Director's Dealing • Oct 5, 2022
Director's Dealing
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RNS Number : 9187B
Kavango Resources PLC
05 October 2022
5 October 2022
KAVANGO RESOURCES PLC
("Kavango" or "the Company")
Director Dealings
The Company announces that it was notified on 3 October 2022 that Ben Turney (CEO) and Brett Grist (COO), Directors / Persons Discharging Managerial Responsibility ('PDMRs') have each purchased in the region of £15,000 worth of the Company's Ordinary Shares of £0.001 each ("Ordinary Shares").
The information below, set out in accordance with the requirements of the UK Market Abuse Regulation, provides further detail on the transactions.
| 1 | Details of PDMR / person closely associated with them | |||||
| a) | Name | Ben 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 | Ordinary shares of £0.001 each | ||||
| Identification code | ISIN: GB00BF0VMV24 | |||||
| b) | Nature of the transaction | Acquisition of shares via nominee dealing account. | ||||
| c) | Price(s) and volume(s) | |||||
| Price(s) GBPX | Volume(s) | |||||
| 1.70 1.70 1.6349 |
20,245 150,000 750,000 |
|||||
| d) | Aggregated information -Aggregated Volume -Price |
920,245 1.65 |
||||
| e) | Date of the transaction | 3 October 2022 | ||||
| f) | Place of the transaction | London Stock Exchange (XLON) | ||||
| 1 | Details of PDMR / person closely associated with them | |||||
| a) | Name | Brett Grist | ||||
| 2 | Reason for the notification | |||||
| a) | Position/status | Chief Operating 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 | Ordinary shares of £0.001 each | ||||
| Identification code | ISIN: GB00BF0VMV24 | |||||
| b) | Nature of the transaction | Acquisition of shares via nominee dealing account. | ||||
| c) | Price(s) and volume(s) | |||||
| Price(s) GBPX | Volume(s) | |||||
| 1.63 | 920,245 | |||||
| d) | Aggregated information -Aggregated Volume -Price |
n/a - single transaction | ||||
| e) | Date of the transaction | 3 October 2022 | ||||
| f) | Place of the transaction | London Stock Exchange (XLON) | ||||
For further 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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