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
| |
| 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 | +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
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| 2 | Reason for notification |
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| a. | Position/Status | Director Director PDMR PDMR
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| 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 |
ISIN: GB00BD20C246 | |||||||||||||||
| b. | Nature of the transaction | Purchase and sale of shares | |||||||||||||||
| c. | Price(s) and volume(s) |
| Bought |
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| Price(s) per share (Average) | Volume(s) |
| ||||||||||||||
| 28.72 pence | 421,288 |
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|
| 28.45 pence | 330,940 |
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| 31.31 pence | 1,133,369 |
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| 30.68 pence | 1,106,004 |
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| 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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