KAVANGO RESOURCES PLC — Director's Dealing 2023

Jan 18, 2023

National Storage Mechanism | Additional information

RNS Number : 1557N

Kavango Resources PLC

18 January 2023

18 January 2023

KAVANGO RESOURCES PLC

("Kavango" or "the Company")

Director Dealings

The information below, set out in accordance with the requirements of the UK Market Abuse Regulation, provides detail on the transactions.

Peter Wynter Bee and Ben Turney are both Persons Discharging Managerial Responsibilities ("PDMRs") for the purposes of the Market Abuse Regulation ("MAR").

1	Details of PDMR/person closely associated with them ("PCA")
a)	Name	Wynter Bee Resources Ltd
2	Reason for the notification
a)	Position/status	Wynter Bee Resources Ltd is a PCA of Peter F Wynter Bee,  non-executive director, who holds an interest in 25% of the PCA Sarah J Wynter Bee, wife and PCA of Peter Wynter Bee, also holds an interest in 25% of Wynter Bee Resources Ltd
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
Identification code	ISIN: GB00BF0VMV24
b)	Nature of the transaction	Acquisition of shares
c)	Price(s) and volume(s)
		Price(s) GBPX	Volume(s)
		1.6p	2,000,000
d)	Aggregated information -Aggregated Volume -Price	N/A
e)	Date of the transaction	16 January 2023
f)	Place of the transaction	London Stock Exchange

1	Details of PDMR/person closely associated with them ("PCA")
a)	Name	Ben Turney
2	Reason for the notification
a)	Position/status	CEO
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
Identification code	ISIN: GB00BF0VMV24
b)	Nature of the transaction	"Bed and ISA" - a)    Sale of shares from nominee account b)    Repurchase into ISA
c)	Price(s) and volume(s)
		Price(s) GBPX	Volume(s)
		a)    Sale 1.5p b)    Purchase 1.51p	1,566,600 1,566,600
d)	Aggregated information -Aggregated Volume -Price	N/A
e)	Date of the transaction	16 January 2023
f)	Place of the transaction	London Stock Exchange

For further information, please contact:

Kavango Resources Plc

Ben Turney

bturney@kavangoresources.com 

+46 7697 406 06

First Equity (Broker)

+44 207 374 2212

Jason Robertson             

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