ordinary shares of £0.001 each. | |||
| Identification code | ISIN: GB00BF0VMV24 | ||||
| b) | Nature of the transaction | Issue of Options over ordinary shares of £0.001 each. | |||
| c) | Price(s) and volume(s) | ||||
| Price(s) | Volume(s) | ||||
| £0.075 | 4,500,000 | ||||
| d) | Aggregated information | ||||
| - Aggregated volume | N/A | ||||
| - Price | |||||
| e) | Date of the transaction | 2021-08-10 | |||
| f) | Place of the transaction | Outside a Trading Venue |
| 1 | Details of the person discharging managerial responsibilities / person closely associated | ||||
| a) | Name | Hillary Gumbo | |||
| 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 | Kavango Resources plc | |||
| b) | LEI | 2138007PZJFATXWUTS29 | |||
| 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 | Options over Ordinary shares of £0.001 each. | |||
| Identification code | ISIN: GB00BF0VMV24 | ||||
| b) | Nature of the transaction | Issue of Options over ordinary shares of £0.001 each. | |||
| c) | Price(s) and volume(s) | ||||
| Price(s) | Volume(s) | ||||
| £0.075 | 1,000,000 | ||||
| d) | Aggregated information | ||||
| - Aggregated volume | N/A | ||||
| - Price | |||||
| e) | Date of the transaction | 2021-08-10 | |||
| f) | Place of the transaction | Outside a Trading Venue |
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Further information in respect of the Company and its business interests is provided on the Company's website at www.kavangoresources.com and on Twitter at #KAV.
For additional information please contact:
Kavango Resources plc
Ben Turney
+46 7697 406 06
First Equity (Joint Broker)
+44 207 374 2212
Jason Robertson
SI Capital Limited (Joint Broker)
+44 1483 413500
Nick Emerson
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