TIDMDNK

RNS Number : 4196Z

Danakali Limited

21 May 2021

 
 Announcement   Friday, 21 May 2021 
=============  ==================== 
 

Notification of PCA transaction

Danakali Limited (ASX: DNK / LSE: DNK) (Danakali, or the Company) has received notification from persons closely associated (PCA) with a person discharging managerial responsibilities (PDMR) regarding an off market transfer of shares.

The relevant notifications set out below are provided in accordance with the requirements of Article 19 of the EU Market Abuse Regulation.

 
 1    Details of the person discharging managerial responsibilities 
       / person closely associated 
 a)   Name                        Sino West Assets Limited 
     --------------------------  ------------------------------------------- 
 2    Reason for the notification 
     ----------------------------------------------------------------------- 
 a)   Position/status             PCA of PDMR Mr Seamus Cornelius (Executive 
                                   Chairman) 
     --------------------------  ------------------------------------------- 
 b)   Initial notification        Initial notification 
       /Amendment 
     --------------------------  ------------------------------------------- 
 3    Details of the issuer, emission allowance market participant, 
       auction platform, auctioneer or auction monitor 
     ----------------------------------------------------------------------- 
 a)   Name                        Danakali Limited 
     --------------------------  ------------------------------------------- 
 b)   LEI                         5493004SQ5E5Q6VRT472 
     --------------------------  ------------------------------------------- 
 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          Fully paid ordinary shares 
       financial instrument, 
       type of instrument 
 
      Identification code         AU000000DNK9 
 
 b)   Nature of the transaction   Sale of ordinary shares via an off market 
                                   transfer 
     --------------------------  ------------------------------------------- 
 c)   Price(s) and volume(s)        Price(s)   Volume(s) 
                                     $0.46      4,308,037 
                                               ---------- 
     --------------------------  ------------------------------------------- 
 d)   Aggregated information 
        *    Aggregated volume      N/A 
 
 
        *    Price 
 
 
        *    Total 
     --------------------------  ------------------------------------------- 
 e)   Date of the transaction     19 May 2021 
     --------------------------  ------------------------------------------- 
 f)   Place of the transaction    Outside a trading venue 
     --------------------------  ------------------------------------------- 
 
 
 1    Details of the person discharging managerial responsibilities 
       / person closely associated 
 a)   Name                        Sino West Assets Pty Ltd 
     --------------------------  ------------------------------------------- 
 2    Reason for the notification 
     ----------------------------------------------------------------------- 
 a)   Position/status             PCA of PDMR Mr Seamus Cornelius (Executive 
                                   Chairman) 
     --------------------------  ------------------------------------------- 
 b)   Initial notification        Initial notification 
       /Amendment 
     --------------------------  ------------------------------------------- 
 3    Details of the issuer, emission allowance market participant, 
       auction platform, auctioneer or auction monitor 
     ----------------------------------------------------------------------- 
 a)   Name                        Danakali Limited 
     --------------------------  ------------------------------------------- 
 b)   LEI                         5493004SQ5E5Q6VRT472 
     --------------------------  ------------------------------------------- 
 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          Fully paid ordinary shares 
       financial instrument, 
       type of instrument 
 
      Identification code         AU000000DNK9 
 
 b)   Nature of the transaction   Acquisition of ordinary shares via an off 
                                   market transfer 
     --------------------------  ------------------------------------------- 
 c)   Price(s) and volume(s)        Price(s)   Volume(s) 
                                     $0.46      4,308,037 
                                               ---------- 
     --------------------------  ------------------------------------------- 
 d)   Aggregated information 
        *    Aggregated volume      N/A 
 
 
        *    Price 
 
 
        *    Total 
     --------------------------  ------------------------------------------- 
 e)   Date of the transaction     19 May 2021 
     --------------------------  ------------------------------------------- 
 f)   Place of the transaction    Outside a trading venue 
     --------------------------  ------------------------------------------- 
 

For more information, please contact:

 
Danakali 
Seamus Cornelius     Mark Riseley 
 Executive Chairman   Head of Corporate Development 
 +61 8 6266 8368      +61 8 6266 8368 
 

Visit the Company's website: www.danakali.com

Follow Danakali on LinkedIn: www.linkedin.com/company/danakali-limited

Subscribe to Danakali on YouTube: www.youtube.com/channel/UChGKN4-M4lOvPKxs9b-IJvw

Announcement authorised for release by the Company Secretary of Danakali.

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END

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(END) Dow Jones Newswires

May 21, 2021 02:48 ET (06:48 GMT)

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