BCN.L

Bacanora Lithium
Bacanora Lithium PLC - Admission and PDMR dealing
29th December 2021, 11:29
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RNS Number : 9559W
Bacanora Lithium PLC
29 December 2021
 

29 December 2021

Bacanora Lithium plc

("Bacanora" or the "Company")

 

Admission and PDMR dealing

 

Bacanora Lithium plc (AIM: BCN), a lithium development company, announces that, further to the announcement released by the Company on 17 December 2021, 2,991,601 new Bacanora Shares ("New Ordinary Shares"), issued pursuant to the exercise of options under the 2009 Option Scheme following the Offer by  Ganfeng International Trading (Shanghai) Limited ("Ganfeng") being declared unconditional, are expected to be admitted to trading on AIM on or around 8 a.m. on 30 December 2021.  On Admission, the Company will have 387,136,502 shares in issue.

In accordance with the terms of the offer made to them by Ganfeng under Rule 15 of the Code, the participants of the 2009 Option Scheme accepted the Offer in respect of such New Ordinary Shares on 17 December 2021.

For further information please visit www.bacanoralithium.com or contact:

Bacanora Lithium plc

Peter Secker, CEO

Janet Blas, CFO

 

info@bacanoralithium.com

Cairn Financial Advisers LLP, Nomad

Sandy Jamieson / Liam Murray

 

+44 (0) 20 7213 0880

Citigroup Global Markets, Joint Broker

Patrick Evans / Matthew Kenney /

Andrew Miller-Jones

 

+44 (0) 20 7986 4000

Canaccord Genuity, Joint Broker

James Asensio / Sam Lucas / Thomas Diehl

 

 

+44 (0) 20 7523 8000

Tavistock, Financial PR Adviser

Jos Simson / Emily Moss / Oliver Lamb

Bacanora@tavistock.co.uk

+44 (0) 20 7920 3150

+44 (0) 77 8855 4035

 

 

Notification of a Transaction pursuant to Article 19(1) of Regulation (EU) No. 596/2014

1

Details of the person discharging managerial responsibilities/person closely associated

a.

Name

Peter Secker

Mark Hohnen

Eric Carter

Janet Blas

 

2

Reason for notification

 

a.

Position/Status

Director

Director

PDMR

PDMR

 

b.

Initial notification/

Amendment

Initial notification

3

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

a.

Name

Bacanora Lithium plc

b.

LEI

2138006JSN7VQUDINN66

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 10 pence each
 

ISIN: GB00BD20C246

b.

Nature of the transaction

 Purchase and sale of shares

c.

Price(s) and volume(s)

 

 Bought

 

 

 

 

Price(s) per share

(Average)

Volume(s)

 

28.72 pence

421,288

 

 

28.45 pence

330,940

 

 

31.31 pence

1,133,369

 

 

30.68 pence

1,106,004

 

 

 

 Sold

 

Price(s) per share

Volume(s)

67.5 pence

421,288

67.5 pence

330,940

67.5 pence

1,133,369

67.5 pence

1,106,004

 

 

 

 

 

 

d.

Aggregated information

 

- Aggregated Volume

 

- Price

 

 

2,991,601

 

Bought at 30.40p, sold at 67.5p

e.

Date of the transaction

17 December 2021

f.

Place of the transaction

AIM, London Stock Exchange

 

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