Bacanora Lithium PLC Admission and PDMR dealing (9559W)
29 December 2021 - 10:29PM
UK Regulatory
TIDMBCN
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 info@bacanoralithium.com
Peter Secker, CEO
Janet Blas, CFO
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 Bacanora@tavistock.co.uk
Jos Simson / Emily Moss / +44 (0) 20 7920 3150
Oliver Lamb +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/ Initial notification
Amendment
------------------------------------------------- ---------------------------------------------------
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 Ordinary shares of 10 pence each
instrument, type
of instrument ISIN: GB00BD20C246
Identification
Code
------------------------------------------------- ---------------------------------------------------
b. Nature of the Purchase and sale of shares
transaction
------------------------------------------------- ---------------------------------------------------
c. Price(s) and volume(s) Bought
------------------------------------------------- ----------------------------------------------
Price(s) per Volume(s)
share
(Average)
------------------------------------------------- --------------------------
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 2,991,601
- Price 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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END
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