6
December 2024
Neometals
Ltd
("Neometals" or "the
Company")
Director / PDMR
Dealings
Innovative battery materials recycler, Neometals Ltd (ASX: NMT
& AIM: NMT) ("Neometals" or "the Company"), advises that a
total of 8,057,820 performance rights ("Performance Rights") have
been granted to certain employees under the Company's Performance
Rights Plan ("PRP"), as approved by shareholders on 25 November
2022.
Each
Performance Right entitles the holder to a fully paid ordinary
share in the Company at no cost. The number of Performance Rights
that may vest will be determined by reference to the extent to
which the performance conditions as measured in respect of the
period ending on the relevant vesting date have been met. The
vesting date is 30 June 2027 and any vested Performance Rights are
exercisable within 24 months from the vesting date.
The
updated interests of the above individuals in the share capital of
the Company are as follows:
|
PDMR
|
Vested performance rights
|
New Performance Rights
|
Total performance rights*
|
Total shares (direct and
indirect)
|
% of issued capital
|
|
Chris Reed
|
nil
|
2,984,582
|
4,370,047
|
11,877,003
|
1.5%
|
|
Jennifer Purdie
|
nil
|
710,747
|
710,747
|
740,773
|
0.1%
|
|
Chris Kelsall
|
nil
|
1,647,641
|
1,647,641
|
nil
|
0.0%
|
*Includes both vested and unvested PRP Performance Rights
which remain subject to vesting conditions.
As a result of the issue of the
Performance Rights pursuant to the Company's PRP, the Company has
the following securities on issue:
· 769,425,084 fully paid ordinary
shares.
· 14,488,351 performance rights issued
pursuant to the terms of the PRP remain unvested and are subject to
performance testing in accordance with their terms of
issue.
The above figure of 769,425,084
ordinary shares on issue may be used by shareholders as the
denominator for calculations when determining if they are required
to notify their interest in, or a change to their interest in, the
Company under the FCA's Disclosure Guidance and Transparency
Rules.
Authorised on behalf of Neometals by
the Board of Neometals.
- ENDS
-
For more information, please
contact:
|
Neometals Ltd
|
|
|
Chris Reed, Managing Director &
Chief Executive Officer
|
+61 8 9322 1182
|
|
Chris Kelsall, CFO & Company
Secretary
|
+61 8 9322 1182
|
|
Cavendish Capital Markets Ltd - NOMAD &
Broker
|
|
|
Neil McDonald
|
+44 (0)131 220 9771
|
|
Peter Lynch
|
+44 (0)131 220 9772
|
|
Adam Rae
|
+44 (0)131 220 9778
|
|
|
|
About Neometals
Neometals facilitates sustainable
critical material supply chains and reduces the environmental
burden of traditional mining in the global transition to a circular
economy.
The Company is commercialising a
portfolio of sustainable processing solutions that recycle and
recover critical materials from high-value waste
streams.
· Neometals' core focus is its patented, Lithium-ion Battery ("LiB")
Recycling technology (50% NMT), being commercialised
in a 50:50 incorporated JV (Primobius GmbH) with 150-year-old
German plant builder, SMS group GmbH. Primobius is supplying
Mercedes-Benz a 2,500tpa recycling plant and operates its own LiB
Disposal Service in Germany. Primobius' first 21,000tpa commercial
plant will be offered to Stelco under an existing technology
licence for North America.
Neometals is developing two advanced
battery materials technologies for commercialisation under
low-risk, low-capex technology licensing business
models:
· Lithium Chemicals (70%
NMT) - Patented ELi™ electrolysis
process, co-owned 30% by Mineral Resources Ltd, to produce battery
quality lithium hydroxide from brine and/or hard-rock feedstocks at
lowest quartile operating costs. Successfully completed pilot scale
test work and planning further development with industrialisation
partners under a technology licensing business model;
and
· Vanadium
Recovery (100%
NMT) - Patent pending
hydrometallurgical process to produce high-purity vanadium
pentoxide from steelmaking by-product (Slag) at lowest-quartile
operating cost and carbon footprint. Planning to exploit under a
technology licensing business model. Project financing process for
first commercial plant in progress.
For further information, visit: www.neometals.com.au.
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Details of the person discharging
managerial responsibilities / person closely associated
|
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1.
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Details of the person discharging
managerial responsibilities / person closely associated
|
|
|
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a)
|
Name
|
Christopher Reed
|
|
|
|
2.
|
Reason for the
Notification
|
|
|
|
a)
|
Position/status
|
Managing Director / CEO
|
|
|
|
b)
|
Initial
notification/amendment
|
Initial notification
|
|
|
|
3.
|
Details of the issuer, emission
allowance market participant, auction platform, auctioneer or
auction monitor
|
|
|
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a)
|
Name
|
Neometals Ltd
|
|
|
|
b)
|
LEI
|
254900WO0PDVL8V1PY78
|
|
|
|
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
|
Performance Rights in respect of the
Ordinary Share Capital of nil par value
|
|
|
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Identification code
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AU000000NMT1
|
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b)
|
Nature of the Transaction
|
Grant of Performance
Rights
|
|
|
|
c)
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Price(s) and volume(s)
|
Price
Volume
Nil
2,984,582
|
|
|
|
d)
|
Aggregated information
Aggregated volume Price
|
N/A
|
|
|
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e)
|
Date of the transaction
|
5 December 2024
|
|
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f)
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Place of the transaction
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Off Market
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| |
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|
1.
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Details of the person discharging
managerial responsibilities / person closely associated
|
|
|
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a)
|
Name
|
Jenny Purdie
|
|
|
|
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
|
Neometals Ltd
|
|
|
|
b)
|
LEI
|
254900WO0PDVL8V1PY78
|
|
|
|
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
|
Performance Rights in respect of the
Ordinary Share Capital of nil par value
|
|
|
|
Identification code
|
AU000000NMT1
|
|
|
|
b)
|
Nature of the Transaction
|
Grant of Performance
Rights
|
|
|
|
c)
|
Price(s) and volume(s)
|
Price
Volume
Nil
710,747
|
|
|
|
d)
|
Aggregated information
Aggregated volume Price
|
N/A
|
|
|
|
e)
|
Date of the transaction
|
5 December 2024
|
|
|
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f)
|
Place of the transaction
|
Off Market
|
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| |
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|
1.
|
Details of the person discharging
managerial responsibilities / person closely associated
|
|
|
|
a)
|
Name
|
Chris Kelsall
|
|
|
|
2.
|
Reason for the
Notification
|
|
|
|
a)
|
Position/status
|
CFO and Company Secretary
|
|
|
|
b)
|
Initial
notification/amendment
|
Initial notification
|
|
|
|
3.
|
Details of the issuer, emission
allowance market participant, auction platform, auctioneer or
auction monitor
|
|
|
|
a)
|
Name
|
Neometals Ltd
|
|
|
|
b)
|
LEI
|
254900WO0PDVL8V1PY78
|
|
|
|
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
|
Performance Rights in respect of the
Ordinary Share Capital of nil par value
|
|
|
|
Identification code
|
AU000000NMT1
|
|
|
|
b)
|
Nature of the Transaction
|
Grant of Performance
Rights
|
|
|
|
c)
|
Price(s) and volume(s)
|
Price
Volume
Nil
1,647,641
|
|
|
|
d)
|
Aggregated information
Aggregated volume Price
|
N/A
|
|
|
|
e)
|
Date of the transaction
|
5 December 2024
|
|
|
|
f)
|
Place of the transaction
|
Off Market
|
|
|
|
|
|
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| |
